Issue link: https://nebusinessmedia.uberflip.com/i/474811
10 MetroWest495 Biz | October 2014 Top Banks in MetroWest Ranked by local deposits, June 30, 2014 Bank * MetroWest Deposits/ Total Deposits MetroWest Branches/ Total Branches Assets/ Net income/ Net Loans and Leases No. of employees Top Local Executive ** Year founded 1 Bank of America 52 Main St. Concord, MA 01742 800-432-1000• www.bankofamerica.com $3,758,881,000 $1,128,233,000,000 30 5,094 $1,454,742,000,000 $6,181,000,000 $759,562,000,000 154,027 Robert E. Gallery Massachusetts President 1904 2 Middlesex Savings Bank 6 Main St. Natick, MA 01760 877-463-6287• www.middlesexbank.com $3,258,682,000 $3,538,099,000 28 31 $4,092,829,000 $17,179,000 $2,532,713,000 491 John R. Heerwagen Chairman, President, & CEO 1835 3 RBS Citizens 34 Main St. Natick, MA 01760 800-922-9999• www.citizensbank.com $1,868,412,000 $69,512,212,000 32 862 $100,642,478,000 $462,237,000 $71,660,350,000 14,844 Girard R. Sargent President, Citizens Bank Massachusetts 1828 4 TD Bank 25 Prospect St. Framingham, MA 01701 888-751-9000• www.tdbank.com $1,525,257,000 $186,013,883,000 19 1,328 $219,657,450,000 $633,062,000 $104,861,037,000 25,098 Mark Crandall Regional President, CT, MA, & RI 1852 5 Santander Bank *** 5 Whittier St. Framingham, MA 01701 877-768-2265 • www.santander.com $1,304,147,000 $51,706,860,000 25 702 $77,251,104,000 $158,160,000 $51,187,299,000 8,941 Roman Blanco President and CEO, Santander US 1902 6 Avidia Bank 42 Main St. Hudson, MA 01749 800-508-2265• www.avidiabank.com $698,571,000 $771,889,000 7 9 $1,137,873,000 $3,432,000 $851,623,000 181 Mark R. O'Connell President & CEO 2007 **** 7 Rockland Trust Co. 58 Main St. Franklin, MA 02038 800-222-2299• www.rocklandtrust.com $475,921,000 $5,315,525,000 6 79 $6,349,227,000 $29,549,000 $4,847,074,000 1,012 Christopher Oddleifson President & CEO 1907 8 MututalOne Bank ***** 828 Concord St. Framingham, MA 01701 508-820-4000• www.mutualone.com $440,845,000 $440,845,000 3 3 $562,703,000 $3,670,000 $454,485,000 78 Mark Haranas President & CEO 1889 9 Martlborough Savings Bank 81 Granger Blvd. Marlborough, MA 01752 508-481-8300• agreatbank.com $395,259,000 $395,259,000 6 6 $480,849,000 $1,529,000 $306,031,000 83 Rick Bennett President & CEO 1860 10 Enterprise Bank and Trust Co. 185 LIttleton Rd. Chelmsford, MA 01824 877-671-2265• www.enterprisebanking.com $376,973,000 $1,747,128,000 4 22 $1,932,386,000 $7,298,000 $1,567,306,000 427 John Clancy Jr. CEO 1989 11 The Milford National Bank and Trust Company 300 E. Main St.. Milford, MA 01757 508-634-4100• www.milfordnationalonline.com $254,472,000 $254,472,000 6 6 $285,939,000 $363,000 $230,721,000 70 Kristin T. Carvalho President 1849 Source: Federal Deposit Insurance Corp. Local deposits represent deposits at bank locations within the MetroWest region. Total deposits, assets, net income, net loans and leases, and employees numbers are from June 30, 2014, and are for the entire bank network. Total number of offices are domestic only and both total and local branch counts are current as of September 25, 2014. * The bank address listed is either the main office for a local bank or the branch with the largest amount of deposits for a regional/national bank. ** Either the person in charge for the region (if the information can be obtained) or in charge of the entire bank network. *** On Oct. 17, 2013, the former Sovereign Bank changed its name to Santander Bank. **** Avidia was formed after the merger of Hudson Savings Bank and Westborough Savings Bank, both of which were founded in 1869. ***** Formerly Framingham Cooperative Bank and formed from a merger on July 1, 2012, with Natick Federal Savings Bank. - Compiled by: Roger Magnus, rmagnus@nebusinessmedia.com the LIst