Stock Report: Century Bancorp Inc. Cl A (CNBKA) Report Updated: May 20, 2013 | Print This Page

Century Bancorp, Inc. operates as the bank holding company for Century Bank and Trust Company, which provides banking products and services to commercial enterprises, state and local governments and agencies, nonprofit organizations, and individuals in Massachusetts. It offers various deposit products, including savings accounts, NOW accounts, demand deposits, time deposits, and money market accounts. The company also offers single and multi-family residential loans, commercial and industrial loans, commercial real estate loans, construction loans, home equity loans, and consumer loans. In addition, it provides automated lockbox collection, cash management, and account reconciliation services to corporate and institutional customers, as well as to the municipal market. Further, the company offers securities brokerage services; and financial services, such as cash management, transaction processing, and short-term financing to municipalities in Massachusetts and the Rhode Island. As of March 31, 2012, it operated 24 banking offices in 17 cities and towns in Massachusetts. The company was founded in 1969 and is headquartered in Medford, Massachusetts.