16 Worcester Business Journal | February 19, 2024 | 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, 2023 ((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
$6.7 billion
$1.9 trillion
21
3,811
$2.5 trillion
$1 trillion
$24.2 billion
135,114
Edwin Thomas Shea Jr.
market president, Central Mass.
1904
2
TD Bank
370 Main St., Worcester 01608
508-368-6529 • tdbank.com
$3.8 billion
$303.9 billion
22
1,173
$366.3 billion
$177.5 billion
$1.9 billion
27,569
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
$3.7 billion
$4.9 billion
25
33
$6.3 billion
$3.8 billion
$16.4 million
511
Michael G. McAuliffe
(3)
president, chairman & CEO
1835
4
Santander Bank
507 Main St., Worcester 01608
508-890-6810 • santanderbank.com
$2.6 billion
$77.1 billion
22
439
$98.6 billion
$56.9 billion
$215.3 million
6,905
Timothy H. Wennes
president & CEO
1907
5
Citizens Bank
34 Main St., Natick 01760
508-653-5100 • citizensbank.com
$2.5 billion
$180.7 billion
24
1,093
$225 billion
$148.8 billion
$1.5 billion
17,841
Bruce Van Saun
chairman & CEO
2005
6
UniBank for Savings
49 Church St., Whitinsville 01588
508-234-8112 • unibank.com
$2.3 billion
$2.3 billion
14
14
$2.5 billion
$1.9 billion
$17.3 million
256
Michael W. Welch
CEO
1870
7
Berkshire Bank
303 Turnpike Road, Westborough 01581
508-366-4750 • berkshirebank.com
$2.3 billion
$10.2 billion
14
102
$12.1 billion
$8.9 billion
$75.9 million
1,331
Nitin Mhatre
CEO
1846
8
Avidia Bank
42 Main St., Hudson 01749
978-562-2222 • avidiabank.com
$2 billion
$2 billion
10
10
$2.6 billion
$2.1 billion
$9.9 million
254
Robert Cozzone
president & CEO
1869
9
Main Street Bank
81 Granger Blvd., Marlborough 01752
508-481-8300 • bankmainstreet.com
$1.3 billion
$1.3 billion
10
10
$1.7 billion
$1.3 billion
$4.7 million
186
Walter J. Dwyer IV
CEO
1860
10
Cornerstone Bank
230 Park Ave., Worcester 01609
508-421-8070 • cornerstonebank.com
$1.2 billion
$1.2 billion
10
10
$1.6 billion
$1.3 billion
$3.2 million
177
Todd R. Tallman
CEO
1871
11
Fidelity Bank (4)
9 Leominster Blvd., Leominster 01453
978-345-4331 • fidelitybankonline.com
$1.2 billion
$1.3 billion
13
14
$1.5 billion
$1.1 billion
$5.9 million
166
Edward F. Manzi Jr.
chairman & CEO
1888
12
Rockland Trust Co.
301 Grove St., Worcester 01605
508-926-8813 • rocklandtrust.com
$960.1 million
$15.4 billion
11
124
$19.4 billion
$14.1 billion
$190 million
1,700
Jeffrey J. Tengel
CEO
1907
13
MutualOne Bank
828 Concord St., Framingham 01701
508-820-4000 • mutualone.com
$919.2 million
$919.2 million
3
3
$1.3 billion
$1.1
billion
$15.9 million
92
Mark R. Haranas
president & CEO
1889
14
Webster Five Cents Savings Bank
35 Millbury St., Auburn 01501
800-696-9401 • web5.com
$917 million
$917 million
7
7
$1.2 billion
$911.8 million
$7.3 million
137
Donald F. Doyle
president & CEO
1868
15
bankHometown
31 Sutton Ave., Oxford 01540
508-987-1200 • bankhometown.com
$823.6 million
$1.2 billion
11
16
$1.4 billion
$1.1 billion
$13.5 million
141
Robert J. Morton
president & CEO
1889
16
Rollstone Bank & Trust
780 Main St., Fitchburg 01420
978-345-1061 • rollstonebank.com
$669.3 million
$669.3 million
8
8
$910.3 million
$637.3 million
-$585,000
103
Martin F. Connors Jr.
president & CEO
1846
17
Clinton Savings Bank
200 Church St., Clinton 01510
978-365-3700 • clintonsavings.com
$602.6 million
$602.6 million
9
9
$707.1 million
$511.9 million
$2.3 million
105
Robert J. Paulhus Jr.
president & CEO
1851
18
Savers Bank
$552.5 million 7
$720.3 million
Rosemary A. Picard
