Conn. FI brands ATMs in Walgreen locations

Conn. FI brands ATMs in Walgreen locations
Tags: Bank / Credit Union, North America, Retail / Off-Premises
December 12, 2007

WATERBURY, Conn. — Webster Financial Corp. has announced that its wholly owned subsidiary, Webster Bank ($16.8 billion in assets), has entered into an agreement to place its brand on 158 ATMs in select Walgreen Co. stores in Massachusetts, Rhode Island and Connecticut.

The project is expected to be complete by the first quarter of 2008.

According to a news release, Webster won't charge its customers fees to use the new ATMs.

With the completion of the ATM program, Webster expects to have more than 500 ATMs operating in its footprint by the second quarter of 2008.