A RARE U.S. BANK STILL OPERATING UNDER ITS ORIGINAL FOUNDING NAME
Canton Co-operative Bank celebrating 135th anniversary in 2026
SUMMER 2026
Canton Co-operative was founded in 1891 by Canton people who wanted to provide the community with a safe place to save and a safe place to borrow.
Our first president - Ephraim Thorndike - spoke at the time about that promise, a promise that still guides this Bank today.
Canton Co-operative is one of the very few banks in the country still operating under its original founding name. We are – and always have been – an independent mutual community bank. Customers come first with us. Not Wall Street.
We are honored to be part of the Canton community and to have been part of your families’ lives over generations. As current President & CEO (and Canton native) Nick Maffeo said, “People can see that Canton Co-operative is here for them – because we are and we have been for 135 years.”
News ... Updates ... Ideas
A first-time homebuyer said, “ My mom told me to call you ... ”
That person’s mother was a long-time customer at Canton Co-operative Bank. She knew we’d take good care of her son who was buying a home for the first time. Later he told us he would absolutely tell his friends to call us too.
At our recent HomeBuyer Info Session, VP/Senior Loan Officer Anabela Vargas told attendees that Canton Co-operative is different, and that makes a huge difference for all homebuyers - especially for first-time homebuyers. Our focus is 100% local and we specialize in helping people around here buy homes.
At the Info Session, REALTOR® Nancy Lesperance of Berkshire Hathaway HomeServices Commonwealth Real Estate added that homebuyers are best-served when they work with a team of local professionals who have a proven track record of cooperating - with the goal of helping buyers get to the closing.
Real estate attorney Michelle Tiews of Vieira & DiGianfilippo pointed out that buyers benefit after the closing too. “When new homeowners receive mail designed to look ‘official’ and sell them services they don’t need, they like being able to run those things by me,” she said.
Whether it’s your first home or your next home, Canton Co-operative has been a trusted local lender since 1891. Come see us, call 781-828-8811 x4 or apply online.
In spite of the rain, Shred Day 2026 a big success!
The weather did not cooperate but so many people came by and they were all very glad to be able to get their documents securely shredded at the Bank’s annual Shred Day on Saturday, May 30th. Thanks to everyone who brought a donation for the Canton Food Pantry!
And Shred Day 2027 will be next May or June. Watch your email for more info.
Photo: Canton Co-operative President & CEO Nick Maffeo helping out on Shred Day
Canton Co-operative Bank - safe and reliable since 1891.
Customers' deposits are insured 100% in full without limit by the FDIC and DIF.
Click here for more information.
(Click here if you'd like to sign up to automatically receive the "Good Ideas!" e-Newsletter!)