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Set inside Historic 100 Franklin Street--The Old Boston Stock Exchange--Webster Bank Redefines "Community Bank"
"We want to be your community bank." Connecticut-based Webster Bank was founded over 75 years ago during the Depression by CEO James C. Smith's father, affectionately likened to George Bailey, the selfless banker of Frank Capra's It's A Wonderful Life.
Today, Mr. Smith's values are at the core of Webster Bank's reputation as a community bank. "'Foreclosure' is a dirty word here," says Greg Doolittle, VP and Brank Manager of the Franklin Street location. "Not one of our customers has been forced into foreclosure. We do everything we can to restructure loans so that customers can keep their homes." "We set ourselves apart from the competition by offering checking accounts with free benefits like free ATMs, and even rebates of other banks' ATM fees."