History
Webster was founded in 1935 by Harold Webster Smith. Only 24 years old, Smith borrowed from family and friends to found First Federal Savings of Waterbury, a lending institution providing home loans to Connecticut citizens. He served as CEO until 1987 and as chairman of the board until 1995 when First Federal was renamed Webster Bank in his honor.
Read more about this topic: Webster Bank
Famous quotes containing the word history:
“The one duty we owe to history is to rewrite it.”
—Oscar Wilde (1854–1900)
“The steps toward the emancipation of women are first intellectual, then industrial, lastly legal and political. Great strides in the first two of these stages already have been made of millions of women who do not yet perceive that it is surely carrying them towards the last.”
—Ellen Battelle Dietrick, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 13, by Susan B. Anthony and Ida Husted Harper (1902)
“No event in American history is more misunderstood than the Vietnam War. It was misreported then, and it is misremembered now.”
—Richard M. Nixon (b. 1913)