Branch Presence
Banks with Branches in Springfield, MA
TD Bank, N.A. is the biggest bank in Springfield, MA, with $877.3M in deposits at its Springfield branches, 28.9% of the city's total as of the June 30, 2026 FDIC Summary of Deposits.
13 banks operate 31 branches in Springfield, MA, ranked below by local branch count from the FDIC Summary of Deposits. This counts every bank with a branch here, not only banks headquartered locally.
Deposit share is each bank's share of the $3.04B held in Springfield, MA, as of the June 30, 2026 FDIC Summary of Deposits, ranked by deposits (#1 is largest). Banks that book deposits at a headquarters branch can show a share that exceeds their local customer base.
| Bank | Branches in Springfield | Local deposits | Deposit share |
|---|---|---|---|
| TD Bank, N.A. | 7 | $877.3M | 28.9% (#1) |
| Manufacturers and Traders Trust Company | 4 | $326.9M | 10.8% (#4) |
| Bank of America, N.A. | 3 | $571.1M | 18.8% (#2) |
| Beacon Bank & Trust | 3 | $197.2M | 6.5% (#6) |
| PeoplesBank | 2 | $411.3M | 13.5% (#3) |
| New Valley Bank & Trust | 2 | $282.9M | 9.3% (#5) |
| Westfield Bank | 2 | $95.0M | 3.1% (#7) |
| Citizens Bank, N.A. | 2 | $80.3M | 2.6% (#9) |
| Community Bank, N.A. | 2 | $34.6M | 1.1% (#11) |
| Santander Bank, N.A. | 1 | $91.4M | 3.0% (#8) |
| Florence Bank | 1 | $40.4M | 1.3% (#10) |
| JPMorgan Chase Bank, N.A. | 1 | $20.9M | 0.7% (#12) |
| Country Bank for Savings | 1 | $11.1M | 0.4% (#13) |
County deposit market: Hampden, MA
The $14.11B held across 19 FDIC-insured banks in this county, as of the June 30, 2026 FDIC Summary of Deposits. The 10 largest are shown; see every bank in the Hampden, MA market with its change from a year earlier. Banks only: credit unions are not in the Summary of Deposits.
| Rank | Bank | Deposit share | Deposits | Branches |
|---|---|---|---|---|
| 1 | PeoplesBank | 17.0% | $2.40B | 11 |
| 2 | TD Bank, N.A. | 15.8% | $2.23B | 13 |
| 3 | Westfield Bank | 13.9% | $1.96B | 20 |
| 4 | Bank of America, N.A. | 10.8% | $1.53B | 8 |
| 5 | Manufacturers and Traders Trust Company | 7.0% | $994.6M | 13 |
| 6 | Beacon Bank & Trust | 7.0% | $990.3M | 11 |
| 7 | KeyBank N.A. | 6.4% | $897.6M | 7 |
| 8 | Country Bank for Savings | 5.2% | $735.2M | 6 |
| 9 | Monson Savings Bank | 4.6% | $647.4M | 4 |
| 10 | Citizens Bank, N.A. | 4.5% | $641.2M | 9 |
Metro area deposit market: Springfield, MA
The $22.43B held across 21 FDIC-insured banks in this metro area, as of the June 30, 2026 FDIC Summary of Deposits. The 10 largest are shown; see every bank in the Springfield, MA market with its change from a year earlier. Banks only: credit unions are not in the Summary of Deposits.
| Rank | Bank | Deposit share | Deposits | Branches |
|---|---|---|---|---|
| 1 | PeoplesBank | 13.3% | $2.98B | 14 |
| 2 | TD Bank, N.A. | 12.0% | $2.68B | 16 |
| 3 | Bank of America, N.A. | 10.5% | $2.35B | 10 |
| 4 | Westfield Bank | 9.2% | $2.07B | 23 |
| 5 | Florence Bank | 8.0% | $1.79B | 13 |
| 6 | Trunorth Bank | 7.8% | $1.76B | 11 |
| 7 | Country Bank for Savings | 5.7% | $1.27B | 8 |
| 8 | Greenfield Savings Bank | 5.6% | $1.25B | 9 |
| 9 | Manufacturers and Traders Trust Company | 5.4% | $1.21B | 18 |
| 10 | Beacon Bank & Trust | 4.8% | $1.08B | 12 |
Banks in Springfield: common questions
What is the biggest bank in Springfield, MA?
TD Bank, N.A. is the biggest bank in Springfield, MA, with $877.3M in deposits at its Springfield branches, 28.9% of the city's total as of the June 30, 2026 FDIC Summary of Deposits.
How many banks are in Springfield, MA?
13 FDIC-insured banks operate 31 branches in Springfield, MA as of the June 30, 2026 FDIC Summary of Deposits. This counts every bank with a branch in the city, not only banks headquartered there. Credit unions are not in the Summary of Deposits.
What are the largest banks in Springfield, MA?
Ranked by deposits held in Springfield branches as of the June 30, 2026 FDIC Summary of Deposits: 1. TD Bank, N.A. (28.9%); 2. Bank of America, N.A. (18.8%); 3. PeoplesBank (13.5%); 4. Manufacturers and Traders Trust Company (10.8%); 5. New Valley Bank & Trust (9.3%). The share is each bank's part of all deposits in the city.
Largest banks in Massachusetts
For the state as a whole, see the largest banks in Massachusetts, ranked by total assets and by deposits in Massachusetts branches, or every bank in the Massachusetts bank directory.
Banks in other Massachusetts cities:
About this data
Branch counts and local deposits come from the FDIC Summary of Deposits, the annual June 30 survey of branch-office deposits for every FDIC-insured bank. Click any bank to see its full regulatory profile and complete branch network. Looking for banks headquartered here instead? See the US bank directory.