Timothy Rhuda Recognized as Banker of the Year by South Shore Economic Developement Corporation

April 2006- Timothy Rhuda, Vice President of Commercial Lending, Bank of Canton, was recently named "Banker of the Year" for 2005, as recognized by the South Shore Economic Development Corporation (SSEDC), a subsidiary of the South Shore Chamber of Commerce. Rhuda was presented with the award during a reception held at The Neighborhood Club in Quincy, Mass., on Thursday, March 16th.

"SSEDC is a certified development company that offers the lowest fees in the Commonwealth," said Michael Duff, SSEDC Executive Director. "Tim submitted the most referrals for SBA 504 Loans (commercial real estate loans for growing businesses) in 2005 and received this award as recognition of his commitment to working with the SSEDC."

"Bank of Canton has a wonderful, long-standing relationship with the SSEDC," Rhuda said. "This award recognizes our dedicated support for the growth of business in Massachusetts and the impeccable service, rates and financial assistance that Bank of Canton provides the business community."

Pictured above at The Neighborhood Club reception are (l-r): Michael Duff, Executive Director, South Shore Economic Development Corporation (SSEDC); Kathleen Mogan, 2006 President, SSEDC and Vice President/Commercial Loans, Randolph Savings Bank; Tim Rhuda, Vice President of Commercial Lending, Bank of Canton; and Anthony Paciulli, 2005 President, SSEDC and President & CEO, Meetinghouse Cooperative Bank.