Webster Lowers Prime Lending Rate
18 Marzo 2008 - 3:18PM
PR Newswire (US)
WATERBURY, Conn., March 18 /PRNewswire-FirstCall/ -- Webster Bank,
National Association, a subsidiary of Webster Financial Corporation
(NYSE: WBS), announced today that it has lowered its prime lending
rate to 5.25 percent from 6.00 percent effective today. Webster
last changed its prime rate on January 30, 2008. Webster Financial
Corporation is the holding company for Webster Bank, National
Association and Webster Insurance. With $17.2 billion in assets,
Webster provides business and consumer banking, mortgage,
insurance, financial planning, trust and investment services
through 181 banking offices, 343 ATMs, telephone banking and the
Internet. Webster Bank owns the asset-based lending firm Webster
Business Credit Corporation, the insurance premium finance company
Budget Installment Corp., Center Capital Corporation, an equipment
finance company headquartered in Farmington, Connecticut 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 http://www.websteronline.com/. Media Contact: Ed
Steadham, 203-578-2287 or Investor Contact: Terry Mangan,
203-578-2318
http://www.newscom.com/cgi-bin/prnh/20050421/NYTH039LOGO
http://photoarchive.ap.org/ DATASOURCE: Webster Financial
Corporation CONTACT: Webster Financial Corporation Media Contact:
Ed Steadham 203-578-2287 or Investor Contact: Terry Mangan
203-578-2318 Web site: http://www.websteronline.com/
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