Worcester Business Journal

February 3, 2020

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16 Worcester Business Journal | February 3, 2020 | wbjournal.com LO KING Many of our doctors are welcoming new patients. Meet them at reliantmedicalgroup.org. for a new doctor? Top banks in Central Massachusetts Ranked by local deposits as of June 30, 2019 Bank Local deposits/ Total deposits Local branches/ U.S. branches Assets/ net income (loss)/ net loans and leases No. of employees Top local executive Year founded 1 Bank of America 365 Main St., Worcester 01608 508-751-8060 • bankofamerica.com $5,276,615,000 $1,353,686,805,000 31 4,335 $1,812,976,000,000 $22,030,400,000 $959,187,000,000 137,694 Edwin Thomas Shea Jr. market president, Central Mass. 1904 2 Middlesex Savings Bank 6 Main St., Natick 01760 508-653-0300 • www.middlesexbank.com $3,055,695,000 $4,198,544,000 24 32 $4,941,035,000 $30,187,000 $3,172,818,000 518 Michael G. McAuliffe president & CEO 1835 3 TD Bank 370 Main St., Worcester 01608 508-368-6529 • www.tdbank.com $2,888,125,000 $258,573,086,000 25 1,244 $311,037,541,000 $1,993,154,000 $150,979,524,000 25,935 Steve C. Webb regional president, Southern New England 1852 4 Santander Bank 446 Main St., Worcester 01608 508-890-6810 • www.santanderbank.com $2,232,505,000 $58,139,076,000 613 613 $83,543,310,000 $244,952,000 $54,741,368,000 9,911 Timothy H. Wennes president & CEO Santander US 1907 5 Citizens Bank 28 State St., Boston 02109 800-852-5577 • www.citizensbank.com $2,106,846,000 $125,246,311,000 29 1,105 $164,652,403,000 $1,352,646,000 $118,481,602,000 17,972 Bruce Van Saun chairman and CEO 1828 6 UniBank for Savings 49 Church St., Whitinsville 01588 508-234-8112 • www.unibank.com $1,619,317,000 $1,619,317,000 14 14 $1,763,811,000 $8,065,000 $1,290,982,000 300 Michael Welch CEO 1870 7 Berkshire Bank 303 Turnpike Road, Westborough 01581 508-366-4750 • www.berkshirebank.com $1,546,415,000 $10,642,662,000 15 134 $13,504,792,000 $70,279,000 $10,070,517,000 1,732 Sean Gray president & COO 1846 8 Avidia Bank 42 Main St., Hudson 01749 978-562-2222 • www.avidiabank.com $1,348,591,000 $1,348,591,000 10 10 $1,659,926,000 $6,071,000 $1,251,987,000 243 Mark R. O'Connell president & CEO 1869 9 Cornerstone Bank 230 Park Ave., Worcester 01609 508-421-8070 • www.cornerstonebank.com $878,564,000 $878,564,000 13 13 $1,149,873,000 $4,526,000 $990,798,000 168 K. Michael Robbins chairman & CEO 1871 10 Fidelity Bank (a) 675 Main St., Fitchburg 01420 978-345-4331 • www.fidelitybankonline.com $862,864,000 $862,864,000 13 13 $1,001,999,000 $4,368 $792,191,000 163 Edward F. Manzi Jr. chairman & CEO 1888 11 Main Street Bank 81 Granger Blvd., Marlborough 01752 508-481-8300 • www.bankmainstreet.com $862,788,000 $862,788,000 13 13 $1,032,828,000 $3,780,000 $818,548,000 175 Walter J. Dwyer IV CEO 1860 12 MutualOne Bank 828 Concord St., Framingham 01701 508-820-4000 • www.mutualone.com $781,330,000 $781,330,000 3 3 $983,289,000 $9,992,000 $762,730,000 91 Mark Haranas president & CEO 1889 13 Webster Five Cents Savings Bank 136 Thompson Road, Webster 01570 800-696-9401 • www.web5.com $658,557,000 $658,557,000 7 7 $882,406,000 $4,690,000 $689,156,000 153 Donald F. Doyle president & CEO 1868 14 People's United Bank 120 Front St., Worcester 01608 508-890-5199 • www.peoples.com $601,275,000 $39,832,882,000 6 414 $51,819,330,000 $398,673,000 $38,592,210,000 5,810 Patrick J. Sullivan president, Mass. 1988 15 Rockland Trust Co. 58 Main St., Franklin 02038 508-520-3958 • www.rocklandtrust.com $488,656,000 $9,358,652,000 6 97 $11,540,305,000 $1,308,000 $299,055,000 1,340 Christopher Oddleifson CEO 1907 Source: Federal Deposit Insurance Corp. Notes: Local deposits represent deposits at bank locations within Central Massachusetts. Local and total deposits are as of June 30, 2019. Assets, net income, net loans and leases, as well as employee data are for entire bank network as of September 30, 2019. Number of employees represents full-time equivalents. For companies based outside Central Massachusetts, the address listed is a regional headquarters or local office. Branch locations are as of June 2019. For the full list of 37 banks, see WBJ's digital edition. (a) Merger with Family Federal Savings effective Jan. 1, 2020 - Compiled by: Timothy Doyle, tdoyle@nebusinessmedia.com Source: Federal Deposit Insurance Corp. Notes: Local deposits represent deposits at bank locations within Central Massachusetts. Local and total deposits are as of June 30, 2019. Assets, net income, net loans and leases, as well as employee data are for entire bank network as of September 30, 2019. Number of employees represents full-time equivalents. For companies based outside Central Massachusetts, the address listed is a regional headquarters or local office. Branch locations are as of June 2019. For the full list of 37 banks, see WBJ's digital edition. (a) Merger with Family Federal Savings effective Jan. 1, 2020 - Compiled by: Timothy Doyle, tdoyle@nebusinessmedia.com Top banks in Central Mass. Ranked by local deposits as of June 30, 2019 F O C U S B A N K I N G & F I N A N C E

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