Community investment

Webster believes strongly in empowering people and strengthening communities by expanding access to capital.

Organizations we support

Community Development Finance Institutions (CDFIs) that finance affordable housing, community facilities and small businesses.
Community Development Corporations (CDCs) that focus on revitalizing the areas in which they are located; typically, underserved neighborhoods that have experienced disinvestment.
Community Housing Development Organizations (CHDOs) and other developers of affordable housing that build or renovate 1-4 family homeownership and multi-family affordable housing.
SBICs and SBA-certified development corporations that can help grow small businesses, especially Minority- and Women-owned Business Enterprises.

Our Commercial Real Estate team provides construction and permanent financing to for profit and non-profit developers of both affordable workforce housing and supportive housing for seniors, veterans, homeless and disabled individuals.
We provide equity by investing in Federal and State Low-income Housing Tax Credits, historic and New Markets Tax Credits for mixed-use and mixed-income developments that help to economically revitalize neighborhoods.
Webster Bank is a sponsor of the Federal Home Loan Bank of Boston (FHLBB), Affordable Housing Program (AHP) which provides subsidies encourages local planning and development of affordable-housing.
We support HUD-certified affordable housing counseling agencies throughout our Southern New England and Westchester County, NY CRA footprint and offer a variety of mortgage products for low and moderate-income first-time homebuyers.
Webster Bank provides technical assistance and capital for small businesses and community facilities including charter schools, childcare centers, and health care centers. We also provide SBA guaranteed loans to small businesses through Business Banking.
We offer customized financial literacy seminars to schools and non-profit organizations whose clients may be unbanked or who need to build their credit scores. for individuals. Programs such as Bank Power and Bank@Work can help to secure their financial success.

Webster's network of Community Liaison Officers (CLOs) support communities within our expanded footprint. The CLOs work in partnership with Webster's Office of Corporate Responsibility (OCR) to provide support and financial education to low-to-moderate income (LMI) and minority borrowers.

Kadie Ortiz – Bridgeport, CT

Claudia Riley – Hartford, CT

Robert Jaekle – Waterbury, CT

Donna Thompson – White Plains, NY