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Webster Bank
United States
1935 (90 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Webster Bank
Company Information
Get to know Webster Bank
From making the most of your free time to closing on your first home or sending a child off to college, everything you do beyond the bank – that’s what truly matters, to you, and to us. At Webster, we recognize that it isn’t simply about banking. It’s about living. Which is why we pledge to see all you live for, and to make sure the banking products and services we offer help you reach your goals. The year was 1935 and Harold Webster Smith founded a bank with the vision of helping his neighbors achieve their dreams of home ownership. Since then, we've grown to be the largest independent commercial bank headquartered in New England – but we are still a community bank at heart.
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