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Bank of Canton Named Among Top 100 Charitable Companies in Massachusetts

Bank receives Corporate Citizenship Award for fourth straight year

CANTON, Mass. (August 23, 2022) – Bank of Canton has been honored with a Boston Business Journal 2022 Corporate Citizenship Award, for ranking among the region’s top corporate charitable contributors. It is the fourth consecutive year the bank achieved this distinction.

“We share this honor with our customers, whose patronage fuels our charitable giving program,” said Stephen P. Costello, president and CEO of Bank of Canton. “Together, we’re supporting the nonprofits and charities that do inspirational work in our communities.”

The 2022 Corporate Citizenship Awards recognizes 95 businesses that each gave at least $100,000 in cash contributions to Massachusetts-based charities and social service nonprofits in the last fiscal year. In addition to Bank of Canton, honorees include multi-million dollar corporations and represent a range of industries such as financial and professional services, healthcare, technology, retail, and professional sports.

“The past couple of years has presented companies and communities with many challenges, and the needs have continued to grow,” said Boston Business Journal Market President and Publisher Carolyn Jones. “It is with honor that we present our list of the Top Charitable Contributors in Massachusetts…a true example of the business community coming together to help those in need.”

Since 2005, Bank of Canton has given more than $2.57 million to local charities and nonprofit organizations through donations and sponsorships. In 2019, the bank received a Greater Boston region Banking Choice award for its “Community Contribution” ranking in the independent Banking Benchmarks® survey.

 

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.

    RSVP Today

    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.