A Full Range of Products to Help You with All of Your Needs
Government Depository Account
Our Government Depository Account is designed to offer you unlimited activity, unlimited transfers in and out and to pay you a competitive rate on your money, so you will always be maximizing your revenue.
Government Money Market
Our Government Money Market is the perfect account to use along with our Business Online Banking service, to facilitate your cash management activity.
Government Investment Money Market
Our Investment Money Market provides you with a premium interest rate for stable balances of $1 million or more. We designed this product for a variety of funds:
- Trust funds
- Stabilization funds
- CPA funds
- OPEB (Other Post Employment Benefits)
- Enterprise Funds
- Cemetery perpetual care funds
- Bond Receipt funds
Government Payroll and Vendor Checking Accounts
We provide full service payroll and vendor checking accounts, that pay a premium interest rate. Our Payroll and Vendor Accounts come with the following:
- Free checks, when purchased through our vendor
- Full reconciliation services
- Online statements with pdf images of cleared checks, accessed through our Business Online Banking service.
Business Online Banking
Our free Business Online Banking service gives you 24-hour cash management ability. Get up-to-the-minute account information, transfer funds, and much more from any online computer. It’s safe, convenient, and completely secure. Additional terms, conditions, and fees may apply.
- Access accounts online 24 hours a day
- Free with any Government Banking account
- Secure 128-bit encryption with secure Tokens
- Review your account history
- Review cash position, including balances, deposits, cleared checks, and other transactions
- Transfer funds between accounts
- Pay bills online
- Initiate and view stop payments
- Make loan payments
- Control employees’ access to accounts
Remote Deposit Capture
Batch process your check deposits from the convenience of your office. Remote Deposit Capture (RDC) is a safe, convenient way to make check deposits without going to the bank.
Lockbox
Lockbox collects and processes payments, on behalf of your municipality, through a dedicated P.O. Box. Those funds are then deposited into your selected business or cash management account.
Concentration Account
Our product provides you with a single consolidated statement for multiple sub accounts in one easy to read format, designed specifically for:
- Trust funds
- Landlord/Tenant accounts
- Performance bonds
Government Banking Team
Department Contact Information
Matt Varnum
First Vice President, Government Banking Phone: 508.568.3343 Fax: 508.568.3318 Email: [email protected]
Patricia Redman
Government Banking Relationship Manager Phone: 508.568.3481 Fax: 508.568.3318 Email: [email protected]
Lisa Cusolito
Government Banking Specialist, Officer Phone: 508.568.3346 Fax: 508.568.3318 Email: [email protected]
Address
The Cooperative Bank of Cape Cod Attn: Government Banking 25 Benjamin Franklin Way Hyannis, MA 02601
Wiring Instructions
The Cooperative Bank of Cape Cod 25 Benjamin Franklin Way Hyannis, MA 02601 Routing: 211371641 A/C#_____________________