It also offers equipment financing, asset-based lending, mortgage origination, and financial advisory services to public and private companies throughout the United States.
The company originates various types of residential, commercial, and consumer loans.
It offers commercial, residential permanent and construction mortgage loans, commercial loans, equipment financing, insurance premium financing, asset-based loans, and various types of consumer loans including home equity lines of credit, home equity loans, and other types of small business and consumer loans.
Webster has three segments that include Retail Banking, Commercial Banking, and Wealth and Investment Services.
The Retail Banking segment includes insurance services, small business lending, consumer lending and deposit generation, and direct banking activities, which include the operation of automated teller machines, and telebanking customer support and sales.
It also includes the residential real estate lending, loan servicing, and secondary marketing activities.
The Commercial Banking segment includes middle market, specialized, equipment financing, asset-based and commercial real estate lending, deposit and cash management activities, and financial advisory services.
Wealth and Investment Services segment provides comprehensive wealth management services for individuals and institutions.
As of March 31, 2004, Webster Bank had 119 branch offices, which included 48 banking offices in Hartford County, 19 in Fairfield County, 9 in Litchfield County, 5 in Middlesex County, 2 in Tolland County, and 1 in New London County.
It also maintains one banking office in New York State.
The company has its principal executive offices in Waterbury, Connecticut.
