Press Coverage

The Boston Globe: Regis College Honors Local Banker


Marshall M. Sloane School of Business and Communication shapes tomorrow’s leaders of global industry

Marshall Sloane’s son, Barry, speaks at the 2019 Let It Shine gala.Regis College has named the university’s School of Business and Communication after Marshall M. Sloane, founder of Century Bank. Sloane, who passed away in April, was a dedicated supporter of Regis who received an honorary degree and the Shining Example award from the university in recognition of his tireless philanthropic efforts in Greater Boston.

Sloane’s son Barry R. Sloane, and his daughter Linda Sloane Kay, recently accepted the honor on behalf of their family at the university’s annual Let It Shine gala.

“Regis had no greater champion in the university’s mission to improve lives through education than Marshall Sloane,” said Regis President Antoinette Hays, PhD, RN. “By honoring him in this way, the university is able to ensure that his tremendous legacy will forever inspire Regis students.”

“Linda and I are so humbled by the honor of naming the School of Business and Communication in honor of our dad. He was such a booster of the mission and success of Regis, to have a school named for him would have brought tears to his eyes. He would be justifiably proud,” said Barry Sloane. “Higher education meant so much to him, and the idea that thousands of graduates will bear his name on their diplomas is a fitting legacy to his life of accomplishments, and his credo that ‘Character Counts.’”

Students of the Marshall M. Sloane School of Business and Communication represent the future leaders of regional, national, and global industry. Graduates leave with advanced skills prepared to lead in business, entrepreneurship, marketing, communication, and more. Students participate in cutting-edge seminars and focused, high-level internships at investment firms, hospitals, federal government offices, and other prestigious organizations. Professors bring real-world experience into the classroom to combine theory and practice, providing quality individual and seminar-style mentoring.

Marshall Sloane was born and raised in Somerville. He graduated from Somerville High School and served in the U.S. Navy during World War II. In 1969, he founded Century Bank and Trust Company, a full-service commercial bank focused on the betterment of the community and on providing financial services to small and medium sized businesses. A strong believer in community involvement, Sloane’s extensive work and accomplishments in community affairs have been widely recognized. Sloane was married to his wife, Barbara for 65 years. They have three grown children and nine grandchildren.