16 Worcester Business Journal | February 20, 2023 | wbjournal.com
Top banks
Ranked by local deposits as of June 30, 2022 ((11))
Bank
Local
deposits/
total deposits
Local
branches/
U.S. branches
Companywide assets/
net loans and leases/
net income (2)
Companywide
employees Top local executive Year founded
1
Bank of America
306 Turnpike Road, Westborough 01581
508-366-1780 • bankofamerica.com
$8 billion
$2 trillion
23
3,905
$2.4 trillion
$1 trillion
$19.2 billion
135,411
Edwin Thomas Shea Jr.
market president, Central Mass.
1904
2
TD Bank
370 Main St., Worcester 01608
508-368-6529 • tdbank.com
$4.1 billion
$356.4 billion
22
1,162
$394.3 billion
$160.8 billion
$3.1 billion
26,024
Steve C. Webb
regional president, Southern New England
and Upstate New York
1852
3
Middlesex Savings Bank
6 Main St., Natick 01760
877-463-6287 • middlesexbank.com
$3.9 billion
$5.3 billion
25
33
$6.2 billion
$3.4 billion
$17.6 million
494
Michael G. McAuliffe
president, chairman & CEO
1835
4
Citizens Bank
34 Main St., Natick 01760
508-653-5100 • citizensbank.com
$3.2 billion
$181.6 billion
27
1,167
$224.5 billion
$156.2 billion
$1.5 billion
18,844
Bruce Van Saun
chairman & CEO
2005
5
Santander Bank
446 Main St., Worcester 01608
508-890-6810 • santanderbank.com
$2.9 billion
$71.9 billion
26
482
$96.5 billion
$56.1 billion
$268.4 million
7,547
Timothy H. Wennes
president & CEO
1907
6
Berkshire Bank
303 Turnpike Road, Westborough 01581
508-366-4750 • berkshirebank.com
$2.7 billion
$10.3 billion
15
107
$11.3 billion
$7.9 billion
$67.7 million
1,300
Nitin Mhatre
CEO
1846
7
Avidia Bank
42 Main St., Hudson 01749
978-562-2222 • avidiabank.com
$2.2 billion
$2.2 billion
10
10
$2.4 billion
$1.8 billion
$5.6 million
261
Mark R. O'Connell
(3)
president & CEO
1869
8
UniBank for Savings
49 Church St., Whitinsville 01588
508-234-8112 • unibank.com
$2.1 billion
$2.1 billion
14
14
$2.4 billion
$1.8 billion
$13.2 million
281
Michael W. Welch
CEO
1870
9
M&T Bank (4)
120 Front St., Worcester 01608
508-890-5199 • mtb.com
$1.3 billion
$173.1 billion
7
1,076
$197.7 billion
$126.3 billion
$1.2 billion
22,115
Patrick J. Sullivan
area executive, New England & senior
executive VP, M&T Bank
1856
10
Cornerstone Bank
230 Park Ave., Worcester 01609
508-421-8070 • cornerstonebank.com
$1.2 billion
$1.2 billion
11
11
$1.4 billion
$1.2 billion
$5.6 million
171
Todd R. Tallman
CEO
1871
11
Main Street Bank
81 Granger Blvd., Marlborough 01752
508-481-8300 • bankmainstreet.com
$1.2 billion
$1.2 billion
10
10
$1.4 billion
$1.1 billion
$7.4 million
173
Walter J. Dwyer IV
CEO
1860
12
Fidelity Bank
9 Leominster Blvd., Leominster 01453
978-345-4331 • fidelitybankonline.com
$1.1 billion
$1.1 billion
13
14
$1.4 billion
$1.1 billion
$6 million
151
Edward F. Manzi Jr.
chairman & CEO
1888
13
Rockland Trust Co.
58 Main St., Franklin 02038
508-520-3958 • rocklandtrust.com
$1 billion
$16.8 billion
12
125
$19.7 billion
$13.6
billion
$189.9 million
1,673
Jeffrey J. Tengel
(5)
CEO
1907
14
Webster Five Cents Savings Bank
136 Thompson Road, Webster 01570
800-696-9401 • web5.com
$933.5 million
$933.5 million
7
7
$1.1 billion
$789.7 million
$6.4 million
140
Donald F. Doyle
president & CEO
1868
15
bankHometown
31 Sutton Ave., Oxford 01540
508-987-1200 • bankhometown.com
$880.3 million
$1.2 billion
11
16
$1.4 billion
$819.1 million
$8.8 million
149
Robert J. Morton
president & CEO
1889
16
MutualOne Bank
828 Concord St., Framingham 01701
508-820-4000 • mutualone.com
$803.6 million
$803.6 million
3
3
$1.1 billion
$964.6 million
$12.7 million
88
Mark R. Haranas
president & CEO
1889
17
Rollstone Bank & Trust
780 Main St., Fitchburg 01420
978-345-1061 • rollstonebank.com
$723.1 million
$723.1 million
8
8
$881 million
$614.9 million
$177,000
102
Martin F. Connors Jr.
president & CEO
1846
18
Clinton Savings Bank
200 Church St., Clinton 01510
978-365-3700 • clintonsavings.com
$570 million
$570 million
8
8
$659.4 million
$470.6 million
$1.5 million
97
Robert J. Paulhus Jr.
president & CEO
1851
19
Savers Bank
270 Main St., Southbridge 01550
508-764-4329 • saversbank.com
$554.3 million
$554.3 million
7
7
$670.9 million
$496.5 million
$3.4 million
80
Rosemary A. Picard
president & CEO
1910
20
Athol Savings Bank
$496.5 million 5
$563.4 million
Daniel Zona
F O C U S B A N K I N G & F I N A N C E
