CANTON, Mass. (September 16, 2020) – Bank of Canton was recently honored with a Boston Business Journal Corporate Citizenship Award, for ranking among the region’s largest corporate charitable contributors. It is the second straight year the bank has received the award.
“Once again, we’re very proud of this award,” said Stephen P. Costello, president and CEO of Bank of Canton. “In turn, we want to recognize all of our personal and business banking customers, whose patronage makes our community giving programs possible.”
The 2020 Corporate Citizenship Awards recognized 107 businesses that each 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 include multi-million dollar corporations and represented a range of industries such as healthcare, technology, financial and professional services, retail and professional sports.
“We are in a time when giving back and helping one another is more important than ever,” said Boston Business Journal Market President and Publisher Carolyn Jones. “These philanthropic companies prioritize the welfare of our communities, and we are excited to be able to honor them.”
The event to recognize the honorees took place virtually on September 10, to ensure everyone’s health and safety.
Bank of Canton was recognized in 2019 with a Corporate Citizenship Award as well as a Greater Boston region Banking Choice award, based on its “Community Contribution” ranking in the independent Banking Benchmarks® survey. Since 2005, Bank of Canton has given more than $2.28 million to local charities and nonprofit organizations through donations and sponsorships.
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.