PROTECTING YOURSELF & PEOPLE YOU KNOW FROM BECOMING SCAM VICTIMS
“If only he had refused to buy gift cards!”
JANUARY 2023
At Canton Co-operative Bank, we are passionate about helping people avoid being scammed. We thought it might be great to start the New Year off talking about everyone doing what we can to help each other avoid becoming the victims of scams.
In his Smart About Money column for the Canton Citizen, Canton Co-operative President & CEO Nick Maffeo recently wrote about a gentleman who was targeted for a scam. This man could not have stopped the scammers from targeting him and demanding gift cards in payment. But – as Nick wrote – “he could have stopped the scam dead in its tracks if he’d refused to buy gift cards.”
The most important thing you can do to help protect yourself and people you know from becoming the victim of a scam is to be prepared for the onslaught of scam and fraud approaches today. Emails, phone calls, texts, over Venmo. Scams come from every direction!
Talk to family and friends about how scammers try to convince victims they’re in some kind of trouble. Talk about how scammers often insist on secrecy and lies … how scammers want payments in gift cards, cashier’s checks, Bitcoin or wire transfer.
Even if their eyes glaze over in the moment, maybe your family and friends will remember what you said the next time they’re approached by a scammer. Maybe familiarity with the scammers’ techniques will help them avoid being scammed.
If you have a “Success!” story of how you or someone you know avoided being scammed or if you have questions about scams today, email or call Branch Manager April McKee at 781-828-8811 x170. If there’s something you think Canton Co-operative could do to help local people avoid being scammed, we’d love to hear about that too.
3 reasons to consider going with an Adjustable Rate Mortgage from Canton Co-operative right now …
1 – The rate on an Adjustable is lower than a traditional 30-Year fixed-rate loan.
2 – The low rate on our 5/1 Adjustable is locked in for 5 years. After that, the most it can go up is 2 points a year with a maximum lifetime of 6 points.
3 – If rates go down (and they could!), your rate may even drop at the time of adjustment. No need to pay to refinance!
With a 5/1 Adjustable from Canton Co-operative, your payments are lower for the next 5 years guaranteed. You get to sit back and see what happens next rate-wise.
Would an Adjustable Rate Mortgage be right for you? Come see us or call 781-828-8811 x4 and we can go over your numbers with you.
CANTONNEIGHBORSHELPINGNEIGHBORS
Pie Day Plus 2022 – you were amazing!
With food costs so high, the Canton Food Pantry had let us know that they needed more than pies this year.
The Food Pantry volunteers told us they were really struggling to help local families and individuals put a Thanksgiving meal on the table.
We helped get the word out and your response was amazing!
Thanks to customers and friends of Canton Co-operative, the collection bins here at the Bank were overflowing with boxes and bags of stuffing and cans of cranberry sauce … plus we delivered hundreds of pies to the Food Pantry and a cash donation too.
You made a huge difference for neighbors in need this year.
Thank you most sincerely for taking part in Pie Day Plus 2022!
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