Skip to footer

Diversity, Equity, Inclusion, and Belonging

When we understand, appreciate, and value every individual, we all win.

Mosaic in Our Workplace

Our journey to diversity, equity, and inclusion (DEI) is ongoing. That’s why we’ve formed Mosaic, our DEI committee, to ensure we continually ask about, understand, and respond to the unique needs, challenges, and perspectives of our employees. The name Mosaic, which represents many different parts coming together to form something beautiful, inspires us to build on the uniqueness of every individual to create something better together.


The strength of a financial institution is often measured by its assets. At Webster Five, we believe the greatest measure of an organization’s strength comes from what truly sets it apart – its people. The unique backgrounds, perspectives, and experiences of our valued employees, customers, and the individuals in the communities we serve makes our institution and our world stronger.

That is why we’re proud to turn our mission of acceptance, understanding, and collaboration into actions that help ensure every individual – regardless of their background – has the chance to prosper.

Some of the initiatives of the committee, include:

  • Creating awareness and promoting learning
  • Serving the complex and rich cultures and identities of our employees and communities
  • Fostering an environment of diversity, equity, inclusion, and belonging through implementing thoughtful and innovative strategies

DEI Events in Our Communities

Our work in promoting inclusivity goes far beyond our workplace. We’re proud to host and support a variety of community-based programs that lead to economic and cultural empowerment among marginalized individuals and underserved communities. Some of our initiatives include:

  • Business Owner Meetings

    To uncover how we can better foster business growth and development in local communities, we host training sessions where minority business owners share and explain challenges they have in securing funding and banking services.

  • Cultural Events

    We regularly sponsor and support events and initiatives that celebrate the diverse cultures in our communities, such as CENTRO Latin American Festival, India Day, Annual Asian Festival (SEAC) and the Worcester community celebration of Dia de los Muertos.

  • Seminars

    To help businesses and non-profit organizations with limited resources carry out their missions and grow, we host seminars on various topics. Among them was a grant writing seminar to help non-profit organizations secure much-needed funding.

Diversity, equity and inclusion

 

At Webster Five, we support an inclusive culture by acknowledging the unique experiences and perspectives each individual brings to our bank. This kind of culture is key to creating an exciting environment where customers want to do business and our team members want to work.

We are dedicated to nurturing a work environment where employees can feel accepted and valued for their diverse backgrounds and are able to bring their true selves to work every day. By embracing the richness of our unique perspectives, we are working to create a better, more rewarding place for our employees to work and ensuring we reflect the customers and communities we serve.

CEO Action for Diversity & Inclusion

On February 3, 2020, Webster Five became the first Worcester County based bank to join a growing coalition pledging to advance diversity and inclusion in the workplace. One of more than 900 CEOs that have come together for CEO Action for Diversity & Inclusion™, our President and CEO, Donald Doyle, committed himself and the bank to fostering an environment that embraces differences and acknowledges the challenges that can be caused by preconceptions and unconscious bias related to race, gender and disabilities.

In April 2021, CEO Action for Diversity & Inclusion is marking its third Day of Understanding – a dedicated time created to have candid conversations about diversity, inclusion and belonging within organizations and our communities. On Thursday, April 8th, Webster Five will join companies across the United States and hold our first annual Day of Understanding. Our DEI Committee and Senior Management Team will meet to explore and look deeper into how we can become better allies to support a more inclusive organization. The goal of these discussions is to further cultivate diversity, equity and inclusion conversations, embrace differences and increase our understanding. By encouraging these conversations, we are working to help empower our employees to be champions of change on these difficult, crucial issues.

Learn more about the CEO Action for Diversity & Inclusion™ pledge here.

Read our press release here.

 

Webster Five Diversity, Equity and Inclusion Committee

In order to uphold our commitment to diversity and inclusion, we have established a DEI Committee to bring together employees from across the bank to engage in diversity outreach initiatives involving both employees and the communities we serve. The committee meets regularly to discuss, communicate and create collaborations in ongoing and upcoming initiatives and events that support the goal of enhancing the environment for diversity, inclusion and equity across the bank.