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Century Bancorp, Inc. (CNBKA)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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114.05+0.30 (+0.26%)
At close: 4:00PM EDT
114.05 0.00 (0.00%)
After hours: 12:00AM EDT

Century Bancorp, Inc.

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

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees418

Key Executives

NameTitlePayExercisedYear Born
Mr. Barry R. SloaneChairman, CEO & Pres1.22MN/A1955
Ms. Linda Sloane KayExec. Vice Chair of the Board707.16kN/A1962
Mr. William P. Hornby CPACFO & Treasurer549.25kN/A1967
Mr. Kenneth A. SamuelianSr. VP & Compliance OfficerN/AN/AN/A
Mr. Richard L. BilligExec. VPN/AN/AN/A
Mr. James M. Flynn Jr.Exec. VPN/AN/AN/A
Mr. Jason J. MeliusExec. VPN/AN/AN/A
Judith SinclairClerkN/AN/AN/A
Amounts are as of December 31, 2020 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 the bank holding company for Century Bank and Trust Company that provides banking products and services. The company accepts savings accounts, NOW accounts, demand deposits, time deposits, and money market accounts, as well as cash management accounts. It offers single-family and multi-family residential loans, commercial and residential real estate loans, municipal 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. The company 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, New York, Virginia, Washington DC, and Pennsylvania. As of January 19, 2021, the company operated twenty-seven 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 April 30, 2021 is 10. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 10; Compensation: 7.

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.