All posts by cantoncoopbank

Smart About Money: If you’re not with a bank you like & trust, switch!

This is not just about Canton Co-operative Bank, though that is obviously the bank I know best. From my previous career as a bank examiner, I know that what I am about to say is true of many, many community banks throughout New England and nationwide.

Day-to-day money management is a huge part of people’s lives. It makes a big difference if you’re with a bank you like and trust. Ideally that will be a bank where they’ll get to know you as a person and, if you’re trustworthy, they will come to trust you too.

Continue reading Smart About Money: If you’re not with a bank you like & trust, switch!

Something wonderful you probably didn’t know about: Bela Vasconcelos

It’s funny how you can know someone for quite a while and still be surprised to learn about something special in their past that brought them to Where They Are Today.

In 2001, Anabela (Bela) Vasconcelos was at Bridgewater State College. She also worked part-time as a teller at a local bank branch.

Continue reading Something wonderful you probably didn’t know about: Bela Vasconcelos

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?”

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

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.)

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