Webster Bank has announced that its Board of Directors approved both the appointment of Jason E. Schugel, as Chief Risk Officer (CRO) and Executive Vice President, and the appointment of Frederick (Fred) J. Crawford, as an independent member of the Board of Directors of the Company and the Bank.

In recognition of Financial Literacy Month, Webster Bank, together with Boys & Girls Clubs of Dorchester, Massachusetts, (BGCD) celebrated the opening of the Webster Bank Finance Lab, a program created to provide local students the skills needed for financial empowerment and future financial well-being.