Susan Nelson Named Senior Vice President at HSA Bank

Nov 18, 2009

WATERBURY, Conn., Nov. 18 /PRNewswire/ -- HSA Bank® announces the appointment of Susan Nelson as its Senior Vice President - National Sales Director. Nelson has assumed the management of HSA Bank's national sales team and is responsible for developing the bank's strategic sales initiatives.

Most recently, Nelson was regional vice president of sales at Coventry Health Care, a national managed healthcare company. Prior to Coventry, she was the executive director of commercial products and sales for Presbyterian Healthcare Services. Nelson also previously served as Corporate Director of Sales for BlueCross BlueShield of Wisconsin and Nevada Group Sales Director for Wellpoint, one of the nation's largest health insurance providers.

Nelson earned a Masters of Business Administration from the University of Wisconsin - Eau Claire and has completed executive leadership programs through both the University of Wisconsin - Madison and Duke University. She is also active in the American Heart Association's Go Red for Women movement where she is currently on the Executive Leadership Team.

"HSA Bank has been involved in healthcare savings accounts for a long time and is clearly a leader in the industry, not only by the numbers, but through its dedication to service and the HSA product," said Nelson. "My role is to provide focus and leadership to develop strategic initiatives that will grow accounts and deposits for HSA Bank."

"We are thrilled that Susan is joining HSA Bank," said Kirk Hoewisch, president of HSA Bank. "Her vast experience in executive and leadership roles within the insurance industry will provide a fresh view of the industry and assist us in achieving our business objectives."

Nelson will be based out of HSA Bank's Wisconsin offices. HSA Bank is a division of Webster Bank, N.A., the wholly-owned subsidiary of Webster Financial Corporation (NYSE: WBS - News).

HSA Bank serves customers in every state in the nation and has more than 12 years of experience with healthcare savings accounts. HSA Bank continuously strives to offer the best HSA product in the industry. HSA Bank combines convenience, service and savings with low account maintenance fees, competitive interest rates, several investment options, 24-hour account access online or through its automated telephone system, and outstanding personal service.

For more information about HSA Bank, visit the HSA Bank website at www.hsabank.com.

Webster Financial Corporation is the holding company for Webster Bank, National Association. With $17.5 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 181 banking offices, 492 ATMs, telephone banking and the Internet. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation, Center Capital Corporation, an equipment finance company headquartered in Farmington, Conn., and provides health savings account trustee and administrative services through HSA Bank, a division of Webster Bank. Member FDIC and equal housing lender.

For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.

Media Contact:
HSA Bank: Patrick Rose, +1-920-803-4151
mediarequests@hsabank.com
Webster: Ed Steadham, +1-203-578-2287
esteadham@websterbank.com