Bank of NY Mellon Supports Webster Collateral Agreement
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Description
In a separate tri-party collateral arrangement, Bank of NY Mellon serves as custodian for Webster Bank’s pledged securities at 102% collateralization for Bethpage Water District as of May 18, 2026. This secures additional district deposits.
Contract Details
Vendor
BANK OF NY MELLON
Agency
Bethpage Wd, NY
Contract Type
FINANCIAL_SERVICES
Document Date
May 28, 2026
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