WATERBURY, Conn., October 11, 2012 – Webster Bank, a leading regional bank serving businesses and consumers from Westchester County, N.Y. to Boston, Mass., has been selected by the U.S. Small Business Administration (SBA) to receive the 2012 Eagle Award as Top Dollar 7(a) and Top 504 Lender for Connecticut.
“Webster is pleased to receive this honor,” said Robert Polito Jr., senior vice president and director of Government Guaranteed Lending for Webster. “For five consecutive years, Webster has been the leading SBA lender in Connecticut, granting over $90 million in new credit needs to our customers. We continue to work to meet our customers’ financial needs each and every day through a very challenging economy. The benefit of our partnership with the SBA has clearly had a positive impact on Connecticut’s economy”
The official announcement will be made at the Annual Lenders and Partners meeting on Tuesday, October 16th at 7:30 a.m. at the Trumbull Marriott Merritt Parkway in Trumbull, Conn.
“One purpose of our Annual Lenders and Partners meeting is to publicly thank our partners for their tremendous support of the SBA and the Connecticut business communities by helping us to help Main Street businesses through our loan guaranty program,” said Bernard Sweeney, district director for the SBA. “We look forward to continuing the growth in SBA activity and partnerships throughout 2013.”
About Webster
Webster Financial Corporation is the holding company for Webster Bank, N.A. With $20 billion in assets, Webster provides business and consumer banking, mortgages, financial planning, trust and investment services through 167 banking offices; 464 ATMs (290 of which are owned by Webster and 174 of which are branded); telephone banking; mobile banking; and the Internet. Webster Bank owns the asset based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; 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 or follow us on LinkedIn http://linkedin.com/company/webster-bank and Twitter https://twitter.com/WebsterBank.
Media Contact:
Sarah Barr, 203-578-2287
sbarr@websterbank.com
Investor Contact:
Terry Mangan, 203-578-2318
tmangan@websterbank.com