Webster Bank Celebrates Opening of Dorchester Finance Lab
$100,000 grant supports finance lab resources for Boys & Girls Clubs of Dorchester programming
Webster has invested $1.7M in finance lab programs across footprint
Marissa Weidner, Chief Corporate Responsibility Officer at Webster Bank (fourth from left) and Bob Scannell, President & CEO of Boys & Girls Clubs of Dorchester are joined by Boys & Girls Club clients and Webster Bank staff to cut the ribbon at the Webster/Dorchester Finance Lab held at the Boys & Girls Clubs headquarters in Dorchester.
STAMFORD, Conn., April 10, 2025 – 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. This program, funded by a $100,000 grant from Webster, is the second collaboration in Massachusetts. To date, Webster has invested over $1.7 million in nine Finance Labs throughout its footprint.
The Webster/Dorchester Finance Lab is part of a signature initiative designed to help Webster’s partners in low- to moderate-income (LMI) communities expand financial empowerment and improve financial literacy for youth. Through financial education tools, learning experiences, interactive workshops and engaging programs for children, teens, families, and staff, BGCD aims to provide the community with the knowledge and skills needed for financial confidence.
“We are proud to partner with Boys & Girls Clubs of Dorchester to open the second Finance Lab in Massachusetts,” said Marissa Weidner, Chief Corporate Responsibility Officer at Webster Bank. “Webster continues to invest in programs that broaden financial empowerment opportunities, while supporting our commitment to creating economic vitality in the neighborhoods where we live and work.”
Program participants also will engage in hands-on learning opportunities including internships and financial literacy workshops with volunteers from Webster Bank.
"We are incredibly grateful to Webster Bank for their generous support in funding our new Financial Literacy Lab. This investment will empower our youth with essential financial knowledge and skills to help them build a strong foundation for their future. Thanks to Webster Bank, we can continue to provide transformative opportunities that prepare our members for lifelong success," said Bob Scannell, President & CEO of Boys & Girls Clubs of Dorchester.
In October 2024, Webster celebrated the opening of a Finance Lab with partners in Taunton, Massachusetts. Other Finance Lab partners are in Hartford, Bridgeport and Waterbury, Connecticut; Providence, Rhode Island; Metro New York, Long Island and Yonkers, New York.