Empowering Our Communities: How Webster Bank Is Supporting Financial Literacy

Opportunities to Provide Financial Education to Help Build Future Financial Well-being.
May 9, 2024 9:00 AM ET
Collage of people shaking hands, Adults helping kids working on laptops, and a group posed with a large check. "Empowering communities..."

Originally published by Connecticut Bankers Association

By Marissa Weidner, Chief Corporate Responsibility Officer, Webster Bank

Webster Bank has long supported the communities we serve by providing loans, investments, technical assistance, and financial services to individuals and small businesses in low- to moderate-income (LMI) areas. We believe it’s important to listen to the needs of our communities, so in developing Webster’s multi-year Community Investment Strategy, my team and I spoke with more than 100 community groups to better understand their challenges. Across the bank’s footprint, we heard about the need to build financial literacy skills.

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This article originally appeared in the First Quarter 2024 issue of CBA Quarterly, which is the official magazine the Connecticut Bankers Association.