Bank / Credit Union

Webster to acquire Bend Financial

February 22, 2022

Webster Financial Corp., the holding company for Webster Bank and HSA Bank, has officially acquired Bend Financial Inc., a cloud-based platform solution provider for health savings accounts. With this acquisition, Bend will continue to serve its clients, while its services will gradually be expanded to HAS Bank customers, according to a press release.

"Bend complements HSA Bank's ability to drive even better outcomes and value for the millions of consumers we serve. This accelerates efforts underway to deliver enhanced user experiences," Chad Wilkins, president of HSA Bank, said in the release.