Brian McEvoy of Webster Five on the Power of Community Banking

By Hank Stolz

Photo- Radio Worcester

WORCESTER, MASS.- In a recent interview, Brian McEvoy, Chief Retail Banking Officer at Webster Five Cents Savings Bank, highlighted the institution’s long-standing commitment to the Worcester community. With over $1 billion in assets, Webster Five has experienced significant growth in recent years, particularly in its commercial banking division.

McEvoy explained that the bank has made a strategic focus on commercial real estate, commercial and industrial lending, and lending to non-profits. But perhaps most importantly, McEvoy emphasized the bank’s role in supporting small businesses—the true backbone of the local economy.

“We believe at Webster Five that small business is the driver of the local economy. Something like 90-some-odd percent of businesses are actually small businesses. And I believe that’s an underserved segment in our marketplace. So we’re putting a pretty significant focus on growing our relationships with those groups,” McEvoy said.

Webster Five has been an accredited business with the Better Business Bureau for nearly 30 years, a point of pride that underscores its commitment to trust, transparency, and community stewardship.

As a community bank, Webster Five’s mission goes beyond transactions—it’s about building long-term relationships with the people and businesses that shape central Massachusetts.

Mayor Petty: Worcester Needs 12,000 More Housing Units

Worcester Mayor Joe Petty discusses the city’s economic development efforts, including plans to address a 12,000-unit housing shortage, redevelopment of the Denholm and RMV buildings, and continued investment around Polar Park.

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