Worcester Business Journal

March 9, 2026

Issue link: https://nebusinessmedia.uberflip.com/i/1543713

Contents of this Issue

Navigation

Page 16 of 23

wbjournal.com | March 9, 2026 | Worcester Business Journal 17 Largest banks Ranked by local deposits as of June 30, 2025 ((11)) Bank (2) Local deposits/ (3) total deposits (4) Local branches/ (3) U.S. branches/ (4) total employees (4) Total assets/ (4) net loans and leases/ (4) net income (5) Top executive Year founded 1 Bank of America 306 Turnpike Road, Westborough 01581 508-366-1780 • bankofamerica.com $6 billion $2 trillion 20 3,631 135,643 $2.7 trillion $1.1 trillion $22.5 billion Michael Garand market president, Central Mass. 1904 2 TD Bank 407 Boston Post Road, Sudbury 01776 978-443-3399 • tdbank.com $4.1 billion $287.1 billion 20 1,104 28,266 $350.9 billion $164.9 billion $1.5 billion 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 35 506 $6.1 billion $3.5 billion $24.1 million Dana Neshe president, chairman & CEO 1835 4 Citizens Bank 270 Great Road, Acton 01720 978-263-8376 • citizensbank.com $2.6 billion $183.7 billion 20 990 17,158 $222.1 billion $140.4 billion $1.4 billion Bruce Van Saun chairman & CEO 2005 5 Santander Bank 490 Cochituate Road, Framingham 01701 508-370-0601 • santanderbank.com $2.5 billion $74.4 billion 18 381 5,217 $97.7 billion $48.5 billion $874.3 million Christiana Riley president & CEO 1907 6 UniBank for Savings 49 Church St., Whitinsville 01588 508-234-8112 • unibank.com $2.5 billion (6) $2.2 billion 15 15 270 $2.8 billion $2.1 billion $16.7 million Edward Augustus (7) CEO 1870 7 Avidia Bancorp Inc. (8) 42 Main St., Hudson 01749 978-562-2222 • avidiabank.com $2.5 billion (6) $2.2 billion 10 10 246 $2.8 billion $2.3 billion -$920,000 Robert Cozzone president & CEO 1869 8 Beacon Bank (9) 386 Main St., Worcester 01608 508-797-6844 • beaconbank.com $2.3 billion (10) $19.1 billion 12 (10) 151 2,028 $22.8 billion $18.1 billion -$4.8 million Paul A. Perrault CEO 1846 9 Main Street Bank 81 Granger Blvd., Marlborough 01752 508-481-8300 • bankmainstreet.com $1.4 billion (6) $1.3 billion 6 6 156 $1.7 billion $1.3 billion $8.6 million Walter J. Dwyer IV CEO 1860 10 Cornerstone Bank (11) 176 Main St., Spencer 01562 800-939-9103 • cornerstonebank.com $1.3 billion $1.4 billion 12 12 195 $1.8 billion $1.4 billion $3.5 million Todd R. Tallman CEO 1871 11 Fidelity Bank (12) 9 Leominster Connector, Leominster 01453 978-345-4331 • fidelitybankonline.com $1.3 billion $1.3 billion 12 13 118 $1.4 billion $1.1 billion -$3.3 million Matthew Burke chairman & CEO 1888 12 Rockland Trust Co. (13) 58 Main St., Franklin 02038 508-520-3958 • rocklandtrust.com $1.2 billion (14) $20.4 billion 12 (14) 152 2,277 $25 billion $18.3 billion $147 million Jeffrey J. Tengel president & CEO 1907 13 Webster Five Cents Savings Bank 136 Thompson Road, Webster 01570 508-943-9401 • web5.com $1 billion $1 billion 7 7 141 $1.3 billion $995.3 million $7.5 million Brian Westerlind president & CEO 1868 14 bankHometown 31 Sutton Ave., Oxford 01540 508-987-1200 • bankhometown.com $942.5 million $1.4 billion 10 16 147 $1.6 billion $1.3 billion $15 million Robert J. Morton president & CEO 1889 15 MutualOne Bank 828 Concord St., Framingham 01701 508-820-4000 • mutualone.com $853.8 million $863.5 million 3 3 104 $1.2 billion $997.8 million -$7.5 million Kristin Carvalho president & CEO 1889 16 Rollstone Bank & Trust 24 Monument Square, Leominster 01453 857-419-3955 • rollstonebank.com $706.3 million (6) $687.8 million 8 8 89 $905 million $630 million -$3.1 million Mary Beth Jokela president & CEO 1846 17 Clinton Savings Bank 200 Church St., Clinton 01510 978-365-3700 • clintonsavings.com $591.2 million (6) $565.7 million 8 8 101 $747.4 million $525.1 million -$1.1 million Mary T. Dean president & CEO 1851 18 Needham Bank 17 W. Central St., Natick 01760 508-647-4999 • needhambank.com $581.6 million $4.6 billion 3 12 391 $5.4 billion $4.7 billion $39.6 million Joseph Campanelli president & CEO 1892 19 Athol Savings Bank, a division of Cornerstone Bank (11) 388 Main St., Athol 01331 978-249-3200 • atholsb.com $558.4 million (6) $554.1 million 5 5 78 $681.2 million $431.9 million $4.4 million Daniel Zona president, Cornerstone Bank 1867 20 Savers Bank 38 Auburn St., Auburn 01501 508-832-3251 • saversbank.com $553.8 million $571 million 7 7 88 $794.6 million $610.7 million $2 million Rosemary A. Picard president & CEO 1910 21 Bay State Bank 28 Franklin St., Worcester 01608 508-890-9000 • baystatesavings.com $494.2 million $520.8 million 7 79 $581.4 million $453.6 million $1.3 million Seth A. Pitts president & CEO 1895 22 Enterprise Bank & Trust Co. (13) 420 John Fitch Highway, Fitchburg 01420 $484.7 million (15) N/A 3 (15) N/A N/A N/A Steven R. Larochelle (16) consultant, Rockland Trust 1989 BANKING & FINANCE F O C U S

Articles in this issue

Links on this page

Archives of this issue

view archives of Worcester Business Journal - March 9, 2026