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Business Profile

Bank

Webster Financial Corporation

This business is NOT BBB Accredited.

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Complaints

This profile includes complaints for Webster Financial Corporation's headquarters and its corporate-owned locations. To view all corporate locations, see

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Webster Financial Corporation has 10 locations, listed below.

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    Customer Complaints Summary

    • 108 total complaints in the last 3 years.
    • 34 complaints closed in the last 12 months.

    If you've experienced an issue

    Submit a Complaint

    The complaint text that is displayed might not represent all complaints filed with BBB. Some consumers may elect to not publish the details of their complaints, some complaints may not meet BBB's standards for publication, or BBB may display a portion of complaints when a high volume is received for a particular business.

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    Complaint status

    Complaint type

    • Initial Complaint

      Date:01/31/2023

      Type:Billing Issues
      Status:
      AnsweredMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      I am writing to request a refund of the money I deposited in the account *** **** ****** ******** Debit Card. I am requesting the accrued money to be reinstated into the debit card so I can use it for dental bills.

      Business Response

      Date: 02/14/2023

      February 14, 2023

      RE:
      Letter to the Better Business Bureau, Case #********, Ms. ****** *****

      To
      Whom It May Concern:

      At Webster and *** **** we strive for excellence
      in everything that we do and take pride in our customer service. A written response with full explanation dated February 14, 2023, addressing Ms. *****' concerns has been sent via US Postal mail to her address on file.

      Sincerely,

      Judy B***** *** ****** **********

      Office of the President, Webster Bank, N.A.

    • Initial Complaint

      Date:01/17/2023

      Type:Customer Service Issues
      Status:
      AnsweredMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      I attempted to open an account with Webster in December 2021, and was told I successfully opened an account. I applied to another national bank and opened an account with them the same day. It is now January 16th and Webster has been saying their fraud department is going to cancel my account and they still haven’t. I feel they are being fraudulent and no one can give me answers as to why the account is frozen and do to be closed. Everyone I have spoken with has said “discrepancies” and when I’ve asked for an explanation they’ve told me to call someone else. Their customer service is atrocious and I want the account closed

      Business Response

      Date: 01/25/2023

      A written response dated January 25, 2023 has been mailed to Ms. ****** regarding this matter. 

      Customer Answer

      Date: 01/25/2023



      Complaint: ********



      I am rejecting this response because:the response does not resolve my issue and there is no sense of urgency to close the account and solve this matter and every representative I’ve spoken with has been dodgy and unhelpful. I would like this account closed closed expeditiously since Webster doesn’t want or need my business. 

      Warmest regards,



      ****** ******

    • Initial Complaint

      Date:01/11/2023

      Type:Service or Repair Issues
      Status:
      ResolvedMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      I opened a joint account with ********** (powered by Webster Bank) and attempted to transfer funds to it from our savings accounts at ****** (******* *****) on 12/1/22. ****/Webster closed our account without warning. My fiancé's funds were returned to her ****** account (on 12/7/22) and mine have yet to be returned as of 1/10/23. ****** continually gives me the same answer- because a) there is no longer an account at **** *) the accounts were not linked and c) the transfer was initiated via ****'s platform, they cannot help me. Every time I talk to representatives and supervisors at **********, I receive a completely different and contradictory explanation and next steps to take. I have followed each one of these steps and it has gone nowhere. In the same conversation with a supervisor at ********** (Robert), I was told a) ********** received the funds, were in possession of them and then days later closed the account b) **** was never in possession of the funds because the account was already closed, so the funds should automatically go back to ****** and c) he had "no idea" where the funds were. He also informed me my account was closed due to fraud, inactivity and also he was not at liberty to say why my account was closed, all in the same conversation.

      Currently, **********/Webster Bank will not send my funds back until ****** informs them that our account is open and active. However, ********** is only willing to communicate with ****** via fax, and ****** does not communicate using fax. In fact, they don't even have a fax number. **** has informed me that they have successfully faxed communication to somewhere, it is unclear where, and all we can do is wait for "******" to respond to this fax. I did have a three-way phone call between myself, a supervisor at ****/Webster, and a supervisor at ******. In this phone call, the ****** supervisor did confirm that this account was open and active. Despite this, the supervisor from **** was unwilling to accept this

      Business Response

      Date: 01/13/2023

      January 13, 2023


      RE:
      Letter to the Better Business Bureau, Case #********, Mr. ***** **********

      To
      Whom It May Concern:

      At Webster Bank we strive for excellence in everything that
      we do and take pride in our customer service. A written response dated January 13, 2023, addressing Mr. **********’s concerns was sent via US Postal mail to his
      address on file.

      Sincerely,

      Judy B****

      VP, Manager, Client Relations

      Office of the President, Webster Bank, N.A.

      Customer Answer

      Date: 01/19/2023



      Better Business Bureau:



      I have reviewed the response made by the business in reference to complaint ID ********, and find that this resolution is satisfactory to me. However, I hope that a full investigation into this matter has happened or is in the process of happening, to determine how this occurred and ensure it doesn't happen again. 



      Sincerely,



      ***** **********
    • Initial Complaint

      Date:12/01/2022

      Type:Product Issues
      Status:
      AnsweredMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      I filed a dispute in early June 2022 for fraudulent charges on my **** business debit card. Dispute # **********. Total amount disputed was for $3,165.09. Late July I received a letter stating an investigation was done and $1,237.00 was granted in my favor and that I should be receiving the funds in my account within 8-10 business days. Several days, weeks and months went by, with infinite amount of calls and escalations done by my branch, customer service, and **** dispute services in where no one was able to take responsibility or provide me with answers as to why the credit had not been provided yet when I have a letter from Webster Bank stating I won the case and funds should've been deposited. The departments will bounce me from one department to another, often calls will be disconnected after having waited for hours for a representative, only to have to start again, explaining my case to a new representative who will again transfer me to another department.
      I was able to conclude from **** dispute department that **** dispute services approved the refund but the back office is suppose to issue the refund. There's a missing credit since July that has not posted in my account yet. I think since the original card was closed due to fraudulent activity, perhaps the refund was not able to hit my account. However, I don't understand why Webster never issued me a check?
      As of today I haven't been able to reach the "back office" and I'm still waiting for this money to be issued to me.

      Business Response

      Date: 12/06/2022

      At Webster Bank we strive for excellence in everything that
      we do and take pride in our customer service. A written response dated December
      6, 2022, addressing Ms. ********’ concerns has been sent via US Postal mail to
      her address on file.
    • Initial Complaint

      Date:11/15/2022

      Type:Billing Issues
      Status:
      AnsweredMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      On the 5th of November I made an automated payment through Webster during the time my payment came I had over a $1000.00 in my account and the payment was only $135.00 the payment was posted on the 7th of November right after midnight.. after checking my balance and noticed the payment had came out then I made a payment with ****** which an error occurred with they website they ended up charging me a wrong amount ×2... then I made the correct payment with ****** over the phone unaware that payments came out of my accounts twice in the website
      because there was an error in the website so my account became overdrawn because of ezpass... with the law that gave customers options to op out meaning if you don't have the money on your account during the time of your debit card purchase you have the options to tell the bank to pay or not to pay... "i hasd opted out " Webster bank decided to let the payment go through then go back to my capital one payment for a $135.00 and charge me an overdrawn fee even tho that payment didn't overdrawn my acct.. I feel like this is dishonest and I would like for them to be investigated... and regarding the error with ****** website.. Webster bank kept the money pending in the acct while ****** claimed they don't have any record of them putting any hold in my account right now I'm out of $947.00 and I'm not sure how am I going to get my money back...please help

      Business Response

      Date: 11/28/2022

      At Webster Bank we strive for excellence in everything that
      we do and take pride in our customer service. A written response dated November 28, 2022, addressing Ms. ******* concerns has been sent via US Postal mail to her address on file.
    • Initial Complaint

      Date:10/26/2022

      Type:Customer Service Issues
      Status:
      ResolvedMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      1- Open a High-Yield Savings account with ******** owned by Webster Bank
      2- After a month,
      interest rates started to go up in other banks but not in this bank
      3- Decided to withdraw my funds from
      Webster on 10/20
      4- Setup up external transfer with my regular bank **** ** ******* (Checking
      Account)
      5- Been waiting for two weeks for my transfer to happen but Webster Bank held my funds
      hostage and asked for a) Latest bank statement of **** ** ******* and b) Copy of my ******* Driver's
      License. I sent the documentation via their encrypted server (as requested) and called them a few times
      validating they received the documents.
      6- They stated it would take up to 3 days to review/clear/reject
      the documentation
      7- Today, on 10/26, received an email that they "Stopped" my transfer without any
      explanation
      8- And they also, eliminated my access to my account, the bank log in does not work 9- The
      transfer is for only $5,000 USD, not a large amount and they are holding my funds hostage, please need
      your help!

      Business Response

      Date: 10/28/2022

      Mr. ******** has been contacted directly and a written response dated October 28, 2022 has been mailed to his address on file addressing his concerns. 

      Customer Answer

      Date: 11/04/2022



      Better Business Bureau:



      I have reviewed the response made by the business in reference to complaint ID ********, and find that this resolution is satisfactory to me.




      Sincerely,



      ******* ********

       

      Additional feedback on the case:

      11/4/2022
      In response to complaint # ************** with the cfpb
      and response to WebsterBank (********):
      I like to thank the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency and the Better Business Bureau.Without these entities, I believe WebsterBank would have not responded to my complaint and would probably would still be holding my money hostage, denying access to my online account and with an unknown time for them to have resolution to my issue.I strongly encourage customers that are facing similar issues to seek help from unethical banks like WebsterBank (********) and seek help from any entity that is willing to assist.
      In regards to the letter from WebsterBank, from Dianne H*****, thank you for your letter and helping me get the issue resolved (access to my online account and ability to transfer my funds to my external bank).However, having said that, the facts as you show them are not exactly correct, but rather paint a “positive” picture where there was none:
      The original transfer “suspended” was stopped for no reason, no communication either written or by phone was given.They just decided not to do the transfer and cancel it while eliminating my access to my online account.This after I had sent the documentation they requested (**** ** ******* last statement and copy of my driver’s license)
      Your customer service must be one of the worst in the industry, when you call you have a 50/50 chance your phone call will be dropped, if not you will be waiting between 45-1+ hour to get someone on the phone and lastly depending on the mood of the agent, they can be nasty (one agent basically told me that I was denied access to my account because my ID verification was not in order, or something like that), most were friendly but unable to help because supposedly my account was held hostage by another department that they had no control of, or could not influence and could not give me a time for resolution…basically I was at the mercy of whenever they decided to respond.
      On October 27, 2022 Kory G****** contacted me i) the issue was already resolved because I had called earlier (actually called 1-2 times a day) and that agent helped me get the access to my account that was now granted…so Kory really did not do much just inform me about what I already knew.Also, at no point did he asked/or mentioned about the restitution of the original transfer and I did not bring it up with fear that you would keep my money hostage again for daring to ask.
      The reason I respond now, is that was able to successfully transfer all of my money out ofyour bank from hell WebsterBank (********) to my regular bank.I was in fear and did not want to jeopardize the transfers if I responded before with the above.
      Now that I am free from your evil bank WebsterBank (********) …. Please close my account, I do not want to know anything about this abusive, lack of customer service, deceptive and malicious bank in my life.

      Thanks,
      ******* ********  

    • Initial Complaint

      Date:10/25/2022

      Type:Billing Issues
      Status:
      ResolvedMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      On 7/25/22, a fraudulent charge appeared on my card; living in ** at the time, the originating charge was for a ******. The ****** account was opened in ********** with an email address never associated with me, for a car in ** (a state I've never lived in), for a 16 year old driver (both my children are under 10). I disputed the charge and it was temporarily refunded pending investigation.

      on 8/2/22, a letter was sent out with "proof" from ****** saying the charges were valid, asking me to sign affirming that the charges were definitely not mine and I didn't loan my card out to anyone; the affirmation packet had a 9/5/22 due date. However, despite having called when I first moved to ** 3 months ago with my wife to update our address on both accounts, the packet was sent to my old address and didn't get to my forwarded address until 9/8 (past the due date). Regardless, I filled it out and immediately called explaining the situation. My address was (again) updated to my new address in **, and the dispute re-opened. I called back a week or two later requesting an update, and was told that the dispute was never re-opened and that I had requested specifically that it not be re-opened. I said this was false, and had the claim re-opened. Again they verified my address as well as verified that they received my singed paperwork (affirmation) and advised if I didn't hear back by 10/18 to call. I called back to find out that the dispute was again declined due to missing information. I said that I was promised that Webster HAD my affirmation paperwork and again demanded it be re-opened. Now, nobody can tell me the status of the claim, and a denial letter just arrived today for the second re-opening, and it was addressed to my old address.

      I am out $95.49 for the *** *** as well as a $12 overdraft fee for when the charge was re-instated on my card.

      Business Response

      Date: 10/27/2022

      A written response dated October 27, 2022 has been mailed to Mr. ******** addressing his concerns. 

      Customer Answer

      Date: 10/29/2022



      Complaint: ********



      I am rejecting this response because: it does not offer a resolution; it merely states they’ve received my complaint and will look into it which is what they’ve already promised 3 times.



      Sincerely,



      ****** ********

      Business Response

      Date: 11/01/2022

      Please note that the letter dated October 25, 2022 was sent as an acknowledgment of receiving your complaint. A separate letter dated October 27, 2022 was sent with an explanation addressing your concerns. Thank you

      Customer Answer

      Date: 11/02/2022



      Better Business Bureau:



      I have reviewed the response made by the business in reference to complaint ID ********, and find that this resolution is satisfactory to me.




      Sincerely,



      ****** ********
    • Initial Complaint

      Date:10/18/2022

      Type:Customer Service Issues
      Status:
      ResolvedMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      I made a transfer request for $15,000 from my **** ****** savings to my ***** **** savings on 10/7, after verifying two micro deposits made to my ***** account. On 10/10 I received a message that the transfer was blocked by security and they requested a copy of my DL and bank statement, even though I had already verified my account per policy. I sent a copy of my DL and bank information the same day. They then asked for additional documents on 10/10. I sent them the same day. On 10/11, the $15,000 transfer was debited from my account. Today is 10/18 and the funds are still not in my ***** account. I called and spoke to customer service after waiting more than an hour, and the rep indicated the transfer request was approved and the funds should be showing up within a couple business days. The funds are still not in my ***** account. This bank has extremely long hold times, often over an hour, and my funds have now been missing for over a week. I cannot get through to anyone to get this resolved. I also e-mailed Jonathan R******, the head of retail banking and consumer loans, but he has not responded either. I am now losing interest on my funds because Webster Bank has my funds in limbo.

      Business Response

      Date: 10/27/2022

      October 27, 2022

      At Webster Bank we strive for excellence in everything that
      we do and take pride in our customer service. A written response dated October
      27, 2022, addressing Mr. ******** concerns was sent via US Postal mail to his
      address on file.

      Thank you,

      Judy B****, VP, Manager Client Relations

      Office of the President, Webster Bank, N.A.

      Customer Answer

      Date: 10/27/2022



      Complaint: ********



      I am rejecting this response because:


      The bank has now blocked my account from transferring funds anywhere 

      It’s not verified as they state.



      Sincerely,



      **** ******

      Business Response

      Date: 11/02/2022

      November 2, 2022

      To whom it may concern:

       

      We have attempted to contact Mr. ****** to advise his situation is resolved. We have not been successful in speaking with him. 

       

      Sincerely,

      Judy B****, VP, Manager, Client Relations

      Webster Bank, N.A.

      Customer Answer

      Date: 11/02/2022



      Better Business Bureau:



      I have reviewed the response made by the business in reference to complaint ID ********, and find that this resolution is satisfactory to me.




      Sincerely,



      **** ******
    • Initial Complaint

      Date:09/27/2022

      Type:Customer Service Issues
      Status:
      AnsweredMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      My wife and I have a saving account with Webster Bank. My wife was able to verify and link her **** bank account as an external account in Webster online banking. When she intimated a transfer of $75000 from our Webster saving account to her **** account on 9/21, Webster suspended the transfer. Webster didn't even notify us till we found out. After several calls with Webster, we felt this company tried to make every excuse to hold our money. This is totally not the service that we expect. We demand Webster bank to release our money asap. Due to Webster bank's bad service, we are not able to fulfill the requirements of **** bank's ongoing deposit promotion (which gives $750 for making a deposit of $75000 by 9/30). We ask Webster to pay us $750 as compensation due to their mistake.

      Business Response

      Date: 10/10/2022

      10/10/22

      RE:
      Letter to the Better Business Bureau, Case #********, ** **

      To
      Whom It May Concern:

      At Webster Bank we strive for excellence in everything that
      we do and take pride in our customer service. A written response dated October 10, 2022, addressing Mr. ** **** concerns was sent via ** ****** mail to the address on file.

      Sincerely,

      Judy B***** VP, Client Relations

      Office of the President, Webster Bank, N.A.

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