wbjournal.com | Book of Lists 2023 | Worcester Business Journal 11
F O C U S B A N K I N G & F I N A N C E F O C U S
Top banks
Ranked by local deposits as of June 30, 2022 ((11))
Bank
Local
deposits/
total deposits
Local
branches/
U.S. branches
Total assets/
net loans and leases/
net income (2)
Total
employees Top local executive Year founded
18
Clinton Savings Bank
200 Church St., Clinton 01510
978-365-3700 • clintonsavings.com
$570 million
$570 million
8
8
$706.6 million
$505.2 million
$3.7 million
102
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
$710.6 million
$513.5 million
$5.2 million
84
Rosemary A. Picard
president & CEO
1910
20
Athol Savings Bank
388 Main St., Athol 01331
978-249-3200 • atholsb.com
$496.5 million
$496.5 million
5
5
$594.3 million
$374.5 million
$1.2 million
79
Daniel Zona
president & CEO
1867
21
Bay State Savings Bank
28 Franklin St., Worcester 01608
508-890-9000 • baystatesavings.com
$460 million
$460 million
7
7
$534.3 million
$435.7 million
$2.5 million
83
Peter B. Alden
president & CEO
1895
22
Enterprise Bank & Trust Co.
65 Main St., Leominster 01453
978-656-5689 • enterprisebanking.com
$451.7 million
$4 billion
3
27
$4.4 billion
$3.2 billion
$45.6 million
561
John Clancy Jr.
CEO
1989
23
Dean Bank
21 Main St., Franklin 02038
508-528-0088 • deanbank.com
$415.6 million
$415.6 million
4
4
$444.4 million
$299.6 million
$3 million
70
Kevin R. Goffe
president & CEO
1889
24
Country Bank
278 Park Ave., Worcester 01609
800-322-8233 • countrybank.com
$362.4 million
$1.4 billion
5
13
$1.8 billion
$1.3 billion
$15 million
209
Paul F. Scully
president & CEO
1850
25
Milford Federal Bank
246 Main St., Milford 01757
508-634-2500 • milfordfederal.com
$357.5 million
$396.4 million
3
4
$498.2 million
$420.8 million
$2.1 million
66
Paul Gilbody
president & CEO
1937
26
Charles River Bank
70 Main St., Medway 02053
508-533-8661 • charlesriverbank.com
$307.2 million
$307.2 million
4
4
$317.6 million
$213.8 million
$1.1 million
50
Derek Plourde
president & CEO
1915
27
Needham Bank
41 Front St., Ashland 01721
508-881-1088 • needhambank.com
$295.6 million
$2.7 billion
3
12
$3.7 billion
$3.2 billion
$30.1 million
317
Joseph Campanelli
president & CEO
1892
28
North Brookfield Savings Bank
35 Summer St., North Brookfield 01535
508-556-4225 •
northbrookfieldsavingsbank.com
$229 million
$317.8 million
4
8
$391.1 million
$262.3 million
$1.2 million
60
Marco F. Bernasconi Jr.
president & CEO
1854
29
The Village Bank
62 Boston Post Road, Wayland 01778
617-969-4300 • village-bank.com
$163.2 million
$1.5 billion
1
9
$1.9 billion
$1.5 billion
$14.3 million
135
Joseph A. De Vito
president & CEO
1910
30
Northern Bank & Trust
265 Great Road, Littleton 01460
978-486-3543 • nbtc.com
$155 million
$2.3 billion
3
15
$2.8 billion
$2.5 billion
$65.4 million
241
James J. Mawn
president & CEO
1960
31
Eastern Bank
2 South Ave., Natick 01760
508-655-4101 • easternbank.com
$116.5 million
$19.3 billion
1
98
$22.7
billion
$13.5 billion
$204 million
2,078
Robert F. Rivers
chair & CEO
1818
32
Millbury National Bank
18 Main St., Millbury 01527
508-865-9521 • mnbonline.com
$101.6 million
$101.6 million
1
1
$114 million
$79.7 million
$891,000
20
Kathleen C. Marcum
president & CEO
1825
Sources: Federal Deposit Insurance Corp., bank websites and press releases. Note: Local deposits are deposits attributable to offices in Worcester County and MetroWest.
(1) Data for deposits and branches as of June 30, 2022; assets, net loans & leases and total employees as of March 31, 2023; net income as of Dec. 31, 2022
(2) Cumulative four quarters for calendar year ending Dec. 31, 2022
-Compiled by: Stephanie R. Meagher, smeagher@nebusinessmedia.com
