WATERBURY, Conn., Sept. 13 /PRNewswire-FirstCall/ -- Webster Financial
Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced
today the appointment of Michelle Crecca as executive vice president, consumer
lending, responsible for leading Webster's consumer lending practice.
"Webster is very pleased to welcome Michelle Crecca to the Webster team,"
stated Webster President and Chief Operating Officer William T. Bromage. "We
know that her wide-ranging skills and experience in the home equity business
will be a significant asset to our consumer lending operations."
For the past seven years, Crecca worked in various positions at CITIGROUP
in Stamford, CT. Most recently, she was Managing Director, Retail Business for
Citi Home Equity. At Citi Home Equity, she was responsible for the performance
of a major business line with a strategic and marketing focus on growing Citi
Home's business. She also was responsible for successful cross sales
initiatives using new avenues of distribution. Prior to that position, Crecca
was a Vice President, Channel Director for the Smith Barney Home Equity Cross
Sell Program and a Vice President, Director of E-Commerce for The Student Loan
Corporation.
Crecca earned a B.A. in Political Science and Hispanic Studies from
Northwestern University in Evanston, Illinois and an M.B.A. from New York
University.
Webster Financial Corporation is the holding company for Webster Bank,
National Association and Webster Insurance. With $18.0 billion in assets,
Webster provides business and consumer banking, mortgage, insurance, financial
planning, trust and investment services through 160 banking offices, 308 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., Center Capital Corporation, an equipment
finance company headquartered in Farmington, Connecticut and provides health
savings account trustee and administrative services through HSA Bank, a
division of Webster Bank.
For more information about Webster, including past press releases and the
latest annual report, visit the Webster website at
http://www.websteronline.com.
Media Contact
Clark Finley
203-578-2287
cfinley@websterbank.com
or
Investor Contact
Terry Mangan
203-578-2318
tmangan@websterbank.com
SOURCE Webster Financial Corporation