Webster Bank Donates $25,000 Disaster Relief Grant to American Red Cross

Wednesday, August 12, 2020

WATERBURY, CT -- Webster Bank today announced it is donating $25,000 to the American Red Cross to support disaster recovery efforts in the wake of Tropical Storm Isaias. This donation will assist American Red Cross chapters throughout Webster’s footprint as they assist families and communities with recovery efforts. This donation will also provide necessary funds as the hurricane season continues.

“Webster has a longstanding commitment to supporting the communities we serve, especially in times of disaster; it’s part of our core values,” said Kathryn Luria, senior vice president, Philanthropy and Community Affairs. “We know our American Red Cross partners will put this funding to immediate use in the communities where we live and work.”

Webster has a history of providing disaster recovery funds to American Red Cross. The Bank presented grants for communities affected by Hurricane Florence and a Massachusetts gas line explosion in 2018 and Hurricane Dorian in 2019.

“We are incredibly thankful for the long partnership we have with Webster Bank,” said Mario Bruno, CEO, American Red Cross Connecticut and Rhode Island Region. “The Bank’s consistent support of our disaster recovery efforts, especially during the coronavirus outbreak allows the Red Cross to keep providing blood and disaster relief services to residents throughout the region.”

This donation is in addition to an earlier announcement on March 17 of this year, just as the country was seeing the first effects of the unprecedented impacts brought about by the COVID-19 pandemic, when Webster Bank announced it would donate $60,000 for the Red Cross' response to support technical infrastructure and urgent blood services.

About Webster
Webster Financial Corporation is the holding company for Webster Bank, National Association and its HSA Bank division. With $32.4 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust, and investment services through 156 banking centers and 301 ATMs. Webster also provides mobile and online banking. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a division of Webster Bank, which provides health savings account trustee and administrative services. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.

About the American Red Cross
The American Red Cross shelters, feeds and provides emotional support to victims of disasters; supplies about 40 percent of the nation's blood; teaches skills that save lives; provides international humanitarian aid; and supports military members and their families. The Red Cross is a not-for-profit organization that depends on volunteers and the generosity of the American public to perform its mission. For more information, please visit redcross.org or cruzrojaamericana.org, or visit us on Twitter at @RedCross.

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Contact:

Alice Ferreira
Media Contact
Webster Bank
203-578-2610
acferreira@websterbank.com

Terry Mangan
Invester Contact
Webster Bank
203-578-2318
tmangan@websterbank.com

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