Introducing Cape & Coast Bank

After 104 years, one of Cape Cod’s most trusted financial institutions has a new name: Cape & Coast Bank. Formerly known as The Cooperative Bank of Cape Cod, the new name and updated look reflect the bank’s commitment to serving Cape Cod and nearby communities with a continued focus on innovation and investment in the local economy.

“As Cape Cod has evolved, so too has the bank, adapting to meet the needs of all who live, work, and love this place,” said Lisa Oliver, President, CEO, and Chair of the Board, who will retire in October. “This new name and refreshed brand are a natural next step, honoring our deep roots while ensuring the bank continues to serve our community for generations to come.”

The name change comes with a new visual identity that reflects the natural beauty of the Cape and conveys both the coastline and forward momentum of the bank. A redesigned website offers simplified navigation, refreshed content, and a more intuitive experience to ensure accessibility. Enhanced online and mobile banking technologies also deliver best-in-class digital access to complement the personal service clients rely on.

“The Cape and coastal areas we serve give our region its enduring charm, but the needs of our community continue to evolve,” said Erik Porter, CFO and incoming President & CEO. “By introducing a new name and refreshed brand, we’re reaffirming our promise to support the people and businesses who are shaping the Cape’s future.”

To celebrate the new name, Cape & Coast Bank will be holding client appreciation events in all branch locations during the week of September 29-October 3 to thank clients and celebrate the new chapter together. For more details about the name change and other information about the bank, visit capeandcoastbank.com.

Cape & Coast Bank will also honor Lisa Oliver’s eight-year tenure and impressive record of accomplishment prior to her retirement with eight $5,000 community impact gifts to nonprofit organizations of her choice. Gift recipients will be announced at a special event in early October.

The Coop & Habitat for Humanity Helping Local Families Secure Homes

Helping Local Families Secure Homes

An Important Partnership

The Cooperative Bank of Cape Cod is helping local families secure homes through a partnership with Habitat for Humanity.

The Coop is providing home financing for two families moving into new homes in Marstons Mills. The homes, located on Dickinson Drive, were built by community volunteers, local families and donors from Habitat for Humanity of Cape Cod.

“A home is where families grow, memories are made and possibilities arise. But sadly, not everyone has a safe, healthy place to call home. Instead, many Cape Codders struggling to get by, forced to live in substandard housing,” said Charlotte Green, Residential Mortgage Sales Manager, Officer. “The Coop believes everyone deserves decent, affordable housing on Cape Cod. That’s why Habitat for Humanity of Cape Cod and The Coop are partnering together to provide financing for families in Marstons Mills.”

Added Victoria Goldsmith, Executive Director of Habitat for Humanity of Cape Cod: “We are thrilled to have The Cooperative Bank join us as an important partner to the success of this project. Their participation as mortgage lender increases our capacity to offer the opportunity of affordable home ownership to more local families.”

Home Dedication

A home dedication and open house will be held on April 9th at 4 PM to welcome the families into their new homes. The community is welcome to attend.

 

Help More Local Families Secure Homes on The Cape

The Coop Foundation Announces Grants Totaling $75,000

foundation grants collage of signature images representing beneficiary organizations

Seven New Grant Recipients

The Cooperative Bank of Cape Cod Charitable Foundation Trust announced that it will award grants totaling $75,000 to local organizations for the first quarter of the year, with an initial $62,500 to be awarded this month.

Grants for the first quarter of 2019 ($25,000 over two years, and an additional $30,000 in sponsored events over the next 3 years) were awarded to:

Investing in a Thriving Community

“These awardees provide much needed services to the Cape Cod community,” said Lisa Oliver, President and CEO of The Cooperative Bank of Cape Cod, and President of The Coop Foundation Board of Trustees. “We are thrilled to invest in their efforts through the Foundation.”

The Coop Foundation was launched as an extension of the bank’s long-standing charitable giving programs. “We’ve given back to the community throughout the Bank’s 98-year history. Creating the Foundation solidifies our commitment to invest the communities we serve in perpetuity,” added Oliver. “We look forward to supporting the work of numerous local organizations through grants in the years ahead.”

“We are so grateful to The Cooperative Bank of Cape Cod Charitable Foundation Trust for their generous donation to help serve more kids with a mentor,” said JR Mell, Regional Director of Big Brothers Big Sisters of Cape Cod & the Islands. “We are honored that the Foundation has invested in our next phase of strategic growth with a multi-year commitment to our mission. This gift enables us a solid foundation to support the next 3 years of defending potential for under-resourced families right here on Cape Cod.”

Added Wendy Cullinan, Director of Resource Development, Habitat for Humanity of Cape Cod: “We are delighted and deeply appreciative that The Cooperative Bank of Cape Cod Charitable Foundation Trust has made such a significant donation to the Rotary’s Campaign to raise $100,000 for Habitat for Humanity of Cape Cod. We rely on the support of our community to serve our mission and this is community at its best.”

About The Coop Foundation Trust

Launched in December of 2018, The Coop Foundation awards grants to 501(c)(3) organizations that enhance quality of life through programs and initiatives that meet the fundamental needs of people in the communities the bank serves. The Foundation identified five core areas of impact that will be considered for grants initially.  They include economic development and self-sufficiency, community vitality and sustainability, thriving youth and families, education and learning, and health and human care.

The Coop Foundation solidifies and formalizes The Coop’s commitment as a mutual bank to give back to the community, earmarking funds for philanthropy that won’t decrease according to the bottom line, but increase as the assets of the Trust grows. The Coop Foundation serves as an extension of the Bank’s current community giving program by enhancing and expanding it.

For more information on the Foundation and how to apply for a grant:

Charitable Giving