WATERBURY, Conn., March 29, 2010 –Webster Bank, the main subsidiary of Webster Financial Corporation (NYSE: WBS), announced that Maria Freburg has joined the company as market manager for Westchester County, N.Y.
In her position, Freburg will oversee Webster’s eight branches in Westchester County and be responsible for growing the Webster franchise in the Westchester County market. Her focus will be on delivering superior customer service and community-based banking to Webster’s consumer and business customers.
Freburg has nearly 20 years in financial services, including a decade working in various positions with Wachovia and Key Bank of New York in Westchester, Putnam and Duchess County, N.Y.
She has extensive experience in sales and team building and joins Webster from H&R Block, where she worked as district sales manager for sales production, marketing, profitability and training at 19 financial centers in the Clearwater, Fla., region. Prior to H&R Block, Freburg served as owner and branch manager with Franklin Financial in Clearwater; held various positions with Wachovia, including retail banking director with 120 offices and a $6 billion deposit base in Tampa and 82 offices and a $4 billion deposit base in southern New Jersey; financial sales leader in Armonk, N.Y. and branch manger in New York; and held several positions with Key Bank in Dutchess and Westchester County.
Freburg has served with numerous civic groups, including Big Brothers, Big Sisters, Ronald McDonald House, Meals on Wheels, Rotary Club and local chapters of the Chamber of Commerce in New York, Florida and New Jersey.
About Webster
Webster Financial Corporation is the holding company for Webster Bank, National Association. With $17.7 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 181 banking offices, 501 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.
Investor Contact:
Terry Mangan, 203-578-2318
tmangan@websterbank.com
Media Contact:
Ed Steadham, 203-578-2287
esteadham@websterbank.com