HSA Bank Streamlines Online Enrollment Process for Individuals and Small Groups

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August 2, 2010
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HSA Bank Streamlines Online Enrollment Process for Individuals and Small Groups

WATERBURY, Conn., Aug. 2 -- HSA Bank announced today it has streamlined the process used by individuals and small groups to enroll in a Health Savings Account (HSA).  HSA Bank condensed the enrollment process on its Individual Online Enrollment website into a four-step process that cut the time it takes to complete the process in half.

"We strive to make owning an HSA as easy for our accountholders as possible, starting with the enrollment process," stated Kirk Hoewisch, president of HSA Bank. "And for many individuals and small group employees, that means our Individual Online Enrollment website."

In addition to streamlining the enrollment process, HSA Bank updated the design of its Individual Online Enrollment website to more closely resemble the appearance of its informational website - http://www.hsabank.com - and enhanced the capabilities available during the enrollment process.

"As people enroll through our Individual Online Enrollment website, they will have the opportunity to make an initial contribution to their HSA and sign up for e-statements," added Hoewisch.

You may watch an Individual Online Enrollment demonstration at http://www.hsabank.com/ioedemo.

If you are eligible for an HSA and want to enroll with HSA Bank, visit http://www.hsabank.com/enrollonline.

HSA BankĀ® is a division of Webster Bank, N.A. Member FDIC, the wholly-owned subsidiary of Webster Financial Corporation (NYSE:WBS).

HSA Bank is one of the nation's most experienced HSA administrators and one of the few administrators with an exclusive focus on HSAs. HSA Bank works with individuals and companies of all sizes and complexities. HSA Bank actively listens to the needs of our clients and customers to develop solutions and create flexible HSA programs that include online access for employers and individuals. HSA Bank offers reliable and responsive support to its business partners and accountholders from friendly, knowledgeable service staff.

Discover how easy it can be to have or manage an HSA at http://www.hsabank.com!

Webster Financial Corporation is the holding company for Webster Bank, National Association. With $17.7 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 181 banking offices, 500 ATMs, telephone banking and the Internet. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation, Webster Capital Finance, Inc., an equipment finance company headquartered in Farmington, Conn., and provides health savings account trustee and administrative services through HSA Bank, a division of Webster Bank. Member FDIC and equal housing lender.

For more information about Webster, including past press releases and the latest annual report, visit the Webster website at http://www.websterbank.com.

  Media Contact:
  HSA Bank:         Patrick Rose                   920-400-0398
                    mediarequests@hsabank.com
  Webster:          Ed Steadham                    203-578-2287
                    esteadham@websterbank.com

Source: HSA Bank
   

CONTACT:  HSA Bank: Patrick Rose, +1-920-400-0398,
mediarequests@hsabank.com, or Webster: Ed Steadham, +1-203-578-2287,
esteadham@websterbank.com

Web Site:  http://www.hsabank.com/

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