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Bank of Canton Appoints Jeremy Devaney to New Residential Lending and Business Development Role

South Shore mortgage originator and equity strategist tapped for newly created position

Business Development & Residential Lending Manager Jeremy Devaney (NMLS #1313138)

CANTON, Mass. (June 7, 2024)Jeremy Devaney recently joined Bank of Canton as a business development & residential lending manager. In this newly created role, Devaney will work with the bank’s commercial and residential lending teams to originate mortgages and develop multi-service relationships with the bank’s commercial audiences.

“This is truly a unique and exciting opportunity for me at Bank of Canton,” said Devaney. “Throughout my professional career and my work in the nonprofit community, I’ve enjoyed taking on new challenges. In my new role, I’m able to draw upon my experiences across industries – investment banking, mortgage lending, even nonprofit development and leadership – to add value to client relationships and help clients achieve even greater success.”

Devaney began his career working in equity research and analysis, and rose to a senior associate position at CSP Associates in Cambridge. In 2015, he transitioned to residential lending, working for local and regional mortgage companies in the Greater Boston area as a residential loan officer and branch manager.

At the bank, Devaney will report to Executive Vice President Michael Lindberg and Senior Vice President of Residential & Consumer Lending J. Scott Gannon (NMLS #80565).

“Jeremy has a diverse and impressive background that is a great match for our organization,” said Gannon. “He has been successful in the commercial world and a top originator for a multi-state mortgage company, and he volunteers his time and expertise to improve the lives of others in the community. We’re looking forward to his contributions.”

In addition to his responsibilities at Bank of Canton, Devaney holds several leadership positions in the South Shore’s nonprofit community. He serves as the board chairman and economic development committee chair at the Marshfield Chamber of Commerce, where he helped triple the chamber’s membership and increased its annual operating budget five-fold. Devaney is also the co-founder and board chairman of the Atlantic Resiliency Innovation Institute, which incubates and supports next-generation coastal hazard mitigation technology solutions and workforce development, and he is an active member of the board and finance committee of the Plymouth Area Coalition for the Homeless.

Devaney received his Bachelor of Science degree in business administration from the College of Charleston in South Carolina. He lives with his wife and three children in Marshfield, where he is the head coach of the Grade 5 Marshfield Boys Youth Lacrosse program.

 

About Bank of Canton

Established in 1835, Bank of Canton is a Massachusetts-chartered mutual savings bank that offers its consumer, business and government banking customers access to a full array of deposit, loan, investment and convenience service options. As a mutual savings bank, the bank has no stockholders and acts exclusively in the best interests of its customers and communities. The bank lends throughout Massachusetts, and has branches in Canton, Quincy and Randolph and a mortgage center in Auburn. All deposits are fully insured between the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF). For more information, visit www.ibankcanton.com. Member FDIC. Member DIF. Equal Housing Lender. NMLS #408169.

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Upcoming Events

  • First-Time Homebuyer Class (Hybrid)

    August 10 @ 10:00 am - 12:30 pm at Quincy Point, MA (location provided during registration)

    Join NeighborWorks Housing Solutions and Bank of Canton for a comprehensive first-time homebuyer class. You’ll learn about choosing a realtor, finding the right home, repairing credit, securing financing, inspections, insurance, and more. Attendees will also meet separately with a HUD-certified housing counselor before receiving their certificate of completion.

    The hybrid curriculum (4-6 hour online portion, followed by the classroom portion on 8/10/24 and counseling session) meets the requirements for loan products and assistance programs that have an education requirement.

    Cost is $45 per household (up to 2 people).

    Register Today

    Bank of Canton is a proud sponsor of (and participant in) this NHS educational program.


  • Savvy Social Security Planning

    September 26 @ 6:00 pm - 7:30 pm at Bank of Canton, Canton Center Branch

    Approaching retirement? Learn how to make the most of your Social Security options and benefits at this complimentary presentation. The B.O.C. Financial Services team will review different filing strategies, and provide expert tips for maintaining income in retirement. Topics include:

    • The pros & cons of filing at age 62
    • Projected earnings calculations
    • Spousal and survivor benefits

    Event is free & all are welcome. Light refreshments will be served. Call 781-830-6152 or email Peter Fredericksen with questions.

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    Investment and insurance products and services are offered through Osaic Institutions, Inc., Member FINRA/SIPC. B.O.C. Financial Services is a trade name of Bank of Canton. Osaic Institutions and Bank of Canton are not affiliated. Products and services made available through Osaic Institutions are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.


  • Estate Planning Lunch & Learn in Canton

    October 8 @ 12:00 pm - 1:00 pm at Bank of Canton, Canton Center Branch

    The B.O.C. Life Solutions team will discuss how you and your family can:

    • Protect assets from nursing home costs
    • Transfer assets and pay minimal estate taxes
    • Appoint a health care proxy to assist with medical decisions
    • Avoid the uncertainty, costs, and delays of probate

    Event is free & all are welcome. Lunch will be provided to those who RSVP. Call 781-830-6152 or email Peter Fredericksen with questions.

    RSVP Today

    B.O.C. Life Solutions is a licensed subsidiary of Bank of Canton. Bank of Canton does not provide legal or tax advice; consult your legal/tax advisor. Estate planning products and services are not insured by the FDIC or DIF.