Unfortunately, scammers never take a break and lately banks are seeing a concerning trend: the rise of check fraud. As a business owner, you may be asking yourself – “How can I best protest my operational checking accounts from check fraud?” The best option to safeguard against check fraud is get “Positive Pay.” Not only […]
The Cooperative Bank of Cape Cod Charitable Foundation Trust has awarded $20,000 in grants to local nonprofit organizations dedicated to serving the critical needs of the communities it serves. During the recent quarterly meeting of the Board of Trustees, the following new grants were awarded: $5,000 to Behavioral Health Innovators, a Chatham-based organization focused on […]
It’s America Saves Week! Each year, we encourage our community to dedicate this week to pause and do a financial check-in, and this year is no different. Join us this week to get a clear view of where your finances are, where you want them to be, and what small steps you can take to […]
Fraudsters are rapidly turning to “snail mail” for their latest scams. Since the pandemic, check fraud has increased nationwide by 385%, according to the U.S. Treasury Department. Check fraud schemes commonly target the U.S. mail to steal checks, alter or wash them to change the payee and dollar amount, and ultimately steal money from victims’ […]
Following the success of its MyCapeRewards program offering rewards to debit card users, The Cooperative Bank of Cape Cod is announcing the launch of a new series of premium debit cards. In addition to points earned on standard debit cards through the bank’s MyCapeRewards Program, account holders will now have the option to upgrade their […]
Shanika Rogowski, Senior Vice President and Chief Residential Lending Officer at The Cooperative Bank of Cape Cod, has been re–elected to the Massachusetts Mortgage Bankers Association (MMBA) Board of Directors. The MMBA is the largest mortgage association in New England, offering comprehensive services to more than 225 corporate members throughout the region. “Shanika’s continued presence […]
The Cooperative Bank of Cape Cod Charitable Foundation Trust has awarded $35,500 in grants to local nonprofit organizations dedicated to serving the critical needs of the communities it serves. During the recent quarterly meeting of the Board of Trustees, the following new grants were awarded: $30,000 ($10,000 for three years) to Hyannis Public Library to […]
According to the U.S. Federal Trade Commission, Americans lost over $1.3 billion dollars to romance scams in 2022, with the average loss per victim being right around $4,400. A Romance Scam is a confidence trick (Con) where a criminal poses as a suiter claiming romantic intentions toward their victim in an attempt to gain the […]
The Cooperative Bank of Cape Cod has appointed Janet Kieran to the position of Digital Experience Leader. Janet is an accomplished and innovative digital product management professional with more than two decades of experience in the financial services, health care and retail industries. She joins the Bank from Boston-based Reify Health Inc., where she served […]
Pay It Forward In 2023, our employees have raised about $26,000 through employee-managed #PayItForward Program to help 26 nonprofit organizations. For the past 13 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 […]