Cape & Coast Bank Restructures Business Banking Division to Accommodate Strong Market Growth

capeandcoastbk on February 5, 2025

Brainson and Carey to Lead Business and Commercial Banking Groups – Robicheau Returns to Cape & Coast Bank in Business Role

HYANNIS, Mass. (February 5, 2025) – Cape & Coast Bank is strengthening its Business Banking division to better support local businesses and the Cape Cod community. With increasing demand for personalized financial solutions, the Bank is proud to announce the promotions of Allyson Brainson and Robert Carey, as well as the return of Donald Robicheau.

“At The Coop, we know that behind every business is a story—of passion, hard work, and a vision for the future,” said Lisa Oliver, Chair, President, and CEO of Cape & Coast Bank. “By expanding our Business Banking team with experienced professionals who truly understand the needs of Cape businesses, we’re reinforcing our commitment to providing tailored financial solutions and local expertise that help businesses grow and thrive.”

Strengthening Business Banking Leadership

  • Allyson Brainson, First Vice President, Business Banking Market Leader, will lead a dedicated team focused on supporting small businesses. With more than two decades of banking experience, Brainson has been a trusted partner for local business owners since joining the Bank in 2021. Her team, which includes Glenn FitzGerald, Kathy Granlund, and Donnie Robicheau, will work closely with the Bank’s Retail Branch teams to provide hands-on guidance and financial solutions that meet the evolving needs of small business clients.
  • Robert Carey, First Vice President, Commercial Banking Market Leader, will oversee a team of experienced Commercial Relationship Managers—Jamie Cannavo, Mary Lenihan, and Joni Traficante—who specialize in helping businesses with complex financial needs. Since joining Cape & Coast Bank in 2013, Carey has built strong relationships with business owners, offering strategic financial solutions that support long-term growth and success.
  • Donald Robicheau returns to Cape & Coast Bank with nearly 20 years of experience in banking and a passion for supporting small businesses. Previously serving in roles such as Treasury Management Officer and Small Business Relationship Manager, Robicheau brings valuable insight and expertise to the team. As an Accredited Payments Risk Professional (APRP), he is well-versed in helping businesses navigate financial security and optimize their banking operations.

With these leadership enhancements, Cape & Coast Bank reaffirms its dedication to being a trusted financial partner for businesses of all sizes. The Bank remains committed to providing personalized service, local expertise, and innovative financial solutions—ensuring that Cape Cod businesses have the resources they need to succeed.Rob, Allison, and Donnie

Cape & Coast Bank Announces Retirement of President, CEO, and Chair of the Board Lisa Oliver

capeandcoastbk on January 15, 2025

Lisa J. Oliver, President & Chair

Cape & Coast Bank announced the planned retirement of Lisa J. Oliver, who has served as President and Chief Executive Officer since 2017 and additionally served as Board Chair since 2020. Under her leadership, the bank has evolved into a dynamic and resilient institution, achieving substantial growth while deepening its commitment to the Cape Cod community.  Oliver’s retirement, effective October 31, 2025, will conclude a successful tenure marked by her dedication to relationship management, service excellence, community involvement, and financial strength.

Over the past eight years with the bank, Oliver has spearheaded its expansion into new areas of lending across New England, including commercial construction, specialty real estate, and sponsored finance – helping to nearly double the bank’s assets to $1.6 billion. In 2018, Oliver was instrumental in creating Cape & Coast Bank Charitable Foundation Trust, a cornerstone initiative that embodies the bank’s dedication to addressing critical needs in Cape communities, from affordable housing to youth programs and social justice initiatives. Her vision has set a high standard for community banking, earning the bank local and national recognition, including accolades from Bank Director magazine for its achievements in diversity.

“It has been an honor to lead Cape & Coast Bank through such a dynamic period,” said Oliver, reflecting upon her tenure at Cape & Coast Bank. “Together, we’ve built a more agile and community-focused institution. I am confident the bank is positioned for continued growth, and I look forward to seeing its future unfold.”

While Oliver’s decision to retire considers personal and family health factors, she expressed gratitude for the opportunity to lead and strengthen the bank alongside a dedicated team.

Oliver’s visionary leadership has transformed Cape & Coast Bank into a recognized market leader, built on a foundation of client-centered innovation, strategic growth, and unwavering community focus. Her drive to position the bank as an agile, forward-thinking institution has ensured its adaptability and strength in an increasingly competitive banking landscape.

She also guided the bank, with strong dedication and support from employees throughout the organization, during the global Covid-19 pandemic. As Cape Cod’s small businesses suffered through the pandemic, Oliver responded with a strategy to quickly assist, and the bank became the first local financial institutions to offer business loan applications online.  Streamlined applications allowed for fast decisions and easier access to capital with less obstacles. Through the Paycheck Protection Program, the bank processed 1,400 loans, distributing more than $76 million in Round 1 and $44 million in Round 2 to help local businesses stay afloat during the pandemic.

Key Highlights of Oliver’s Leadership:

  • Community Engagement: Under Oliver’s leadership, the bank expanded its philanthropic focus, establishing Cape & Coast Bank Charitable Foundation, which supports local nonprofit organizations through donations and community grants. Her commitment to civic involvement is further evident in her community roles, such as her board positions with the Cape Cod Chamber of Commerce and The Cape Cod Foundation.
  • Financial Products and Services Innovation: Lisa recognized the unique needs of Cape Cod’s small business community and prioritized the development of new financial services, including faster access to small business loans with streamlined decision-making and improved credit solutions. The bank also launched new products including a personal payment program for consumer clients, adding convenience and flexibility.
  • Operational and Technological Advancements: To enhance employee collaboration and client service, Oliver oversaw a significant renovation of the bank’s headquarters, modernizing the space to support more dynamic, tech-enhanced operations. This initiative reflected her focus on future-proofing the bank’s operations through strategic investments in technology and infrastructure.
  • Industry Recognition and Leadership: Oliver has been recognized as a leader in the industry, winning awards such as the Champion for Women Award from the Massachusetts Bankers Association and being named a Woman to Watch by American Banker. She has also contributed to industry-wide initiatives, including her involvement with the American Bankers Association Women CEO Peer Group.

Oliver’s legacy at Cape & Coast Bank goes beyond her achievements; she has broken significant barriers as the first female President in the bank’s 104-year history and the first Chair of its Board of Directors. As Lisa prepares to conclude her impactful tenure, the bank is poised for even greater strides in service excellence and innovative solutions. This next chapter will honor the bank’s dedication to Cape Cod while introducing exciting enhancements that continue to position it at the forefront of community banking.

“On behalf of the Board, we are deeply grateful to Lisa for her vision, commitment, and the profound impact she has had on our organization and community,” said Gene Guill, Lead Director of Cape & Coast Bank. “She leaves the bank well-prepared for continued success, and we are confident in the strong foundation she and her team have built.”

The Board of Directors has established a search committee to guide a smooth leadership transition, with a focus on selecting an experienced bank leader who embodies the values of community banking and a commitment to client relationships, community engagement, and sustainable growth. Both internal and external candidates will be considered, with a goal of selecting a successor who will advance Cape & Coast Bank’s role as a trusted partner and leader across the region. The bank remains dedicated to building on Oliver’s legacy and advancing its mission to be the best bank for Cape Cod.

Cape and Islands United Way Welcomes Erik Porter to Board of Directors

capeandcoastbk on January 6, 2025

Erik Porter headshot - professional headshot of Erik Porter, Executive Vice President, Chief Financial Officer and Treasurer with The CoopThe Cape and Islands United Way has welcomed Erik Porter to its Board of Directors. Erik Porter is the Executive Vice President, Chief Financial Officer, and Treasurer of Cape & Coast Bank. He has previously served as a board member of the Boston Chapter of the Financial Manager’s Society and The Family Pantry of Cape Cod.

“The Cape and Islands United Way is a vital social impact organization dedicated to serving our region, and I am truly honored to join its board of directors,” said Erik. “I look forward to collaborating with fellow board members, donors, and volunteers to address the critical needs of our local community—focusing on health, education, housing, and economic stability.”

Erik is an accomplished financial services industry executive with more than two decades of experience. He’s previously held senior leadership roles at Metro Credit Union, Cape Cod Five Cents Savings Bank, CFGI, Wainwright Bank & Trust and Wolf & Company P.C. Erik holds a bachelor’s degree with concentrations in accounting, finance, and economics from Western New England College. He is also an honors graduate of the American Bankers Association (ABA) Stonier Graduate School of Banking, where he also earned the Wharton Leadership Certificate from The Wharton School, Aresty Institute of Executive Education at the University of Pennsylvania.

“We are thrilled to welcome Erik to our Board of Directors,” said Mark Skala, President of CIUW. “With his decades of experience in the financial sector and true passion for doing good in our local community, we have no doubt that Erik will offer invaluable insights and expertise as a Board Director. As we enter 2025, we are eager to continue to make relevant, sustainable community impact possible and improve the lives of those who call the Cape and Islands home.”

Cape & Coast Bank Appoints Jamie Cannavo as Commercial Relationship Manager

capeandcoastbk on December 31, 2024

Jamie Cannavo headshotCape & Coast Bank is pleased to announce the appointment of Jamie Cannavo as First Vice President, Commercial Relationship Manager. In her new role, Jamie joins the bank’s commercial lending team, where she will focus on delivering tailored financial solutions and driving business growth for clients across the region.

With 15 years of experience in banking, Jamie most recently served as Vice President at HarborOne Bank. She has built a proven track record in relationship building, credit analysis, and loan management—expertise that aligns perfectly with Cape & Coast Bank’s mission to foster local economic growth.

“Jamie brings experience to Cape & Coast Bank’s team that benefits the entire community,” said Lisa Oliver, Chair, President, and CEO of Cape & Coast Bank. “Her expertise in commercial lending and commitment to supporting local businesses will be invaluable as we continue to grow our commercial banking services.”

As a Commercial Relationship Manager, Jamie will leverage extensive knowledge of real estate lending, credit risk assessment, and loan portfolio management. She will also be responsible for ensuring compliance with financial reporting and credit requirements while continuing to build a strong portfolio of commercial loans and deposits.

“Cape & Coast Bank is well known as a community focused institution with a strong reputation for personalized service supporting local growth,” said Jamie. “I look forward to using my experience in commercial lending to help businesses thrive, creating momentum across Cape Cod’s business community.”

With a Master of Business Administration and a Bachelor of Science in Finance from Bentley University, Jamie’s previous employment experience includes commercial banking and credit analysis at the Federal Reserve Bank of Boston and John Hancock.

Jamie is committed to devoting her time to community-based charities, volunteering with organizations such as Habitat for Humanity and supporting the United Way.

Cape & Coast Bank Appoints Marc Petrocchi as Branch Manager – Small Business Specialist

capeandcoastbk on December 31, 2024

Marc Petrocchi headshotCape & Coast Bank has announced the appointment of Marc Petrocchi to the position of Assistant Vice President, Branch Manager – Small Business Specialist, overseeing operations at the West Barnstable branch.

“Marc is a powerful addition to our team,” said Lisa Oliver, Chair, President, and CEO of Cape & Coast Bank. “His proven leadership, combined with his passion for supporting small businesses, makes him uniquely qualified to fulfill Cape & Coast Bank’s mission of providing the best financial solutions for the Cape Cod community.”

With a strong history of championing small businesses, Marc will focus on developing tailored financial strategies that address the unique challenges faced by local entrepreneurs. His extensive experience in branch leadership, small business lending, and community engagement positions him perfectly to support the dynamic needs of Cape Cod’s business community.

Marc joins Cape & Coast Bank from Truist Bank, a national financial institution where he served as Branch Leader, managing compliance, operations, and client satisfaction. Previously, he held leadership roles at Berkshire Bank, TD Bank, and Citizens Bank in Massachusetts, with noted achievements in operational excellence and community engagement. He holds a bachelor’s degree in psychology from Stanford University  and a Master of Business Administration from Boston University.

“Moving from a national bank structure to a community-based institution focused on client needs is a welcome transition,” said Marc. “I look forward to drawing on my experience to help Cape & Coast Bank further its reputation as Cape Cod’s true community bank by offering  service and solutions that drive the success of local businesses.”

Beware of Holiday Scams

capeandcoastbk on December 18, 2024

If you receive an unexpected call, email, or text that claims to be from Cape & Coast Bank and requests a password, login, security or verification code, please do not share this information.  Please contact our Customer Assistance Center, located at Hyannis, at 508-568-3400 with any questions.

As the holiday season kicks into high gear, unfortunately so do scams.

This time of the year we see an increase in debit/credit card fraud and social engineering scams. Social engineering is the use of deception to manipulate individuals into sending money, or divulging personal information that may be used for fraud.

  • Cyber criminals can change their caller ID phone number to make their phone call look like it’s from your local area code or from a trusted name. Caller ID cannot be relied upon these days.
  • Unless you placed the call, never give the other party information that they should already have. For example, if the bank called you, they shouldn’t be asking for your account number.
  • If you believe a phone call is an attack, simply hang up. If you want to confirm that the phone call was legitimate, go to the organization’s website (such as your bank) and call the customer support phone number directly yourself. That way, you really know you are talking to the real organization.
  • Anytime anyone calls you and creates a tremendous sense of urgency or pressure, be extremely suspicious.

Popular Scams

Scammers are usually after your money or personal information. They trick unsuspecting individuals into sending money or divulging personal information by creating situations that feel very urgent and realistic.

Imposter Scams

A scammer pretends to be someone you trust — a government agency like the Social Security Administration or the IRS, a family member, a love interest, or someone claiming there’s a problem with your computer. The scammer can even have a fake name or number show up on your caller ID to convince you.

Scammers use caller ID spoofing
Scammers can make any name or number show up on your caller ID. That’s called spoofing. So even if it looks like it’s a government agency like the Social Security Administration calling, or like the call is from a local number, it could be a scammer calling from anywhere in the world.

Scammers make unsolicited calls
Phone scams come in many forms, but they tend to make similar promises and threats, or ask you to pay certain ways. They con the victim into sending cash, usually through a prepaid debit card or wire transfer. They may also leave “urgent” callback requests through phone “robo-calls,” or phishing emails.

Callers try to scare their victims
Many phone scams use threats to intimidate and bully a victim into paying. They may even threaten to arrest, deport or revoke a license if the victim doesn’t immediately pay a debt, fine, or fee.

Online Shopping Scams

Online shopping scams happen when you purchase items online at extremely low or unbelievable prices but never receive them. Tempting ads on social media will promote incredible prices and have links that take you to sites that appear to be legitimate and sell well-known brands, but these sites are often fake. Be wary of websites that have no contact information, broken contact forms, or use personal email addresses. Type the name of the online store or its web address into a search engine to see what others have said about it. Look for terms like “fraud,” “scam,” “never again,” and “fake.” Be very cautious of online promotions or deals that appear too good to be true. It’s far safer to purchase items that may cost slightly more, but from trusted sites that you or your friends have used before.

Money Mule Scams

A Money Mule scam is a type of scam in which criminals use their victims to move stolen funds. Money mule scams can take many forms, and commonly involve online dating, work-at-home jobs or prizes. In a typical scam, the fraudster sends the victim money to deposit into a bank account and then asks them to send some of it to someone else, usually through a gift card or a wire transfer. When the initial check is later found to be fake, victims are on the hook for the full amount.

You can avoid money mule scams by never using your own bank account or opening a new account in your name to transfer money for an employer; never pay to collect a prize or move any money out of your “winnings”; and never send money to an online love interest. If a money mule scam is suspected, you should break off contact with the scammer, inform your bank and report the incident to the FTC.

How do you avoid being a victim?

  • Be suspicious of unsolicited phone calls, visits, or email messages from individuals asking about employees or other internal information. If an unknown individual claims to be from a legitimate organization, try to verify his or her identity directly with the company.
  • Do not provide personal information or information about your organization, including its structure or networks, unless you are certain of a person’s authority to have the information.
  • Do not reveal personal or financial information in email, and do not respond to email solicitations for this information. This includes following links sent in email.
  • Do not reveal personal information (account numbers, social security numbers, etc.) on a phone call unless you have initiated the phone call.
  • Don’t send sensitive information over the internet before checking a website’s security. (See Protecting Your Privacy for more information.)
  • Pay attention to the Uniform Resource Locator (URL) of a website. Look for URLs that begin with “https”—an indication that sites are secure—rather than “http.”
    Look for a closed padlock icon—a sign your information will be encrypted.
  • If you are unsure whether an email request is legitimate, try to verify it by contacting the company directly. Do not use contact information provided on a website connected to the request; instead, check previous statements for contact information. Information about known phishing attacks is also available online from groups such as the Anti-Phishing Working Group.
  • Install and maintain anti-virus software, firewalls, and email filters to reduce some of this traffic. (See Understanding Firewalls for Home and Small Office Use, Protecting Against Malicious Code, and Reducing Spam for more information.)
  • Take advantage of any anti-phishing features offered by your email client and web browser.

What do you do if you think you are a victim?

  • If you believe you might have revealed sensitive information about your organization, report it to the appropriate people within the organization, including network administrators. They can be alert for any suspicious or unusual activity.
  • If you believe your financial accounts may be compromised, contact your financial institution immediately and close any accounts that may have been compromised. Watch for any unexplainable charges to your account.
  • Immediately change any passwords you might have revealed. If you used the same password for multiple resources, make sure to change it for each account, and do not use that password in the future.
  • Watch for other signs of identity theft. (See Preventing and Responding to Identity Theft for more information.)
  • Consider reporting the attack to the police, and file a report with the Federal Trade Commission.

Cape & Coast Bank Awards $124,750 in Grants to Local Nonprofits

capeandcoastbk on December 17, 2024

Cape & Coast Bank, through its Charitable Foundation Trust (The Coop Foundation) has awarded $124,750 in grants and donations to local nonprofit organizations dedicated to improving the lives of Barnstable County residents.

During recent meetings of the foundation’s Board of Trustees, the following new grants were awarded for the second and third quarters of the bank’s 2025 fiscal year:

  • $50,000 to YMCA Cape Cod, distributed in four annual installments, to support the construction of a new YMCA branch in Falmouth.
  • $10,000 to Community Health Center of Cape Cod, distributed in two annual installments, to support the organization’s ‘Expanded Access in Sandwich” campaign to construct a new 19,970 square-foot building to serve the community’s comprehensive health care needs.
  • $10,000 to Habitat for Humanity of Cape Cod to help fund the construction of four affordable and energy-efficient homes in Wellfleet. Cape & Coast Bank also offers Habitat for Humanity of Cape Cod homeowners an expedited mortgage process, allowing them to keep their mortgages local.
  • $5,250 to Sharing Kindness, Inc. to establish and launch a “Hope Squad” to offer grief support, mental health education and suicide awareness and prevention at a campus of Sturgis Charter Public School in Hyannis.
  • $5,000 to Cape Cod Village Center for Developmental Disabilities to help fund its Creative Connections program, which fosters self-expression, social skills and emotional and physical wellbeing in young adults with autism or other developmental disabilities.
  • $5,000 to Champ Homes to support its Transitional Housing Assistance Program (THAP) which provides safe and stable housing, utilities and case management services to approximately 75 clients.
  • $2,500 to AIDS Support Group of Cape Cod to support and expand its Overdose Training, Prevention and NARCAN Response programs to continue its key role in fighting to save lives on Cape Cod.
  • $2,500 to Cape Cod Children’s Place to support its Wellspring Project, a program that supports early childhood educators and caregivers of young children to nurture the development of resilience and social wellness of children ages 0-5 and the adults who care for them.
  • $2,500 to Cape Cod Council of Churches to assist in the funding of its Faith Family Kitchen, which serves hot meals three evenings per week to families and individuals in the mid-Cape Community that are experiencing food insecurity.
  • $2,500 to Falmouth Service Center to purchase frozen meats, fresh produce and dairy items for clients to alleviate the rising cost of groceries and continued inflation.
  • $2,500 to Friends of Bourne Council of Aging/Friends Food Pantry to assist those in the town of Bourne experiencing food insecurities due to economic hardship.
  • $2,500 to Mass Appeal, Inc. to be used for its Underwear Program, which offers children on the Outer and Lower Cape with new underwear, fostering a positive self-image and sense of autonomy.
  • $2,000 to One Shared Spirit, Inc. to provide addiction support and education in Barnstable County to reduce the frequency of overdoses with life-saving supplies, education and a stigma-free environment.

“We are proud to support the dedicated nonprofit organizations throughout Cape Cod that are the beneficiaries of the latest Coop Foundation and Corporate Giving grants and donations,” said Lisa Oliver, Chair, President and CEO, Cape & Coast Bank. “As a true community bank, we are keenly – and often firsthand – aware of the socioeconomic issues affecting the region and are compelled to do whatever we can to assist nonprofits serving Barnstable County.”

The Coop Foundation also issued the third $12,500 installment of a four-year, $50,000 grant to Housing Assistance Corporation to support its THRIVE Workforce Rental Housing Voucher Program, as well as a final $10,000 installment of a three-year, $30,000 grant to Amplify POC Cape Cod to support program and capacity building.

Business Toolbox: What You Need to Know About Accessory Dwelling Units (ADUs) and Financing

capeandcoastbk on December 13, 2024

Charlotte Green headshotAccessory Dwelling Units, or ADUs, are becoming a popular housing solution across the Cape, where the housing market is tight and rental demand is high.

ADUs can take many forms. There is a lot of interest and momentum in standalone structures, but  traditionally they have taken the form of a converted garage or basement apartment. They are fully functional homes with their own kitchens, bathrooms, living areas, and often modest yard space and parking.

ADUs also can be a practical choice for homeowners seeking to maximize their property’s value. An ADU can provide homeowners with a revenue stream; however, there are upfront costs to convert or build the space. Cape & Coast Bank offers financing solutions to help homeowners realize an ADU investment. The right approach depends on your financial situation, project specifics, and long-term goals.

A Home Equity Line of Credit (HELOC) is one of the most popular ways to finance an ADU. It allows homeowners to borrow against the equity in their existing property, offering a flexible and cost effective way to access funds as needed for construction. HELOCs offer flexibility, allowing you to borrow only what you need, when you need it. During what is called the draw period, you may only be required to pay interest on the amount borrowed, holding down initial costs. In addition, HELOCs often have lower interest rates compared to personal loans.

For those who prefer a fixed loan with predictable monthly payments, a home equity loan could be the right choice. With this approach a homeowner receives a lump sum based on their home’s equity, which is then repaid over time at a fixed interest rate. This method is ideal for homeowners who have a clear budget for their ADU  project and prefer the certainty of fixed payments.

Another alternative to consider is a construction loan. Cape & Coast Bank offers construction loans tailored to provide short-term financing, covering costs during the building process of your ADU. Once the project is complete, the loan converts to a traditional mortgage or be refinanced into another type of financing, such as a HELOC.

With several financing pathways available, Cape & Coast Bank provides personalized service to help homeowners make informed decisions. Our loan officers are well versed in all aspects of ADU financing and can recommend solutions to fit your unique needs.

Contact Cape & Coast Bank today to explore your options and take the first step toward building an ADU. Whether you’re in the planning phase or ready to break ground, our team is here to help homeowners unlock the potential of their property and contribute to addressing housing needs in our region.

Charlotte Green is First Vice President, Residential Mortgage Sales Manager, NMLS# 994452, at Cape & Coast Bank.

MEMBER FDIC | MEMBER DIF | EQUAL HOUSING LENDER NMLS# 520663.

2024 Holiday Giving

capeandcoastbk on December 6, 2024

volunteers shopped for Dress a Live Doll

Employees volunteered to shop for children via The Salvation Army’s Dress a Live Doll program.

Paying It Forward

In 2024, we raised about $26,000 through our employee-managed #PayingItForward Program to help 26 nonprofit organizations. For the past 14 years, our employees have supported local nonprofit organizations in our community by wearing jeans at work.

Every other Friday, employees donate a minimum of $5, and an organization is designated as the beneficiary. The organizations are nominated by employees and selected by the employee-based Pay It Forward committee. The only criteria for nominations is that the organization be affiliated with Cape Cod and a registered 501(c)3.

This holiday season, our employees worked in teams to use #PayItForward funds for the following holiday community programs:

employees helped put together and deliver holiday meals in MashpeeHoliday Meal Deliveries

The Mashpee Chamber of Commerce is proud to organize and deliver holiday dinners to home-bound and in-need Mashpee residents. This year, our sponsorship helped with the cost of the meals. Our team also joined in to help make the deliveries!

Meals On Wheels

For the past 11 years, the Bank has provided holiday cards to be distributed with the Meals on Wheels deliveries for seniors served by the Barnstable Senior Center. We also have employees who volunteer to deliver meals on a weekly basis throughout the year.

#GivingTuesday

Our decade-long tradition of supporting local food pantries on Giving Tuesday expanded this year to include food distribution organizations in all 15 towns in Barnstable County.

Food pantries receiving $1,000 donations include:

Two pantries received an adjusted $500 Giving Tuesday donation. Both Friends Food Pantry in Bourne and Falmouth Service Center in Falmouth applied for and received grants from The Coop Foundation to help defray the cost of purchasing frozen meats, fresh produce and dairy items for their clients.

The Coop has also donated $3,000 to Lower Cape Outreach Council for its food pantries in Brewster, Chatham, Eastham, Orleans and Wellfleet. The additional $2,000 is a directed gift from two retiring trustees of The Coop Foundation.

Organizations providing food support to larger regions of the Cape are also part of the Giving Tuesday donations, including  the AIDS Support Group of Cape Cod food pantries in Hyannis and Provincetown, Family Table Collaborative, Sustainable CAPE, and Cape Kid Meals.

Cape & Coast Bank Supports Local Food Pantries in all 15 Barnstable County Towns on Giving Tuesday

capeandcoastbk on December 3, 2024

Cape & Coast Bank will provide $15,000 in financial support to food pantries throughout the region on Giving Tuesday 2024.

The bank’s decade-long tradition of supporting local food pantries on Giving Tuesday, which began in 2014 as a “restock the shelves campaign,” has been expanded this year to include food distribution organizations in all 15 towns in Barnstable County.

Food pantries receiving $1,000 donations include:

Two pantries received an adjusted $500 Giving Tuesday donation. Both Friends Food Pantry in Bourne and Falmouth Service Center in Falmouth applied for and received grants from The Coop Foundation to help defray the cost of purchasing frozen meats, fresh produce and dairy items for their clients.

The Coop has also donated $3,000 to Lower Cape Outreach Council for its food pantries in Brewster, Chatham, Eastham, Orleans and Wellfleet. The additional $2,000 is a directed gift from two retiring trustees of The Coop Foundation.

“There are too many of our friends and neighbors suffering from food insecurity on Cape Cod, which is only exacerbated by inflation and the continuing affordable housing crisis,” said Lisa Oliver, Chair, President and CEO of Cape & Coast Bank. “The Coop applauds the dedication and hard work of our local food pantries and their volunteers to ensure Cape Cod families have food on the table. Please join us and generously support our local food pantries during the holiday season and throughout the year.”

Organizations providing food support to larger regions of the Cape are also part of the Giving Tuesday donations, including  the AIDS Support Group of Cape Cod food pantries in Hyannis and Provincetown, Family Table Collaborative, Sustainable CAPE, and Cape Kid Meals.