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Bank of Canton Appoints Jeremy Devaney to New Residential Lending and Business Development Role

South Shore mortgage originator and equity strategist tapped for newly created position

Business Development & Residential Lending Manager Jeremy Devaney (NMLS #1313138)

CANTON, Mass. (June 7, 2024)Jeremy Devaney recently joined Bank of Canton as a business development & residential lending manager. In this newly created role, Devaney will work with the bank’s commercial and residential lending teams to originate mortgages and develop multi-service relationships with the bank’s commercial audiences.

“This is truly a unique and exciting opportunity for me at Bank of Canton,” said Devaney. “Throughout my professional career and my work in the nonprofit community, I’ve enjoyed taking on new challenges. In my new role, I’m able to draw upon my experiences across industries – investment banking, mortgage lending, even nonprofit development and leadership – to add value to client relationships and help clients achieve even greater success.”

Devaney began his career working in equity research and analysis, and rose to a senior associate position at CSP Associates in Cambridge. In 2015, he transitioned to residential lending, working for local and regional mortgage companies in the Greater Boston area as a residential loan officer and branch manager.

At the bank, Devaney will report to Executive Vice President Michael Lindberg and Senior Vice President of Residential & Consumer Lending J. Scott Gannon (NMLS #80565).

“Jeremy has a diverse and impressive background that is a great match for our organization,” said Gannon. “He has been successful in the commercial world and a top originator for a multi-state mortgage company, and he volunteers his time and expertise to improve the lives of others in the community. We’re looking forward to his contributions.”

In addition to his responsibilities at Bank of Canton, Devaney holds several leadership positions in the South Shore’s nonprofit community. He serves as the board chairman and economic development committee chair at the Marshfield Chamber of Commerce, where he helped triple the chamber’s membership and increased its annual operating budget five-fold. Devaney is also the co-founder and board chairman of the Atlantic Resiliency Innovation Institute, which incubates and supports next-generation coastal hazard mitigation technology solutions and workforce development, and he is an active member of the board and finance committee of the Plymouth Area Coalition for the Homeless.

Devaney received his Bachelor of Science degree in business administration from the College of Charleston in South Carolina. He lives with his wife and three children in Marshfield, where he is the head coach of the Grade 5 Marshfield Boys Youth Lacrosse program.

 

About Bank of Canton

Established in 1835, Bank of Canton is a Massachusetts-chartered mutual savings bank that offers its consumer, business and government banking customers access to a full array of deposit, loan, investment and convenience service options. As a mutual savings bank, the bank has no stockholders and acts exclusively in the best interests of its customers and communities. The bank lends throughout Massachusetts, and has branches in Canton, Quincy and Randolph and a mortgage center in Auburn. All deposits are fully insured between the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF). For more information, visit www.ibankcanton.com. Member FDIC. Member DIF. Equal Housing Lender. NMLS #408169.

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