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Webster announces $100,000 commitment to fight racial inequality

By Webster Bank

(WATERBURY, CT) June 15, 2020 | 1 min read —

Webster Bank announced today a donation of $100,000 to address social injustice and racial equity efforts.

Webster will make a $75,000 donation to the Equal Justice Initiative, a national human rights organization that advocates for criminal justice reform and racial justice. In addition, Webster will donate $25,000 to RE-Center Race & Equity in Education, based in Hartford, Connecticut. Webster will collaborate with RE-Center to develop and provide education, training and community conversations on racial injustices and anti-racism programs for our bankers and the communities we serve.

“Racism, discrimination and intolerance, in any form, are unacceptable. Webster is dedicated to respecting the dignity of every individual, and we stand in support of those impacted by racial injustice,” said John R. Ciulla, Chairman, President and CEO of Webster. “Supporting organizations that work to promote change is important for our bankers, our customers and our communities.”

For nearly 85 years, Webster has been committed to strengthening the communities it serves through philanthropic giving, including Community Reinvestment Act (CRA) opportunities. In addition, over $3 million in funding is awarded annually to support organizations that serve vulnerable individuals and families.

Santander Holdings USA, Inc. ( “Santander US” ) is a wholly -owned subsidiary of Madrid -based Banco Santander, S.A. (NYSE: SAN) (“Santander ”), recognized as one of the world’s most admired companies by Fortune Magazine in 2026, with more than 182 million customers in the United States, Europe and Latin America. Santander US is the intermediate holding company for Santander’s five growing businesses in the United States. Santander’s U.S. presence consists of auto lending, retail and digital banking, commercial banking, corporate and investment banking, and wealth management businesses. In August 2026, Santander closed on its acquisition of Webster Financial Corporation and, indirectly, Webster Bank, N.A, creating a leading retail and commercial bank in the United States by assets with an expanded presence in the Northeast. In the U.S. market, Santander also is recognized as top-10 auto lender and a top -10 multifamily bank lender and servicer, and operates one of the fastest growing digital banks, Openbank by Santander, as a division of Santander Bank, N.A. For more information about Santander US, please visit www.santanderus.com.

Contact Information

Media Contact:

Alice Ferreira

[email protected]

203-578-2610

Investor Contact:

Emlen Harmon

[email protected]

212-309-7646

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