Webster Financial Corporation
This bank has a strong track record of lending to renewable energy projects. It has limited (<1%) exposure to fossil fuels. It can do more though - for example have a clear exclusion policy stating that is will phase out its lending to the oil, gas and coal companies and projects.
Have you opened an account with Webster Financial Corporation since visiting Bank.Green?
Key Facts
Type: Bank
Mobile Banking: Yes
Environmental Policy: No
Founded:
Serving:
Local Branches: Yes
Products
Checking Accounts: Yes
Savings Accounts: Yes
Credit Cards: Yes
Mortgages or Loans: Yes
Business Lending: Yes
ISAs: No
Fees
Overdraft Fee: Yes
Account Maintenance Fee: Yes
Free ATM Network: No
Impact
Webster Bank has limited exposure to the fossil fuel sector and it has a good track record of lending to renewable energy projects. We would like the bank to put in place a clear exclusion policy, measure its financed emissions (emissions associated with its lending) and set science-based climate targets.
Service
Webster Bank is a commercial bank based in Stamford, Connecticut. It focuses on delivering financial solutions to businesses, individuals, and families. Webster Bank has branches and ATMs located primarily in Connecticut and Massachusetts. Webster Financial Corporation, the parent company of Webster Bank, is a regional financial services company listed on the New York Stock Exchange
Curious about switching to a green bank?
See how easy it is to make the switch.
Give a free donation to Bank.Green by allowing us to help.
Learn more about the impact your switch could have.