Issue link: https://nebusinessmedia.uberflip.com/i/469117
www.wbjournal.com • Worcester Business Journal 75 CENTRAL MASS. 2025: BANKING & FINANCE See how they've grown Assets for locally headquartered banks in 1996 vs. 2013 Assets Assets Percent Banks in 1996 Banks as they are today in 1996 in 2013 Growth Source: WBJ files, Bauer Financial Services (Note: Data on assets for locally owned banks prior to 1996 was not available.) RBS Citizens ($98 billion in assets) • Community National Bank (formerly Hudson National Bank) - 2003 TD Bank ($215 billion in assets) • First Massachusetts Bank - 2000 • MetroWest Bank -2001 • BankNorth - 2004 Country Bank ($1.37 billion in assets) • Leicester Savings Bank -1997 Santander Bank ($74 billion in assets) • Sovereign Bank - 2009 United Bank ($5 billion in assets) • Commonwealth National Bank - 2009 • Merged with Rockville Bank (CT) -2013 • Flagship Bank/ Chittenden Corp. - 2008 • Butler Bank/Marlboro Co-operatve Bank - 2010 Peoples United Bank ($31 billion in assets) Commerce Bank & Trust Commerce Bank & Trust (acquired Mercantile Bank & Trust in 2012) $211.6M $1.68B 694% UniBank for Savings Unibank for Savings $259.3M $1.39B 438% Medway Co-operative Bank Charles River Bank (renamed in 2009) $58.9M $215.3M 266% Fidelity Co-operative Bank Fidelity Co-operative Bank (* acquired Shirley Co-Operative Bank in 1998) $141.8M Shirley Co-operative Bank $22.9M Total - $164.7M $561.8M 241% Clinton Savings Bank Clinton Savings Bank $138.7M $473.8M 241% Hudson Savings Bank Avidia Bank (new name after merger of banks in 2007) $201.4M Westborough Savings Bank $139.4M Total - $340.8M $1.13B 233% Marlborough Savings Bank Marlborough Savings Bank $141.7M $471.3M 233% Middlesex Savings Bank Middlesex Savings Bank $1.34B $4.03B 199% Fitchburg Savings Bank Rollstone Bank (renamed in 2008) $202.9M $589.3M 191% North Middlesex Savings Bank North Middlesex Savings Bank $121.4M $348.2M 187% Webster Co-operative Bank Hometown Bank (Webster Co-operative was renamed Hometown Bank in 1995; acquired Athol-Clinton Co-operative in 2011) $36.2M Athol-Clinton Co-operative Bank $95.4M Total - $131.6M $360.7M 174% Webster Five Cents Savings Bank Webster Five Cents Savings Bank $203.6M $552.5M 171% Southbridge Savings Bank Southbridge Savings Bank $179.8M $436.7M 143% Savers Co-operative Bank Savers Co-operative Bank $179M $428.6M 139% Millbury Savings Bank Millbury Savings Bank $89.9M $201.2M 124% Bay State Savings Bank Bay State Savings Bank $128M $286.3M 124% Spencer Savings Bank Spencer Savings Bank $177.8M $395.9M 123% Milford National Bank & Trust Milford National Bank & Trust $128M $277.8M 117% Athol Savings Bank Athol Savings Bank $161.5M $344.2M 113% Millbury National Bank Millbury National Bank $37M $74.6M 101% Barre Savings Bank Barre Savings Bank $75.5M $150.8M 100% Milford Federal Savings & Loan Milford Federal Savings & Loan $193.1M $345.8M 79% Framingham Co-operative Bank MutualOne Bank (new name in 2012 after merger) $190.3M Natick Federal Savings Bank $143.4M Total - $333.7M $557.6M 67% North Brookfield Savings Bank North Brookfield Savings Bank $89.3M $142.4M 60% Family Federal Savings & Loan Family Federal Savings & Loan $59.8M $95M 59% Colonial Co-operative Bank Colonial Co-operative Bank $49.2M $67.6M 37% Source: FDIC