Item 1.01 Entry into Material Definitive Agreement

On August 17, 2020, Century Bancorp, Inc.'s wholly owned subsidiary, Century Bank and Trust Company, entered into material definitive agreements with Barry R. Sloane and Linda Sloane Kay (The "Insureds"), copies of which are attached hereto as Exhibit 10.1 and 10.2 and incorporated herein by reference. The agreements provide life insurance protection for the Insured's family in the event of the Insured's death. The death benefit will be equal to $10,000,000 for Barry R. Sloane and $5,000,000 for Linda Sloane Kay.

Item 9.01 Financial Statements and Exhibits




(d)  Exhibits



10.1      Century Bank and Trust Split Dollar Life Insurance Agreement with Barry
        R. Sloane dated August 17, 2020.

10.2      Century Bank and Trust Split Dollar Life Insurance Agreement with Linda
        Sloane Kay dated August 17, 2020.

104     Cover Page Interactive Data File (embedded within the inline XBRL
        document).

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