February 23, 2010
Webster Five Absorbs Local Mortgage Firm
By Matthew L. Brown
Minuteman Mortgage of Shrewsbury has closed its doors and its two employees have joined Webster Five Cents Savings Bank's mortgage department, the bank said.
Terrence C. Martin, Minuteman's owner has become vice president and mortgage origination officer at Webster Five. Donna M. Casten-Scaletta, officer at Minuteman, has been made Webster Five's secondary market officer.
The hires are part of Webster Five's effort to expand its mortgage lending operation.
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