Webster Bank debuts community liaison office network

Stamford-headquartered Webster Financial Corp. (NYSE:WBS) has announced the establishment of a network of Webster Bank Community Liaison Officers (CLOs) across the three states it serves.

The CLOs will work in partnership with Webster’s new Office of Corporate Responsibility to provide support and financial education for low- and moderate-income and minority borrowers. The CLOs will cover territory surrounding their base locations in three Connecticut cities ”“ Bridgeport, Hartford and Waterbury ”“ as well as White Plains and Queens, New York, and in Boston.

“With the merger of Webster and Sterling, we have not only increased our scale and capabilities, but also our commitment to supporting our communities,” said Marissa Weidner, chief corporate responsibility officer. “The contributions of the CLO team will be an important part of our $6.5 billion community investment as we deepen and amplify our corporate responsibility efforts.”