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PR Newswire
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Webster Opens 20th de novo Branch in New Canaan


WATERBURY, Conn., April 22 /PRNewswire-FirstCall/ -- Webster Bank, N.A., a subsidiary of Webster Financial Corporation , today celebrates the grand opening of its branch at 215 Elm Street in New Canaan, Connecticut. Since March 2002, Webster's de novo program has opened a total of 20 branches in Fairfield County (Connecticut), Westchester County (New York), Rhode Island and western Massachusetts.

The grand opening celebration at the Elm Street branch will be from 11:00 a.m. to 2:00 p.m.

"This branch opening marks an important, successful milestone for Webster's branch expansion program," stated Webster Senior Vice President Retail Banking Michael Fitzsimmons. "We look forward to competing in this new market and building new and deeper relationships with business and consumer customers in the area for many years to come."

Webster now has 158 retail banking branches and 306 ATMs across its four-state region.

Webster's last de novo branch opening was in January when it opened banking offices in West Springfield and Westfield, Massachusetts.

Webster Financial Corporation is the holding company for Webster Bank, National Association and Webster Insurance. With $17.9 billion in assets, Webster provides business and consumer banking, mortgage, insurance, financial planning, trust and investment services through 158 banking offices, 306 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 cfinley@websterbank.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050606/NYWBLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
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