Webster Bank Overview

Webster Bank is an American commercial bank based in Waterbury, Connecticut.
The staff at Webster Bank come from unusually diverse demographic backgrounds. The company is 61.3% female and 37.7% ethnic minorities. Despite its diversity in other areas, Webster Bank employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 65.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Webster Bank has great employee retention with staff members usually staying with the company for 4.5 years. The average employee at Webster Bank makes $44,441 per year. Pay at Webster Bank is significantly lower than some of its highest paying competitors, like Morgan Stanley, Legg Mason, and First Horizon National, which pay $105,676, $87,541, and $59,273, respectively.
Based in Connecticut, Webster Bank is a key player in the finance industry with 3,400 employees and an annual revenue of $1.2B.

The Organization’s Mission

We are committed to building partnerships with our borrowers and to provide a superior level of customer service.

Perks of Working at Webster Bank

Employees mention the great benefits, caring culture, and opportunities to grow personally and professionally this company offers.

Industry

Finance

Revenue

$1.2B

Employees

3,400

Founded in

1935

Headquarters

Waterbury, CT

Website

careers.websteronline.com

Organization Type

Public

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The Team At Webster Bank

  • John R. Ciulla (Chairman, President & CEO)
  • William L. Atwell (Lead Independent Director)
The Inside Scoop
A leading company in the banking industry, Webster Bank provides fast and easy banking with better checking and savings, smarter financing, and more ways to help their clients build their nest egg. Since 1935, this company's core values have remained unchanged. They put people first -- acting with responsibility, respect, ethical behavior, citizenship and teamwork.
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Webster Bank Company Rankings

Webster Bank is ranked #100 on the Best Companies to Work For in Connecticut list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Webster Bank Salaries

How much does Webster Bank pay?
The national average salary for a Webster Bank employee in the United States is $44,441 per year. Employees in the top 10 percent can make over $91,000 per year, while employees at the bottom 10 percent earn less than $21,000 per year.
7.8
Salary Score
Average Employee Earnings

Webster Bank Salaries By Job Title

While the average employee salary at Webster Bank is $44,441, there is a big variation in pay depending on the role. The higher paying positions at Webster Bank include Marketing Vice President, Sales Vice President, Senior Software Engineer, and Java/J2ee Developer. A typical Marketing Vice President salary at Webster Bank is $173,686 per year. Some of the other roles at Webster Bank are Cashier and Customer Care Agent. A worker with the title Cashier at Webster Bank earns an average salary of $26,020 per year.
Job Title
Title
ascdesc
Average Salarydesc
Marketing Vice President
Salary Range159k - 189k$174k$173,686
Sales Vice President
Salary Range126k - 143k$135k$134,784
Senior Software Engineer
Salary Range103k - 133k$117k$117,308
Java/J2ee Developer
Salary Range96k - 124k$110k$109,613
Java Developer
Salary Range87k - 116k$101k$101,362
Citrix Administrator
Salary Range86k - 101k$94k$93,675
Quality Assurance Engineer
Salary Range76k - 101k$88k$87,925
Business Analyst
Salary Range72k - 98k$84k$84,053
Bank Officer
Salary Range64k - 89k$76k$76,055
Consultant
Salary Range58k - 97k$75k$75,449
$43k
$189k

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Webster Bank Careers

On average, employees at Webster Bank stay with the company for 4.5 years. Employees most commonly join Webster Bank after leaving Bank of America. When they leave Webster Bank, they most frequently get their next job at Bank of America.

Average Length of Employment

4.5 years

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Webster Bank Employee Demographics

9.8
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

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Webster Bank Employees Education

Of the 3,400 employees at Webster Bank, 16.6% attended Central Connecticut State University. Employees at Webster Bank most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Webster Bank Employee Political Affiliation

Webster Bank employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Webster Bank employee was by Jonathan Bush. Jonathan Bush donated $5,000 to the Republican Party.

Employee Political Donations

NameJob TitlePartyDonation
Xaykham KhamsyvoravongVice President
Vice PresidentDemocratic Party
$5,575Democratic Party
Jonathan BushPresident
PresidentRepublican Party
$5,000Republican Party
Nancy WelchBank Teller
Bank TellerDemocratic Party
$3,355Democratic Party
Todd LewisFarmer
FarmerRepublican Party
$3,000Republican Party
Harriet WolfeLawyer
LawyerRepublican Party
$2,574Republican Party
James SmithChief Executive Officer
Chief Executive OfficerRepublican Party
$2,500Republican Party
SAM WebsterReal Estate Investor
Real Estate InvestorDemocratic Party
$2,300Democratic Party
Jeff AiroldiProject Manager
Project ManagerRepublican Party
$2,130Republican Party
David MathogInsurance Broker
Insurance BrokerDemocratic Party
$2,000Democratic Party
James GeraghtySenior Vice President
Senior Vice PresidentDemocratic Party
$2,000Democratic Party
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Webster Bank Employment Videos

Webster Bank Financial Performance

9.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1935

Organization type

Public

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Webster Bank Competitors

Competitors of Webster Bank include Morgan Stanley, Legg Mason, and First Horizon National. The average salaries at Morgan Stanley rank the highest, with their employees earning an average salary of $105,676 per year. Employees at Legg Mason earn an average of $87,541 per year, and the employees at First Horizon National earn an average salary of $59,273 per year.
Companydesc
Average Salarydesc
Morgan Stanley
Salary Range78k - 141k$106k$105,676
Legg Mason
Salary Range67k - 113k$88k$87,541
First Horizon National
Salary Range39k - 88k$59k$59,273
Wintrust Financial
Salary Range40k - 85k$59k$59,186

The First Citizens National Bank

Salary Range38k - 80k$56k$55,562
People's United Bank
Salary Range39k - 70k$53k$52,939
Flushing Bank
Salary Range37k - 73k$52k$52,485
KeyBank
Salary Range36k - 75k$52k$52,142
Farmers National Banc
Salary Range41k - 56k$48k$48,297
Midland States Bank
Salary Range29k - 75k$47k$46,870
$24k
$141k

Frequently Asked Questions about Webster Bank

When was Webster Bank founded?

Webster Bank was founded in 1935.

How many Employees does Webster Bank have?

Webster Bank has 3,400 employees.

How much money does Webster Bank make?

Webster Bank generates $1.2B in revenue.

What industry is Webster Bank in?

Webster Bank is in the finance industry.

What is Webster Bank's mission?

Webster Bank's mission statement is "We are committed to building partnerships with our borrowers and to provide a superior level of customer service."

What type of company is Webster Bank?

Webster Bank is a public company.

Who are Webster Bank's competitors?

Webster Bank competitors include KeyBank, M&T Bank, Wintrust Financial, First Horizon National, Morgan Stanley, Legg Mason, Rockland Trust, Frost Bank, Liberty Bank, People's United Financial, MidSouth Bank, Farmers National Banc, Midland States Bank, IBERIABANK, Flushing Bank, The Peoples Bank, BancFirst, Sturm Financial Group, Associated Banc, The First Citizens National Bank.

Who works at Webster Bank?

John R. Ciulla (Chairman, President & CEO)

William L. Atwell (Lead Independent Director)

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Zippia gives an in-depth look into the details of Webster Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Webster Bank. The employee data is based on information from people who have self-reported their past or current employments at Webster Bank. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Webster Bank and its employees or that of Zippia.

Webster Bank may also be known as or be related to Webster Bank and Webster Bank NA.