| Central Bancorp, Inc. |  | Central Bancorp is the holding company for Central Co-operative Bank. Operating as Central Bank, it serves Middlesex County in the northwestern suburbs of Boston through about 10 bank branches and loan centers. The bank's primary business is gathering deposits by offering NOW, money market, checking, and savings accounts; CDs; and retirement savings plans. It primarily uses these funds to originate commercial mortgages (more than half of all loans in the company's portfolio, up from 20% in 2001). Residential mortgages have gone down from around 70% to less than 40% since then. The bank also offers construction, home equity, business, and consumer loans, as well as credit cards. | | Visit Website | | Office Address | 399 Highland Avenue,
Somerville, Massachusetts, 02144 USA | | Phone | (617) 628-4000 | | Executives | John D. Doherty, Chairman and CEO, Central Bancorp and Central Bank | | William P. Morrissey, President, COO, and Director, Central Bancorp and Central Ba |
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