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FinObservatory

County banking markets / MA / 25027

WorcesterMassachusetts

FIPS 25027. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 14 counties in Massachusetts’s 2025 survey.

193
Branch offices
June 30, 2025
28
Institutions
36 in 1994
472
Branch-count HHI
unconcentrated (2010 HMG)
666
Deposit HHI
see the caveat below

Concentration, 19942025

Branch-count HHI squares each institution’s share of the county’s branch offices; deposit HHI squares its share of county deposits. The bands are the 2010 Horizontal Merger Guidelines classification, the dashed line the 1,800 level above which the Federal Reserve reviews a merger centrally. In 2025 this market is unconcentrated on branches (472) and unconcentrated on deposits (666).

Branch-count HHIDeposit HHI
01,0002,0003,0001,800 (Fed screen)19942000201020202025

Source: FDIC Summary of Deposits | DOJ & FTC, Horizontal Merger Guidelines (2010), section 5.3 | Federal Reserve, Competitive Effects of Mergers and Acquisitions FAQs Both indices computed from the SOD branch rows for this county, June 30 of each survey year. Neither is the Fed's screen HHI: no thrift weighting, no exclusion of specialty and internet banks, no central-booking adjustment. Methodology

Branches and institutions

211 branch offices and 36 institutions in 1994; 193 and 28 in 2025. Deposits booked in the county went from $6.83B to $23.70B, nominal.

Branch officesInstitutions
010020030019942000201020202025

Source: FDIC Summary of Deposits FDIC Summary of Deposits, June 30 of each survey year, 1994-2025. Methodology

Who holds the deposits, 2025

Every institution with a branch in the county, ranked by deposits booked here. Both shares are shown because they are the two indices above: squaring and summing the deposit column gives the deposit HHI, the branch column the branch-count HHI.

#InstitutionDepositsDeposit shareBranchesBranch share
1Bank of America, National Association cert 3510$3.06B12.93%115.70%
2UniBank for Savings cert 90290$2.43B10.27%147.25%
3Berkshire Bank cert 23621$2.30B9.69%126.22%
4TD Bank, National Association cert 18409$2.22B9.35%136.74%
5Santander Bank, N.A. cert 29950$1.79B7.54%136.74%
6Cornerstone Bank cert 90282$1.33B5.63%126.22%
7Fidelity Co-operative Bank cert 26451$1.20B5.05%115.70%
8Webster Five Cents Savings Bank cert 90297$1.00B4.22%73.63%
9Bankhometown cert 26523$974.1M4.11%115.70%
10Avidia Bank cert 90215$639.9M2.70%52.59%
11Rollstone Bank & Trust cert 17797$593.9M2.51%63.11%
12Clinton Savings Bank cert 90181$591.2M2.49%84.15%
13Rockland Trust Company cert 9712$579.8M2.45%84.15%
14Athol Savings Bank cert 90146$558.4M2.36%52.59%
15Savers Co-operative Bank cert 26455$553.8M2.34%73.63%
16Bay State Savings Bank cert 90311$494.2M2.09%73.63%
17Citizens Bank, National Association cert 57957$485.3M2.05%73.63%
18Middlesex Savings Bank cert 90183$479.0M2.02%42.07%
19Manufacturers and Traders Trust Company cert 588$443.0M1.87%63.11%
20Country Bank for Savings cert 23992$412.4M1.74%84.15%
21Enterprise Bank and Trust Company cert 27408$361.4M1.53%21.04%
22Milford Federal Bank cert 29835$351.0M1.48%31.55%
23North Brookfield Savings Bank cert 90258$261.0M1.10%42.07%
24Main Street Bank cert 90235$207.8M0.88%21.04%
25Dean Co-operative Bank cert 27269$128.5M0.54%21.04%
26Millbury National Bank cert 2616$113.9M0.48%10.52%
27JPMorgan Chase Bank, National Association cert 628$85.3M0.36%31.55%
28Charles River Bank cert 26602$56.6M0.24%10.52%

Source: FDIC Summary of Deposits June 30, 2025. Branch rows grouped by FDIC certificate; names as reported to the survey. Deposit share is n/a where the county's total SOD deposits are zero. Methodology

Back to county banking markets, up to Massachusetts, or read the methodology for the two HHI constructions and what they cannot tell you.