WATERBURY, Conn., March 1, 2010 – Webster Bank, the main subsidiary of Webster Financial Corporation (NYSE: WBS), has named Barbara Hart senior vice president, government banking, based in Hartford.
In this position, Hart is responsible for the cash management-related activities in the government banking group and acts as liaison to the bank’s cash management group. She is responsible for overall government banking account relationships and provides customized municipal finance packages to a broad range of government clients across Connecticut and the region. She structures banking services for state and local governments and provides guidance on the array of Webster’s depository, investment, and cash management services.
Hart joined Webster in 1996 from Shawmut Bank. She moved to the government banking group in 1998 from Webster’s treasury group, where she served as vice president and assistant manager, treasury sales. From 1989 to 1998, Hart provided a variety of short-term investments to a wide range of Connecticut municipalities, and advised them of the characteristics of money market investment instruments.
Hart is a member of the Government Finance Officers Association (“GFOA”), the National Association of Housing and Redevelopment Officials (“NAHRO”), Connecticut Council of Small Towns (“COST”), Connecticut Conference of Municipalities (“CCM”), and the Association for Financial Professionals (“AFP”). She is a Municipal Securities Representative with a Series 7 designation and she holds the Certified Financial Professional (“CTP”) designation.
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.
Media Contact:
Ed Steadham, 203-578-2287
esteadham@websterbank.com
Investor Contact:
Terry Mangan
203-578-2318
tmangan@websterbank.com