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After the close of the merger, the combined company will operate under the Webster name. Jack L. Kopnisky, President & CEO of Sterling, will serve as Executive Chairman of the combined company. Webster Bank’s President and CEO, John R. Ciulla will serve as President and CEO of the combined company. We expect the merger to close in the fourth quarter 2021, pending regulatory approval.
In the meantime, please continue to conduct your banking with us just as you’ve always done. We will maintain normal business operations and you will continue to receive the outstanding service and support you have come to expect from Sterling.
Our commitment to our existing clients and communities remains steadfast. And, that commitment will continue through the merger process and beyond.