At a recent banking conference, a banker from the North Shore told me about a particularly unfortunate situation she had run into. A young man came into her bank to cash a check. He did not have an account at that bank, but the check was from an account-holder.
Up until about the mid-1980s, a homeowner who wanted to borrow against the equity in their home had to take out what was known as a “second mortgage.” And there was a stigma against second mortgages.
$1000 was raised for the Salvation Army by the customers and friends of Canton Co-operative Bank on Wednesday, December 6th.
Pictured (from left to right) are: Tim Veglas, SE Field Representative for The Salvation Army, Canton Co-operative staff members Sharlene Malcolm, Jennifer James, Mary Bocash and Sue Mathena and President/CEO Nick Maffeo.
Thanks to everyone who contributed!
Canton, Mass. – Canton Co-operative Bank President & CEO Nick Maffeo has announced that Kristina Shaughnessy has joined the local independent community bank as Assistant Treasurer.
Christmas and New Year’s Day are on Mondays this year and the Bank will be closed. Online/mobile banking, telephone banking and ATMs are available 24/7.
FYI – Canton Co-operative Bank will be open regular hours, 9AM to 12 noon, on both Saturday, December 23rd and Saturday, December 30th.
These big data breaches – like the recent Equifax hack – are very frustrating. Especially when they happen to huge companies that you’d think would have multiple layers of systems in place to protect themselves and their customers’ information.
Canton, Mass. – Once again this year, Canton Co-operative Bank will be bringing store-bought pies to the Canton Food Pantry on the Friday before Thanksgiving – Friday, November 17th.