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Century Bancorp, Inc. (CNBKA)


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Century Bancorp, Inc.

400 Mystic Avenue
Medford, MA 02155
United States
781-391-4000
http://www.centurybank.com

SectorFinancial
IndustryRegional - Northeast Banks
Full Time Employees372

Key Executives

NameTitlePayExercisedAge
Mr. Marshall M. SloaneFounder, Chairman and Chairman of Century Bank & Trust Company1.12MN/A90
Mr. Barry R. SloaneCEO, Pres & Director876.3kN/A62
Mr. William P. Hornby CPACFO, Treasurer, CFO of Century Bank & Trust Company and Treasurer of Century Bank & Trust Company415.4kN/A50
Mr. Brian J. FeeneyHead of Institutional Services Group and Exec. VP of Century Bank & Trust Company417.05kN/A56
Mr. Paul A. EvangelistaExec. VP of Century Bank & Trust Company444.33kN/A53
Amounts are as of December 31, 2016 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.

Description

Century Bancorp, Inc. operates as a bank holding company for Century Bank and Trust Company that provides banking products and services. It accepts savings accounts, NOW accounts, demand deposits, time deposits, and money market accounts, as well as cash management accounts. The company offers single-family and multi-family residential loans, municipal loans, commercial and residential real estate loans, and various consumer loans, as well as provides loans for the construction of residential homes, multi-family properties, commercial real estate properties, and land development. It also provides automated lockbox collection, cash management, and account reconciliation services to corporate and institutional customers, as well as to the municipal market; and securities brokerage services. It serves commercial enterprises, state and local governments and agencies, non-profit organizations, and individuals in Massachusetts, New Hampshire, Rhode Island, Connecticut, and New York. As of January 17, 2017, the company operated 27 full-service branches in the Greater Boston area. Century Bancorp, Inc. was founded in 1969 and is headquartered in Medford, Massachusetts.

Corporate Governance

Century Bancorp, Inc.’s ISS Governance QualityScore as of May 1, 2017 is 9. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 10; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.