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Top banks
Ranked by local deposits, June 30, 2014
Bank *
Local deposits/
Total deposits
Local
branches/
Total
branches **
Assets/
Net income (loss)/
Net loans and leases
No. of
employees *** Top local executive
Year
founded
1
Bank of America
1270 Worcester Rd., Framingham 01702
508-879-3605 • www.bankofamerica.com
$4,069,968,000
$1.046 trillion
40
5,029
$1,524,575,000,000
$9,545,000,000
$743,108,000,000
151,072
Robert E. Gallery
President of Bank of America,
Massachusetts
1904
2
Middlesex Savings Bank
6 Main St., Natick 01760
508-653-0300 • www.middlesexbank.com
$2,466,173,000
$3,538,099,000
24
31
$4,213,655,000
$24,696,000
$2,535,237,000
504
John R. Heerwagen
Chairman, President & CEO
1835
3
TD Bank
370 Main St., Worcester 01608
508-368-6529 • www.tdbank.com
$2,207,482,000
$185,609,655,000
28
1,324
$224,995,563,000
$886,197,000
$107,764,903,000
25,125
Mark Crandall
Regional President, Connecticut/
Massachusetts/Rhode Island
1852
4
Santander Bank
446 Main St., Worcester 01608
508-890-6810 • www.santanderbank.com
$1,900,426,000
$51,087,663,000
41
703
$77,335,367,000
$273,932,000
$49,771,299,000
9,081
Roman Blanco
President & CEO Santander Bank and
Santander Holdings USA
1907
5
RBS Citizens
34 Main St., Natick 01760
508-653-5100 • www.citizensbank.com
$1,684,826,000
$68,755,303,000
32
865
$101,843,177,000
$635,823,000
$72,769,576,000
14,673
Girard R. Sargent
President, Citizens Bank,
Massachusetts
2005
6
Commerce Bank & Trust Co.
386 Main St., Worcester 01608
508-797-6800 • www.bankatcommerce.com
$1,503,399,000
$1,700,307,000
14
17
$1,807,413,000
$10,403,000
$1,144,958,000
222
Brian W. Thompson
President & CEO
1955
7
UniBank for Savings
49 Church St., Whitinsville 01588
508-234-8112 • www.unibank.com
$1,381,870,000
$1,381,870,000
11
11
$1,494,617,000
$6,877,000
$987,428,000
207
James F. Paulhus
President & CEO
1870
8
Avidia Bank
42 Main St., Hudson 01749
800-508-2265 • www.avidiabank.com
$771,889,000
$771,889,000
9
9
$1,171,498,000
$5,658,000
$863,842,000
181
Mark R. O'Connell
President & CEO
1869
9
Fidelity Co-operative Bank
9 Leominster Connector, Leominster 01453
978-870-1400 • www.fidelitybankonline.com
$491,296,000
$491,296,000
8
8
$594,266,000
$377,000
$444,585,000
124
Edward F. Manzi, Jr.
Chairman & CEO
1888
10
MutualOne Bank
828 Concord St., Framingham 01701
508-820-4000 • www.mutualone.com
$440,845,000
$440,845,000
3
3
$582,667,000
$5,242,000
$468,973,000
77
Mark Haranas
President & CEO
1889
11
People's United Bank
120 Front St., Worcester 01608
508-890-5199 • www.peoples.com
$437,488,000
$24,109,842,000
8
410
$34,531,118,000
$196,997,000
$25,837,986,000
5,132
Patrick J. Sullivan
President, Eastern Massachusetts
1988
12
Webster Five Cents Savings Bank
136 Thompson Rd., Webster 01570
508-943-9401 • www.web5.com
$435,029,000
$435,029,000
7
7
$622,995,000
$3,643,000
$439,271,000
125
Richard T. Leahy
President & CEO
1868
13
Marlborough Savings Bank
81 Granger Blvd., Marlborough 01752
508-481-8300 • www.agreatbank.com
$395,259,000
$395,259,000
6
6
$485,972,000
$2,396,000
$312,921,000
82
Rick Bennett
President & CEO
1860
14
Clinton Savings Bank
200 Church St., Clinton 01510
978-365-3700 • www.clintonsavings.com
$386,937,000
$386,937,000
7
7
$479,752,000
$2,364,000
$354,011,000
100
Robert J. Paulhus, Jr.
President & CEO
1851
Source: Federal Deposit Insurance Corp. Notes: Local deposits represent deposits at bank locations within Central Massachusetts. Assets, net income, net loans and leases, as well as employer data, are as of Sept. 30, 2014 and for entire bank
network. Number of bank locations is as of Jan. 8, 2015. For companies based outside Central Massachusetts, the address listed is a regional headquarters or local office.
* Address listed represents the branch containing the highest deposits within our readership area.
** U.S. only.
*** Full-time equivalents as of June 30, 2014.
- Compiled by: Roger Magnus and Heide Martin, rmagnus@nebusinessmedia.com
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possible. To correct an error or submit information, please
contact Roger Magnus, research director, at
rmagnus@nebusinessmedia.com, or at 508-755-8004, ext. 263.
