Headquartered in Connecticut, Webster Bank provides a unique mix of banking products and services that cater individuals, business and corporate financial needs.
The exclusive financial service that the bank offers is the customized financial management. This product is focused at unique needs of customers and thus provides solutions to address those needs. Professionals at Webster Bank carry out in-depth research to identify the customers’ financial needs, their income level, debt burden and so on. Those professionals then plan and develop financial strategies for individuals and businesses. A suitable portfolio is formulated, which may include a variety of products to satisfy the financial need of a customer, be it an individual, a business or a corporate customer.
Let us now talk about what exactly is offered by Webster which makes it stand out among others in the same industry. The bank offers customized portfolio containing equity and fixed income securities which are designed to meet customers’ specific needs of investment. Trust and estate planning is offered by the bank to reduce the taxable amount on estates. That’s not all; it also facilitates your probate process. You can also avail wealth management products that comfort you when it is your time to retire. Retirement wealth management with Webster Bank can get you high yields on investments which are tax deferred. This enables you to have a secure and tax free income throughout your retirement life.
Having discussed the investments products under customized financial management let us now take a look at the lending products which the bank offers in the same facility. There are unsecured and secured loans at cheaper rates as compared to those offered by other banks. Terms loan facility is also available for customers at Webster. You can avail of the mortgages at reasonable rates also. Lines of credit are also extended according to the financial need of a customer. You may use these credit lines for planning and experiencing a memorable vacation with your family and loved ones. Or you could opt to make the required fixtures at your home.
Whether you need cash for a certain purchase or you need to bridge existing loans, this bank offers you low rate loans to meet your expense needs. Loans are also offered against restricted securities which other banks may not be doing. Another attractive lending product is the stock option lending for customers. Businesses are sold deposit products for smooth execution of business transactions. Small business loans are also available for businesses to finance their business projects.
With planned financial management at Webster a bundle of attractive investment opportunities can be availed of and a number of facilities can be availed in turn.
Investment facilities at the bank include the following features:
• Brokerage services provided by the bank
• Option of online trading
• Opportunity to make free dividend re-investment
• Facility of interest payout on the cash in your brokerage account
• Low cost retirement investment plan
• Tax free earning for retirement
So much for the Customized Financial Management.; explore the other banking services and products offered at Webster. Regular banking facilities include the savings and checking accounts that give out interest on your savings with little or no minimum balance requirement. Certificates of deposit are also available for different profit rates at different tenures of deposit with the bank. Online banking facility of the bank is also an advanced banking feature. You can access your checking account, certificate of deposit account, your investment in the money market, your loans and your credit card status by accessing your online account on the Internet. Do not worry about the security concerns related to Internet banking as the bank ensures that you and the bank are covered against email spam, identity theft and fraudulent transactions; to safeguard your information as well as maintain its image.
