The Bank of Canton is headquartered in CANTON and is the 62nd largest bank in the state of Massachusetts. It is also the 1,276th largest bank in the nation. It was established in 1835 and as of June of 2024, it had grown to 113 employees at 6 locations. The Bank of Canton's CD rates are 11% higher than the national average, and it has an A health rating.
| Overall | |
|---|---|
| FDIC Certificate # | 90175 |
| Year Established | 1835 |
| Employees | 113 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.87% |
| Return on Equity - YTD | 6.67% |
| Annual Interest Income | $19.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $765.7MM$820.6MM |
| Loans | Q2 2024vs Q2 2023 | $539.5MM$554MM |
| Deposits | Q2 2024vs Q2 2023 | $654.1MM$724.2MM |
| Equity Capital | Q2 2024vs Q2 2023 | $102.2MM$93.3MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $5MM$5.2MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $1.1MM$1.9MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | $10 | - | Passbook Savings | |
| 0.10% | $10 | - | Statement Savings | |
| 0.10% | $10 | - | Holiday Club | |
| 0.10% | $10 | - | Business Savings |
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | $1k | - | Free Checking with Interest |
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.25% | $1k | - | 3 Year CD | |
| 2.00% | $1k | - | 2 Year CD | |
| 1.00% | $1k | - | 1 Year CD | |
| 0.25% | $2.5k | - | 6 Month CD | |
| 0.20% | $2.5k | - | 91 Day CD |
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.25% | $500 | - | 3 Year IRA | |
| 2.00% | $500 | - | 2 Year IRA | |
| 1.00% | $500 | - | 1 Year IRA |
| The Bank of Canton Locations | ||
|---|---|---|
| Turnpike Street Branch | 259 Turnpike Street | Canton, MA 02021 |
| The Bank Of Canton | 490 Turnpike St | Canton, MA 02021 |
| Washington St Branch | 557 Washington Street | Canton, MA 02021 |
| Mcgrath Highway Branch | 60 Mayor Thomas J. Mcgrath Highway | Quincy, MA 02169 |
| Randolph Branch | 67 North Main Street | Randolph, MA 02368 |