Financial Services >> CEO Interviews >> September 20, 2001

Marshall Sloane – Century Bancorp Inc (cnbka)

MARSHALL M. SLOANE is Chairman of the Board and Chief Executive Officer of Century Bancorp, Inc., the parent company of Century Bank and Trust Company, a banking institution with branch offices located presently in 16 cities and towns. Mr. Sloane was born in Somerville, Massachusetts, a suburb of Boston. He attended Somerville High School as well as Boston University and received an honorary degree, Doctor of Humane Letters, from Salem State College in 1988, as well as an Honorary Doctor of Laws degree from Southern New England School of Law in 1999. He served in the U.S. Navy during World War II. Well-known in banking circles with his views quoted in The Wall Street Journal and The New York Times, Mr. Sloane has concomitantly been active extensively in community affairs and has been widely recognized for his accomplishments. Among his awards are included the Sword of Hope Award by the American Cancer Society; The Silver Beaver Award; The Silver Antelope Award and The Silver Buffalo Award, Scouting's highest award, from the Boy Scouts of America; the Theodore L. Storer Memorial Award for outstanding public service in the Boston area; designation as a Baden Powell Fellow by the King of Sweden for furthering the development of the World Organization of the Scout Movement; the Israel Peace Medal; the Israel Bonds Salvador Dali Menorah Award; the Mortimer Schiff Award; and the Shofar Award from the National Jewish Committee on Scouting; the Allah-O-Akbar ribbon and medallion by the National Islamic Committee on Scouting; the St. George emblem for service to Catholic Youth; the Religious Heritage of America Business and Professional Award, given to those who, by practical application of religious principles in their daily lives and the lives of their industries or professions, have made an impact for good on national or community life; the Boston University, School of Management, Alumni Award for Distinguished Service to the Community; election by the Boston Junior Chamber of Commerce as one of Boston's Ten Outstanding Young Men; and appointment by President Lyndon B. Johnson to the Small Business Advisory Council. In 1994, His Eminence Bernard Cardinal Law, on behalf of His Holiness, Pope John Paul II, conferred upon Mr. Sloane the Knighthood of St. Gregory the Great. In addition to his work with Boy Scouts of America, both national and local, and as a member of the Board of Trustees of the Somerville Historical Society, Somerville Museum, the Board of Trustee of Catholic Charities of Boston and The Catholic Foundation of the Archdiocese of Boston, Mr. Sloane also serves as a Member of the Corporation of Partners Health Care Systems (formerly MGH) and Perkins School for the Blind. Mr. Sloane is a member of the Board of Trustees of Boston University and serves as Chairman of the Board of Visitors of the Boston University Henry M. Goldman Graduate School of Dentistry. He is a member of Massachusetts Bankers Association and serves on the Government Relations Council of the American Bankers Association. Profile
TWST: Could we begin with a brief historical sketch and overview of

Century Bancorp?

Mr. Sloane: If I could take you back to the very beginning it is roughly

32 years ago, I started the bank