Webster Bank

Bank Founded

Jul 25, 1935

Harold Webster Smith founds a savings and loan, First Federal Savings of Waterbury.

Assets grow to more than $1 million.

Jul 25, 1938

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

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

Jul 25, 1986

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

James Smith appinted CEO

Jul 25, 1987

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.

Jul 25, 1995

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

Webster offers investment services

Jul 25, 1997

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

Eagle Bank Acquisition

Feb 25, 1998

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

Webster buys FIRSTFED

Jul 25, 2003

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

Jul 25, 2004

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

Jul 25, 2005

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

Webster Acquires NewMil Bank

Jul 25, 2006

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

Jul 25, 2008