Jeffery Wacker Joins Webster Bank’s Asset Based Lending Division

Webster Bank today announced that Jeffery Wacker has joined the bank’s Asset Based Lending division as Managing Director of Large Corporate Asset Based Lending (ABL) Originations.

In his role, Wacker will have geographic coverage responsibility for the entire United States market, focusing on the market for syndicated, large corporate ABL senior secured credit facilities.

“Jeff has a wealth of valuable experience, energy and creativity that he will bring to this position,” said David Viggiano, Senior Managing Director, National Sales Leader ABL. “We are excited that Jeff has joined our group in this important role, and I am confident he will have great success with us.”

Wacker has more than 20 years of banking and finance experience in the ABL and Leverage Finance markets, including positions with SunTrust Robinson Humphrey (now Truist) and GE Capital. Most recently he was Head of U.S. Originations for TD Bank Asset Based Lending Group.

Wacker is a graduate of Fairfield University.

About Webster

Webster Bank (“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: Commercial Banking, Consumer Banking and Healthcare Financial Services, one of the country’s largest providers of employee benefits and administration of medical insurance claim settlements solutions. Webster is a values-driven organization headquartered in Stamford, CT, with $76 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.