Company Information

Get to know Webster Bank

Founded in 1935 by Harold Webster Smith in Waterbury, Connecticut, Webster Bank has grown into a major regional bank. The bank's mission is to help individuals, families, and businesses achieve their financial goals through a combination of personal service and modern technology. In 2022, Webster Bank completed a significant merger of equals with Sterling Bancorp, which expanded its scale and capabilities, creating a premier commercial bank with a diversified portfolio. Today, it offers a comprehensive suite of banking, investment, and financing services, including personal and business banking, commercial banking, and wealth management through its HSA Bank and Webster Investments divisions.

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Webster Bank

United States

Founded in

1935 (91 Years)

Founded

Last online: No recent activity

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Markets.com

(327 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.