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February 11, 2016 12:22 AM ET

Real Estate Investment Trusts (REITs)

Company Overview of Webster Preferred Capital Corp.

Company Overview

Webster Preferred Capital Corporation, a real estate investment trust (REIT), engages in the acquisition, holding, and management of real estate mortgage assets in Connecticut. Its real estate mortgage assets include mortgage-backed securities and residential mortgage loans. Webster Preferred Capital has elected to be taxed as a REIT under the internal revenue code of 1986. As a REIT, it would not subject to federal income tax, provided it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1991 and is based in Waterbury, Connecticut. Webster Preferred Capital Corporation is a subsidiary of Webster Bank, National Association.

145 Bank Street

Waterbury, CT 06702

United States

Founded in 1991

5 Employees



Key Executives for Webster Preferred Capital Corp.

Chief Financial Officer, Senior Vice President, Controller of Webster Bank and Senior Vice President of Webster Bank
Age: 52
Director, Member of Audit Committee, Executive Vice President of Webster Bank, Executive Vice President of Webster Financial Corporation, Secretary of Webster Bank, Secretary of Webster Financial Corporation, General Counsel of Webster Bank and General Counsel of Webster Financial Corporation
Age: 61
Secretary, Senior Vice President of Webster Bank and Assistant Secretary of Webster Bank
Age: 53
Senior Vice President and Treasurer
Principal Accounting Officer
Age: 53
Compensation as of Fiscal Year 2015.

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