Webster Bank Closing Branches
Webster Bank plans to close 27 of its branches in the spring. The Waterbury Republican-American reports that the bank has been eliminating branches in recent years. The company has not yet said which locations will close. The Waterbury-based bank says its customers are increasingly using online banking. Webster indicated that the branches that are shutting down will have their services folded into other nearby locations. Webster operates in Connecticut, Massachusetts, Rhode Island, and New York.