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Stephen P. Costello named “2016 Business Person of the Year” by Neponset Valley Chamber of Commerce

Bank of Canton president and CEO recognized for leadership and service to local business community

NVCC Business Person of the Year presentation

Bank of Canton President and CEO Stephen P. Costello (2nd from left) was joined by Massachusetts State Representative John H. Rogers (left), Carroll Advertising President and 2015 Business Person of the Year John Carroll (2nd from right), and Neponset Valley Chamber of Commerce President Tom O’Rourke (right) at the NVCC’s Annual Awards Meeting on January 26th. Photo courtesy of mckeephotography.com.

CANTON, Mass. (February 1, 2017) – Bank of Canton President and CEO Stephen P. Costello has been named “2016 Business Person of the Year” by the Neponset Valley Chamber of Commerce. In his letter of congratulations to Mr. Costello, NVCC President Tom O’Rourke wrote, “This award is presented to an individual whose personal guidance and leadership have made a positive contribution to the Neponset Valley community.”

The NVCC selection committee cited Mr. Costello’s accomplishments chairing the Town of Norwood’s Economic Development Committee, including his work with town officials, residents, and other Economic Development Committee members to bring Moderna Therapeutics’ new $110 million, 200,000-square-foot biomanufacturing facility to Norwood. The state-of-the-art plant, scheduled to open in 2018, will employ more than 200 individuals.

The committee also recognized Mr. Costello’s work in other local civic and non-profit organizations, including his roles as chairman and board member of the Neponset Valley Chamber of Commerce, and treasurer of both the South Shore Chamber’s Economic Development Committee and the Canton Association of Business and Industry.

“It’s an honor to serve and support the businesses that are such an important part of our local economies,” said Mr. Costello. “As a lifelong resident of the Neponset Valley myself, I believe that our tremendous quality of life here can be attributed to the strong relationship between our residents, businesses, and local government. When we pull for each other, we accomplish great things, and our communities prosper as a result.”


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 mortgage centers in Auburn and Marshfield. 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.


Upcoming Events

  • Free Estate Planning Lunch & Learn in Canton, October 8

    October 8 @ 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.

  • First-Time Homebuyer Workshop in Quincy, October 2019

    October 24 @ 6:00 pm - 9:00 pm at QCAP Headquarters

    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 two-day workshop qualifies as a MassHousing-approved homebuyer counseling course, and attendees of both sessions will receive a Certificate of Completion.

    • Session 1: Thursday, 10/24, 6:00pm-9:00pm
    • Session 2: Saturday, 10/26, 9:00am-3:00pm

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