Bram Berkowitz

Bram Berkowitz

Banker & Tradesman Staff

Bram Berkowitz can be reached at
Dorothy Savarese

Dorothy Savarese

After giving she had her son, Dorothy Savarese was looking for a job that would allow her to cut back on the frequent traveling that came with her first career in economic development and spend more time with her family. But what started as a way to settle down quickly turned into a thriving career.

Julieann Thurlow

Julieann Thurlow

A self-described washed-up music major, Julieann Thurlow didn’t exactly choose her current career. But after learning about community banking and lending, she was hooked.

Century Bancorp, the holding company of Century Bank, continued to increase commercial and industrial lending, while also reporting double-digit income growth in the third quarter of this year.

Century Bank Parent Reports Q2 Earnings

The parent company of Medford-based Century Bank reported second quarter net income of nearly $9 million, or $1.62 per Class A share diluted, an increase of 10.3 percent compared to net income of $8.2 million, or $1.47 per Class A share diluted, for the same period a year ago.

Fed Chairman Bernanke Semi-Annual Monetary Policy Report To Senate Committee

FIs Still in Limbo

In January, when U.S. Attorney General Jeff Sessions rescinded the Cole Memo, Obama-era guidance that said the federal government would not interfere with states that legalized marijuana, many feared most financial institutions currently banking or considering banking marijuana businesses would get cold feet.