Century Bancorp, Inc. operates as a bank holding company for Century Bank and Trust Company that provides banking products and services in Massachusetts. The company accepts savings accounts, NOW accounts, demand deposits, time deposits, and money market accounts, as well as cash management accounts. Its loan products include single-family and multi-family residential, commercial and residential real estate, municipal, consumer, construction and land development, commercial and industrial, and home equity loans. The company also offers automated lock box collection services, cash management services, and account reconciliation services to corporate and institutional customers, as well as to the municipal market; securities brokerage services; and lockbox processing, and short-term and long-term financing services to municipalities in Massachusetts, New Hampshire, and Rhode Island. It serves commercial enterprises, state and local governments and agencies, non-profit organizations, and individuals. As of July 14, 2015, the company operated 27 full-service branches in the Greater Boston area. Century Bancorp, Inc. was founded in 1969 and is headquartered in Medford, Massachusetts.