Annual Percentage Yields (APYs) are accurate as of 4/28/2026 and are subject to change at any time. Fees may reduce earnings.
1 Private 3-Month, 7-Month, 11-Month CD: To earn the stated APY above, you must either have an existing Private Checking2 account or open a new one at the time the Private 3-month, 7-month, or 11-month CD is opened. If you do not have a Private Checking account at the time of opening the CD, you may open a standard 3-month CD account at an APY of 3.75%, 7-month CD account at an APY of 3.50%, or 11-month CD account at an APY of 3.55%. Promotional APY is subject to certain terms and conditions. Client must deposit at least $500 to open the account. The minimum balance requirement to earn the stated APY is $500. The APY assumes interest remains on deposit until maturity. In the event of withdrawal before stated maturity, an early withdrawal penalty will be imposed. A withdrawal will reduce earnings. This offer can be revoked by Webster Bank at any time.
2 Private Checking: Minimum opening deposit of $25 is required. You can avoid the $30 monthly maintenance fee by keeping $25,000 in checking or $50,000 combined deposit balances, including CD's, OR $100,000 in LPL Financial (LPL) investment balances3 (Please note: it can take 14 business days for balances of new or previously unlinked LPL accounts to be included). Private Checking earns interest and is a tiered rate product. The APY on balances between $0.00 and $49,999.99 is 0.01%, balances between $50,000.00 - $99,999.99 is 0.01%, balances between $100,000.00 - $249,999.99 is 0.01%, balances between $250,000.00 - $499,999.99 is 0.01%, balances $500,000.00 or greater is 0.01%.
3 Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Webster Bank and Webster Investments are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Webster Investments, and are employees of LPL. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Webster Bank or Webster Investments. Securities and insurance offered through LPL or its affiliates are:
|
Not Insured by FDIC or Any Other Government Agency |
Not Bank Guaranteed |
Not Bank Deposits or Obligations |
May Lose Value |
The LPL Financial registered representatives associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.
Webster Bank (“Financial Institution”) provides referrals to financial professionals of LPL Financial LLC (“LPL”) pursuant to an agreement that allows LPL to pay the Financial Institution for these referrals. This creates an incentive for the Financial Institution to make these referrals, resulting in a conflict of interest. The Financial Institution is not a current client of LPL for brokerage or advisory services. Please visit https://www.lpl.com/disclosures/is-lpl-relationship-disclosure.html for more detailed information.
LPL Financial Form CRS