Webster Raises Prime Lending Rate to 5.50 Percent

WATERBURY, Conn., Dec. 19, 2018 /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 5.50 percent from 5.25 percent effective tomorrow, December 20, 2018. 

About Webster
Webster Financial Corporation is the holding company for Webster Bank, National Association and its HSA Bank division. With $27.3 billion in assets, Webster provides and , , , , and through 157 banking centers and 319 ATMs. Webster also provides and . Webster Bank owns the firm Webster Business Credit Corporation; the firm Webster Capital Finance Corporation; and HSA Bank, a division of Webster Bank, which provides 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 .

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SOURCE Webster Financial Corporation