Webster Bank Hands Out Bonuses, Boosts Philanthropy After Tax Overhaul

WATERBURY, CT -- Webster Financial Corp., one of the largest Connecticut-based banks, said Thursday it is joining the growing list of companies nationally handing out employee cash bonuses after federal legislation slashed corporate tax rates.  Some of the savings from changes in corporate tax law will be shared in the community, boosting Webster's philanthropic endeavors by $1 million beginning this year.