Gregory V. Renna Joins Center Capital Corporation

Oct 12, 2004

WATERBURY, Conn.--(BUSINESS WIRE)--Oct. 12, 2004--Center Capital Corporation, the wholly owned subsidiary of Webster Bank, announced today the appointment of Gregory V. Renna to be Director of Business Development - Western Region for Center Capital's General Aviation Division.

Before joining Center Capital, Renna was Co-Founder of Avia Finance, an aviation finance brokerage firm in Carlsbad, California. Prior to Avia, Greg was Finance Sales Manager with Cessna Finance Corporation and Director of Aviation with Textron Financial.

Renna earned an M.S. in Aerospace Studies at the University of North Dakota, where he was also an aviation instructor. He also is a certified Commercial Instrument Pilot - CFII, MEI.

Webster Financial Corporation is the holding company for Webster Bank, National Association and Webster Insurance. With $17 billion in assets, Webster provides business and consumer banking, mortgage, insurance, financial planning, trust and investment services through 148 banking offices, 273 ATMs, telephone banking and the Internet. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation, the insurance premium finance company Budget Installment Corp., and Center Capital Corporation, an equipment finance company headquartered in Farmington, Connecticut. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websteronline.com.

CONTACT: Webster Financial Corporation
Meghan Thompson, 203-578-2287
mthompson@websterbank.com

SOURCE: Webster Financial Corporation