Worcester Business Journal

20 Worcester Business Journal | September 26, 2016 | wbjournal.com A MAJOR ANNIVERSARY... A NEW BUILDING... A MAJOR COMPANY MILESTONE Whether it's the celebration of a major anniversary or the opening of a new headquarters, Worcester Business Journal's Custom Publishing Division can help you create a custom magazine for your business. Our division's top flight team of writers and designers can help you tell your story – and make your business look great! Based on our unique publishing model, it's surprisingly affordable. Can we create a CUSTOM magazine for you? Call WBJ Custom Corporate Project Director Christine Juetten at 508-755-8004 ext. 270. Worcester Business Journal WBJ Custom Publishing Division Celebrating 50 Years of Growth, Jobs and Development 1 50 Years 1 9 6 5 - 2 0 1 5 C E L E B R A T I N G An advertising supplement to the Worcester Business Journal 2015 A T T L E B O R O | S T U R B R I D G E | S W A N S E A 2015 Holiday Gift Guide Shrewsbury Public Library: Building the Next Chapter SHREWSBURY Building the Next Chapter public library Perkins presents Pulitzer Prize-winning journalist and author Please help us in building brighter futures for Perkins students and residents by joining us for our inaugural E vening Under the Stars Gala Friday, October 21, 2016 ● 6 pm - 9 pm The International ● 159 Ballville Road Bolton, MA Purchase tickets and find out more at: perkinsprograms.org Fidelity Bank growing with outside hires BY SLOANE M. PERRON Special to the Worcester Business Journal UniBank for Savings 12 $1.4 billion 224 $1.5 billion CEO James Paulhus Fidelity Bank 10 $529 million 160 $780 million CEO Edward Manzi Source: Federal Deposit Insurance Corp., Fidelity Bank Bank Branches Deposits Employees Assets Top executive With its acquisition of Barre Savings Bank complete, Fidelity Bank is now behind only UniBank for Savings for the largest Worcester County mutual bank. 1 vs. 2 T hanks mostly to its merger with Barre Savings Bank in April, Fidelity Bank has grown to the sec- ond largest mutual bank in Worcester County. As that merger was going through the approval process and eventually netting the Leominster-based bank 10 locations, 160 employees and $780 million in assets, Fidelity was stocking up on employees from other banks, filling up its leadership positions from the ranks of TD Bank, Leominster Credit Union and Citizens Bank. "First and foremost, the thing we look for first, is a person who has the right cultural fit in terms of the bank," said Christopher McCarthy, president and chief operating officer at Fidelity. Fidelity is riding a trend in the bank- ing industry where big banks have start- ed to close and smaller local banks have been able to diversify their branches, said Timothy Murray, president and Christopher McCarthy, president and chief operating officer at Fidelity Bank, who was hired from TD Bank

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