Webster Financial Corporation announced a reduction in its prime lending rate to 7.25 percent. This change is effective as of September 18, 2025. The previous prime lending rate was 7.50 percent.
This adjustment reflects Webster Bank's response to prevailing market conditions and its strategy for commercial and consumer lending. The prime rate serves as a benchmark for various loan products offered by the bank.
Webster Bank, with approximately $82 billion in total assets, provides a wide range of financial solutions across Commercial Banking, Consumer Banking, and Healthcare Financial Services. Changes to the prime lending rate influence the bank's interest income and the cost of credit for its clients.
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