WATERBURY, Conn., May 23, 2012 --- Webster Bank, a leading bank serving businesses and consumers from Westchester County, N.Y. to Boston, Mass., salutes the members of our military and recognizes the value of their commitment with our Military Banking Program.
Any retired Veteran or active duty personnel serving full or part time (including the National Guard and Reserves) is eligible. This package combines checking and loan benefits.
- $500 mortgage rebate to go along with the core WebsterOne Relationship checking account;
- In addition to the normal ¼% off with auto deduction from a WebsterOne Relationship checking, Military Banking customers will be eligible for:
- ¼% discount on Home Equity Loans and Home Equity Lines
- Fixed Rate Loans discount ½% off interest rate
- SBA Patriot Express program for Veterans who either own or want to start a business
- Free WebsterOne Checks;
- Free Travelers Cheques;
- Free WebsterOne Savings with higher rates;
- Free Foreign ATMs;
- Free international ATMs;
All that’s needed is a valid military ID or discharge papers. Only one military account per family. This special waiver is for 12 months if service person is part time or in the reserves and it is permanent for full time active duty personnel and veterans. The free foreign and international ATM surcharge rebate waivers are available as long as the military waive is on the account.
For those interested in setting up a Special Military Value Package, please contact Webster’s Customer Care Center at 1-888-4WEBSTER.
Webster Financial Corporation is the holding company for Webster Bank, National Association. With $19 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 168 banking offices, 466 ATMs, 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.
Media Contact:
Sarah Barr, 203-578-2287
sbarr@websterbank.com
Investor Contact:
Terry Mangan, 203-578-2318
tmangan@websterbank.com