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Bank of Canton Names J. Scott Gannon Head of Residential and Consumer Lending

Mortgage executive brings 30 years of local and national market experience

SVP, Residential & Consumer Lending J. Scott Gannon (NMLS #80565)

CANTON, Mass. (February 27, 2023)J. Scott Gannon was recently named Bank of Canton’s new senior vice president of residential and consumer lending. With more than 30 years of experience developing and overseeing mortgage programs for local and national lenders, Mr. Gannon succeeds George DeMello, who was instrumental in recruiting Mr. Gannon for the role.

“I’m both grateful and excited for this opportunity to lead an established, community-oriented lending program,” said Mr. Gannon. “Bank of Canton already has a great lending team and a strong commitment to the borrower experience, as shown by the bank’s recent substantial investments in technology. I’m looking forward to building upon this program’s success, navigating changes in the market, and seizing opportunities for responsible and sustainable growth.”

As head of the bank’s residential and consumer lending program, Mr. Gannon is responsible for all aspects of the bank’s retail and wholesale residential mortgage program and consumer loan department, including loan originations, underwriting and processing, servicing, compliance and secondary market efforts. His previous roles include leadership positions at local, regional and national mortgage companies and banks, and a $2.5 billion credit union.

Mr. Gannon serves on the bank’s executive team, reporting directly to the bank’s president and CEO, Stephen P. Costello.

“Scott is an accomplished leader and team-builder, with experience growing sales while maintaining operational excellence,” said Mr. Costello. “I’m confident he will make a positive impact on our executive team, our balance sheet, and, most importantly, our customers’ borrowing experience.”

A resident of Wellesley, Mr. Gannon received his B.A. in economics from Rollins College in Winter Park, Florida. He is a fourteen-time marathon runner, and has raised more than $100,000 for nonprofit organizations including the Open Door Foundation, Sloan Kettering Hospital and Casa Myrna.

 

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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Upcoming Events

  • Estate Planning Lunch & Learn in Canton

    April 8 @ 12:00 pm - 1:00 pm at Bank of Canton, Canton Center Branch

    The B.O.C. Life Solutions team will discuss how you and your family can:

    • Protect assets from nursing home costs
    • Transfer assets and pay minimal estate taxes
    • Appoint a health care proxy to assist with medical decisions
    • Avoid the uncertainty, costs, and delays of probate

    Event is free & all are welcome. Lunch will be provided to those who RSVP. Call 781-830-6152 or email Peter Fredericksen with questions.

    RSVP Today

    B.O.C. Life Solutions is a licensed subsidiary of Bank of Canton. Bank of Canton does not provide legal or tax advice; consult your legal/tax advisor. Investment and insurance products: NOT FDIC-INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.


  • Virtual First-Time Homebuyer Workshop (3 Nights)

    April 8 @ 6:00 pm - 9:00 pm at Zoom Meeting

    Join Quincy Community Action Programs (QCAP) and Bank of Canton for a comprehensive home buying workshop, featuring real estate professionals, counselors and lenders offering expert guidance and advice. This three-evening workshop over Zoom qualifies as a MassHousing-approved homebuyer counseling course, and attendees of all three sessions will receive a Certificate of Completion.

    • Session 1: Tuesday, 4/8, 6:00pm-9:00pm
    • Session 2: Wednesday, 4/9, 6:00pm-9:00pm
    • Session 3: Thursday, 4/10, 6:00pm-9:00pm

    Register Today

    Bank of Canton is a proud sponsor of (and participant in) this QCAP educational series.


  • Estate Planning Lunch & Learn in Quincy

    April 9 @ 12:00 pm - 1:00 pm at Bank of Canton, Quincy Branch

    The B.O.C. Life Solutions team will discuss how you and your family can:

    • Protect assets from nursing home costs
    • Transfer assets and pay minimal estate taxes
    • Appoint a health care proxy to assist with medical decisions
    • Avoid the uncertainty, costs, and delays of probate

    Event is free & all are welcome. Lunch will be provided to those who RSVP. Call 781-830-6152 or email Peter Fredericksen with questions.

    RSVP Today

    B.O.C. Life Solutions is a licensed subsidiary of Bank of Canton. Bank of Canton does not provide legal or tax advice; consult your legal/tax advisor. Investment and insurance products: NOT FDIC-INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.