WATERBURY and STORRS, Conn. (July 26, 2012) – Webster Bank, the University of Connecticut, and
IMG College today announced a major relationship agreement making Webster Bank Â“The Official Bank of
UConn.Â” The partnership spans all UConn constituencies including more than 200,000 alumni, 28,000 students,
and all sports.
Picture: Left to right are:Â Rex Hough, IMG Regional Vice President, Lisa Lewis, Alumni Association Executive Director, Jerry Plush, President and COO of Webster Bank and Warde Manuel, UCONNÂ Athletic Director.
The unique partnership for the first time encompasses all aspects of the University, including Athletics and the
Alumni Association, and integrates media, hospitality, and venue signage as well as use of University
intellectual property for branding, promotions, and affinity marketing. Additionally, Webster will support
UConn youth and community relations programs as well as the new 70,000-square-foot UConn Basketball
Development Center to be built on the current Memorial Stadium site adjacent to Harry A. Gampel Pavilion.
Financial terms of the agreement were not disclosed.
Â“This wide-ranging partnership brings together two dynamic brands Â– ConnecticutÂ’s flagship educational
institution and the stateÂ’s largest homegrown commercial bank Â– in a robust marketing effort,Â” said Jerry Plush,
president and chief operating officer of Webster. Â“With two active Hall of Fame coaches, a deeply committed
fan base, and consistently ranking as one of the top 20 public universities in the nation, UConn is the perfect fit
with WebsterÂ’s heritage as a community-focused, values-guided bank. This partnership underscores WebsterÂ’s
commitment to UConn and its fans as well as WebsterÂ’s confidence in UConnÂ’s exciting future as a leading
Â“We are grateful for Webster BankÂ’s commitment to UConn Athletics,Â” said UConn Director of Athletics
Warde Manuel. Â“Webster Bank and UConn represent two outstanding and powerful brands in our state, and we
look forward to working together on mutually-beneficial marketing opportunities. Additionally, through its
contribution to our new Basketball Development Center, Webster has recognized the importance of in
maintaining the excellence in our nationally-recognized basketball programs. On behalf of everyone associated
with UConn Athletics Â– our coaches, staff and most importantly, our student-athletes Â– we are proud to
welcome Webster Bank to the Husky family.Â”
"The Alumni Association is excited to align UConn graduates with an institution as outstanding as Webster,"
said UConn Alumni Association Executive Director Lisa Lewis. "This new relationship with Webster Bank will
allow us to create a more dynamic affinity card and banking program for our more than 200,000 UConn alumni.
In addition, Webster's sponsorship of Homecoming and Alumni Weekend will help us make these signature
events better than ever. By having the same banking partner as the Division of Athletics, we are also excited to
promote these alumni offerings at the many UConn athletic and alumni events during the year."
Â“A popular buzz phrase in sports marketing is Â‘full integration,Â’ yet few local and regional sponsors truly
develop a program touching every facet of a schoolÂ’s athletic programs and constituencies,Â” said Ben C. Sutton
Jr., President of IMG College, which represents the athletic sponsorship and media rights for UConn and nearly
100 other schools coast to coast. Â“Webster BankÂ’s fully integrated sponsorship of the Huskies is a smart and
comprehensive approach, aligning the bank with one of the most passionate fan bases in sports. It adds up to
the largest local sponsorship at any IMG College property.Â”
About Webster Bank
With $19 billion in assets, Webster Bank provides business and consumer banking, mortgages, financial
planning, and trust and investment services through 167 banking offices stretching Boston to Westchester
County, N.Y., 466 ATMs, telephone banking, mobile banking, and the Internet. Webster Bank owns the asset
based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance
Corporation; and provides health savings account trustee and administrative services through HSA Bank, a
division of Webster Bank. Webster Financial Corporation is the holding company for Webster Bank, National
Association. Member FDIC and equal housing lender. For more information about Webster, including past
press releases and the latest annual report, visit the Webster website at www.websterbank.com.
About IMG College
IMG College is the nationÂ’s leading collegiate multimedia, marketing and licensing/brand management
company, representing more than 200 of the nationÂ’s top collegiate properties including the NCAA and its 89
championships, NCAA Football, leading conferences, and many of the most prestigious colleges and
universities in the country. Headquartered in Winston Salem, N.C., IMG College employs more than 700 people
in nearly 100 offices throughout the U.S., capturing consumer devotion to college sports through partnership
opportunities in multimedia rights, licensing, events and hospitality, marketing, stadium and arena development,
stadium seating solutions, ticketing, sales, and consulting. IMG College produces nearly 30,000 hours of radio
programming on the largest independent sports network in the country, manages nearly 5,000 hours of local
television programming, is the leading publisher of college sports publications, and is the largest manager of
university athletic websites. IMG College is a division of IMG Worldwide, a global sports, fashion and media
business. For more information, please visit www.imgworld.com
FOR IMMEDIATE RELEASE
UConn Contact: Mike Enright Webster Contact: Sarah Barr IMG Contact: Andrew Giangola
Phone: (860) 486-3531 Phone: (203) 578-2287 Phone: (646) 871-2402
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