Webster Bank, a leading regional bank, announced today that Webster Bank Business Credit (WBCC), its regional asset-based lending subsidiary based in New York City, continued its strategic initiative to expand geographically by opening an office in Atlanta, GA. William Greene, III, senior vice president, WBCC, will head the office.

“This is a homecoming as well as an opening,” said Warren Mino, executive vice president and director of WBCC.  “Bill was with Webster from 1998 to 2009.  With his return, we look to grow the book of businesses and service customers in that region.”

Prior to returning to Webster, Greene helped grow the new Atlanta office for HSBC Bank, focusing on companies with $50 million to $500 million in revenue and international needs.

WBCC currently has $289.4 million in commitments in the southeastern United States.  WBCC, which is part of Webster’s Commercial Bank, has $1.4 billion in lines of credit in place.

Webster Bank owns the asset-based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a division of Webster Bank, which provides health savings account trustee and administrative services.