ABA Banking Journal - June 2014 - (Page 10)

bank notes Lending time "WE GIVE OF OURSELVES IN THE COMMUNITIES WE meaningful part of their communities." In fact, many employees find that their productivity serve," is one of six core values that make up the "Webster Way" at $21 billion-assets Webster Bank, Waterbury, Conn. One way increases on their mentoring days. "The dates that I menWebster is fulfilling that value is through its 12-year-old mentor- tor are some of my most productive afternoons. I feel ing program, which boasts over 100 employee volunteers, 83 of whom have mentored for at least a year. "Our bankers are interested in it, they get to spend time with young people, and they make a difference in one another's lives along the way," says James Smith, chairman and CEO of Webster. "This is in our DNA. It is part of who we are." The program asks volunteers to commit to at least a year of one-hour, once-a-week mentoring sessions. The program is school-based, so mentoring occurs during the workday, and volunteers are required to get permission from their superiors to participate. Management is usually more than happy to accommodate. "Our managers and supervisors understand that those involved in the mentoring program are going to need the time to be with The positive feedback between mentor and mentee works its way back into Webster's culture and boosts productivity. their mentees," says Smith. "We need to be able to give Webster bankers the time they need to be a 10 | ABA BANKING JOURNAL | JUNE 2014 PHOTO: SHUTTERSTOCK.COM Webster Bank's mentoring program is an investment in its community http://www.SHUTTERSTOCK.COM

Table of Contents for the Digital Edition of ABA Banking Journal - June 2014

Chairman's View
Editor's Column
The Economy
Bank Notes
Picture This
Affordable housing pioneer
Pass the Aspirin
Tech Topics
Lines of defense
Top performing community banks
Compliance Clinic
Compliance Inbox
Around the ABA
Legal Issues
First Person

ABA Banking Journal - June 2014

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