“Did the tax code overhaul kill home equity loans?” That was the headline of an article in The Washington Post in January. Considering that millions and millions of homeowners have home equity lines and loans (and love them), it was pretty alarmist.
And it turns out that home equity lines and loans are alive and well. Even The Washington Post eventually admitted it later in their story.
Continue reading Smart About Money: “Did the tax code overhaul kill home equity loans?”
Canton, Mass. – Canton Co-operative Bank President & CEO Nick Maffeo has reported that long-time staff member Mary Bocash has received her “15 Years of Service” Award at the local independent community bank. She was also given the new title of Operations Manager to better reflect her role at the bank.
Continue reading Mary Bocash receives 15 Years of Service Award at Canton Co-operative Bank
I recently heard a story about a businessperson who discovered that the check a client had sent them had been intercepted somehow and cashed by a stranger in another state. This story had an odd twist.
Continue reading Smart About Money: Adventures in Check-Writing
From conversations we have with customers, there are basically two reasons why people don’t use Online or Mobile Banking:
1- Either they don’t see any need for it in their lives
2- Or they’re concerned about online security and hackers
And those are both perfectly valid.
Continue reading For people who aren’t using Online or Mobile Banking …
Canton, Mass. – Canton Co-operative Bank President & CEO Nick Maffeo has announced that Jill Corwin has joined the local independent community Bank as a Customer Service Representative.
Continue reading Jill Corwin joins Canton Co-operative Bank
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.
Continue reading Smart About Money: The Saddest Kind of Fraud
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.
Continue reading Smart About Money: New Ways Your Mortgage Can Work For You Today