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Bank of Canton Receives 2019 Banking Choice Award for Community Contribution

Independent survey ranks Bank of Canton among top institutions in Greater Boston

Anthony Caruso accepts 2019 Bank of Canton Banking Choice Award

Anthony Caruso, Bank of Canton’s senior vice president of retail and branch administration, accepts the Banking Choice Award for Community Contribution at the 2019 Best Bank Expo in Springfield, Massachusetts.

CANTON, Mass. (July 1, 2019) – Bank of Canton was honored at the 2019 Banking Choice Awards in Springfield, Massachusetts, for achieving second place in the independent Banking Benchmarks® survey’s Community Contribution category for the Greater Boston region.

The Banking Choice Awards are based on the results of the Banking Benchmarks survey, conducted by independent research and consulting firm Customer Experience Solutions, LLC. Over 278,000 survey responses were gathered from Massachusetts participants, and 162 banking institutions across five Massachusetts state regions were ranked in the categories of Overall Quality, Customer Service, Technology, and Community Contribution.

“We’re honored to receive the silver Community Contribution award,” said Stephen P. Costello, president and CEO of Bank of Canton. “We take our responsibility as a mutual bank very seriously: to make a difference in the lives of those who live and work in our communities. Supporting the organizations and causes that improve the lives of others is a cornerstone of that commitment.”

The rankings include all institutions that survey respondents use for banking services, including community banks, regional banks, national banks, in-state banks, out-of-state banks, credit unions, online banks and non-banks.

“This recognition is a credit to our customers,” continued Costello. “Their decision to bank with us is what fuels our charitable giving program. We couldn’t provide the amount of community support that we do without their business.”

Since 2005, Bank of Canton has given more than $2.1 million to local charities and nonprofit organizations through donations and sponsorships. The bank’s contributions have helped fund financial literacy programs for children and seniors, educational workshops for first-time home buyers, and cultural and artistic enrichment programs. The bank’s employees hold leadership positions in several civic and non-profit organizations across the Greater Boston and South Shore areas as well.

More information about the Banking Choice Awards and Banking Benchmarks survey is available on the Banking Choice Awards website: https://www.bankconferences.com/bestbankexpo/banking-choice-awards-about/.

 

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

  • Savvy Social Security Planning, February 27

    February 27 @ 6:00 pm - 7:30 pm at Bank of Canton, Main Office Branch

    Join B.O.C. Financial Services for Savvy Social Security Planning, a presentation on maximizing your Social Security benefits and retirement income. Topics include:

    • Will Social Security still exist when I retire? Will it be enough to live on?
    • Should I file for Social Security benefits at 62, or wait until later?
    • What would my spousal and survivor benefits be?

    Admission is free, and event is open to the public. 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 INFINEX INVESTMENTS, INC. Member FINRA/SIPC. B.O.C. Financial Services is a trade name of Bank of Canton. Infinex is not affiliated with the bank. Products and services made available through Infinex 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.


  • Free Estate Planning Lunch & Learn in Canton, March 10

    March 10 @ 12:00 pm - 1:00 pm at Bank of Canton Corporate Headquarters

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

    • Protect your assets from nursing home costs
    • Appoint a Health Care Proxy to assist with medical decisions
    • Pay minimal estate taxes
    • Avoid the uncertainty, costs, and delays of probate

    Event is open to the public, and 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.


  • Free Estate Planning Lunch & Learn in Quincy, March 11

    March 11 @ 12:00 pm - 1:00 pm at Bank of Canton, Quincy Branch

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

    • Protect your assets from nursing home costs
    • Appoint a Health Care Proxy to assist with medical decisions
    • Pay minimal estate taxes
    • Avoid the uncertainty, costs, and delays of probate

    Event is open to the public, and 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.