# Webster Bank

> Webster Bank is a Stamford, Connecticut-based commercial bank with roughly $80 billion in assets, built around three businesses most banks never combine under one roof: commercial banking, consumer banking, and a national healthcare-money engine anchored by HSA Bank. Started in 1935 with $25,000 during the Great Depression, it now serves businesses, consumers, and millions of health-account holders across the Northeast and beyond, and in 2026 agreed to be acquired by Banco Santander for $12.3 billion.

- **Founded:** 1935
- **Headquarters:** Stamford, Connecticut, United States
- **Founders:** Harold Webster Smith (Founder & CEO (1935-1987))
- **Team size:** ~4,700 employees
- **Products:** Commercial Banking, Consumer Banking, HSA Bank, Ametros, interLINK
- **Notable:** Grew from $25,000 in 1935 to roughly $80 billion in assets, Completed a merger of equals with Sterling Bancorp in 2022, nearly doubling in size, Acquired Ametros to expand its healthcare financial services franchise

## Products & services

- **Commercial Banking** — Commercial and industrial lending and leasing, commercial real estate lending, asset-based lending, equipment finance, and treasury and payment solutions for businesses.
- **Consumer Banking** — Checking and savings accounts, mortgages, home equity loans, credit cards, personal loans, small business banking, and online and mobile banking across southern New England and the New York metro area.
- **HSA Bank** — One of the largest national providers of health savings accounts and related employee-benefit solutions, including FSAs and HRAs.
- **Ametros** — Professional administrator of medical insurance claim and injury settlements, managing funds for injured parties after settlement.
- **interLINK** — Deposit sweep and cash-management platform that channels brokerage and fintech cash into insured deposits.
- **Private Banking & Wealth Management** — Investment advisory, portfolio management, retirement and college planning, and private banking for high-net-worth clients.

## Achievements

- Grew from $25,000 in 1935 to roughly $80 billion in assets
- Completed a merger of equals with Sterling Bancorp in 2022, nearly doubling in size
- Acquired Ametros to expand its healthcare financial services franchise
- Celebrated its 90th anniversary in 2025
- Agreed to a $12.3 billion acquisition by Banco Santander in February 2026
- HSA Bank recognized among the best HSA providers in the U.S.
- Voted No. 1 Best Regional Bank by readers of the Hartford Courant

## Latest updates

- **2026-02** — Webster Financial agreed to be acquired by Banco Santander for approximately $12.3 billion in cash and stock ($48.75 cash plus 2.0548 Santander ADSs per share), with closing expected in the second half of 2026.
- **2025-07** — Reported Q2 2025 results with ~18% return on tangible common equity and continued loan and deposit growth.
- **2025-04** — Celebrated its 90th anniversary under the theme 'A Legacy of Purpose. A Future of Possibilities.'
- **2024-01** — Closed acquisition of Ametros, adding medical-settlement administration to its healthcare financial services line.

## Links

- Website: https://websterbank.com
- LinkedIn: https://www.linkedin.com/company/webster-bank
- Twitter/X: https://twitter.com/WebsterBank
- YouTube: https://www.youtube.com/user/websterbank
- Instagram: https://www.instagram.com/websterbank
- Facebook: https://www.facebook.com/websterbank

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Profile page: https://yespress.io/webster-bank
Published by YesPress — https://yespress.io
Last updated: 2026-08-13