Mortgages up at No. 2 bank in Connecticut
Webster Bank kicked off
2019 by adding $215 million to its base of residential mortgages outstanding, a 5 percent increase heading into the busy spring real estate market. After Bank of America, parent company Webster Financial is the second largest doing business in Connecticut, with
$18.6 billion in deposits in its home state as of last June according to FDIC data. Webster reported first-quarter earnings of
$99.7 million, a 25 percent increase from a year earlier.