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Century Bancorp, Inc.

Company Description

Century Bancorp, Inc. operates as a bank holding company. The company, through its subsidiary, Century Bank & Trust Co. provides services to commercial enterprises, state and local governments and agencies, non-profit organizations and individuals. It emphasizes service to small and medium-sized businesses and retail customers in its market area. The Company makes commercial loans, real estate and construction loans and consumer loans, and accepts savings, time, and demand deposits. In addition, It offers to its corporate and institutional customers automated lock box collection services, cash management services and account reconciliation services, and actively promotes the marketing of these services to the municipal market. Century Bancorp was founded by Marshall M. Sloane in 1972 and is headquartered in Medford, MA. [Source: MarketWatch]

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