{"id":687791,"date":"2022-09-21T17:03:43","date_gmt":"2022-09-21T21:03:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/webster-raises-prime-lending-rate-to-6-25-percent\/"},"modified":"2022-09-21T17:03:43","modified_gmt":"2022-09-21T21:03:43","slug":"webster-raises-prime-lending-rate-to-6-25-percent","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/webster-raises-prime-lending-rate-to-6-25-percent\/","title":{"rendered":"Webster Raises Prime Lending Rate to 6.25 Percent"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n STAMFORD, Conn.<\/span>
\n <\/span>, Sept. 21, 2022<\/span><\/span> \/PRNewswire\/ — Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank<\/span>, N.A. and its HSA Bank division, announced today that it has raised its prime lending rate to 6.25 percent from 5.50 percent, effective Sept. 22, 2022<\/span>.<\/p>\n

\n About Webster<\/b>\n <\/p>\n

Webster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank<\/span>, 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<\/span>, Webster is a values-driven organization with $68 billion<\/span> in assets. Its core footprint spans the northeastern U.S. from New York<\/span> to Massachusetts<\/span>, with certain businesses operating in extended geographies. Webster Bank\u00a0is a member of the\u00a0FDIC\u00a0and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at\u00a0www.websterbank.com<\/a>.<\/p>\n

\n Media Contact:
<\/b>
\n Alice Ferreira<\/span>, 203-578-2610
acferreira@websterbank.com<\/a><\/p>\n

\n Investor Contact:
<\/b>
\n Emlen Harmon<\/span>, 212-309-7646
eharmon@websterbank.com<\/a><\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/webster-raises-prime-lending-rate-to-6-25-percent-301630264.html<\/a><\/p>\n

SOURCE Webster Financial Corporation<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire STAMFORD, Conn. , Sept. 21, 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 6.25 percent from 5.50 percent, effective Sept. 22, 2022. About Webster 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 … <\/p>\n

Continue reading “Webster Raises Prime Lending Rate to 6.25 Percent”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-687791","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nWebster Raises Prime Lending Rate to 6.25 Percent - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/webster-raises-prime-lending-rate-to-6-25-percent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Webster Raises Prime Lending Rate to 6.25 Percent - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire STAMFORD, Conn. , Sept. 21, 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 6.25 percent from 5.50 percent, effective Sept. 22, 2022. About Webster 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. 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