Webster Bank
Webster Financial Corp is a full-service provider of financial services, offering commercial and consumer banking, mortgages, and investment advisory along with trust and wealth management services in Connecticut, New York, Rhode Island, Massachusetts, and Pennsylvania. The company's segment includes Commercial Banking, HSA Bank, and Consumer Banking. It generates maximum revenue from the Commercial Banking segment.www.public.websteronline.com
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Search complete. 7 mentions across 6 episodes found for "Webster Bank".
Oct 1, 2026
Todd PurcellGUEST
And so, so that's what, that's what attracted me.
Todd PurcellGUEST
But I, I remember my first week on the job at Webster Bank, coming from larger organizations-
Alex JimenezHOST
[laughs]
Todd PurcellGUEST
... and then the head of our deposit business came by to talk to me, and, and he also had left Citi, I think, to join-
Todd PurcellGUEST
Yeah, I think about that one experience that I think challenged me, and I still have some scars from it.
Alex JimenezHOST
[laughs]
Todd PurcellGUEST
Uh, it was actually at Webster Bank.
Alex JimenezHOST
Mm-hmm.
Jessica PattonGUEST
the two things really like came together both this yeah investor this family office that's based here that became our um anchor and then those like uh relationships with marcus and bruce um we were thinking and bruce had had this like thesis for a while about building a purpose-driven fun it just felt like he was at the point of his career in terms of like wanting to do that.
Jessica PattonGUEST
Marcus had built this really amazing company that he exited a couple years ago called Amitros and he sold that to Webster Bank but had like a core operator experience as well as like finance, DNA, had a mix of a variety of things plus this more impact-driven experience at Andreessen and so we're like I think I think we can do this.
Jessica PattonGUEST
We could make a good team.
Jessica PattonGUEST
Yeah, I think we'd make a good team to go out and do this.
Jessica PattonGUEST
the two things really like came together both this yeah investor this family office that's based here that became our um anchor and then those like uh relationships with marcus and bruce um we were thinking and bruce had had this like thesis for a while about building a purpose-driven fun it just felt like he was at the point of his career in terms of like wanting to do that.
Jessica PattonGUEST
Marcus had built this really amazing company that he exited a couple years ago called Amitros and he sold that to Webster Bank but had like a core operator experience as well as like finance, DNA, had a mix of a variety of things plus this more impact-driven experience at Andreessen and so we're like I think I think we can do this.
Jessica PattonGUEST
We could make a good team.
Jessica PattonGUEST
Yeah, I think we'd make a good team to go out and do this.
AndersHOST
So unlike most ProcureTech CEOs, I actually spent 25 years in procurement.
AndersHOST
So I've been a chief procurement officer for two organizations that you may or may not know, like Fannie Mae, QBE, Webster Bank, Citizens Bank.
AndersHOST
So I've been around the block a few times.
AndersHOST
So talking about what you guys talked about today about partnerships, like I've seen both sides of that, not just as a CEO, but also as a procurement guy trying to make partnerships work, which is kind of fun, right?
Andrew BrancaHOST
some who've also killed people in remarkably vicious ways.
Andrew BrancaHOST
So here we have the reference to these IOLTA accounts that I just described to you at South Shore Bank and Webster Bank and other banks.
Andrew BrancaHOST
So count one.
Andrew BrancaHOST
Count one is a misuse of client funds.
Luke GuerreroHOST
Targets between 1 billion and 25 billion, it dropped 35% from 227 days to 148.
Luke GuerreroHOST
There was one acquisition, Santander's acquisition, which was a $12.3 billion acquisition of Webster Financial.
Luke GuerreroHOST
That closed in just 74 days.
Luke GuerreroHOST
And we're seeing almost a dozen new deals this month alone.