WBS » Topics » Health Savings Accounts

These excerpts taken from the WBS 10-K filed Mar 2, 2009.

Health Savings Accounts

HSA Bank, a division of Webster Bank, is a national leader in providing health savings accounts. HSA Bank focuses entirely on marketing and servicing health savings accounts (“HSAs”). HSA Bank serves customers in every state, combining specialized knowledge, convenience and service with competitive account maintenance

 

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fees, 24-hour access online (www.hsabank.com) and telephone service. As of December 31, 2008, HSA Bank had approximately 224,000 accounts compared to approximately 187,000 accounts at December 31, 2007. HSA deposit balances totaled $530.7 million at December 31, 2008, an increase of 31.4%, compared to $403.9 million at December 31, 2007.

Health Savings Accounts

HSA Bank, a division of Webster Bank, is a national leader in providing health savings accounts. HSA Bank focuses entirely on marketing and servicing
health savings accounts (“HSAs”). HSA Bank serves customers in every state, combining specialized knowledge, convenience and service with competitive account maintenance

 


4







Table of Contents



fees, 24-hour access online (www.hsabank.com) and telephone service. As of December 31, 2008, HSA Bank had approximately 224,000 accounts
compared to approximately 187,000 accounts at December 31, 2007. HSA deposit balances totaled $530.7 million at December 31, 2008, an increase of 31.4%, compared to $403.9 million at December 31, 2007.

STYLE="margin-top:18px;margin-bottom:0px">Government Finance

Webster’s Government Finance division
provides a full range of banking, cash management, investment, and credit-related services to public entities across Webster’s four-state footprint. The group offers customized products that are delivered locally through single points of
contact through offices located in Connecticut and Massachusetts. By acquiring and developing relationships that consider Webster to be their “primary bank”, Government Finance has become a reliable source of funding for the Bank. This
business effort has been enhanced by the significant investment the Bank has made in recent years in both the depth and breadth of cash management services and overall infrastructure. Government Finance division’s deposits were $828.7 million
at December 31, 2008, a decrease of 14.2%, compared to $965.7 million December 31, 2007.

These excerpts taken from the WBS 10-K filed Feb 28, 2008.

Health Savings Accounts

HSA Bank, a division of Webster Bank, is a national leader in providing health savings accounts. HSA Bank focuses entirely on marketing and servicing health savings accounts (“HSAs”). HSA Bank serves customers in

 

5


Table of Contents

every state, combining specialized knowledge, convenience and service with competitive account maintenance fees, 24-hour access online (www.hsabank.com) and telephone service. As of December 31, 2007, HSA Bank had approximately 187,000 accounts compared to approximately 155,000 accounts at December 31, 2006. HSA deposit balances totaled $403.9 million at December 31, 2007, an increase of 40.9%, compared to $286.6 million at December 31, 2006.

Health Savings Accounts

HSA
Bank, a division of Webster Bank, is a national leader in providing health savings accounts. HSA Bank focuses entirely on marketing and servicing health savings accounts (“HSAs”). HSA Bank serves customers in

 


5







Table of Contents



every state, combining specialized knowledge, convenience and service with competitive account maintenance fees, 24-hour access online
(www.hsabank.com) and telephone service. As of December 31, 2007, HSA Bank had approximately 187,000 accounts compared to approximately 155,000 accounts at December 31, 2006. HSA deposit balances totaled $403.9 million at
December 31, 2007, an increase of 40.9%, compared to $286.6 million at December 31, 2006.

This excerpt taken from the WBS 10-K filed Feb 27, 2007.
Health Savings Accounts
 
HSA Bank, a division of Webster Bank, is a national leader in providing health savings accounts. HSA Bank focuses entirely on marketing and servicing health savings accounts (“HSA’s”). HSA Bank serves customers in every state, combining specialized knowledge, convenience and service with competitive account maintenance fees, 24-hour access online and telephone service. HSA deposit balances increased 36.8% to a total of $286.6 million at December 31, 2006 compared to $209.6 million at December 31, 2005.
 
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