16 Worcester Business Journal | March 10, 2025 | wbjournal.com
F O C U S B A N K I N G & F I N A N C E
Largest banks
Ranked by local deposits as of June 30, 2024 ((11))
Bank
Local deposits/
total deposits
Local branches/
U.S. branches (2)
Total assets/
net loans and
leases/
net income
(3)
Total
employees Top local executive Year founded
1
Bank of America NA
306 Turnpike Road, Westborough
01581
508-366-1780 • bankofamerica.com
$6.2 billion
$1.9 trillion
20
3,677
$2.6 trillion
$1.1 trillion
$27.2 billion
137,857
Michael Garand
market president, Central Mass.
1904
2
TD Bank
370 Main St., Worcester 01608
508-368-6529 • tdbank.com
$4.1 billion
$297.2 billion
22
1,138
$372.8 billion
$179.4 billion
-$1.4 billion
27,559
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
$5.2 billion
26
35
$6.1 billion
$3.6 billion
$12.5 million
489
Dana Neshe
president, chairman & CEO
1835
4
Citizens Bank
34 Main St., Natick 01760
508-653-5100 • citizensbank.com
$2.6 billion
$178 billion
22
1,022
$217.2 billion
$138.1 billion
$1.6 billion
16,938
Bruce Van Saun
chairman & CEO
2005
5
Santander Bank
507 Main St., Worcester 01608
508-890-6810 • santanderbank.com
$2.6 billion
$76.9 billion
18
401
$102.7 billion
$50 billion
$630.3 million
4,316
Christiana Riley
president & CEO
1907
6
Berkshire Bank
386 Main St., Worcester 01608
508-797-6844 • berkshirebank.com
$2.5 billion
$10.5 billion
12
86
$12.3 billion
$9.3 billion
$73.3 million
1,216
Nitin Mhatre
CEO
1846
7
UniBank for Savings
49 Church St., Whitinsville 01588
508-234-8112 • unibank.com
$2.4 billion
(4)
$2.1 billion
14
15
$2.6 billion
$2 billion
$18.7 million
252
Michael W. Welch
CEO
1870
8
Avidia Bank
42 Main St., Hudson 01749
978-562-2222 • avidiabank.com
$2 billion
$2.1 billion
10
10
$2.7 billion
$2.2 billion
$12.6 million
248
Robert Cozzone
president & CEO
1869
9
Main Street Bank
81 Granger Blvd., Marlborough 01752
508-481-8300 • bankmainstreet.com
$1.4 billion
(4)
$1.3 billion
10
10
$1.6 billion
$1.3 billion
$8.1 million
138
Walter J. Dwyer IV
CEO
1860
10
Cornerstone Bank (5)
230 Park Ave., Worcester 01609
508-421-8070 • cornerstonebank.com
$1.3 billion
$1.3 billion
11
11
$1.7 billion
$1.3 billion
-$2.9 million
182
Todd R. Tallman
CEO
1871
11
Fidelity Bank (6)
9 Leominster Blvd., Leominster 01453
978-345-4331 • fidelitybankonline.com
$1.3 billion
$1.4 billion
13
14
$1.6 billion
$1.1 billion
$7.9 million
169
Edward F. Manzi Jr.
chairman & CEO
1888
12
Rockland Trust Co.
301 Grove St., Worcester 01605
508-926-8813 • rocklandtrust.com
$1.1 billion
$15.4 billion
11
124
$19.4 billion
$14.3 billion
$197.6 million
1,770
Jeffrey J. Tengel
CEO
1907
13
Webster Five Cents Savings Bank
136 Thompson Road, Webster 01570
800-696-9401 • web5.com
$968.3 million
$980.9
million
7
7
$1.3 billion
$999.2 million
$6.8 million
138
Donald F. Doyle
(7)
president & CEO
1868
14
bankHometown
31 Sutton Ave., Oxford 01540
508-987-1200 • bankhometown.com
$898.4 million
$1.3 billion
11
16
$1.5 billion
$1.2 billion
$17.5 million
149
Robert J. Morton
president & CEO
1889
15
MutualOne Bank
828 Concord St., Framingham 01701
508-820-4000 • mutualone.com
$892.3 million
(4)
$869.9 million
3
3
$1.3 billion
$1.1 billion
$17.5 million
101
Kristin Carvalho
president & CEO
1889
16
Rollstone Bank & Trust
24 Monument Square, Leominster
01453
857-419-3955 • rollstonebank.com
$689.6 million
$692.5 million
8
8
$912.4 million
$650.2 million
$1.4 million
101
Martin F. Connors Jr.
president & CEO
1846
17
Clinton Savings Bank
200 Church St., Clinton 01510
978-365-3700 • clintonsavings.com
$592.3 million
$604.4 million
9
10
$742 million
$528.7 million
-$1.4 million
102
Robert J. Paulhus Jr.
(8)
president & CEO
1851
18
Savers Bank
38 Auburn St., Auburn 01501
508-832-3251 • saversbank.com
$544.5 million
$554.5 million
7
7
$770.2 million
$585.4 million
$3.5 million
86
Rosemary A. Picard
president & CEO
1910
19
Athol Savings Bank
388 Main St., Athol 01331
978-249-3200 • atholsb.com
$511.1 million
$522 million
5
5
$640.8 million
$423.8 million
$4.5 million
75
Daniel Zona
president & CEO
1867
20
Needham Bank
17 W. Central St., Natick 01760
$501.5 million
$4.2 billion
3
12
$5 billion
$4.3 billion 376
Joseph Campanelli
president & CEO
1892
