by: Sponsored Content by Webster Bank
Submitted by Webster Bank
NEW HAVEN, Conn., January 13, 2023 /CSRwire/ - Because philanthropy is such an important part of what Webster Bank’s Office of Corporate Responsibility oversees, they have launched a Community Investment Strategy, committing $6.5 billion over three years. There are several ways they are investing in communities, including philanthropy, community development lending, and small business lending – specifically targeting minority and women-owned businesses. Webster Bank is also investing in Finance Labs, watching those with respect to philanthropy and affordable housing investment.
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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 organization with $69.1 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.
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