Webster Five Strengthens Executive Team

Auburn, MA – Webster Five is proud to announce that Michael Reid has joined the Bank’s Leadership Team as Chief Financial Officer. In this role, Reid will oversee all financial operations, including strategic planning, performance management and long-term fiscal sustainability, as the Bank continues to expand its impact across Central Massachusetts.

Reid joins Webster Five with more than 14 years of experience in banking and finance. He most recently served as Senior Vice President, Senior Finance Manager of Enterprise Bank. There, Reid oversaw finance and treasury, with expertise in asset liability management, balance sheet restructuring and derivative strategy. He brings a proven track record of leadership and a commitment to operational efficiency.

“Webster Five has always distinguished itself as an institution that combines financial strength with a true commitment to its communities,” said Reid. “I’m excited to help shape strategies alongside this seasoned executive team that ensure the Bank is poised for growth and sustainability now and into the future.”

“We’re thrilled to welcome Michael to our Leadership Team,” said Brian Westerlind, President and CEO, Webster Five. “His ability to pair financial strategy with a deep sense of community purpose will help us continue building an institution that customers can rely on for stability and opportunity.”

Reid holds a Bachelor of Science in Business Administration with concentrations in Finance and Management and a minor in Economics from the University of Massachusetts Lowell. He is dedicated to civic engagement as a volunteer pilot with PALS SkyHope, which provides medical and compassion flights for veterans and patients.