Century Bank Receives ‘A’ from S & P

Century Bancorp, Inc. (NASDAQ: CNBKA) New England’s largest family-controlled bank, is pleased to announce that Standard & Poor’s recognized Century’s financial strength with an “A” quality ranking.

Century Bank is the only Massachusetts regional bank to enjoy this exceptional honor. The A ranking reflects Century’s growth and stability of earnings and dividends.

“Our dedication to our community, our customers and our shareholders is unwavering,” said Marshall M. Sloane, Founder and Chairman of Century Bank. “I founded Century with a strategy that has built solid financial performance and positions us for growth well into the future.”

“This ranking signifies that Century Bank is one of the best financially ranked regional banks in the state,” said Barry R. Sloane, President and CEO of Century Bank. “The ranking reflects great confidence in Century’s general and fiscal management and its leadership. This independent, third-party acknowledgement is an honor and validation that the Bank is on the right trajectory for future growth.”

Century Bank is the bank families, businesses and not-for-profits rely on in Massachusetts.

– Submitted by Century Bank