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Webster Private Bank Expands in Garden City

By Webster Bank

Webster Bank is pleased to announce the opening of its newest Private Banking office in Garden City, Long Island, expanding its capabilities to wealth management clients in Nassau and Suffolk Counties. Currently, Webster has Private Banking offices in the New England corridor.

“This is an important market for Webster, and we are adding an experienced, private banking team who reside in the New York Metro market,” said Peter Gabriel, Executive Managing Director, Private Banking. “This investment expands our commitment to delivering high-touch service and individual attention that helps our clients achieve their financial goals.”

Richard Chalifoux, Senior Managing Director, Fiduciary Services, Susan Aminov, Managing Director and Relationship Manager, and Allen Margolius, Managing Director, Portfolio Manager, will lead the Long Island Private Banking team. Together, they bring decades of client service-focused experience with an emphasis on offering a full range of financial services tailored to high-net-worth clients.

Chalifoux has 40 years of experience in estate planning and trust services and is past president of the Estate Planning Council of Nassau County, Inc. Prior to joining Webster Private Bank, Chalifoux was a Managing Director at First Republic Trust Company in Garden City, NY.

Aminov brings more than 20 years of experience serving the needs of high-net-worth clients. Prior to joining Webster Private Bank, Aminov was Vice President, Senior Relationship Manager at TD Wealth. In addition, she has served as Regional Private Banker at Republic Bank, overseeing the Private Banking needs of clients in New York City.

Margolius has more than 20 years of experience in conducting investment management due diligence and managing portfolios for high-net-worth institutional and trust clients. Prior to joining Webster, he was a portfolio manager and a member of the investment committee at Tompkins Financial. He also was an analyst and portfolio manager for AG Asset Management and Palisades Capital.

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 $77 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.

Contact Information

Media Contact:

Alice Ferreira

[email protected]

203-578-2610

Investor Contact:

Emlen Harmon

[email protected]

212-309-7646

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