Not-for-Profits

Your organization has a different mission than a for-profit business. As such, you require your own set of products and services. Our industry specialists have first-hand experience in your vertical and can help.

Tailored money management

  • Convenient remote depositing with Webster Deposit-Link®
  • Webster Payment-Link® to help capture online donations
  • Business checking options
  • Simplified bookkeeping1
  • Payroll Services1
  • Merchant card services2 with next-day funding

Strategies and management³

Through Webster Private Bank, we can offer comprehensive advice and solutions to help you build your practice's portfolio and manage potential risks.

Wide range of insurance options

Body (Limited)

Help prepare for the unexpected with insurance solutions and employee benefits⁴ that protect your company’s assets and its future.

  • Health Savings Accounts
  • Property and casualty insurance
  • Employee benefits (including medical, dental, life, and disability)
  • Workers’ compensation

 

    Focused and flexible financing

    Body (Limited)

    Every dollar counts for a not-for-profit entity. Use our suite of Business credit cards⁵ to keep business and personal expenses separate; gain access to free spending reports; and manage your cash flow.

    Some of the cost-effective financing solutions we can provide include:

    • Capital and fund expansion and growth strategies to help where there are gaps in cash flow
    • Highly competitive rates on lines of credit and term loans
    • Assistance with new building/new location purchases
    • Schedule support for necessary maintenance projects

    Helping families with growing medical costs

    Andruzzi Foundation

    After meeting a young boy with brain cancer, Joe and Jan Andruzzi were moved to help families dealing with overwhelming medical costs. Not long after this meeting, the former New England Patriot and three-time Super Bowl winner would find himself fighting the same disease. Joe and Jan realized the foundation they wanted to build was more urgent than ever.

    Disclosures

    ¹Payroll Services are offered through a joint marketing agreement with Complete Payroll Solutions, LLC.

    ²Webster Bank Merchant Services are offered through a joint marketing agreement between Webster Bank, N.A. and First Data Corporation. Next-business-day funds availability on payments processed through Webster Bank Merchant Services to a Webster business checking account. See a Webster representative for full details.

    ³Investment, trust, credit and banking services are offered by Webster Private Bank, a division of Webster Bank, N.A. Investment products offered by Webster Private Bank are not FDIC or government insured; are not guaranteed by Webster Bank; may involve investment risks, including loss of principal amount invested; and are not deposits or other obligations of Webster Bank. Webster Private Bank is not in the business of providing tax or legal advice. Consult with your independent attorney, tax consultant or other professional advisor for final recommendations and before changing or implementing any financial, tax or estate planning advice.

    ⁴Insurance and risk management services offered through a marketing relationship with USI Insurance Services of Connecticut, Inc., a subsidiary of USI Holdings Corporation. USI is a portfolio company of Goldman Sachs Capital Partners, a private equity affiliate of Goldman Sachs & Co.

    ⁵All credit products, pricing and overdraft protection are subject to the normal credit approval process. Some applications may require further consideration and/or supplemental information. Certain terms and conditions may apply. SBA guaranteed products may also be subject to additional terms, conditions and fees. All loans/lines of credit require a Webster business checking account which must be opened prior to loan closing and which must be used for auto-deduct of payment.