Military banking benefits

Webster offers exclusive discounts and services for retired and active members of the military. It’s one way we honor and say thanks to those who serve our country.

Rewards include

Free WebsterOne® Relationship Checking¹

  • No monthly fee
  • No minimum balance requirement
  • ATMs with no Webster fee and rebates of the ATM fees charged by other banks, including International ATMs

$500 mortgage closing cost credit²

Valid for first mortgage purchase transactions of 1-4 family owner-occupied homes

  • Credited at loan closing 
  • Extra funds make it home sweeter home

Additional home equity interest rate discount

Work on your home, buy a car or pay off debt — for less

  • 0.25% off home equity interest rate discount and lines of credit3
  • 0.25% discount with ACH from a Webster Checking account4

Start or expand an enterprise

Take advantage of our SBA Veterans Advantage program. You may be eligible for business loan discounts, reduced rates on lines of credit and other support to help you succeed.


This program provides free WebsterOne Relationship checking. Minimum opening deposit of $50 required. Normally there is a $16.95 (or $14.95 with direct deposit) monthly service charge if combined monthly average balance of $4,000 in checking, savings or money market accounts or $20,000 in combined deposit (checking, savings, CDs or money market) or home equity and installment loan balances is not maintained. Tax reporting may apply. Product features are subject to change at any time. 

Discounts are available to military personnel or retired veterans who own a business or are looking to start a business through the SBA Veterans Advantage program. Some applications may require further consideration and/or supplemental information. Requires a Webster business checking account which must be opened prior to loan closing and which must be used for payment auto deductions in order to receive discounted rates. Webster and SBA products may be subject to additional terms, conditions and fees.

$500 rebate will be issued upon mortgage loan closing. Offer is valid for 1-4 family owner-occupied properties only. All loans are subject to credit approval.

Offer cannot be combined with offers from Webster or its affiliates. Eligibility and the amount of discount given for ACH payments depend on a variety of factors, including loan amount and loan product type.

¹For military personnel only: In addition to not charging fees for checking withdrawals at non-Webster ATMs, Webster will rebate other banks' ATM charges, including international. Civilians may still incur these fees from other banks.

²You must make automatic payments via ACH through your WebsterOne Relationship checking account to receive rate discounts. Tax reporting may apply. Product features are subject to change at any time. All loans and lines of credit are subject to approval. Certain restrictions apply.