Webster Bank

By gjacobi
  • Bank Founded

    Bank Founded

    Harold Webster Smith founds a savings and loan, First Federal Savings of Waterbury.
  • Assets grow to more than $1 million.

    Assets grow to more than $1 million.

    First Federal%u2019s assets grow to more than $1 million.

  • First Federal converts to stock ownership and forms a holding company.

    First Federal converts to stock ownership and forms a holding company.

  • James Smith appinted CEO

    James C. Smith becomes the company%u2019s second chief executive officer, succeeding his father, Harold Webster Smith, who continues as chairman.

  • Harold Webster Smith retires.

    Harold Webster Smith retires as chairman and is succeeded by James C. Smith.

  • Webster offers investment services

    Webster Trust Company, N.A. and Investment Services are added to the bank%u2019s offerings.

  • Eagle Bank Acquisition

    Webster acquires Eagle Bank of Bristol, pushing its statewide branch total over 100.

  • Webster buys FIRSTFED

    Webster announces definitive agreement to acquire FIRSTFED AMERICA BANCORP, INC., the holding company for First Federal Savings Bank of America; the deal, which closed in May 2004, marks Webster%u2019s first retail expansion beyond Connecticut%u2019s borders and into the southeastern Massachusetts and Rhode Island markets.

  • Webster regulated by the OCC

    Webster announces that the Office of the Comptroller of the Currency (OCC) has accepted the company%u2019s application to be a chartered commercial bank.

  • HSA Bank Acquisition

    Webster acquires HSA Bank and becomes the leading bank administrator and trustee of health savings accounts in the nation.

  • Webster Acquires NewMil Bank

  • Webster becomes a member of the New York Stock Exchange under the ticker symbol, %u201CWBS%u201D.