our news

New Account Opening Procedure for Businesses

May 11, 2018 -

New federal regulations require all banks to ask "beneficial owners" of businesses for identifying information when opening new accounts.

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Community Event Drives Donation to Boys&Girls Club of Webster-Dudley

May 28, 2018 -

Community event raises funds for nonprofit through piñata-breaking in celebration of 150th anniversary.

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Shrewsbury Branch Manager Promoted to AVP

May 7, 2018 -

Webster Five promotes Cheryl Pedjoe, Shrewsbury Branch Manager, to Assistant Vice President.

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New AVP in Business Systems Department

May 1, 2018 -

Webster Five promotes Diane Ferreira to Assistant Vice President, Business Systems Officer.

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New MLO Joins Mortgage Team

May 1, 2018 -

Webster Five adds Rosa Nguyen, mortgage loan originator, to the team.

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Supporting Domestic Violence Safety and Prevention

April 1, 2018 -

Webster Five donates $3,000 to the YWCA Central Massachusetts to help fund the Domestic Violence Community Based Services program.

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Funding Family Support Programs

February 23, 2018 -

Webster Five donates $5,000 to Auburn Youth and Family Services (AYFS).

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New Director of Retail Lending

February 1, 2018 -

Webster Five names Darryl Caffee, Esq., as Vice President/Director of the Retail Lending department.

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Business Lender Rejoins WebFive for Business Team

January 25, 2018 -

Webster Five announced the addition of Patrick Royce, Vice President, Business Lending Officer to the Business Banking Division.

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New AVP in Credit Department

January 20, 2017 -

Webster Five announces the promotion of Karen Kagan, Credit Officer, to Assistant Vice President.

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Helping Local Youth Achieve Employment Goals

December 20, 2017 -

Webster Five Foundation donated a total of $10,000 to the Bridge of Central Massachusetts to help fund the Youth Employment Project.

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Family Food Pantry Support

December 5, 2017 -

Webster Five Foundation donates $2,000 to Thompson Ecumenical Empowerment Group (TEEG).

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New Assistant Manager at Front Street Branch

November 20, 2017 -

Webster Five announces the promotion of Brianna Balise from Senior Personal Banking Specialist to Assistant Branch Manager of the Front Street, Worcester branch.

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New SVP, Senior Lending Officer to Lead Business Banking Division

November 13, 2017 -

Webster Five has hired Christopher Watson, Senior Vice President, Senior Lending Officer to lead the Business Banking Division alongside Russ Dye, current SVP, Senior Lending Officer, who will be retiring on March 30, 2018.

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Business Lending Officer Joins WebFive for Business Team

November 10, 2017 -

Webster Five has hired Monica Thomas-Bonnick, Vice President, Business Lending Officer III to join the Business Banking Division.

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Changes to Electronic Payment Processing

September 15, 2017 -

New developments are happening in the payment industry, which means you can now receive money quicker and send money to your friends and family faster.

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Equifax Data Breach

September 8, 2017 -

143 million American consumers may have had their sensitive personal information exposed.

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Loan Originator Promoted to AVP, Mortgage Sales Manager

August 1, 2017 -

Webster Five Cents Savings Bank announces that Nicholas Lynch has been promoted to Assistant Vice President, Mortgage Sales Manager.

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Community Housing Support

July 25, 2017 -

Webster Five donates $11,000 to Worcester Community Housing Resources, Inc.

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Supporting Father Brooks House

July 20, 2017 -

The Webster Five Foundation donates $4,000 to Dismas House of Massachusetts, Inc to support utility costs at the Father Brooks House.

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Support for Learning Center Growth

July 7, 2017 -

The Webster Five Foundation donates $5,000 to the Boys & Girls Club of Worcester to support arts & education programs.

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Retail Lending Operations Manager Named AVP

July 1, 2017 -

Webster Five announces that Peter Quigley, Retail Lending Operations Manager, has been promoted to Assistant Vice President.

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Access to Translation Services

June 20, 2017 -

Webster Five donates $5,000 to Community Legal Aid, Inc for the organization’s interpretation and translation expenses in Worcester County.

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Indian Princess - Presented by Webster Five!

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We're excited to support the Indian Princess as it embarks on all of its journeys this summer. We hope you take advantage of the summer concerts at Indian Ranch and the relaxing rides on the lake, brought to you by Webster Five!

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Retail Lending Team Adds Originator

June 1, 2017 -

Webster Five announces an addition to the Retail Lending Department and has named Nataly Dernulc, Mortgage Loan Originator.

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New Lender Joins Retail Team

June 5, 2017 -

Webster Five adds Patricia Whelan, Mortgage Loan Originator, to the Retail Lending Department.

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Emergency Medical Equipment for Local League

May 25, 2017 -

Webster softball league, Webster Fastpitch, receives $1,300 for AED Defibrillator.

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Marketing Manager Named AVP

May 20, 2017 -

Holly Deslauriers, Marketing Manager, has been promoted to the position of Assistant Vice President.

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New AVP in Credit Department

April 28, 2017 -

Amanda Coccia, Credit Officer, has been promoted to the position of Assistant Vice President.

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Funding Equipment & Vehicle Maintenance

May 10, 2017 -

Webster Five donates $3,000 to My Choice Programs, Inc to support their transportation program.

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Operations Department Adds Business Systems Manager

May 1, 2017 -

Sam Bitar, Assistant Vice President Business Analyst has been promoted to Vice President, Business Systems Manager, a new position for the operations team.

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Promotions Within Business Services Department

February 20, 2017 -

Webster Five announces the promotion of Jane Cullen to Vice President, Business Services Manager and Anjena Kuzdzal, promoted to Business Services Officer.

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New Manager at 100 Front Street Branch

February 16, 2017 -

Webster Five hired G. Warren Manigault III as Assistant Vice President, Senior Branch Manager of the Front Street, Worcester location.

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Preschoolers Get Summer Science Fun

February 1, 2017 -

The Webster Five Foundation donates $5,000 to Rainbow Child Development Center and their Summer Science Program.

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Assisting Elders with Money Management

January 5, 2017 -

The Webster Five Foundation donates $5,000 to Tri-Valley, Inc in support of the Money Management Program.

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K9 Assistance for Children

December 30, 2016 -

Webster Five donates $1,000 to NEADS in support of "Social Dog for a Child on the Autism Spectrum" - Worcester County Project

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Funding New Unit For More Care

December 26, 2016 -

Webster Five donates $12,500 to Harrington HealthCare System this year, as part of a two year grant of $25,000. Funds are supporting the new Dual Diagnosis Unit in Webster.

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Webster Five Announces “Share the Care” Winners

December 22, 2016 -

Funds were donated to 3 local nonprofits chosen by community members.

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New Addition to Mortgage Team

September 25, 2016 -

Webster Five announces a new Mortgage Loan Originator, Ryan O’Hearn.

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Front Street Branch Manager Joins Business Banking Team

September 20, 2015 -

Webster Five names Robert Totaro Business Lending Officer, after working as Branch Manager in Worcester.

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New Customer Contact Center!

September 27, 2016 -

Webster Five will open a customer contact center on October 3, 2016 located in Auburn.

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New Lender Joins Business Team

August 20, 2016 -

Webster Five has hired Keith Kirkland, Vice President, Business Lending Officer to join the Business Banking Division.

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Debit Card Compromise

August 19, 2016 -

Webster Five responds to fraudulent activity in August 2016.

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Expanding Education Program

July 30, 2016 -

Webster Five donates $2,000 to Genesis Club House, Inc to support the Education Program.

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Changes in Business Banking

July 25, 2016 -

Webster Five announces promotions within Business Banking Division.

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New Manager at Newest Worcester branch

July 1, 2016 -

Webster Five announces the promotion of Kim Brown from Personal Banker to Assistant Branch Manager at 100 Front Street.

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Nutrition Center Support

July 1, 2016 -

The Webster Five Foundation donates $3,000 to Jeremiah’s Inn, in support of their Nutrition Center.

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Building New Homes

June 27, 2016 -

Webster Five donates $2,500 to Habitat for Humanity MetroWest/Greater Worcester to support two new homes scheduled for construction.

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Supporting Business Women in Central Massachusetts

June 22, 2016 -

Webster Five donates $2,500 to the Center for Women & Enterprise to support the continued operations of the Central Massachusetts office.

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Collections Manager Named AVP

March 1, 2016 -

Webster Five promotes Melissa Baar to Assistant Vice President after working as Collections Manager for the past year.

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Helping Students Experience Old Sturbridge Village

March 18, 2016 -

The Webster Five Foundation donates $2,000 to the Educational Outreach Project at Old Sturbridge Village in central Massachusetts.

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New Team Leader in Retail Lending

March 8, 2016 -

Webster Five announces that Charles Pierce has been promoted to Mortgage Sales Manager and elected as an Officer of the bank.

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Helping Worcester Youth Get Crafty

March 1, 2016 -

The Webster Five Foundation donates $4,000 towards the Youth Programming at the Worcester Center for Crafts.

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Life-Skills, Inc Gets New iPads

January 5, 2016 -

Webster Five Foundation donates $3,000 to Life-Skills, Inc. in Webster, MA. as contribution to purchasing new technological equipment for the individuals that the agency currently serves.

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Welcoming Southeast Asian Immigrants and Refugees

November 20, 2015 -

The Webster Five Foundation donates $2,500 to Southeast Asian Coalition of Central Massachusetts to support new residents in the area.

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Annual Walk for the Homeless a Success

October 1, 2015 -

The Webster Five Foundation donated $4,000 to the Central Massachusetts Housing Alliance, Inc.

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New MLO Joins Retail Lending Team

September 1, 2015 -

Webster Five announces the addition of a new Mortgage Loan Originator, Nicholas Lynch.

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Tuition Support at Pakachoag Music School

September 1, 2015 -

The Webster Five Foundation donates $1,000 to the Pakachoag Music School of Greater Worcester.

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New Leadership at Chandler Street

September 1, 2015 -

Webster Five announces the addition of Robert Muckian as Assistant Branch Manager of the Chandler Street, Worcester location.

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New ABM in Auburn

July 30, 2015 -

Webster Five announces the promotion of Catherine Yost-Lukasek from Personal Banker to Assistant Branch Manager of the Auburn branch.

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Advancement in Auburn

June 29, 2015 -

Webster Five announces the promotion of Roger Robinson to Branch Manager after working as Assistant Branch Manager for the past 2 years.

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New Emergency Dept. at Harrington Healthcare

August 1, 2015 -

Webster Five announces the completion of the renovations at Harrington Healthcare in Webster, using $50,000 grant for Remillard Family ED.

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Countdown to Kindergarten

July 15, 2015 -

The Webster Five Foundation donates $5,000 to the EcoTarium in Worcester, Massachusetts.

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New Retail Trainer & Development Manager

June 22, 2015 -

Webster Five has named Maria Harvey AVP/Retail Trainer and Development Manager after working as a Senior Branch Manager for the past 4 years.

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Supporting Seniors in Dudley

June 4, 2015 -

Webster Five donates $1,000 to Hands for Help in Dudley, Inc as additional funds for awards to individuals qualifying for assistance.

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