A local news network’s web site recently recounted an unfortunate story about something that absolutely did not have to end up the way it did.
Recently a woman in Metro Boston discovered that her long-time housekeeper was embezzling. Specifically, her housekeeper had been forging checks against a checking account that this woman and her husband had for their kids’ college tuition savings at a large national bank.
Continue reading Smart About Money: “If only she’d looked at her bank statements sooner …”
Scam artist criminals are always “switching it up,” trying to fool you into believing their lies “this time.”
For example, two of the most common scams of all time are the “Overpayment Scam”and the “Grandparent Scam.”
Continue reading Don’t believe scam artists’ lies!
Canton, Mass. – Canton Co-operative Bank will once again be sponsoring its free community HomeBuyer Info Session on Saturday, September 21st from 9:45AM to 11:30AM at the Bank’s offices at 671 Washington Street in Canton Center. And all homebuyers are invited!
Continue reading Free! HomeBuyer Info Session on Saturday, September 21st at Canton Co-operative … all homebuyers welcome!
The other day, a colleague told me about what seemed to be a public service announcement (PSA) on the radio. It was addressed to young people.
Apparently, a young man had received a request for a Venmo payment from someone he knew. Venmo – a mobile payment service owned by PayPal – describes itself as “the simple, fun money app for sending cash quickly between friends.”
Continue reading Smart About Money: “Only send money to people you know …”
Recently, a customer who had a mortgage and an equity line on their home here in Canton said their son was planning to buy a house in a nearby town and they really wished he could work with us to get his mortgage. (We told them, “He can!”)
Around the same time, another customer asked if they could get a mortgage with us for a vacation/beach house they were hoping to find soon. (The answer was, “Yes!”)
Continue reading Mortgages, home equity lines and refinances available for properties in Canton and throughout Eastern Mass.
Canton, Mass. – Three Canton Co-operative Bank employees – Teller Janet Sykes, Operations Manager Mary Bocash and Branch Manager April McKee – recently banded together to prevent a Canton Co-operative Bank customer from becoming the victim of a fraud.
Continue reading Canton Co-operative Bank employees save customer from scam …
Personal finance expert Suze Orman often speaks about the importance of “expecting the unexpected,” and she’s right.
Of course, sometimes people face disasters no one could have seen coming or planned for. But things such as higher property tax bills, “emergency” dental surgery, significant veterinarian bills for pet operations and car repairs are among the common “unexpected” expenses everyone runs into sooner or later.
Continue reading Smart About Money: Should people be required to have cash reserves?