Center Capital Corporation Renamed Webster Capital Finance
WATERBURY, Conn., April 22 /PRNewswire-FirstCall/ -- Webster Bank, N.A., a subsidiary of Webster Financial Corporation (NYSE: WBS), announced that it has renamed its equipment finance company Center Capital Corporation to Webster Capital Finance, Inc. effective today.
The name change to Webster Capital Finance more closely integrates the company into Webster's portfolio of financial products for businesses and reinforces Webster's continued commitment to equipment finance. Since joining the Webster family in March 2001, Webster Capital Finance has grown to $822 million from $260 million in assets and has been a valuable contributor to Webster's mission of helping individuals, families, and businesses achieve their financial goals.
Since 1987 Webster Capital Finance has been providing equipment financing geared toward manufacturing, environmental, construction and transportation businesses. Webster Capital Finance will maintain its current location at 3 Farm Glen Boulevard, Farmington, Conn., and its current phone number 860-409-2900.
About Webster
Webster Financial Corporation is the holding company for Webster Bank, National Association. With $18.0 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 181 banking offices, 500 ATMs, telephone banking and the Internet. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation, Webster Capital Finance, Inc., 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: |
Investor Contact |
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Ed Steadham, 203-578-2287 |
Terry Mangan, 203-578-2318 |
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SOURCE Webster Financial Corporation
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