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October 7, 2016

Webster Five names new business lending officer

Courtesy Photo Webster Five Cents Savings Bank officials have promoted Robert Totaro to the position of business lending officer.

Webster Five Cents Savings Bank officials have promoted Robert Totaro to the position of business lending officer.

Totaro was promoted after working as branch manager of the Front Street location in Worcester since opening in October 2015, the bank announced on Thursday. In his new role, Totaro will be responsible for developing new business, structuring and closing commercial loans and maintaining the existing loan portfolio.

Totaro has 17 years of experience working in the banking industry. He joined the Webster Five team in 2007 as an assistant branch manager and has a diverse background in providing customer service, working at both the Shrewsbury branch and Grafton Street, Worcester branch. Prior to working at Webster Five, Rob was an assistant branch manager, senior branch business banker at Citizens Bank, where he worked with small business customers.

Established in 1868, Webster Five is a full-service, $741-million community bank with a main office in Webster and branch offices in Webster, Dudley, Oxford, Auburn, Worcester and Shrewsbury.

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