Worcester County, Massachusetts, a core county of the Boston-Worcester-Providence, MA-RI-NH market, holds $22.5B in deposits across 26 insured institutions and 192 branches. Bank of America is the largest deposit holder at 13.5% share. The top three banks hold 35% of deposits, which places the county in the Fragmented band. Deposits have fallen 1.1% since 2021 while the branch count fell by 1.5%. It produced $48.2B of real gross domestic product in 2024, ranking #99 of the 1,523 ranked counties by economic output.
Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.
Deposit trend
Branches: 195 in 2021 to 192 in 2026. Institutions: 27 to 26. Top-three share: 35% to 35%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Bank of America | $3.0B | 13.5% | -8% |
| UniBank for Savings | $2.5B | 11.3% | +18% |
| TD Bank | $2.2B | 9.9% | -8% |
| Cornerstone Bank | $1.9B | 8.6% | +20% |
| Santander Bank | $1.8B | 8.0% | +3% |
| Beacon Bank and Trust | $1.1B | 4.8% | -46% |
| Webster Five Cents Savings Bank | $1.0B | 4.4% | +15% |
| Bankhometown | $971M | 4.3% | +19% |
| Rockland Trust Company | $965M | 4.3% | +30% |
| Fidelity Co-operative Bank | $945M | 4.2% | +2% |
| Avidia Bank | $657M | 2.9% | -1% |
| Clinton Savings Bank | $582M | 2.6% | +8% |
| Rollstone Bank & Trust | $566M | 2.5% | -10% |
| Savers Co-operative Bank | $562M | 2.5% | +9% |
| Bay State Savings Bank | $514M | 2.3% | +21% |
| Citizens Bank | $507M | 2.3% | +8% |
| Middlesex Savings Bank | $481M | 2.1% | +41% |
| Country Bank for Savings | $457M | 2.0% | +37% |
| Manufacturers and Traders Trust Company | $396M | 1.8% | -67% |
| Milford Federal Bank | $388M | 1.7% | +12% |
| North Brookfield Savings Bank | $269M | 1.2% | +22% |
| Main Street Bank | $180M | 0.8% | -35% |
| Dean Co-operative Bank | $138M | 0.6% | +32% |
| JPMorgan Chase Bank | $125M | 0.6% | no 2021 presence |
| Millbury National Bank | $123M | 0.5% | +36% |
| Charles River Bank | $56M | 0.2% | +19% |
The 26 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. Institutions are tracked by FDIC certificate number, and where an institution acquired another bank, the acquired bank’s prior deposits are folded into the baseline so the change reflects the combined, continuing franchise rather than reading as new. “No 2021 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.
Part of the Boston-Worcester-Providence market
Worcester County is one of 18 counties that make up the Boston-Worcester-Providence, MA-RI-NH market, a Combined Statistical Area (ranked #6 of 293 U.S. markets by economic output). It produces 6.6% of the market’s output and holds 3.2% of its deposits.
| Measure | Worcester County | Share of parent market |
|---|---|---|
| 2024 GDP | $48.2B | 6.6% |
| Deposits | $22.5B | 3.2% |
| Population | 888,502 | 10.4% |
View the full Boston-Worcester-Providence market profile →
Recruiting in Worcester County
Deposits are spread across a competitive field of institutions, so the bankers worth recruiting are dispersed across more of them. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like Worcester County.
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