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Business Lending Officer Joins WebFive for Business Team

Webster Five Cents Savings Bank has hired Monica Thomas-Bonnick, Vice President, Business Lending Officer III to join the Business Banking Division. In this role, Monica will be responsible for the structuring and closing of business loans, developing new business, as well as maintaining and servicing the existing loan portfolio.

With 21 years of experience in the commercial banking industry, Monica began her career at Fleet Bank in 1996, where she held many positions in credit and small business lending. Over the next 13 years, Monica gained quite a bit of experience working at Fleet Bank, Bank Boston, and Bank of America. She went on to work for JP Morgan Chase for 2 years as a Credit Officer, specializing in Small Business and worked most recently as an Auto Finance Group Credit Officer at Santander Bank. Her experience working in the credit division of banking has given Monica the advantage of fully understanding the proper loan structure that works best for her customers. She prides herself on helping companies grow and is passionate about providing exceptional service in order to help each business thrive.

Monica received a BBA in Finance from the University of Oklahoma and an MBA from Simmons College Graduate School of Management. She was also named one of Crain’s New York Business 40 under 40 honorees in 2002. Monica’s extensive experience and success working with customers in the banking industry will allow for a smooth transition and a great addition to the WebFive for Business team.