Webster Bank Employees Raise $1.16 Million for The United Way

Jan 05, 2011

WATERBURY, Conn., January 5, 2011 — Webster Bank announced today that it raised $1.16 million through its recently completed 2010 Employee Community Campaign for the United Way.

The amount raised makes Webster one of Connecticut's largest contributors to the United Way. The money will go to more than 40 United Way chapters and more than 100 United Way partner agencies across Connecticut, Massachusetts, Rhode Island and Westchester County, N.Y.

The theme of Webster's 2010 Employee Community Campaign for the United Way was “75 Years of Caring,” because it coincided with the bank celebrating its 75 th anniversary year. The campaign consisted of several one-time fundraisers over the course of the summer and fall, which were designed to raise awareness about the United Way and lead up to a three-week online employee pledge campaign in the fall.

“Since Webster was founded in the Great Depression, giving back to the communities we serve has been a defining part of who we are,” said Bob Twomey, the campaign chairman who is also Webster's regional president for Massachusetts and Rhode Island and a senior vice president at the bank. “Despite the continued challenges in today's economy, more Webster bankers pledged this year than ever before to help the United Way provide its broad safety net of human services, a fitting end to a campaign that came to a close as the bank celebrated its diamond anniversary.”

Webster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank. With $17.8 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 181 banking offices, 497 ATMs, mobile banking, the Customer Care Center, and the Internet. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation, and the equipment finance firm Webster Capital Finance, 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 Webster's website at www.websterbank.com .

Media Contact:
Kathy Luria, Vice President, Community Affairs
203-578-2396, kluria@websterbank.com