“Two Things to Consider in 2024” … Nick Maffeo’s President’s Letter, January 2024

From Nick Maffeo, President & CEO, Canton Co-operative Bank   If you have your mortgage here at Canton Co-operative and you’re thinking of accessing the equity in your home, applying for a Home Equity Line of Credit with us is very easy since we already know you.

With a Canton Co-operative Home Equity Line of Credit, you have control of when you use your equity. Our unique Carve Out option gives you flexibility on how you re-pay it. Most other banks don’t offer anything like this fixed-rate home equity line re-payment option. Borrowers love it!

If you have a mortgage or home equity line somewhere else and you’d rather be here with us to get access to a feature like the Carve Out option, come see us or call VP/Senior Loan Officer Anabela Vargas or Loan Officer/Closing Coordinator Robert Dalo at 781-828-8811 x4.

Do you know someone who has a residential real estate development idea – an idea they’ve had for a while but they aren’t sure how to take the next step?

Maybe that’s you? Or maybe you’ve already done some residential development and you’d like to work with a local construction lender you genuinely like and trust, someone you feel comfortable asking, “What do you think? Does this deal make sense?”

Nick Maffeo At Canton Co-operative Bank, we finance acquisition and 100% of construction. Commercial Real Estate Officer David DiFronzo specializes in helping people figure out if their project is worth doing. He also works with experienced developers to help make deals happen and run smoothly. David can be reached at 781-828-8811 x290.

Nicholas Maffeo, President &CEO
NMLS #786186
(All lending subject to credit approval.)

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