Webster Financial Corp., which last March launched a private banking division for high-net-worth individuals, held a formal ribbon-cutting ceremony Jan. 23 to mark the opening of its Greenwich Webster Private Bank office.
The Greenwich private banking office will operate out of the same location as the Greenwich Webster Bank branch at 85 Mason St.
Webster Private Bank is aimed at individuals, businesses and nonprofit organizations with $1 million or more in liquid assets.
Webster Financial Corp., based in Waterbury, is the parent company of both Webster Bank and Webster Private Bank. The private banking division consists of seven regional teams spread throughout Webster’s four-state network.