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2015Standard and Poor's gives Century Bank an "A" - the only Massachusetts regional bank to receive this exceptional honor. 2014Recognized (again) as a National Sm-All Stars Top Performing Bank by Sandler O'Neill + Partners 2013
Recognized by KBW as one of four New England banks that are "Bastions of Growth" Introduced new products such as Mobile Deposit Opened a new branch in Chestnut Hill, MA Catholic Charities honored Barbara and Marshall Sloane with the “Justice and Compassion Award” for their extensive philanthropic contributions including their support of social service organizations, nonprofit healthcare providers, and educational foundations throughout the community. Recognized among top 100 best performing MA companies by the Boston Globe 2012Opened a new branch in Andover, MA Assets exceed $3 billion Opened a new branch in Wellesley, MA Free electric car charging stations installed at Medford headquarters Recognized by KBW as one of five New England banks that are "Bellwethers of Growth" Named among top 100 best performing MA companies by the Boston Globe 2011Opened new branch in Newton Centre, MA Named among top 100 best performing Ma companies by the Globe Linda Sloane Kay appointed Executive Vice President Recognized as one of the 2011 Bank & Thrift "Sm-All Stars" by Sandler O'Neill + Partners Listed on the KBW Honor Roll of U.S. banking institutions Named #1 Lender to Veterans by the U.S. Small Business Administration Mobile Banking Introduced 2010Recognized by 20% By 2020 Women on Boards Marshall M. Sloane named Citizen of the Year by Medford Chamber Barry R. Sloane appointed President & CEO Opened a new branch in Coolidge Corner, Brookline 200940th Anniversary celebration May 1, 2009 CNBKA added to the Russell 3,000 Index Branches achieve $1 Billion in deposits Selected one of the 2009 Bank & Thrift "Sm-All Stars" by Sandler O'Neill + Partners Corporate Member of the Year by the Northeast Public Power Association Recognized as the "#1 Lender to Veterans" by the U.S. Small Business Administration 2008Opened a new branch in Winchester, MA at 522 Main Street in Winchester Center. Opened a new branch in Fellsway Plaza on the Medford/Malden line. Opened a new branch in The Sloane Building at One Salem Street in Medford Square. 2007January 31, 2007 proclaimed “Century Bank Energy-Efficiency Day” by Medford Mayor. Honored for the Bank's commitment to improving and protecting the environment by Osram Sylvania and NationalGrid. Recognized by the Small Business Administration as Outstanding Lender Enhanced customer convenience with additional ATMs at Cambridgeside Galleria. 2006Investment Services at Century Bank debuts Marshall Sloane announces intention to elevate Barry and Jonathan to Co-CEOs of Century Bancorp Fiduciary Services acquires first trust mandates Century Bancorp, Inc. elects Barry and Jonathan Sloane as Co-CEOs Commended by the Federal Housing Board for a “demonstrated commitment to community investment and service.” 2005Completed & occupied Headquarters building Barry R. Sloane and Jonathan G. Sloane are elected Co-Presidents & Co-CEOs of Century Bank & Co-Presidents & Co-COOs of Century Bancorp Fiduciary Services business unit created Community Newspaper Company's 2005 Readers Choice Award to the Malden and Medford branches Opened 23rd branch on State Street in Boston Worcester commercial lending center opened 2004Opened branch at Boston University Medical Center Assets exceed $1.7 billion 2003Acquired Capital Crossing’s Chestnut Hill branch office and its retail deposits in downtown Boston Grew to 21 branch locations with the addition of offices at The Hotel Commonwealth in Kenmore Square and the Sherman Union at Boston University Broke ground on new five-story headquarters on Interstate 93 in Medford 2002Opened Federal Street branch in Boston’s financial district, bringing branch total to 19 2001Headcount exceeds 400 Worcester processing center opened Opened new branches in Newton and Brookline, MA Ranked #7 among the state’s top billion dollar banks in The Boston Globe 2000Topped $1 billion in assets 1990s |
1998$29.75 million raised through a preferred security offering under NASDQ symbol CNBKP Haymarket Cooperative Bank purchased 1993Wollaston Credit Union acquired 1980s |
1988Bank passes $500 million in assets 1987Initial Public Offering resulted in $10.5 million in new capital under NASDAQ symbol CNBKA 1986Acquired Social Service and St. Michael’s Credit Unions 1985Acquired Massachusetts Teachers Association Credit Union 1983Acquired property in Medford, MA for future site of operations center 1982Acquired Bank of Massachusetts 1981Automated lockbox service introduced 1970s |
1979Bank passes $100 million in assets 1975First of 29 years of uninterrupted dividends paid 1973North Shore Bank & Banking Company acquired 1972Century Bancorp, Inc. formed 1960s |
1969Founded by Marshall M. Sloane May 1,1969 in Somerville, MA Record first day of deposits - $1.1 million Total first year-end assets - $17 million Year end net income - $32,177 |
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