2019 Canton Helpline Annual Appeal is in the mail!

Your help is needed! Watch your mail! The town-wide 2019 Canton Helpline Annual Appeal is going in the mail in mid-April. Starting this year, donations by PayPal are also accepted. Canton Co-operative Bank is honored once again to be the Canton Helpline Annual Appeal ‘Mailing Sponsor,’ supporting the work of this community-focused non-profit that does so much good in Canton.

Photo: Vice-President/Senior Loan Officer & Helpline Board Member Anabela Vasconcelos and Helpline Treasurer Maureen Harriman

Smart About Money: Should a parent co-sign on child’s car loan?

While it is generally not a good idea to co-sign a loan for an adult friend or family member who may have well-known problems managing their finances, co-signing an auto loan (or apartment lease) for a son or daughter is a different situation. Should you do it? The answer is … it depends. It depends on the child. It depends on the car or apartment. It depends on the parent.

Continue reading Smart About Money: Should a parent co-sign on child’s car loan?

Free! First-Time HomeBuyer Info Session on Saturday, April 13th at Canton Co-operative

Canton, Mass. – Canton Co-operative Bank is sponsoring a free 90-minute First-Time HomeBuyer Info Session on Saturday, April 13th. Check-in is at 9:45AM and the program is from 10AM to 11:30AM at the Bank’s offices at 671 Washington Street in Canton Center. First-time homebuyers are invited to attend to get objective answers to all of their questions about mortgages, buying in this market, protecting themselves legally and more.

Continue reading Free! First-Time HomeBuyer Info Session on Saturday, April 13th at Canton Co-operative

Should you agree to co-sign a loan?

Canton Co-operative Bank President & CEO Nick Maffeo writes a popular monthly column on finances for the Canton Citizen. (His columns can be found on the Citizen web site and also here on Canton Co-operative’s web site).

He recently wrote in detail about the pros and cons of co-signing a loan for a family member or friend.

The bottom line: Co-signing is a complicated financial decision that should never be made quickly or casually.

Continue reading Should you agree to co-sign a loan?