Webster Bank Mortgage Rates, Fees & Info

Waterbury, CT

LEI: WV0OVGBTLUP1XIUJE722

Tax ID: 06-0273620

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
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    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Webster Bank is a small bank specializing in Refi and Home Purchase loans. Webster Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Boston, New York, Bridgeport, Hartford, and Providence among others. We have data for 48 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Webster Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Webster Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.06% 12/17/24
    30 Year Conventional Purchase 6.01% 12/17/24
    30 Year Conventional Refi 6.31% 12/17/24
    30 Year Cash-out Refi 6.22% 12/17/24
    30 Year FHA Purchase 6.82% 12/17/24
    30 Year FHA Refi 6.27% 12/17/24
    30 Year VA Purchase 6.27% 12/17/24
    15 Year Conventional Purchase 5.75% 12/17/24
    15 Year Conventional Refi 6.03% 12/17/24
    15 Year Cash-out Refi 6.03% 12/17/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Webster Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Webster Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    6,896

    Origination Dollar Volume (All Markets)

    $2,151,530,000

    Employee count

    3,294 Show all (9) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1,407 $713,005,000 $506,756 $4,155 4.30%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 520 $317,100,000 $609,808 $6,080 5.01%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 824 $313,820,000 $380,850 $4,416 5.09%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1,476 $228,450,000 $154,776 $3,039 5.14%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 936 $186,260,000 $198,996 $3,834 4.96%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 978 $163,710,000 $167,393 $3,108 5.30%
    Torrington, CT (FHA|USDA|VA) 387 $64,135,000 $165,724 $3,143 5.27%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 18 $43,020,000 $2,390,000 $5,209 3.90%
    WORCESTER, MA-CT (FHA|USDA|VA) 85 $32,215,000 $379,000 $3,771 4.50%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 3 $22,255,000 $7,418,333 $3,620 3.48%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 65 $16,235,000 $249,769 $4,479 4.90%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 40 $13,230,000 $330,750 $4,703 4.47%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 25 $5,895,000 $235,800 $4,580 4.95%
    SPRINGFIELD, MA (FHA|USDA|VA) 42 $5,600,000 $133,333 $3,326 5.47%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 7 $4,695,000 $670,714 $4,089 4.14%
    Outside of Metro Areas 9 $3,055,000 $339,444 $3,202 4.03%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 5 $2,895,000 $579,000 $5,655 4.70%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $1,715,000 $1,715,000 $7,511 3.50%
    Lebanon, NH-VT (FHA|USDA|VA) 6 $1,440,000 $240,000 $4,206 4.02%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 5 $1,325,000 $265,000 $6,945 4.87%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 5 $935,000 $187,000 $3,543 4.42%
    PITTSFIELD, MA (FHA|USDA|VA) 4 $860,000 $215,000 $6,302 4.68%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 3 $805,000 $268,333 $4,135 4.58%
    PUNTA GORDA, FL (FHA|USDA|VA) 2 $790,000 $395,000 $5,468 4.29%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 3 $675,000 $225,000 $3,346 3.30%
    Bennington, VT (FHA|USDA|VA) 1 $605,000 $605,000 $6,953 3.63%
    KINGSTON, NY (FHA|USDA|VA) 2 $570,000 $285,000 $9,488 5.00%
    Laconia, NH (FHA|USDA|VA) 2 $530,000 $265,000 $11,408 4.31%
    Rutland, VT (FHA|USDA|VA) 2 $520,000 $260,000 $3,951 3.69%
    Manitowoc, WI (FHA|USDA|VA) 2 $480,000 $240,000 $6,233 3.69%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $425,000 $141,667 $3,702 4.02%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $420,000 $210,000 $4,971 4.08%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $400,000 $200,000 $5,681 3.94%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $390,000 $195,000 $4,837 3.83%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 3 $385,000 $128,333 $5,260 4.96%
    MADISON, WI (FHA|USDA|VA) 1 $305,000 $305,000 $5,041 3.88%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 3 $285,000 $95,000 $756 5.83%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $275,000 $275,000 $6,520 3.63%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $215,000 $215,000 $4,958 3.63%
    Keene, NH (FHA|USDA|VA) 1 $215,000 $215,000 $4,840 3.88%
    Concord, NH (FHA|USDA|VA) 1 $195,000 $195,000 $3,787 3.13%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $195,000 $195,000 $5,028 4.25%
    ROCHESTER, NY (FHA|USDA|VA) 2 $190,000 $95,000 $0 5.74%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 2 $190,000 $95,000 $5,585 5.18%
    WILMINGTON, NC (FHA|USDA|VA) 1 $185,000 $185,000 $3,007 3.25%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $155,000 $155,000 $0 5.24%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $150,000 $75,000 $637 5.30%
    BINGHAMTON, NY (FHA|USDA|VA) 2 $130,000 $65,000 $0 3.96%
    Webster Bank's top markets include Boston, New York, Bridgeport, Hartford, and Providence among others.

    Their top states include:
  • Massachusetts (FHA|USDA|VA)
  • Connecticut (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Rhode Island (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Webster Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    SOMERSET
    Similarity Rank: 26
    N C P D Federal Credit Union
    Similarity Rank: 56
    SOUTHBRIDGE CREDIT UNION
    Similarity Rank: 80
    Schuyler Savings Bank
    Similarity Rank: 104
    POLISH NATIONAL
    Similarity Rank: 104
    The Torrington Savings Bank
    Similarity Rank: 115
    Rhode Island Credit Union
    Similarity Rank: 116
    Piscataqua Savings Bank
    Similarity Rank: 118
    FIDELITY SAVINGS AND LOAN ASSOCIATION OF BUCKS COUNTY
    Similarity Rank: 122
    Stafford Savings Bank
    Similarity Rank: 124

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,465 $1,648,535,000 $475,768 $3,880 4.07%
    HELOC 3,395 $495,285,000 $145,887 n/a 5.82%
    FHA 32 $6,700,000 $209,375 $8,461 3.75%
    VA 4 $1,010,000 $252,500 $8,603 4.00%

    For 2019, Webster Bank's most frequently originated type of loan was Conventional, with 3,465 originations. Their 2nd most popular type was HELOC, with 3,395 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 3,013 $842,235,000 $279,534 $2,814 5.00%
    Home Purchase 1,876 $996,150,000 $530,997 $5,028 4.12%
    Home Improvement 859 $93,285,000 $108,597 $430 6.02%
    Other 834 $100,090,000 $120,012 $1,428 5.81%
    Cash Out Refi 314 $119,770,000 $381,433 $5,414 3.79%

    For 2019, Webster Bank's most frequently cited loan purpose was Refi, with 3,013 originations. The 2nd most popular reason was Home Purchase, with 1,876 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 5,922 $1,696,890,000 $286,540 $4,607 5.03%
    15 Year 438 $97,190,000 $221,895 $2,365 3.96%
    10 Year 252 $132,630,000 $526,310 $946 4.43%
    20 Year 197 $40,195,000 $204,036 $1,967 4.88%
    5 Year 56 $44,080,000 $787,143 $378 4.44%
    Other 29 $105,365,000 $3,633,276 $1,673 4.91%
    1 Year 1 $175,000 $175,000 $0 6.75%
    3 Year 1 $35,005,000 $35,005,000 $0 4.61%

    For 2019, Webster Bank's most frequently cited loan duration was 30 Year, with 5,922 originations. The 2nd most popular length was 15 Year, with 438 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 2,372 $700,240,000 $295,211
    $1k-2k 846 $583,510,000 $689,728
    $2k-3k 14 $8,600,000 $614,286
    $5k+ 6 $4,550,000 $758,333
    $3k-4k 4 $3,130,000 $782,500
    $4k-5k 2 $1,700,000 $850,000

    Webster Bank's average total fees were $4,607, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,372 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 2,066 $327,510,000 $158,524
    3-4% 1,968 $1,069,360,000 $543,374
    4-5% 1,568 $595,200,000 $379,592
    6-7% 899 $81,475,000 $90,628
    7-8% 215 $11,295,000 $52,535
    2.5-3% 155 $62,645,000 $404,161
    Over 8% 16 $550,000 $34,375
    <2.5% 9 $3,495,000 $388,333

    During 2019, Webster Bank's average interest rate for loans was 5.03%, while their most frequently originated rate bucket for loans was 5-6%, with 2,066 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,855 $108,915,000 $58,714 $683 5.92%
    $100k-200k 1,832 $254,800,000 $139,083 $3,040 5.12%
    $200k-400k 1,557 $409,105,000 $262,752 $4,999 4.61%
    $400k-600k 773 $394,805,000 $510,744 $4,659 4.02%
    $600k-1MM 732 $540,180,000 $737,951 $5,016 3.80%
    $1MM+ 147 $443,725,000 $3,018,537 $6,308 3.81%

    2019 saw Webster Bank place emphasis on $100,000 or less loans with 1,855 originations, totaling $108,915,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 1,713 $573,925,000 $335,041 $4,232 4.79%
    $250k+ 1,358 $667,410,000 $491,465 $4,862 4.61%
    $100k-150k 1,322 $269,730,000 $204,032 $3,625 5.08%
    $75k-100k 839 $122,475,000 $145,977 $3,409 5.22%
    $50k-75k 837 $105,115,000 $125,585 $3,065 5.14%
    $50k or less 504 $45,520,000 $90,317 $2,486 5.26%

    Webster Bank lent most frequently to those with incomes in the $150k-250k range, with 1,713 originations. The second most popular income band? $250k+, with 1,358 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,631 $507,755,000 $311,315 $3,952 4.74%
    30-36% 1,332 $407,980,000 $306,291 $4,129 4.84%
    <20% 488 $121,920,000 $249,836 $3,240 4.78%
    50-60% 459 $57,615,000 $125,523 $3,971 5.67%
    49% 360 $60,310,000 $167,528 $2,029 5.42%
    42% 241 $80,965,000 $335,954 $4,764 4.74%
    38% 239 $75,435,000 $315,628 $4,562 4.80%
    44% 237 $43,735,000 $184,536 $3,530 5.33%
    41% 235 $79,465,000 $338,149 $4,408 4.70%
    39% 228 $64,790,000 $284,167 $4,124 4.86%
    40% 223 $69,175,000 $310,202 $4,164 4.78%
    36% 217 $63,535,000 $292,788 $4,068 4.86%
    37% 210 $62,310,000 $296,714 $3,798 4.87%
    43% 183 $39,395,000 $215,273 $3,702 5.05%
    48% 127 $22,455,000 $176,811 $3,391 5.07%
    45% 120 $23,930,000 $199,417 $4,049 5.10%
    46% 114 $20,300,000 $178,070 $3,754 5.19%
    47% 102 $17,370,000 $170,294 $3,434 5.11%
    >60% 1 $775,000 $775,000 $1,967 3.88%

    Webster Bank lent most frequently to those with DTI ratios of 20-30%, with 1,631 originations. The next most common DTI ratio? 30-36%, with 1,332 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 5,583 $1,455,975,000 $260,787 $3,875 4.96%
    Not applicable 139 $317,215,000 $2,282,122 $0 4.81%
    Not provided 682 $228,240,000 $334,663 $4,139 4.82%
    Asian 319 $117,605,000 $368,668 $4,398 4.56%
    Black 140 $27,010,000 $192,929 $3,728 5.08%
    American Indian 29 $4,705,000 $162,241 $4,386 5.02%
    Native Hawaiian or Islander 4 $780,000 $195,000 $6,164 5.56%

    Approval Rates

    Total approvals of all applications
    77.73%

    Webster Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    75.68%

    Webster Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 6,896 $2,151,530,000 $311,997

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 61 $291,925,000 $4,785,656
    Single Family (1-4 Units):Site-Built 6,835 $1,859,605,000 $272,071

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1,531 $273,185,000 $178,436 $1,386 5.56%
    40-60% 921 $344,685,000 $374,251 $3,216 4.83%
    60-80% 1,930 $915,120,000 $474,155 $4,800 4.24%
    80-100% 1,107 $475,735,000 $429,752 $4,953 4.11%
    Over 100% 37 $33,395,000 $902,568 $10,351 4.75%
    Under 20% 1,370 $109,410,000 $79,861 $555 5.94%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    WEBSTER BANK, NATIONAL ASSOCIATION Conventional home mortgage Closing on a mortgage 1 9.1%
    WEBSTER BANK, NATIONAL ASSOCIATION Conventional home mortgage Struggling to pay mortgage 1 9.1%
    WEBSTER BANK, NATIONAL ASSOCIATION Conventional home mortgage Trouble during payment process 3 27.3%
    WEBSTER BANK, NATIONAL ASSOCIATION Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 3 27.3%
    WEBSTER BANK, NATIONAL ASSOCIATION Home equity loan or line of credit (HELOC) Struggling to pay mortgage 2 18.2%
    WEBSTER BANK, NATIONAL ASSOCIATION Other type of mortgage Trouble during payment process 1 9.1%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Webster Bank, National Association 1 Brattle Street Cambridge, MA 2138 Full Service B&M $25,993
    Webster Bank, National Association 1 Brush Hill Road New Fairfield, CT 6812 Full Service B&M $53,962
    Webster Bank, National Association 1 Royce Circle Suite 102 Storrs, CT 6268 Full Service B&M $13,569
    Webster Bank, National Association 1 South Main Street Branford, CT 6405 Full Service B&M $128,318
    Webster Bank, National Association 100 Binney Street Cambridge, MA 2139 Full Service B&M $18,330
    Webster Bank, National Association 100 Broad Street Milford, CT 6460 Full Service B&M $144,085
    Webster Bank, National Association 100 Cambridge Street Boston, MA 2114 Full Service B&M $32,189
    Webster Bank, National Association 100 Franklin Street Boston, MA 2110 Full Service B&M $744,142
    Webster Bank, National Association 100 Main Street North Southbury, CT 6488 Full Service B&M $112,521
    Webster Bank, National Association 100 Westminster St. Providence, RI 2903 Full Service B&M $63,451
    Webster Bank, National Association 1000 Grand Army Hwy Somerset, MA 2726 Full Service B&M $97,565
    Webster Bank, National Association 1000 Highland Ave Needham, MA 2494 Full Service B&M $78,426
    Webster Bank, National Association 1039 Silas Deane Highway Wethersfield, CT 6109 Full Service B&M $164,379
    Webster Bank, National Association 1041 Main Street Manchester, CT 6040 Full Service B&M $149,212
    Webster Bank, National Association 1041 Ten Rod Rd North Kingstown, RI 2852 Full Service B&M $31,848
    Webster Bank, National Association 1069 Boston Post Road Guilford, CT 6437 Full Service B&M $107,781
    Webster Bank, National Association 108 Farmington Avenue Hartford, CT 6105 Full Service B&M $34,983
    Webster Bank, National Association 1085 Main Street East Hartford, CT 6108 Full Service B&M $77,401
    Webster Bank, National Association 1101 Boston Post Rd Darien, CT 6820 Full Service B&M $40,201
    Webster Bank, National Association 1114 New Britain Avenue West Hartford, CT 6110 Full Service B&M $107,473
    Webster Bank, National Association 1120 Main Street Newington, CT 6111 Full Service B&M $111,543
    Webster Bank, National Association 1177 Post Road Fairfield, CT 6824 Full Service B&M $55,711
    Webster Bank, National Association 1180 East Main Street Torrington, CT 6790 Full Service B&M $134,013
    Webster Bank, National Association 1215 Park Ave. Cranston, RI 2910 Full Service B&M $60,537
    Webster Bank, National Association 1265 Boston Post Road Mamaroneck, NY 10543 Full Service B&M $51,975
    Webster Bank, National Association 130 Westbrook Road Essex, CT 6426 Full Service B&M $66,121
    Webster Bank, National Association 132 Main Street Southington, CT 6489 Full Service B&M $92,922
    Webster Bank, National Association 1365 Washington Street Boston, MA 2118 Full Service B&M $19,493
    Webster Bank, National Association 1367 - 1375 Boylston Street Boston, MA 2115 Full Service B&M $7,369
    Webster Bank, National Association 1376 Bald Hill Road Warwick, RI 2886 Full Service B&M $75,937
    Webster Bank, National Association 14 Danbury Road Ridgefield, CT 6877 Full Service B&M $103,942
    Webster Bank, National Association 141 Hebron Drive Glastonbury, CT 6033 Full Service B&M $158,002
    Webster Bank, National Association 145 Highland Avenue Maplecroft Plaza Cheshire, CT 6410 Full Service B&M $126,020
    Webster Bank, National Association 1450 Plymouth Avenue Fall River, MA 2721 Full Service B&M $55,235
    Webster Bank, National Association 146 Mamaroneck Avenue White Plains, NY 10601 Full Service B&M $76,731
    Webster Bank, National Association 1491 Silver Lane East Hartford, CT 6108 Full Service B&M $57,254
    Webster Bank, National Association 15 New Haven Road Seymour, CT 6483 Full Service B&M $65,933
    Webster Bank, National Association 150 Main Street Bristol, CT 6010 Full Service B&M $141,388
    Webster Bank, National Association 1519 Newman Avenue Seekonk, MA 2771 Full Service B&M $76,002
    Webster Bank, National Association 155 Main Street Thomaston, CT 6787 Full Service B&M $53,153
    Webster Bank, National Association 169 Danbury Rd New Milford, CT 6776 Full Service B&M $55,083
    Webster Bank, National Association 1695 Ellington Rd South Windsor, CT 6074 Full Service B&M $134,536
    Webster Bank, National Association 17 Popham Rd Scarsdale, NY 10583 Full Service B&M $60,695
    Webster Bank, National Association 176 Broad Street Windsor, CT 6095 Full Service B&M $144,441
    Webster Bank, National Association 1815 Massachusetts Ave Cambridge, MA 2140 Full Service B&M $16,813
    Webster Bank, National Association 185 Asylum Street Hartford, CT 6103 Full Service B&M $96,499
    Webster Bank, National Association 1919 Black Rock Turnpike Fairfield, CT 6825 Full Service B&M $59,455
    Webster Bank, National Association 192 Westport Av Norwalk, CT 6851 Full Service B&M $68,299
    Webster Bank, National Association 1959 Summer St. Stamford, CT 6905 Full Service B&M $63,774
    Webster Bank, National Association 2 Daniels Farm Rd. Trumbull, CT 6611 Full Service B&M $58,266
    Webster Bank, National Association 2 High Street Farmington, CT 6032 Full Service B&M $91,503
    Webster Bank, National Association 2 North Road East Windsor, CT 6088 Full Service B&M $89,196
    Webster Bank, National Association 2 River Street New Rochelle, NY 10801 Full Service B&M $40,672
    Webster Bank, National Association 2 Washington Street Taunton, MA 2780 Full Service B&M $110,726
    Webster Bank, National Association 200 College St New Haven, CT 6510 Full Service B&M $97,356
    Webster Bank, National Association 200 Division Street Ansonia, CT 6401 Full Service B&M $105,339
    Webster Bank, National Association 200 New Hartford Rd Winsted, CT 6098 Full Service B&M $38,771
    Webster Bank, National Association 2100 Poquonock Avenue Windsor, CT 6095 Full Service B&M $79,836
    Webster Bank, National Association 2143 Central Park Avenue Yonkers, NY 10710 Full Service B&M $61,030
    Webster Bank, National Association 219 Town Green Wilton, CT 6897 Full Service B&M $89,424
    Webster Bank, National Association 220 Albany Turnpike Canton, CT 6019 Full Service B&M $70,259
    Webster Bank, National Association 220 Oak Street Brockton, MA 2301 Full Service B&M $26,679
    Webster Bank, National Association 244 Post Road East Westport, CT 6880 Full Service B&M $86,488
    Webster Bank, National Association 247 Boston Post Road Orange, CT 6477 Full Service B&M $119,940
    Webster Bank, National Association 25 Stuart Street Boston, MA 2116 Full Service B&M $21,464
    Webster Bank, National Association 260 Main Street East Haven, CT 6512 Full Service B&M $79,756
    Webster Bank, National Association 262 County Road Barrington, RI 2806 Full Service B&M $55,300
    Webster Bank, National Association 265 Newport Avenue Pawtucket, RI 2861 Full Service B&M $61,692
    Webster Bank, National Association 27 Park Street Attleboro, MA 2703 Full Service B&M $79,383
    Webster Bank, National Association 28 County Road Mattapoisett, MA 2739 Full Service B&M $38,401
    Webster Bank, National Association 28 Durham Road (Route 79) Madison, CT 6443 Full Service B&M $62,065
    Webster Bank, National Association 2855 Dixwell Avenue Hamden, CT 6518 Full Service B&M $124,784
    Webster Bank, National Association 297 Harvard Street Brookline, MA 2446 Full Service B&M $50,382
    Webster Bank, National Association 301 Main Street Danbury, CT 6810 Full Service B&M $114,495
    Webster Bank, National Association 31 Waltham Street Lexington, MA 2421 Full Service B&M $91,833
    Webster Bank, National Association 311 West Street Litchfield, CT 6759 Full Service B&M $75,571
    Webster Bank, National Association 3180 Berlin Turnpike Newington, CT 6111 Full Service B&M $92,550
    Webster Bank, National Association 319 Cottage Grove Road Bloomfield, CT 6002 Full Service B&M $104,115
    Webster Bank, National Association 324 Franklin Avenue Hartford, CT 6114 Full Service B&M $38,715
    Webster Bank, National Association 326 Highland Avenue Waterbury, CT 6708 Full Service B&M $47,244
    Webster Bank, National Association 33 Sullivan Drive Fall River, MA 2721 Full Service B&M $71,224
    Webster Bank, National Association 346 Main Street Kensington, CT 6037 Full Service B&M $141,507
    Webster Bank, National Association 3546 Main Street Bridgeport, CT 6606 Full Service B&M $24,148
    Webster Bank, National Association 359 Queen Street Southington, CT 6489 Full Service B&M $75,998
    Webster Bank, National Association 363 Main Street Middletown, CT 6457 Full Service B&M $75,295
    Webster Bank, National Association 364 Reidville Drive Waterbury, CT 6705 Full Service B&M $67,963
    Webster Bank, National Association 375 Bridgeport Avenue Shelton, CT 6484 Full Service B&M $87,079
    Webster Bank, National Association 377 Cromwell Avenue Rocky Hill, CT 6067 Full Service B&M $149,815
    Webster Bank, National Association 392 West Main Street Avon, CT 6001 Full Service B&M $116,105
    Webster Bank, National Association 40 Webster Square Place Berlin, CT 6037 Full Service B&M $111,802
    Webster Bank, National Association 400 Middlebury Road Middlebury, CT 6762 Full Service B&M $65,142
    Webster Bank, National Association 402 Connecticut Ave Norwalk, CT 6854 Full Service B&M $55,520
    Webster Bank, National Association 45 Waterbury Road Prospect, CT 6712 Full Service B&M $92,171
    Webster Bank, National Association 450 Barnum Avenue Stratford, CT 6614 Full Service B&M $71,889
    Webster Bank, National Association 450 Main Street New Britain, CT 6051 Full Service B&M $204,634
    Webster Bank, National Association 475 Hancock Street Quincy, MA 2171 Full Service B&M $28,330
    Webster Bank, National Association 475 Talcottville Road Vernon, CT 6066 Full Service B&M $81,983
    Webster Bank, National Association 491 Boylston Street Boston, MA 2116 Full Service B&M $26,192
    Webster Bank, National Association 495 Monroe Tpk Monroe, CT 6468 Full Service B&M $53,282
    Webster Bank, National Association 495 Union Street, Brass Mill Center Waterbury, CT 6706 Full Service B&M $18,764
    Webster Bank, National Association 5 Coles Road Cromwell, CT 6416 Full Service B&M $102,935
    Webster Bank, National Association 5 Helen Street Hamden, CT 6514 Full Service B&M $59,124
    Webster Bank, National Association 5 Wigwam Avenue Waterbury, CT 6704 Full Service B&M $67,961
    Webster Bank, National Association 50 Freshwater Boulevard Enfield, CT 6082 Full Service B&M $119,589
    Webster Bank, National Association 50 North Main Street, Route 7 Kent, CT 6757 Full Service B&M $40,862
    Webster Bank, National Association 500 New Haven Ave. Derby, CT 6418 Full Service B&M $98,878
    Webster Bank, National Association 502 Howe Avenue Shelton, CT 6484 Full Service B&M $75,223
    Webster Bank, National Association 506 Shelton Avenue Shelton, CT 6484 Full Service B&M $104,969
    Webster Bank, National Association 51 East Main Street Plainville, CT 6062 Full Service B&M $104,526
    Webster Bank, National Association 53 Main Street New Milford, CT 6776 Full Service B&M $131,964
    Webster Bank, National Association 544 Straits Turnpike Watertown, CT 6795 Full Service B&M $99,640
    Webster Bank, National Association 545 Pleasant Street New Bedford, MA 2740 Full Service B&M $50,691
    Webster Bank, National Association 553 Farmington Avenue New Britain, CT 6053 Full Service B&M $95,396
    Webster Bank, National Association 563 Main St. East Greenwich, RI 2818 Full Service B&M $24,045
    Webster Bank, National Association 575 Farmington Ave Bristol, CT 6010 Full Service B&M $261,764
    Webster Bank, National Association 584 Campbell Avenue West Haven, CT 6516 Full Service B&M $51,964
    Webster Bank, National Association 6 Gay Street Sharon, CT 6069 Full Service B&M $62,629
    Webster Bank, National Association 60 Oxford Road Oxford, CT 6478 Full Service B&M $68,560
    Webster Bank, National Association 637 Main Street Somers, CT 6071 Full Service B&M $44,413
    Webster Bank, National Association 64 South Main Street Wallingford, CT 6492 Full Service B&M $145,942
    Webster Bank, National Association 65 Lasalle Road West Hartford, CT 6107 Full Service B&M $218,857
    Webster Bank, National Association 652 East Main Street Meriden, CT 6450 Full Service B&M $55,908
    Webster Bank, National Association 66 North Main Street Suffield, CT 6078 Full Service B&M $85,435
    Webster Bank, National Association 665 West Main Street New Britain, CT 6053 Full Service B&M $99,872
    Webster Bank, National Association 680 Park Street Hartford, CT 6106 Full Service B&M $15,546
    Webster Bank, National Association 686 Dartmouth Street South Dartmouth, MA 2748 Full Service B&M $58,160
    Webster Bank, National Association 696 Amity Road Bethany, CT 6524 Full Service B&M $36,634
    Webster Bank, National Association 7 Halls Road Old Lyme, CT 6371 Full Service B&M $57,735
    Webster Bank, National Association 70 Summer Street Boston, MA 2110 Full Service B&M $30,345
    Webster Bank, National Association 70 Washington Avenue North Haven, CT 6473 Full Service B&M $127,829
    Webster Bank, National Association 700 Washington Street Stoughton, MA 2072 Full Service B&M $41,820
    Webster Bank, National Association 708 Hopemeadow St Simsbury, CT 6070 Full Service B&M $90,381
    Webster Bank, National Association 710 Wolcott Road Wolcott, CT 6716 Full Service B&M $94,843
    Webster Bank, National Association 712 Main Street Watertown, CT 6795 Full Service B&M $108,704
    Webster Bank, National Association 716 Aquidneck Ave. Middletown, RI 2842 Full Service B&M $30,254
    Webster Bank, National Association 719 Belmont Street Brockton, MA 2301 Full Service B&M $87,415
    Webster Bank, National Association 72 Purchase Street Rye, NY 10580 Full Service B&M $50,478
    Webster Bank, National Association 723 Boston Post Road Old Saybrook, CT 6475 Full Service B&M $44,338
    Webster Bank, National Association 725 Wolcott Street Waterbury, CT 6705 Full Service B&M $50,478
    Webster Bank, National Association 733 Rubber Avenue Naugatuck, CT 6770 Full Service B&M $41,381
    Webster Bank, National Association 741 Willett Avenue Riverside, RI 2915 Full Service B&M $87,255
    Webster Bank, National Association 75 Park Road West Hartford, CT 6119 Full Service B&M $67,647
    Webster Bank, National Association 760 Mclean Ave Yonkers, NY 10704 Full Service B&M $69,893
    Webster Bank, National Association 760 Washington Blvd Stamford, CT 6901 Full Service B&M $7,229
    Webster Bank, National Association 774 North Main Street West Hartford, CT 6117 Limited, Drive-thru $145,275
    Webster Bank, National Association 789 Federal Road Brookfield, CT 6804 Full Service B&M $82,509
    Webster Bank, National Association 792 Beacon Street Newton, MA 2459 Full Service B&M $42,869
    Webster Bank, National Association 797 Pine Street Forestville, CT 6010 Full Service B&M $120,006
    Webster Bank, National Association 83 Newtown Rd Danbury, CT 6810 Full Service B&M $57,003
    Webster Bank, National Association 84 Central Street Wellesley, MA 2482 Full Service B&M $40,774
    Webster Bank, National Association 85 Mason St. Greenwich, CT 6830 Full Service B&M $38,525
    Webster Bank, National Association 894 Whalley Avenue New Haven, CT 6515 Full Service B&M $44,803
    Webster Bank, National Association 975 Ashley Boulevard New Bedford, MA 2745 Full Service B&M $98,351
    Webster Bank, National Association 975 South Main Street Cheshire, CT 6410 Full Service B&M $91,583
    Webster Bank, National Association One North Riverside Ave Terryville, CT 6786 Full Service B&M $83,164
    Webster Bank, National Association Routes 37 And 39 Sherman, CT 6784 Full Service B&M $56,537
    Webster Bank, National Association Webster Plaza Waterbury, CT 6702 Full Service B&M $9,994,352

    For 2019, Webster Bank had 157 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $1,159,193
    Net interest income $971,683
    Total noninterest income $279,781
    Gross Fiduciary activities income $8,882
    Service charges on deposit accounts $91,430
    Trading account gains and fees $8,773
    Additional Noninterest Income $170,696
    Pre-tax net operating income $513,840
    Securities gains (or losses, -) $29
    Income before extraordinary items $404,850
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $404,850
    Minority interest net income $0
    Net income $404,850
    Sale, conversion, retirement of capital stock, net $12,052
    Net operating income $404,827

    Webster Bank's gross interest income from loans was $1,159,193,000.
    Webster Bank's net interest income from loans was $971,683,000.
    Webster Bank's fee based income from loans was $91,430,000.
    Webster Bank's net income from loans was $404,850,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $187,510
    Provision for credit losses $37,800
    Total noninterest expense $699,824
    Salaries and employee benefits $393,332
    Premises and equipment expense $134,471
    Additional noninterest expense $172,021
    Applicable income taxes $109,019
    Net charge-offs $41,057
    Cash dividends $360,000

    Webster Bank's interest expense for loans was $187,510,000.
    Webster Bank's payroll and benefits expense were $393,332,000.
    Webster Bank's property, plant and equipment expenses $134,471,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 1.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $23,839,923
    Deposits held in domestic offices $23,721,251
    Deposits by Individuals, partnerships, and corporations $21,412,923
    Deposits by U.S. Government $15
    Deposits by States and political subdivisions in the U.S. $2,305,165
    Deposits by Commercial banks and other depository institutions in U.S. $3,148
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $1,435,639
    Demand deposits $820,856
    Nontransaction accounts $22,285,612
    Money market deposit accounts (MMDAs) $8,960,374
    Other savings deposits (excluding MMDAs) $10,289,146
    Total time deposits $3,036,092
    Total time and savings deposits $22,900,395
    Noninterest-bearing deposits $4,573,013
    Interest-bearing deposits $19,148,238
    Retail deposits $22,424,045
    IRAs and Keogh plan accounts $383,607
    Brokered deposits $652,151
    Deposits held in foreign offices $118,672

    Assets

    Asset Value (in 000's)
    Total Assets $30,412,303
    Cash & Balances due from depository institutions $257,508
    Interest-bearing balances $122,894
    Total securities $8,219,751
    Federal funds sold & reverse repurchase $387
    Net loans and leases $19,866,294
    Loan and leases loss allowance $209,096
    Trading account assets $132,697
    Bank premises and fixed assets $270,413
    Other real estate owned $6,203
    Goodwill and other intangibles $577,774
    All other assets $1,081,276

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $30,412,303
    Total Liabilities $27,334,604
    Total deposits $23,839,923
    Interest-bearing deposits $19,266,910
    Deposits held in domestic offices $23,721,251
    % insured (estimated) $69
    Federal funds purchased and repurchase agreements $1,040,431
    Trading liabilities $3,900
    Other borrowed funds $2,275,030
    Subordinated debt $0
    All other liabilities $175,320

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $19,866,294
    Loan and leases loss allowance $209,096
    Total loans and leases (domestic) $20,075,390
    All real estate loans $13,093,625
    Real estate loans in domestic offices $13,093,625
    Construction and development loans $409,448
    Residential 1-4 family construction $53,983
    Other construction, all land development and other land $355,465
    Loans secured by nonfarm nonresidential properties $4,552,308
    Nonfarm nonresidential secured by owner-occupied properties $1,198,748
    Commercial real estate & other non-farm, non-residential $3,353,560
    Multifamily residential real estate $1,001,097
    1-4 family residential loans $7,130,723
    Farmland loans $49
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $5,953,698
    To non-U.S. addressees $17,407
    Loans to individuals $219,580
    Credit card loans $0
    Related Plans $21,505
    Consumer Auto Loans $3
    Other loans to individuals $198,072
    All other loans & leases $808,487
    Loans to foreign governments and official institutions $0
    Other loans $317,781
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $42,655
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $130,976
    Non 1-4 family restructured loans & leases $54,021
    Total loans and leases (foreign) $0

    Webster Bank had $19,866,294,000 of loans outstanding in 2019. $13,093,625,000 of loans were in real estate loans. $409,448,000 of loans were in development loans. $1,001,097,000 of loans were in multifamily mortgage loans. $7,130,723,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $3,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 2,017 $517,130 $256,386
    Nonfarm, nonresidential loans - <$100k 210 $9,539 $45,424
    Nonfarm, nonresidential loans - $100-250k 634 $82,749 $130,519
    Nonfarm, nonresidential loans - $250k-1MM 1,173 $424,842 $362,184
    Commercial & Industrial, US addressed loans - <$1MM 8,542 $772,297 $90,412
    Commercial & Industrial, US addressed loans - <$100k 5,008 $128,444 $25,648
    Commercial & Industrial, US addressed loans - $100-250k 1,836 $168,773 $91,924
    Commercial & Industrial, US addressed loans - $250k-1MM 1,698 $475,080 $279,788
    Farmland loans - <$1MM 1 $49 $49,000
    Farmland loans - <$100k 1 $49 $49,000