WATERBURY, Conn., Jan. 28 /PRNewswire-FirstCall/ -- Webster Bank, N.A., a subsidiary of Webster Financial Corporation , announced today the grand openings of two new retail banking branches in Westfield and West Springfield, Massachusetts. The Springfield branch is located at 50 Elm Street, and the Westfield branch is at 280 East Main Street. These openings mark Webster's initial expansion into the western Massachusetts market under its retail de novo program and bring Webster's retail banking office total to 159.
"Webster's de novo program has met great success in the Connecticut, New York and Rhode Island markets, and we are expecting similar results in the Springfield area," stated Webster Senior Vice President Retail Banking Michael Fitzsimmons. "The Springfield market is competitive and offers a great opportunity for us. Webster is looking forward to building new relationships in this region and attracting new business and consumer customers with Webster's exceptional service."
Grand opening celebrations at the two branches will be today from 11:00 a.m. to 2:00 p.m.
Since March 2002, Webster's retail de novo program has opened a total of 19 branches in Fairfield County (Connecticut), Westchester County (New York), Rhode Island and western Massachusetts.
Webster Financial Corporation is the holding company for Webster Bank, National Association and Webster Insurance. With $17.8 billion in assets, Webster provides business and consumer banking, mortgage, insurance, financial planning, trust and investment services through 159 banking offices, 304 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, 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: Clark Finley, 203-578-2287
