Monthly Archives: April 2019

They were getting the run-around from their bank, so they came to Canton Co-operative

Canton Co-operative Bank President & CEO Nick Maffeo recently mentioned something he’s been noticing happening more and more often.

Specifically, people who are customers of other banks – especially the big, national banks – are going to their banks with what amount to general questions about their accounts. After getting the run-around from their bank, they come to Canton Co-operative for information and answers.

“It seems like non-customers are always coming in and asking us for help with something their bank can’t or won’t help them with,” Nick Maffeo said.

Continue reading They were getting the run-around from their bank, so they came to Canton Co-operative

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?