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Bank of Canton Receives Corporate Citizenship Award

Bank ranks among Boston Business Journal’s top 100 charitable contributors in Massachusetts

Stephen P Costello holds award

Stephen P. Costello, Bank of Canton’s president and CEO, holds the Corporate Citizenship Award.

CANTON, Mass. (September 18, 2019) – Bank of Canton was recently recognized along with other honorees at the Boston Business Journal’s annual Corporate Citizenship Awards event, for ranking among the largest corporate charitable contributors in Massachusetts last year.

The Corporate Citizenship Awards, held at South Boston’s Capo Restaurant and Supper Club, recognized 105 businesses that gave at least $100,000 in cash contributions to Massachusetts-based charities or social-service nonprofits last fiscal year. In addition to Bank of Canton, honorees included multi-million dollar corporations and represented a range of industries such as healthcare, insurance, legal, accounting and finance, among others.

“We’re proud to receive the Corporate Citizenship Award,” said Stephen P. Costello, president and CEO of Bank of Canton, “and we share this honor with our customers: the terrific families, individuals and businesses whose patronage fuels our charitable giving program.

“The recognition we’ve received for our community involvement this year – first with the Greater Boston Community Contribution award, and now the Corporate Citizenship Award – is due to the people and businesses who bank with us,” Costello continued, “and we thank them.”

In June, Bank of Canton was honored at the 2019 Banking Choice Awards in Springfield, Massachusetts, for ranking second in the independent Banking Benchmarks® survey’s Community Contribution category for the Greater Boston region.

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.

 

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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