8 Worcester Business Journal • Book Of Lists 2015 www.wbjournal.com
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
23
Bay State Savings Bank
28-32 Franklin St., Worcester 01608
$261,827,000
$261,827,000
8
8
$324,074,000
$921,000 67
Peter B. Alden
President & CEO
1895
Quincy
Miller
(pictured)
became president of
Massachusetts banks in
June 2015.
With gain of about $60
million in deposits,
moves up from No. 11 on
last year's list.
Last year committed to
lending $5 million to
military service
members, veterans and
their families.