Worcester Business Journal

Book of Lists 2015

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www.wbjournal.com Book Of Lists 2015 • Worcester Business Journal 11 At Clinton Savings Bank it is our pleasure to handle your personal and c commercial banking needs with something as simple as a phone call. Stop in, call, or visit us online today and let us change how you do business banking. "Len is great to work with, and IS ALWAYS READY WITH A solution Len Anctil Senior Vice President Senior Commercial Lending Officer Clinton Savings Bank Ron Burton, Jr. President & Executive Director Ron Burton Training Village 38 Salem Five 19 Concord Rd., Sudbury 01776 978-579-0592 • www.salemfive.com $66,298,000 $2,644,084,000 1 31 $3,577,175,000 $19,279,000 $2,352,305,000 520 Joseph Gibbons 10 President & CEO 1855 39 Colonial Co-operative Bank 6 City Hall Ave., Gardner 01440 978-632-0171 • www.colonial4banking.com $63,697,000 $63,697,000 2 2 $67,469,000 $57,000 $56,900,000 24 Joseph Guercio President & Chief Loan Officer 1915 40 Bristol County Savings Bank 375 W. Central St., Franklin 02038 508-528-2666 • www.bristolcountysavings.com $40,872,000 $1,177,074,000 1 17 $1,577,960,000 $7,903,000 $1,221,224,000 375 Patrick J. Murray, Jr. President & CEO 1846 41 Eastern Bank 2 South Ave., Natick 01760 508-655-4101 • www.easternbank.com $38,191,000 $7,218,552,000 1 102 $8,811,658,000 $45,400,000 $5,758,353,000 1,587 Richard E. Holbrook Chairman & CEO 1818 42 Cambridge Savings Bank 145 Great Rd., Acton 01720 617-575-8514 • www.cambridgesavings.com $36,310,000 $2,061,682,000 1 18 $2,746,013,000 $11,160,000 $2,022,895,000 330 Wayne J. Patenaude President & CEO 1834 43 Family Federal Savings and Loan 130 Whalon St., Fitchburg 01420 978-353-0000 • www.familyfederal.com $35,396,000 $81,045,000 2 3 $94,483,000 $190,000 $52,880,000 19 David Brassard President & CEO 1877 44 Lowell Five Cent Savings Bank 65 Groton St., Pepperell 01463 978-433-8500 • www.lowellfive.com $23,783,000 $797,259,000 1 16 $949,090,000 $3,083,000 $650,736,000 208 David E. Wallace President & CEO 1854 45 NorthEast Community Bank 35 Edgell Rd., Framingham 01701 508-879-0006 • www.necommunitybank.com $21,410,000 $346,799,000 1 9 $490,613,000 $1,064,000 $414,503,000 98 Jose M. Collazo President & COO 1934 46 First Niagara Bank NA 115 E. Main St., Webster 01570 508-949-2221 • www.firstniagara.com $13,395,000 $27,963,270,000 1 428 $37,905,354,000 ($756,419,000) $22,570,392,000 5,768 Gary M. Crosby President & CEO 1870 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. 1 Address listed represents the branch containing the highest level of deposits within our readership area. 2 U.S. only. 3 Full-time equivalents as of June 30, 2014. 4 Will be retiring in May 2016 and succeeded by Donald Doyle 5 Branch closings are planned for the Northborough and Whitinsville sites on an undisclosed date. All positions at these two sites will be eliminated. 6 Branch closings are planned for five sites on an undisclosed date. All positions at these sites will be eliminated. 7 Will also serve as CEO upon retirement of William J. Walsh. 8 Acquired FamilyFirst Bank in early 2014. 9 Previously located at 45 Lyman St., Westborough. 10 Plans to retire in 2015; to be succeeded by Ping Yin Chai, current CFO. - Compiled by: Roger Magnus and Heide Martin, rmagnus@nebusinessmedia.com continued Top banks Ranked by local deposits, June 30, 2014 Bank 1 Local deposits/ Total deposits Local branches/ Total branches 2 Assets/ Net income (loss)/ Net loans and leases No. of employees 3 Top local executive Year founded 1 Bank of America 100 Front St., Worcester 01608 800-432-1000 • www.bankofamerica.com $4,069,968,000 $1.046 trillion 40 5,029 $1.52 trillion $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 508-797-6842 • 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 978-562-2222 • 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 8 409 $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 4 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 15 Rollstone Bank & Trust 780 Main St., Fitchburg 01420 978-345-1061 • www.rollstonebank.com $378,769,000 $378,769,000 7 7 $601,041,000 $2,219,000 $406,791,000 99 Martin F. Connors, Jr. President & CEO 1846 16 Southbridge Savings Bank 253-257 Main St., Southbridge 01550 508-765-9103 • www.southbridgesavingsbank.com $352,450,000 $352,450,000 9 9 $441,755,000 $824,000 $371,967,000 110 Todd R. Tallman President & CEO 1848 17 Savers Co-operative Bank 270 Main St., Southbridge 01550 508-764-4329 • www.saversbank.com $338,624,000 $338,624,000 6 6 $462,440,000 $1,386,000 $360,088,000 93 Joseph A. Coderre President & CEO 1910 18 Hometown Bank 31 Sutton Ave., Oxford 01540 508-987-1200 • www.hometowncoop.com $335,944,000 $335,944,000 6 6 $392,833,000 $2,260,000 $324,505,000 81 Michael D. Hewitt President & CEO 1889 19 Spencer Savings Bank 176 Main St., Spencer 01562 508-885-5313 • www.spencerbankonline.com $325,973,000 $325,973,000 6 6 $458,283,000 $1,624,000 $354,869,000 89 K. Michael Robbins President & CEO 1871 20 Rockland Trust Co. 58 Main St., Franklin 02038 508-520-3958 • www.rocklandtrust.com $312,907,000 $5,315,525,000 4 79 $6,384,736,000 $45,909,000 $4,905,430,000 972 Christopher Oddleifson President & CEO 1907 21 North Middlesex Savings Bank 7 Main St., Ayer 01432 978-772-3306 • www.nmsb.com $299,092,000 $299,092,000 7 7 $372,339,000 $1,218,000 $269,356,000 79 Walter J. Dwyer IV President & CEO 1885 22 Athol Savings Bank 444 Main St., Athol 01331 978-249-3200 • www.atholsb.com $281,027,000 $281,027,000 8 8 $340,337,000 $1,162,000 $192,064,000 86 Daniel Zona President & CEO 1867

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