Webster Bank Announces New Head of Business Banking

Webster Bank today announced that Kathleen Stanley has been promoted to Executive Managing Director, Head of Business Banking.

In her new role, Stanley will oversee teams dedicated to providing core lending, deposit and treasury management services to business owners with up to $25MM in annual revenue. Stanley also will continue her current responsibilities leading efforts for the bank in not-for-profit, property and association management, legal services, government and institutional banking and the commercial servicing HUB.

ÒKathleen is an experienced leader with more than 30 years in banking,Ó said Chris Motl, President, Commercial Banking. ÒHer client-focused approach and banking expertise are key to WebsterÕs continued growth, and I have no doubt that, under KathleenÕs leadership, the Business Banking team will continue to thrive and build on their established standards of excellence and success in our markets.Ó

Prior to joining Webster Bank, Stanley led Treasury & Deposit Solutions for the East Coast at City National Bank and the Treasury Management sales team for Capital One’s Northeast Commercial Bank.

ÒI am grateful for the opportunity to expand on the great work the team has done to drive success for Webster BankÕs business banking clients,Ó said Stanley. ÒI am confident our seasoned and diverse team will continue to deliver outstanding service to our communities in which we do business.Ó

Stanley is active in the community as a member of the Long Island (NY) American Heart Association board of directors and was recently honored by the Long Island Business News as part of their Business and Finance Awards. In addition, Stanley is also an avid supporter of the Northwell Health Katz WomenÕs Hospital, St. Jude ChildrenÕs Research Hospital and the Leukemia & Lymphoma Society, Long Island Chapter. She is also the Executive Sponsor for WebsterÕs Allies for Disability and Accessibility Business Resource Group.

Stanley earned a BBA in Marketing with a minor in Banking and Finance from Hofstra University. She served as President of Hofstra UniversityÕs Alumni Association and the Zarb School of Business.

About Webster

Webster Bank (ÒWebsterÓ) is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking and its HSA Bank division, one of the countryÕs largest providers of employee benefits solutions. Headquartered in Stamford, CT, Webster is a values-driven organization with more than $70 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including our latest annual report, please visit our About page. To find our latest press releases, visit the Webster Newsroom.