{"id":795988,"date":"2024-12-18T18:17:03","date_gmt":"2024-12-18T23:17:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/webster-lowers-prime-lending-rate-to-7-50-percent\/"},"modified":"2024-12-18T18:17:03","modified_gmt":"2024-12-18T23:17:03","slug":"webster-lowers-prime-lending-rate-to-7-50-percent","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/webster-lowers-prime-lending-rate-to-7-50-percent\/","title":{"rendered":"Webster Lowers Prime Lending Rate to 7.50 Percent"},"content":{"rendered":"

<\/p>\n

Webster Lowers Prime Lending Rate to 7.50 Percent<\/b><\/p>\n

STAMFORD, Conn.–(BUSINESS WIRE<\/a>)–
\nWebster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that it has lowered its prime lending rate to 7.50 percent from 7.75 percent, effective December 19, 2024.<\/p>\n

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

\nWebster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank, N.A. 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 Healthcare Financial Services, one of the country\u2019s largest providers of employee benefits and administration of medical insurance claim settlements solutions. Headquartered in Stamford, CT, Webster is a values-driven organization with $79 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<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20241218512630\/en\/<\/a><\/span><\/p>\n

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

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

KEYWORDS:<\/b> Connecticut United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n

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

Webster Lowers Prime Lending Rate to 7.50 Percent STAMFORD, Conn.–(BUSINESS WIRE)– Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that it has lowered its prime lending rate to 7.50 percent from 7.75 percent, effective December 19, 2024. About Webster Webster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank, N.A. 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 Healthcare Financial Services, one of the country\u2019s largest providers of employee benefits and administration of medical insurance claim settlements solutions. Headquartered in Stamford, CT, Webster is a values-driven organization with $79 billion … <\/p>\n

Continue reading “Webster Lowers Prime Lending Rate to 7.50 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-795988","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nWebster Lowers Prime Lending Rate to 7.50 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-lowers-prime-lending-rate-to-7-50-percent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Webster Lowers Prime Lending Rate to 7.50 Percent - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Webster Lowers Prime Lending Rate to 7.50 Percent STAMFORD, Conn.–(BUSINESS WIRE)– Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that it has lowered its prime lending rate to 7.50 percent from 7.75 percent, effective December 19, 2024. About Webster Webster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank, N.A. 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 Healthcare Financial Services, one of the country\u2019s largest providers of employee benefits and administration of medical insurance claim settlements solutions. 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