Worcester Business Journal

Book of Lists 2023

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10 Worcester Business Journal | Book of Lists 2023 | wbjournal.com F O C U S B A N K I N G & F I N A N C E 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 1 Bank of America 306 Turnpike Road, Westborough 01581 508-366-1780 • bankofamerica.com $7.7 billion $2 trillion 22 3,905 $2.5 billion $1 billion $27.4 billion 139,438 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 $401.2 billion $169.3 billion $4 billion 27,744 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 $3.6 billion $26.8 million 495 Michael G. McAuliffe (3) president, chairman & CEO 1835 4 Santander Bank 507 Main St., Worcester 01608 508-890-6810 • santanderbank.com $2.7 billion $71.9 billion 24 482 $105.3 billion $59.1 billion $295.2 million 7,361 Timothy H. Wennes president & CEO 1907 5 Citizens Bank 34 Main St., Natick 01760 508-653-5100 • citizensbank.com $2.7 billion $181.6 billion 25 1,167 $222 billion $154.7 billion $2.2 billion 18,163 Bruce Van Saun chairman & CEO 2005 6 Berkshire Bank 303 Turnpike Road, Westborough 01581 508-366-4750 • berkshirebank.com $2.7 billion $10.3 billion 15 107 $12.3 billion $8.6 billion $99.8 million 1,328 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 $2.6 billion $2 billion $10.3 million 264 Robert Cozzone (4) 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 $2.6 billion $1.9 billion $20.1 million 257 Michael W. Welch CEO 1870 9 M&T Bank (5) 120 Front St., Worcester 01608 508-890-5199 • mtb.com $1.3 billion $173.1 billion 7 1,076 $202.4 billion $131 billion $2 billion 22,166 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 $1.5 billion $1.3 billion $7.6 million 173 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 $1.5 billion $1.1 billion $10.3 million 185 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 $9.1 million 166 Edward F. Manzi Jr. chairman & CEO 1888 13 Rockland Trust Co. 301 Grove St., Worcester 01605 508-926-8813 • rocklandtrust.com $974.3 million $16.8 billion 11 125 $19.4 billion $13.8 billion $268.3 million 1,670 Jeffrey J. Tengel (6) 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 $853.5 million $9 million 134 Donald F. Doyle president & CEO 1868 15 bankHometown 31 Sutton Ave., Oxford 01540 508-987-1200 • bankhometown.com $849.9 million $1.2 billion 10 16 $1.3 billion $931.9 million $13.6 million 143 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 $1.3 billion $1.1 billion $20.8 million 93 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 $904.9 million $626.6 million $1.4 million 104 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 $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 $496.5 million 5 $594.3 million Daniel Zona Citizens Bank 25 Middlesex Savings Bank 25 Santander Bank 24 Bank of America 22 TD Bank 22 Berkshire Bank 15 UniBank for Savings 14 Fidelity Bank 13 Cornerstone Bank 11 Rockland Trust Co. 11 Avidia Bank 10 bankHometown 10 Main Street Bank 10 Clinton Savings Bank 8 Rollstone Bank & Trust 8 Bay State Savings Bank 7 M&T Bank 7 Savers Bank 7 Webster Five Cents Savings Bank 7 Athol Savings Bank 5 Country Bank 5 Charles River Bank 4 Dean Bank 4 North Brookfield Savings Bank 4 Enterprise Bank & Trust Co. 3 Milford Federal Bank 3 MutualOne Bank 3 Needham Bank 3 Northern Bank & Trust 3 Eastern Bank 1 Millbury National Bank 1 The Village Bank 1 Alternative ranking: Banks, by local branches Central Mass. Bank branches

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