Community Involvement

Press Releases

Webster Five is constantly in the news. For more information on these press releases, or for further information, please contact Webster Five’s Marketing Department at 1-800-696-9401.

February 15, 2012   - Webster Five has named Maria Harvey as Assistant Vice President – Auburn Branch Manager. Harvey brings 10 years of banking experience to Webster Five. Most recently, she held the position of Assistant Vice President – Branch Manager at Citizens Bank in Framingham. Click here to view press release.

February 2, 2012   - The Webster Five Foundation, as part of the Web of Caring to Make a Difference program, announced today that it will donate $2,000 to the Center for Women & Enterprise, the leading regional economic development organization in New England with proven success in training and assisting women entrepreneurs. More specifically, the donated funds will provide financial support for the business, entrepreneurship and financial literacy training programs run by CWE’s Worcester office. Click here to view press release.

January 9, 2012  - Chandler Street, Worcester Branch of Webster Five to mark opening with ribbon-cutting ceremony. Click here to view press release.

December 29, 2011  - The Webster Five Foundation, as part of the Web of Caring to Make a Difference program, announced today that it will donate $4,000 to Habitat for Humanity-MetroWest/Greater Worcester, a nonprofit organization that provides homeownership opportunities for low-income families in the Worcester area. Click here to view press release.

December 16, 2011  - The Webster Five Foundation, as part of the Web of Caring to Make a Difference Program, announced today that it will donate $5,000 to Seven Hills Family Services. The Web of Caring to Make a Difference Program reinforces Webster Five’s long-term initiative to give back to the community by supporting local organizations that are making a difference in the community. The funds donated by the foundation will help support the needs of individuals with disabilities who are enrolled in the Seven Hills Adult Day Habilitation and Health programs. Click here to view press release.

December 6, 2011  -Webster Five Cents Savings Bank announces the promotion of Robert Totaro to Branch Manager of the Bank’s Grafton Street, Worcester Branch Office. Click here to view press release.

December 6, 2011  -Webster Five Cents Savings Bank has named Patrick Royce as a Small Business Lending Officer. In his new role, Royce is responsible for originating and underwriting small business loans throughout Worcester County. Click here to view press release.

October 20, 2011  - The Webster Five Foundation, as part of the Web of Caring to Make a Difference Program, announced today that it will donate $2,000 to the day habilitation programs at Life-Skills, Inc., a Webster-based organization that serves individuals with developmental disabilities. Click here to view press release.

October 4, 2011  - The Webster Five Foundation, as part of the Web of Caring to Make a Difference Program, announced today that it will donate $1,000 to the Worcester Educational Development Foundation to help fund the Books for Babies Program, an early-literacy program for new mothers created by the Worcester Public Schools, in collaboration with UMass Memorial Medical Center and RSVP Worcester Area Volunteers. Click here to view press release.

September 12, 2011  - The Webster Five Foundation, as part of the Web of Caring to Make a Difference Program, announced today that it will donate $2,000 to the Rainbow Child Development Center. A Worcester-based organization, Rainbow serves as an open education, language-based program that supports children’s growth in all areas of development. The Web of Caring to Make a Difference Program reinforces Webster Five’s long-term initiative to give back to the community by supporting local organizations that are making a difference in the community. All donated funds will help to support the social services that Rainbow provides to low-income children in their preschool program. Click here to view press release.

September 12, 2011  - The Webster Five Foundation, as part of the Web of Caring to Make a Difference Program, announced today that it will donate $2,000 to the Jewish Family Service (JFS) of Worcester. The Web of Caring to Make a Difference Program reinforces Webster Five’s long-term initiative to give back to the community by supporting local organizations that are making a difference in the community. All donated funds will help the agency’s Child and Family Counseling Program provide necessary outpatient mental health counseling services to children and families in Worcester County. Click here to view press release.

August 25, 2011  - The Webster Five Foundation, as part of the Web of Caring to Make a Difference Program, announced today that it will donate $5,000 to the Money Management Program of Tri-Valley, Inc., a Dudley-based organization that provides financial management assistance to low-income elders in South Central Massachusetts. Click here to view press release.

August 18, 2011  - The Webster Five Cents Savings Bank has named Andrea Doucette as Vice President – Business Lending Officer. Doucette’s primary responsibilities will be to originate and underwrite business loans within our community, while maintaining the existing portfolio of business loans. Click here to view press release.

July 21, 2011  - Webster Five Cents Savings Bank announces the promotion of Sam Bitar to Branch Manager of the Bank’s Shrewsbury Branch Office. Click here to view press release.

June 29, 2011  - The Webster Five Cents Savings Bank announces the promotion of Edward Gaudette to Vice President –Management Information Systems (MIS) Manager. His primary responsibilities will be to provide ongoing analysis, planning, and management of Webster Five’s information technology. This will also include building and developing the MIS staff and IT infrastructure, architecture and procedures to support the Bank’s business needs. Click here to view press release.

April 26, 2011  - Webster Five Cents Savings Bank has named Brian S. Westerlind as Senior Vice President, Chief Financial Officer/Treasurer. As Senior Vice President, he will manage the bank’s financial plans and policies, and oversee the functions of accounting, budgeting, treasury and investments. Click here to view press release.

April 25, 2011  – The Webster Five Cents Savings Bank announced today that it has purchased land at 266 Chandler Street in Worcester for the purpose of building a new branch office. The bank’s current branch office, located at 278 Park Avenue, will relocate to the Chandler Street location. Click here to view press release.

February 14, 2011  – The Webster Five Foundation, a charitable organization founded by Webster Five Cents Savings Bank, announced today that it will donate $2,000 to Center for Women & Enterprise. The funds will help support a range of financial literacy, business planning and entrepreneurship trainings for low-to-moderate income women in the greater Worcester area. Click here to view press release.

February 9, 2011  – The Webster Five Foundation, a charitable organization founded by Webster Five Cents Savings Bank, announced today that it will donate $3,000 to The Bridge of Central Massachusetts. The funds are to support a work program for at-risk youth ages from 12-19 years old living in Bridge residential homes in Worcester and Westborough. Click here to view press release.

February 9, 2011  – The Webster Five Foundation, a charitable organization founded by Webster Five Cents Savings Bank, announced today that it will donate $5,000 to NeighborWorks® HomeOwnership Center of Worcester. The funds will help expand counseling and education to current and prospective homeowners in Worcester County. Click here to view press release.