Webster Financial Corp.
Similar to: Huntington Bancshares, Inc.
Webster Financial Corp. operates as a holding company for Webster Bank NA. It provides business and consumer banking, mortgage, financial planning, trust and investment services. The company also offers equipment financing, commercial real estate lending and asset-based lending. It operates its business through four segments: Commercial Banking, Retail Banking, Consumer Finance and Other. The Commercial Banking segment includes middle market, asset-based lending, commercial real estate, equipment finance, and wealth management. The Retail Banking segment includes retail, business and professional banking, and investment services. The Consumer Finance segment includes residential mortgage and consumer lending, as well as mortgage banking activities. The Other segment includes health savings accounts, and government and institutional banking. The company was founded in 1986 and is headquartered in Waterbury, CT.