Yes, you can now open an account online at Canton Co-operative Bank …

People like to come into Canton Co-operative Bank to open accounts and we are always happy to see you here.

And now anyone 18+ can open new accounts online at cantoncoopbank.com 24/7/365. It takes about 5-10 minutes from your home, office or wherever you are.

Accounts that can be opened online include:
Totally Free Checking
50+ Interest Checking
VIP Free Interest Checking
High Interest Checking
Statement Savings
Money Market Accounts
(Click for more info on each account – scroll down on web page to see Savings & Money Market Accounts)

The “New Account Opening” button is on the home page of the Bank’s web site in the upper right-hand corner. Customers who have opened accounts online tell us the instructions are clear and the process is easy.

A word about Money Market accounts – a Money Market Account has more flexibility than a savings account or a CD. You get multiple ways to access your money and move it around as much as you want, which customers really seem to like.

There used to be some transaction limits on Money Market Accounts but those were lifted during the COVID years. And Money Market Accounts at Canton Co-operative are 100% insured by the FDIC and the DIF.

It’s easy to open a Money Market Account online at cantoncoopbank.com. If you have questions, call 781-828-8811×5 or come see us.

 

 

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What does it mean when you hear that your information “has been found” on the dark web?

It usually means that personal identification information like your birthdate and Social Security number are visible on a part of the internet that is not accessible through everyday searches on Google, for example.

Often this has occurred because of data breaches but the reality is that there is a lot of information on individuals available on the regular internet from public sources and various kinds of social media – everything from sites like Facebook and Venmo to online obituaries of family members.

Should you be worried about your information being on the dark web? As Canton Co-operative Bank President & CEO Nick Maffeo recently wrote in his Canton Citizen Smart About Money column, it may not be possible to remove your information from the dark web but there are three things you can (and should!) do.

First, freeze your credit reports with the three credit reporting agencies – Equifax, Experian and Transunion. Credit freezing is free and it helps prevent criminals from opening accounts in your name.

Second, consider setting up alerts on your accounts so you hear about unexpected transactions immediately.

And being cautious about the information you put out about yourself can limit the information scammers can learn about you.

You can read Nick Maffeo’s entire column with other tips and ideas here and – if you have any questions – come see us or call 781-828-8811 x5.

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