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Webster Raises Prime Lending Rate to 4.50 Percent

(MENAFN Editorial) WATERBURY, Conn., Dec. 13, 2017 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that it has raised its prime lending rate to 4.50 percent from 4.25 percent effective tomorrow, December 14, 2017.

About Webster
Webster Financial Corporationis the holding company forWebster Bank, National Association. With$26.4 billionin assets, Webster provides business and consumer banking, mortgage, financial planning, trust, and investment services through 167 banking centers and 338 ATMs. Webster also provides mobile and Internet banking.Webster Bankowns the asset-based lending firmWebster Business Credit Corporation; the equipment finance firmWebster Capital Finance Corporation; andHSA Bank, a division ofWebster Bank, which provides health savings account trustee and administrative services.Webster Bankis a member of theFDICand an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at.

Media Contact:

Investor Contact:

Alice Ferreira, 203-578-2610

Terry Mangan, 203-578-2318

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SOURCE Webster Financial Corporation

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