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Bank of Canton Promotes Charles Gaffney to SVP, Operations & Technology

Longtime I.T. department head assumes senior leadership role

Charles Gaffney, SVP of Operations & Technology at Bank of Canton

CANTON, Mass. (March 14, 2024) – Bank of Canton recently promoted Charles Gaffney, longtime head of the bank’s information technology department, to the position of senior vice president of operations & technology. In his expanded role overseeing bank operations, security, facilities and I.T., Gaffney succeeds senior vice president Peter Shea, who will soon retire after a 35-year career with the bank.

“I’m honored to have this opportunity,” said Gaffney. “Technology and service delivery are constantly evolving in the banking industry, and the customer experience is greatly impacted by how we navigate those changes. Evaluating, implementing, and maintaining new banking and lending services – while striking the proper balance between convenience and security – is crucial to our continued success.

“I’m excited to lead a talented team that’s committed to supporting, educating and protecting our customers, and delivering a top-notch banking experience every day.”

Gaffney was the bank’s vice president of information technology for nearly 21 years prior to his promotion. Before joining Bank of Canton in 2003, he served as assistant vice president/operations officer at Peoples Federal Savings Bank. In his new role on the bank’s executive team, he reports directly to the bank’s president and CEO, Stephen P. Costello.

“Charlie’s been a valuable contributor to Bank of Canton for over 20 years,” said Costello. “Working closely with Peter Shea during that time, he gained exposure to our operations function, and broadened his banking and leadership skills by pursuing career development opportunities. We’re fortunate to have someone with his institutional knowledge and expertise assume responsibility for our operations and I.T. departments, and I look forward to his continued growth and success.”

Gaffney graduated from Providence College with a Bachelor of Science degree in economics, and received a Stonier diploma and Wharton leadership certificate from the ABA Stonier Graduate School of Banking. He lives with his wife and three children in Scituate, where he serves on the board of the Scituate Beach Association.

 

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.