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Webster Financial Corp. (WBS)On Nov 30: 12.73   0.00 (0.00%)  
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Webster Financial Corp.
Webster Plaza
Waterbury, CT 06702
United States - Map
Phone: 203-465-4364
Fax: 203-755-5539
Web Site: http://www.websteronline.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Financial
Industry:Regional - Northeast Banks
Full Time Employees:2,782

BUSINESS SUMMARY 
Webster Financial Corporation operates as the holding company for the Webster Bank that provides business and consumer banking, mortgage lending, financial planning, and trust and investment services to individuals, families, and businesses. It primarily engages in generating deposits and originating loans. The company’s deposit products include checking accounts, demand deposits, money market accounts, negotiable order of withdrawal accounts, savings accounts, brokered deposits, and certificate of deposit accounts. Its loan portfolio comprises residential mortgage loans; consumer loans, including home equity loans; commercial loans comprising commercial non-mortgage, asset-based loans, and equipment financing; and commercial real estate loans, including commercial real estate, commercial construction, and residential development loans. The company also offers cash management, wealth management, trust, financial planning, brokerage and investment advice, and insurance premium financing services. As of December 31, 2008, it operated through 181 banking offices and 489 automated teller machines in Connecticut, Massachusetts, Rhode Island, and New York. The company was founded in 1935 and is based in Waterbury, Connecticut.
Key Statistics

COMPANY WEBSITES 
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    CORPORATE GOVERNANCE 
    Webster Financial Corp.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 95.2% of S&P 400 companies and 99.5% of Banks companies.
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    KEY EXECUTIVES 
     PayExercised
    Mr. James C. Smith , 59
    Chairman, Chief Exec. Officer, Pres, Chairman of Exec. Committee, Chairman of Webster Bank and Chief Exec. Officer of Webster Bank
    $ 879.00K $ 0
    Mr. Gerald P. Plush , 50
    Chief Financial Officer, Chief Risk Officer, Sr. Exec. VP, Member of office of the Chief Exec. Officer, Chief Financial Officer of Webster Bank and Sr. Exec. VP of Webster Bank
    $ 433.00K $ 0
    Mr. Joseph Savage , 56
    Exec. VP of Commercial Banking and Exec. VP of Commercial Banking - Webster Bank
    $ 330.00K $ 0
    Mr. Jeffrey N. Brown , 51
    Chief Admin. Officer, Exec. VP, Chief Admin. Officer of Webster Bank - sub and Exec. VP of Webster Bank - sub
    $ 324.00K $ 0
    Mr. Scott M. McBrair , 52
    Consultant
    $ 437.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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