XML 35 R19.htm IDEA: XBRL DOCUMENT v3.25.0.1

Deposits

12 Months Ended

Dec. 31, 2024

Deposit Liabilities [Abstract]

Deposits

Deposits

The following table summarizes deposits by type:

			At December 31,
(In thousands)			2024						2023
Non-interest-bearing:
Demand			$	10,316,501					$	10,732,516
Interest-bearing:
Health savings accounts			8,951,031						8,287,889
Checking			9,834,790						8,994,095
Money market			20,433,250						17,662,826
Savings			6,982,554						6,642,499
Time deposits			8,234,954						8,464,459
Total interest-bearing			54,436,579						50,051,768
Total deposits			$	64,753,080					$	60,784,284
Time deposits, money market, and interest-bearing checking obtained through brokers (1)			$	3,181,298					$	3,673,733
Aggregate amount of time deposit accounts that exceeded the FDIC limit (2)			1,407,077						1,221,887
Deposit overdrafts reclassified as loan balances			7,146						10,432

(1)Excludes $7.3 billion and $5.7 billion of money market sweep deposits received through interLINK at December 31, 2024, and
December 31, 2023, respectively.

(2)Excludes $16.8 million and $39.0 million of time deposit accounts that were at the FDIC limit at December 31, 2024, and December 31, 2023, respectively.

The following table summarizes the scheduled maturities of time deposits:

(In thousands)			At December 31, 2024
2025			$	8,091,695
2026			72,078
2027			32,656
2028			18,766
2029			19,759
Total time deposits			$	8,234,954

X

- Definition

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 405
-Topic 942
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478353/942-405-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(12))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1406
-Paragraph e
-Publisher SEC

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1406
-Publisher SEC

+ Details

Name:	us-gaap_DepositLiabilitiesDisclosuresTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Deposit Liabilities

+ References

No definition available.

+ Details

Name:	wbs_DepositLiabilitiesAbstract
Namespace Prefix:	wbs_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration