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Bank of Canton Names Stephen Lucitt Vice President of Commercial Lending

Accomplished commercial lender brings 30 years of business development experience

Vice President of Commercial Lending Stephen Lucitt

CANTON, Mass. (September 2, 2022)Stephen Lucitt recently joined Bank of Canton as vice president of commercial lending. Throughout his lending career of more than 30 years, Mr. Lucitt has earned accolades for his ability to develop loan portfolios, establish credit policy, and build successful business relationships.

“For years, I’ve enjoyed helping the local business community grow,” said Mr. Lucitt, whose experience includes commercial real estate (CRE), construction, commercial & industrial (C&I), and Small Business Administration (SBA) lending. “Bank of Canton’s client-focused approach to lending and underwriting gives me the tools and flexibility to develop highly customized financing packages that will help clients achieve their goals.

“The Bank of Canton team is 100% committed to client success,” he continued, “and I’m glad to be a part of this talented group.”

Working out of the bank’s 490 Turnpike Street headquarters in Canton, Mr. Lucitt serves clients throughout the Greater Boston area. Since 1993, he has held vice president and assistant vice president roles in commercial lending and business development at South Shore- and Boston-based community banks.

“Stephen has tremendous experience in all facets of commercial lending,” said Executive Vice President Michael Lindberg, “and he knows how to work with a wide range of clients across industries. We’re looking forward to him continuing his success at Bank of Canton.”

Mr. Lucitt earned his B.S. in Business Administration from the University of Southern California. He holds an M.B.A. from Suffolk University and is a graduate of the Stonier Graduate School of Banking. He lives in Cohasset with his wife, Ann, and two children, Matthew and Scott.

 

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

  • Estate Planning Lunch & Learn in Canton

    March 12 @ 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.


  • Savvy Social Security Planning

    March 14 @ 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.


  • Virtual First-Time Homebuyer Workshop (3 Nights), March 11, 12 & 14

    March 11 @ 6:00 pm - March 14 @ 9:00 pm at Zoom Meeting

    Join Quincy Community Action Programs (QCAP) and Bank of Canton for a comprehensive home buying workshop, featuring real estate professionals, counselors and lenders offering expert guidance and advice. This three-evening workshop over Zoom qualifies as a MassHousing-approved homebuyer counseling course, and attendees of all three sessions will receive a Certificate of Completion.

    • Session 1: Monday, 3/11, 6:00pm-9:00pm
    • Session 2: Tuesday, 3/12, 6:00pm-9:00pm
    • Session 3: Thursday, 3/14, 6:00pm-9:00pm

    RSVP Today

    Bank of Canton is a proud sponsor of (and participant in) this QCAP educational series.