Fact Sheet

Bailout Bank Bio: Central Bancorp, Inc.

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January 28, 2009
Programs: Budget & Tax

Central Bank logoCentral Bancorp, Inc. is the holding company of Central Co-operative Bank, which provides commercial banking services in the northwestern suburbs of Boston, Massachusetts. The company operates nine full-service office facilities in Somerville, Arlington, Burlington, Chestnut Hill, Medford, Melrose, and Woburn, Massachusetts, and is based in Somerville, Massachusetts. Central Bancorp will receive $10 million through the Treasury Department’s Capital Purchase Program.


Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles


Bailout Bank Bio: Central Bancorp, Inc.

 

Federal Equity Investment

$10 million

Total Revenue

$34.315 million (2007)

Net Income

$1.447 million (2007)

Number of Employees

111

Corporate Headquarters

Somerville, Massachusetts

Business Sector

Financial

Officers and Directors

Morrissey, William, Chief Operating Officer, Executive Vice President of the Bank
Kearn, David, Executive Vice President, Senior Lending Officer of the Bank
Feeley, Paul, Chief Financial Officer, Senior Vice President, Treasurer

Other Officers and Directors

Corporate Website

http://www.centralbk.com

Executive Compensation

Central Bancorp

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

►Financial Documents

2008-12-30 Central Bancorp 8K

2008-09-30 Central Bancorp 10Q

2008 Central Bancorp Proxy

2007 Central Bancorp 10K

Federal contracts

No federal contracts located.

Lobbying reports (if any)

Third Quarter 2008

No lobbying documents located.

Political Contributions

No political contributions located.

Related Articles

No articles located.

 

Last Updated January 28, 2009

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