Webster Financial : Bank Business Credit Expands; Opens Office in Atlanta
September 23, 2015 at 07:30 am EDT
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Sarah Barr 203-578-2287 sbarr@websterbank.com
Webster Bank Business Credit Expands; Opens Office in Atlanta
WATERBURY, Conn./ATLANTA, Ga., September 22, 2015 - Webster Bank, a leading regional bank, announced today that Webster Bank Business Credit (WBCC), its regional asset-based lending subsidiary based in New York City, continued its strategic initiative to expand geographically by opening an office in Atlanta, Ga. William Greene, III, senior vice president, WBCC, will head the office.
"This is a homecoming as well as an opening," said Warren Mino, executive vice president and director of WBCC. "Bill was with Webster from 1998 to 2009. With his return, we look to grow the book of businesses and service customers in that region."
Prior to returning to Webster, Greene helped grow the new Atlanta office for HSBC Bank, focusing on companies with $50 to $500 million in revenue and international needs.
WBCC currently has $289.4 million in commitments in the southeastern United States. WBCC,
which is part of Webster's Commercial Bank, has $1.4 billion in lines of credit in place.
Photo: William Greene, III.
About Webster:
Webster Financial Corporation is the holding company for Webster Bank, National Association. With $23.6 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust, and investment services through 165 banking centers, 316 ATMs, telephone banking, mobile banking, and the Internet. Webster Bank owns the asset-based lending
firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a division of Webster Bank, which provides health savings account trustee and administrative services. 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.
Webster Financial Corporation is the holding company for Webster Bank, N.A. and its HSA Bank division. The Company's segments include Commercial Banking, HSA Bank, and Consumer Banking. The Commercial Banking segment serves businesses with more than two million dollars of revenue through its commercial real estate and equipment finance, business banking, asset-based lending and commercial services, private banking, treasury management and other business units. The HSA Bank segment offers a comprehensive consumer-directed employee benefit and healthcare solution that includes health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter benefits. The Consumer Banking segment operates a distribution network, throughout southern New England and the New York metro and suburban markets, that comprises approximately 198 banking centers and 349 automated teller machines, a customer care center and a full range of Web and mobile-based banking services.
WEBSTER FINANCIAL CORPORATION 
