History & Leadership
The communities we serve recognizes our institution as Webster Five which is a short version of this full bank name.
What is Webster Five Cents Savings Bank?
This digital service will waive monthly fees on certain personal and business checking accounts.
What are E-Statements?
A single source to update the debit card used for your subscription and streaming services, ecommerce, merchants and more!
What is CardSwap?
In 2023, this local bank was voted "Best Bank" in the Telegram & Gazette's Best of Central Mass awards, recognizing its commitment to customers and community.
What is Webster Five?
This is each depositor's insured limit through FDIC.
What is $250,000?
The number of branches that exist today
What is 7 branches?
Every time you pay for a meal, cup of coffee, tank of gas, or anything else this automatic feature helps you grow your savings.
What is Every Day Impact (Round-Up feature)?
This service helps verify checks written off your business accounts to deter fraud.
What is Positive Pay?
For several years, Webster Five's tagline was known as "We're Different, We're Better, Believe it." That recently changed to this.
What is When you Win, We Win?
The bank is opened to the public every day of the week during these times.
What is 24 hour banking?
The year the Shrewsbury Branch opened to the public
What is 2006?
Webster Five gives you this tool to donate to causes you believe in directly from your account.
What is the Giving Center?
This service allows business owners who don't have time to make it to the bank to deposit checks right from the comfort of their office.
What is Remote Deposit Capture (RDC)?
Since it's inception, through this, over $4.1 million has been donated to a range of non-profits.
What is the Webster Five Foundation?
This secure, convenient tool that will make your payment experience even better can be obtained in just a few minutes at any of our branch locations.
What is a Webster Five debit card?
A local Shrewsbury resident and Webster Five's current CEO.
Who is Don Doyle?
Your plane just touched down in Florida, but we think your debit card is still in Massachusetts. This is an easy way to keep your card moving with you.
What are online travel notices?
Characterized by a fixed disbursement, amortized repayment schedule, and typically used for capital expenditures, this Webster Five business financing option differs from a line of credit by offering no reuse of repaid funds.
What is a business loan?
In addition to financial support, Webster Five encourages its employees to give back through this type of paid program that allows them to volunteer during work hours.
What is Volunteer Time Off (VTO)?
With the combination of these insurances, you have peace of mind that your deposit accounts are insured in full.
What is FDIC (Federal Deposit Insurance Corporation) & DIF (Depositors Insurance Fund)?
The year Webster Five was established located on the Spaulding Block of Main Street in Webster, Massachusetts.
What is 1868?
This digital tool within Webster Five's online banking suite helps customers manage incoming and outgoing funds by predicting future balances based on scheduled transactions, rather than just current activity.
What is Insights (Money Manager)?
Designed to help manage cash flow and seize short-term opportunities, this flexible Webster Five financing solution offers business owners pre-approved access to funds without requiring a full reapplication each time you borrow.
What is a Business Line of Credit?
Webster Five was awarded the highest honor from this organization in recognition of outstanding leadership through exceptional employees, campaigns and strong volunteer representation.
What is United Way of Central Mass?
This insurance protects all traditional deposit accounts at member banks including savings accounts, checking accounts, certificates of deposit, and money market accounts held by individuals, businesses and trusts, as well as government accounts.
What is Depositors Insurance Fund (DIF)?