December 17, 2021

Federal Reserve announces approval of application by Webster Financial Corporation

For release at 4:00 p.m. EST

The Federal Reserve Board on Friday announced its unanimous approval of the application by Webster Financial Corporation, Waterbury, Connecticut, to acquire Sterling Bancorp, and indirectly acquire Sterling National Bank, both of Pearl River, New York.

Attached is the Board's order relating to this action.

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Last Update: December 17, 2021