Webster in Connecticut Hires Leader for HSA Bank

Webster Financial (WBS) in Waterbury, Conn., has hired an executive to lead its health savings account operation.

Charles Wilkins, 52, was tapped to lead HSA Bank, the $21 billion-asset Webster said on Monday. Wilkins recently served as president of his own consulting practice, which focused in healthcare and financial services. He has also been general manager and chief executive of OptumHealth Financial Services, a division of UnitedHealth Group in Minnesota. He spent 15 years in a variety of roles at U.S. Bancorp (USB) in Minneapolis.

Wilkins' "unique background in both health insurance and banking will prove valuable in moving HSA Bank forward at this exciting time for consumer directed healthcare plans," Webster Chairman and CEO James Smith said in a press release.

The former head of HSA Bank, Dean Mason, left last summer to accept a position at a different company, a Webster spokeswoman said.

HSA Bank has more than $2 billion in deposits and assets under management and is based in Sheboygan, Wis. Webster also owns Webster Bank, asset-based lending firm Webster Business Credit and equipment finance firm Webster Capital Finance.

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