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Webster Closes Ametros Acquisition

Webster Closes Ametros Acquisition

01/24/24, 9:17 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgstamford
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgwilmington
Industry
lending
fintech
finance
financial services
banking
insurance
Webster Financial Corporation (NYSE: WBS) has completed the acquisition of Ametros Financial Corp, the nation’s largest professional administrator of medical insurance claim settlements. Ametros will continue to operate under its existing brands, CareGuard and Ametros, and serve its members via existing practices.

Company Info

Company
Webster Bank
Location
Stamford, Connecticut, United States
Company info
Webster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank, N.A. and its HSA Bank division. Webster is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business including: Commercial Banking, Consumer Banking and its HSA Bank division. It is a values-driven organization with more than $70 billion in assets and its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies.

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