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Century Bancorp Inc. (CNBKA)

39.35 Up 0.37(0.95%) Nov 21, 4:00PM EST
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Century Bancorp Inc.
400 Mystic Avenue
Medford, MA 02155
United States - Map
Phone: 781-391-4000

Index Membership:N/A
Industry:Regional - Northeast Banks
Full Time Employees:344

Business Summary 

Century Bancorp, Inc. operates as the bank holding company for Century Bank and Trust Company that provides banking products and services to commercial enterprises, state and local governments and agencies, nonprofit organizations, and individuals in Massachusetts. It offers various deposit products, including savings accounts, NOW accounts, demand deposits, time deposits, money market accounts, and cash management accounts. The company also grants single and multi-family residential loans, commercial and industrial loans, commercial and residential real estate loans, home equity loans, and consumer loans, as well as construction and land development loans. In addition, it provides automated lockbox collection, cash management, and account reconciliation services to corporate and institutional customers, as well as to the municipal market. Further, the company offers securities brokerage services; and financial services, such as transaction processing and short-term financing to municipalities in Massachusetts, New Hampshire, and the Rhode Island. As of April 8, 2014, it operated 26 full-service branches in the Greater Boston area. The company was founded in 1969 and is headquartered in Medford, Massachusetts.

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Corporate Governance 
Century Bancorp Inc.’s ISS Governance QuickScore as of Nov 1, 2014 is 8. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 9; Compensation: 3.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Marshall M. Sloane , 87
Founder, Chairman, Member of Exec. Committee, Member of Asset Liability Committee and Chairman of Century Bank & Trust Company
Mr. Barry R. Sloane , 59
Chief Exec. Officer, Pres, Director, Member of Exec. Committee, Member of Asset Liability Committee, Member of Non Deposit Investment & Insurance Products Committee, Member of Trust Committee, Chief Exec. Officer of Century Bank & Trust Company, Pres of Century Bank & Trust Company and Director of Century Bank & Trust Company
Mr. William P. Hornby CPA, 47
Chief Financial Officer, Treasurer, Chief Financial Officer of Century Bank & Trust Company and Treasurer of Century Bank & Trust Company
Mr. Brian J. Feeney , 53
Head of Institutional Services Group and Exec. VP of Century Bank & Trust Company
Mr. Paul A. Evangelista , 50
Exec. VP of Century Bank and Trust Company
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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