Webster Lowers Prime Lending Rate to 7.00 Percent
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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 7.00 percent from 7.25 percent, effective October 30, 2025.
About Webster
Webster Financial Corporation (“Webster”) (NYSE: WBS) is the holding company for Webster Bank, N.A. (“Webster Bank”). Founded in 1935 and headquartered in Stamford, CT, Webster is a values-driven organization with more than $80 billion in total assets. Webster Bank is a commercial bank that provides a wide range of financial products and services to businesses, individuals, and families across three differentiated lines of business: Commercial Banking, Healthcare Financial Services, and Consumer Banking. While its core footprint spans the Northeast from the New York metropolitan area to Rhode Island and Massachusetts, certain businesses operate 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251029668826/en/
Media Contact:
Alice Ferreira, 203-578-2610
[email protected]
Investor Contact:
Emlen Harmon, 212-309-7646
[email protected]
Source: Webster Financial Corporation
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