Blog

Applying for a loan, whether it’s your first home purchase mortgage, a home equity loan to consolidate debt, or for home improvements, can be a nerve-wracking process especially when you don’t know what to provide. We’re happy to put you at ease by explaining what we’ll need for documentation.   If you ever have any questions, at any point in the application process, please feel free to reach out to us via phone or email.  

Funding will support the hospital’s campaign to expand its 50-year old Emergency Department and kicks off the $1M Harold Grinspoon Charitable Foundation Challenge.

Buying a home is one of the most important decisions you can make in your life. It involves a lot of research, planning, and negotiation. Partnering with a local lender to help you navigate your options is a great first step. Additionally, there are some tips to consider you as you begin the homebuying process.

If you receive a phone call from someone claiming to be from your bank, you might be wondering how to tell if it is a legitimate call or a scam. Scammers often use spoofed phone numbers, fake caller IDs, and convincing scripts to trick you into revealing your personal or financial information. Here are some tips on how to tell if a call from your bank is legitimate.

Cooperative Banks are Massachusetts chartered banks that were authorized by the legislature. They were formed by leading citizens in local communities to provide banking for the entire community.  The intent was depositors formed a “cooperative” where the bank is run for the benefit of all its depositors.  That same focus remains today. 

Greenfield Cooperative Bank is proud to announce that Jane Wolfe, Executive Vice President of Residential Lending, successfully completed the inaugural American Bankers Association’s Wharton Leadership Lab at the University of Pennsylvania last week. She earned an ABA Wharton Executive Leadership Certificate, a prestigious credential that demonstrates her excellence in leadership and strategic planning.

P2P money service stands for peer-to-peer money service. It is a way of sending and receiving money online using an app or a website that connects you with another person who has a bank account or a card. Some examples of P2P money services are PayItNow, PayPal, Venmo, Cash App, and Google Pay.

Greenfield Cooperative Bank has been approved to participate in the Lift Up Homeownership program, a Federal Home Loan Bank of Boston pilot program designed to provide financial assistance to people of color purchasing their first home. People of color is defined as Black, American Indian or Alaska Native, Hispanic, Asian, and Native Hawaiian or Pacific Islander borrowers.

Anthony Worden, President & CEO of Greenfield Cooperative Bank and its parent company, Greenfield Bancorp, MHC announced the operating results of the bank’s latest fiscal year as announced at the 118th Annual Meeting of the Bank on June 20, 2023. 

Greenfield Cooperative Bank is proud to announce that Adam Baker and Chelsea Depault have successfully completed the ABA Stonier Graduate School of Banking program at the University of Pennsylvania, and have earned their Stonier Diploma and a Wharton Leadership Certificate.