WATERBURY, Conn., Dec. 1 /PRNewswire-FirstCall/ -- Today's news is plastered with Congress discussing the rapidly rising fees in the banking industry. Despite many banks increasing fees, HSA Bank® announced today that it eliminated the set up fee and debit card renewal fee for its health savings accounts (HSAs).

"We eliminated the debit card renewal fee because we recognize debit cards are the most convenient way for our accountholders to make point-of-service transactions," said Dean Mason, CEO of HSA Bank. "We want to make it easy for people to have and use their debit card."

By eliminating the set up and debit card renewal fees, HSA Bank addressed the top two customer concerns as identified in its annual Consumer Benchmark Survey.

"We listen to what our customers want and need out of their HSA administrator," said Mason. "Eliminating the set up and debit card renewal fees is just the latest instance where we directly address our customer's concerns."

For more information about HSA Bank, please visit www.hsabank.com.

HSA Bank® is a division of Webster Bank, N.A., the wholly-owned subsidiary of Webster Financial Corporation (NYSE: WBS).

HSA Bank serves customers in every state in the nation and has more than 12 years of experience with health care savings accounts. HSA Bank continuously strives to offer the best HSA product in the industry. HSA Bank combines convenience, service and savings with low account maintenance fees, competitive interest rates, several investment options, 24-hour account access online or through its automated telephone system, and outstanding personal service.

For more information about HSA Bank, visit the HSA Bank website at www.hsabank.com.

Webster Financial Corporation is the holding company for Webster Bank, National Association. With $17.5 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 181 banking offices, 492 ATMs, telephone banking and the Internet. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation, Center Capital Corporation, an equipment finance company headquartered in Farmington, Conn., and provides health savings account trustee and administrative services through HSA Bank, a division of Webster Bank. Member FDIC and equal housing lender.

For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.

Media Contact:
HSA Bank:      Patrick Rose   920-803-4151
               mediarequests@hsabank.com
Webster:       Ed Steadham    203-578-2287
               esteadham@websterbank.com

SOURCE HSA Bank; Webster Financial Corporation

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RELATED LINKS
http://www.hsabank.com
http://www.websterbank.com