Gregory V. Renna Joins Center Capital Corporation.WATERBURY, Conn. -- Center Capital Corporation, the wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Webster Bank Webster Bank is a bank based based out of Waterbury, Connecticut. It is the largest Connecticut based bank and the 42nd largest in the United States. History Webster was founded in 1935 by Harold Webster Smith. , announced today the appointment of Gregory V. Renna to be Director of Business Development - Western Region for Center Capital's General Aviation Division. Before joining Center Capital, Renna was Co-Founder of Avia Finance, an aviation finance brokerage firm in Carlsbad, California. Prior to Avia, Greg was Finance Sales Manager with Cessna Finance Corporation and Director of Aviation with Textron Financial. Renna earned an M.S. in Aerospace Studies at the University of North Dakota, where he was also an aviation instructor. He also is a certified Commercial Instrument Pilot - CFII CFII Certified Flight Instructor - Instrument CFII Center for Integration and Interoperability , MEI. Webster Financial Corporation is the holding company for Webster Bank, National Association and Webster Insurance. With $17 billion in assets, Webster provides business and consumer banking, mortgage, insurance, financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against , trust and investment services through 148 banking offices, 273 ATMs, telephone banking and the Internet. Webster Bank owns the asset-based lending Asset-Based Lending A business loan secured by collateral (assets). The loan, or line of credit, is secured by inventory, accounts receivable and/or other balance-sheet assets. Also known as "commercial finance" or "asset-based financing". firm Webster Business Credit Corporation, the insurance premium finance company Budget Installment Corp., and Center Capital Corporation, an equipment finance company headquartered in Farmington, Connecticut. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websteronline.com. |
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