Currently employed as a VP, Business Lending Officer at Webster Five and Executive Director/Treasurer at The Webster Five Foundation. Ms. Thomas-Bonnick has over 25 years of experience in providing financing solutions to both for-profit and nonprofit businesses, including start-ups, women-owned businesses and automotive franchises. She has extensive knowledge of commercial, industrial and SBA-enhanced loan products. In addition to her banking experience, Monica was a nonprofit CFO as well as a Crain’s New York “Business 40 under 40” honoree. She was recently named to the Worcester Business Journal’s Power 50 Class of 2020.
Prior to joining Webster Five, she was an Auto Group Credit Officer for Santander Bank in Texas and a SBA credit approval officer for J.P. Morgan Chase. In addition, Ms. Thomas-Bonnick held several rolls at Bank of America, Fleet Boston and BankBoston First Community Bank. She earned her BA in finance from the University of Oklahoma and her MBA from Simmons University. After 10 years in Texas, Ms. Thomas-Bonnick is excited to be back in New England and involved in the Worcester community.
She is currently on the boards of Edward Street Child Services, YWCA Central MA, QCC Foundation, Worcester Area Mission Society and EforAll Worcester. Additionally, she serves a Corporator of the Greater Worcester Community Foundation and the Ecotarium.