All posts by cantoncoopbank

Smart About Money: The negotiating question you should never answer?

 

A gentleman came into the Bank to get an objective opinion on a car loan he was considering.

“The people at the dealership asked me what I was looking to pay a month,” he told me. “And that’s the amount the payment is. I can see that. But it looks like this car loan goes out to 2024. Can that be right?”

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Canton Co-operative Bank’s 2nd Annual Shred Day another big success!

The day before would have been a wash-out. And it was cloudy and a little cold. But the local people who stopped by Canton Co-operative’s 2nd Annual Free Community Shred Day on Saturday, April 22nd – which was Earth Day! – were delighted to be able to safely get rid of old papers documents … and get a free cupcake and free gifts!

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Smart About Money: Be your own loan officer with a Home Equity Line

Have some people mis-used Home Equity Lines of Credit? Absolutely! In the mortgage meltdown of 2008, a lot of people used their equity to enhance their lifestyles, putting that spending “on the house” instead of on a credit card. (A colleague recently told me about a grandparent who maxed out $175,000 of home equity treating their grandkids to gifts and expensive trips – quite a sum.)

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Canton Co-operative Bank sponsoring 2nd Annual Free Community Shred Day on Saturday, April 22nd from 9AM until noon

Canton, Mass. – Canton Co-operative Bank will be sponsoring its 2nd annual free community Shred Day on Saturday, April 22nd from 9AM until noon at the Bank’s Main Office, 671 Washington Street in Canton Center.

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