Webster Bank Again Offers Quicken TurboTax for the Web

Feb 22, 2001

WATERBURY, Conn.--(BUSINESS WIRE)--Feb. 22, 2001--Webster Bank will once again offer Quicken(R) TurboTax(R) for the Web(SM) 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.

"Webster's goal is to make managing finances easy and convenient for our customers, and one way to do that is to offer the best online tools and products possible," said Francis P. Duggan, senior vice president of Webster's E-Business Group. "TurboTax continues to be a quick tax filing solution for our Web banking customers."

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.

This is the second year that Webster is offering Quicken TurboTax for the Web through its Web site at www.websterbank.com.

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(R), the most popular small business accounting software. Intuit's Quicken.com(TM) 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.

Connecticut-based Webster Bank provides business and consumer banking, mortgage, insurance, trust and investment services through more than 110 banking offices, 200 ATMs and the Internet (www.websterbank.com). Webster's online mortgage subsidiary at www.nowlending.com on the Worldwide Web originates low-cost mortgages across the United States. Webster Financial Corporation (Nasdaq:WBST) is the holding company for Webster Bank.

Note to Editors: Intuit, Quicken, TurboTax and QuickBooks are registered trademarks of Intuit Inc. Quicken.com and Quicken TurboTax for the Web are trademarks and/or servicemarks of Intuit Inc.

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CONTACT: Webster Bank
Jim Kalach, 203/578-2461
jkalach@websterbank.com