WBS » Topics » Small Business Activities

This excerpt taken from the WBS 10-K filed Feb 28, 2008.

Small Business Activities

Retail Banking includes the Business & Professional Banking division (“B&P”). B&P is focused on the development and delivery of a full array of credit and deposit-related products to small businesses and professional services firms with annual revenue up to $10 million. B&P markets and sells to these customers through a combination of direct sales (‘Business Bankers’) and branch-delivered efforts. B&P is a significant provider of deposits to Webster and the B&P lending effort is focused on those customers with borrowing needs from $25,000 to $2 million. Webster was recognized in 2007, for the fifth consecutive year, by the Connecticut district of the Small Business Administration (“SBA”) as the state’s leading bank SBA 504 lender and was awarded the national Excellence in Lending Award by the SBA.

This excerpt taken from the WBS 10-K filed Feb 27, 2007.
Small Business Activities
 
Retail Banking includes the Business & Professional Banking division (“B&P”). B&P is focused on the development and delivery of a full array of credit and deposit-related products targeted to small businesses and professional services firms with annual revenue up to $10 million. B&P markets and sells to these customers through a combination of direct sales (’Business Bankers’) and branch-delivered efforts. B&P is a significant provider of deposits to Webster. The B&P lending effort is focused on those customers with borrowing needs from $25,000 to $2 million. Webster was recognized in 2006, for the fourth consecutive year, by the Connecticut district of the Small Business Administration as the state’s leading bank SBA 504 lender.
 

EXCERPTS ON THIS PAGE:

10-K
Feb 28, 2008
10-K
Feb 27, 2007
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