STAMFORD, Conn. , June 15, 2022 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank , N.A. and its HSA Bank division, announced today that it has raised its prime lending rate to 4.75 percent from 4.00 percent, effective June 16, 2022 .
Webster Financial Corporation (NYSE: WBS ) is the holding company for Webster Bank , National Association and its HSA Bank Division. Webster is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking and its HSA Bank division, one of the country's largest providers of employee benefits solutions. Headquartered in Stamford, CT , Webster is a values-driven organization with more than $65 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts , with certain businesses operating in extended geographies. Webster Bank is a member of the FDIC and an 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 .
Alice Ferreira , 203-578-2610
Emlen Harmon , 212-309-7646
SOURCE Webster Financial Corporation