WATERBURY, Conn.--(BUSINESS WIRE)--Jan. 12, 2000--Webster Bank today announced an agreement with Intuit to offer Quicken® TurboTax® for the WebSM to its customers through its Web site at www.websterbank.com, allowing easy and quick access to Intuit's online version of its popular Quicken TurboTax personal tax preparation software.
"Part of Webster Bank's investment in the Internet is to bring valued products and services to our customers through the Web," said Francis P. Duggan, senior vice president of Internet Development. "This is just the start of many new and exciting enhancements Webster customers will begin seeing on our site."
TurboTax for the Web enables taxpayers to prepare and file all the same federal and state income tax returns as the Quicken TurboTax desktop software program, but with the added convenience of preparing and filing online for a faster refund. And since no trip to the store or downloading of software is required, preparing and filing taxes is faster and easier than ever.
Intuit Inc. (Nasdaq:INTU) is a leader in e-finance, including financial software and Web-based services. Intuit develops and markets Quicken, the leading personal finance software; TurboTax, the best-selling tax preparation software; and QuickBooks®, the most popular small business accounting software. Intuit's Quicken.com Web site (www.Quicken.com) is a leading financial Web site, offering a comprehensive set of financial news, information and tools, including insurance, mortgage, investment and tax preparation services. Intuit's products and services enable individuals, small businesses and financial professionals to better manage their financial lives and businesses.
Pro forma for pending merger and branch purchase activity, Webster Bank has $11 billion in assets and operates through a network of more than 125 banking offices, and 200 ATMs, in addition to telephone, video, Web and PC banking.
Webster is also a leading, full-service commercial and mortgage lender in Connecticut. Webster Trust, the bank's trust and investment management subsidiary, is one of the leading bank trust companies based in Connecticut. Webster's insurance subsidiary, Damman Insurance Associates, is one of the largest agencies in the state.
Webster's Nowlending subsidiary found at www.nowlending.com on the Worldwide Web, originates low-cost mortgages over the Internet for customers across the United States.
For more information on Webster visit www.websterbank.com.
Intuit, Quicken, TurboTax, QuickBooks and EasyStep are registered trademarks of Intuit Inc. Quicken.com and Quicken TurboTax for the Web are trademarks and/or servicemarks of Intuit Inc.
CONTACT: Media Contact:
Jim Kalach, 203-578-2461
jkalach@websterbank.com