Webster Financial's HSA Bank Acquires SecureSave; No Financial Terms Disclosed

HSA Bank is One of the Largest Providers of Emergency Savings Accounts

HSA Bank, a division of Webster Bank N.A. ("Webster Bank"), and Webster Financial Corporation (NYSE:WBS), the holding company for Webster Bank, today announced that it has acquired Secure Inc. (d/b/a SecureSave), a leading provider of employer-sponsored emergency savings accounts (ESAs).

HSA Bank, one of the nation's leaders in healthcare savings and spending accounts, becomes one of the largest providers of emergency savings accounts in the country. SecureSave will continue to operate with its current platform and serve its clients who will benefit from HSA Bank's suite of products.