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citizenship, sustainability and responsibility

Corporate Responsibility

Webster is committed to strengthening our vibrant communities, driving economic vitality and supporting the well-being of our cities and towns. This work is led by our Office of Corporate Responsibility.

View OCR News

Webster Bank colleagues at Eagle Academy

citizenship, sustainability and responsibility

Corporate Responsibility

The Office of Corporate Responsibility (OCR) was established after the 2022 merger with Sterling National Bank. OCR builds on our long-standing records of citizenship, sustainability and responsibility.

What we do

Reflecting our shared values of integrity, collaboration, accountability, agility, respect and excellence, the OCR manages all community-facing activities across the company, including Supplier Diversity; CRA and Fair and Responsible Banking; Community Investment, Engagement and Philanthropy; Government Relations and Public Affairs; and Environmental, Social and Governance (ESG) efforts.

Led by Chief Corporate Responsibility Officer Marissa Weidner, OCR partners with Human Resources to drive our Diversity, Equity, Inclusion and Belonging (DEIB) efforts. OCR also provides oversight of Community Engagement and Philanthropy programs related to Webster’s Business Resource Groups.

Our commitment

Community Service
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We are committed to making an impact in the communities in which we live and work. We are proud that our Webster colleagues share their time, talents and leadership with neighboring nonprofits.
Philanthropy
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We believe it is important to create opportunity and build economic vitality in the communities where we live and work. We do this by making grants within specific funding pillars to help low/moderate-income individuals and families.
Community Investment
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Our CRA lending and investments champion affordable housing; neighborhood revitalization; economic development; and accessible financial services for those in need.
Diversity, Equity, Inclusion and Belonging
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We believe that diversity, equity, inclusion and belonging (DEIB) is critical to our growth and success as a leading regional bank.
Environmental, Social and Governance
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Dedicated to sustainability, equity and transparency, Webster supports the communities we serve in meaningful ways.
Supplier Diversity
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Webster is committed to ensuring our supplier relationships support our focus on corporate responsibility. We are developing new supplier selection standards to promote diversity, equity and inclusion.

“Outstanding” CRA rating

Community Reinvestment Act Performance Evaluation

Value-added services for valuable customers.

Our most recent Community Reinvestment Act Performance Evaluation resulted in an “Outstanding” rating, the highest possible, as awarded by our primary regulator, the U.S. Office of the Comptroller of the Currency.

Our Community Reinvestment Act (CRA) public file and HMDA notice are your resources for more information on the communities we serve.

Corporate Responsibility News

Office of Corporate ResponsibilityArticles
Webster Expands Finance Lab Initiative with 3 Nonprofit Partners
Webster Bank is expanding its Finance Lab collaborations with three new partners to provide financial empowerment programs to hundreds of students in low- to moderate-income (LMI) areas. Webster is providing grants of $100,000 each to the Boys & Girls Clubs of Providence, R.I. and Boys & Girls Clubs of Dorchester, Mass., and SCO Family of […]
Office of Corporate ResponsibilityArticles
Supplier Spotlight: New England Promotional Marketing (NEPM)
Since establishing Webster’s Supplier Diversity Program in 2022, we have onboarded new vendors in all areas of our business to create a diverse supply chain. We’re committed to ensuring diverse businesses have the resources needed to succeed. To shed light on the value of participating in a Supplier Diversity Program, Webster spoke with Penny Hebert […]
Office of Corporate ResponsibilityArticles
Webster Bank Deepens Support for Waterbury with $100,000 in Grant Funding
Webster announced today it will commit $100,000 to support seven non-profits in its founding city of Waterbury. The funds, focused on providing an opportunity to immediately expand the nonprofits’ outreach, will benefit Brass City Harvest, Bridge to Success, North End Cooperative Market, The Waterbury Opportunity Industrialization Center, The RIBA Aspira Career Academy, Ungroup Society and […]
Office of Corporate ResponsibilityArticles
Webster Bank Celebrates Opening of Waterbury-based Finance Lab
Webster Bank, together with the Hispanic Coalition of Greater Waterbury, today celebrated the opening of the Webster Bank/Hispanic Coalition Finance Lab, a program created to provide students the skills needed for financial empowerment and future financial well-being. The program is funded by a $100,000 grant from Webster and is Webster’s fifth Finance Lab location. By […]
Office of Corporate ResponsibilityArticles
Webster Bank Celebrates Opening of YWCA Hartford Region Finance Lab
In recognition of Financial Literacy Month, Webster Bank and YWCA Hartford Region recently celebrated the opening of the Webster/YWCA Hartford Region Finance Lab in Hartford, Connecticut. The program was created to provide women and girls in YW programs such as YW Career Women and the Young Women’s Leadership Corps (YWLC) with the financial skills and […]
Office of Corporate ResponsibilityArticles
Webster Committed to Ensuring Fair and Equitable Environment, Competitive Opportunities for Diverse Suppliers
A growing number of companies recognize that a more inclusive approach to procurement can increase economic opportunities in the communities they serve. An effective supplier diversity program lowers barriers and enables access, allowing diverse businesses to compete for contracts in an equitable environment. Webster’s Supplier Diversity Program integrates diversity and inclusion into the procurement process […]
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