SVP, Residential & Consumer Lending J. Scott Gannon (NMLS #80565)
CANTON, Mass. (February 27, 2023) – J. Scott Gannon was recently named Bank of Canton’s new senior vice president of residential and consumer lending. With more than 30 years of experience developing and overseeing mortgage programs for local and national lenders, Mr. Gannon succeeds George DeMello, who was instrumental in recruiting Mr. Gannon for the role.
“I’m both grateful and excited for this opportunity to lead an established, community-oriented lending program,” said Mr. Gannon. “Bank of Canton already has a great lending team and a strong commitment to the borrower experience, as shown by the bank’s recent substantial investments in technology. I’m looking forward to building upon this program’s success, navigating changes in the market, and seizing opportunities for responsible and sustainable growth.”
As head of the bank’s residential and consumer lending program, Mr. Gannon is responsible for all aspects of the bank’s retail and wholesale residential mortgage program and consumer loan department, including loan originations, underwriting and processing, servicing, compliance and secondary market efforts. His previous roles include leadership positions at local, regional and national mortgage companies and banks, and a $2.5 billion credit union.
Mr. Gannon serves on the bank’s executive team, reporting directly to the bank’s president and CEO, Stephen P. Costello.
“Scott is an accomplished leader and team-builder, with experience growing sales while maintaining operational excellence,” said Mr. Costello. “I’m confident he will make a positive impact on our executive team, our balance sheet, and, most importantly, our customers’ borrowing experience.”
A resident of Wellesley, Mr. Gannon received his B.A. in economics from Rollins College in Winter Park, Florida. He is a fourteen-time marathon runner, and has raised more than $100,000 for nonprofit organizations including the Open Door Foundation, Sloan Kettering Hospital and Casa Myrna.
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.