Full Deposit Insurance at The Coop

On Friday March 10, 2023, California based Silicon Valley Bank (SVB) was closed by state regulators and placed into receivership with the Federal Depositors Insurance Corporation (FDIC). Founded in 1983, SVB provided financing for almost half of US venture-backed technology and is familiar to many New Englanders for its 2021 purchase of Boston Private Bank. […]

The Coop Appoints Jay Fabbio Marstons Mills Branch Manager

The Cooperative Bank of Cape Cod has appointed Jay Fabbio to the position of Assistant Vice President, Marstons Mills Branch Manager – Small Business Specialist. Jay, of East Falmouth, is a knowledgeable and accomplished financial services professional with more than two decades of retail banking and insurance experience. Jay joins The Coop from Citizens Bank, where he served as branch […]

Business Toolbox: Increase Revenue with Robust POS Payment Processing Capabilities

Winter is the perfect time for local business owners to reevaluate their point-of-sale (POS) payment processing strategies as they reflect on the holiday season and look toward another busy spring and summer. If you experienced processing system outages due to obsolete technology during the peak shopping season or realized that by only accepting cash your […]

Business Toolbox: Are Your Bank Accounts Fully Insured? What You Need to Know about Deposit Insurance

Most of us don’t spend much time worrying about how safe our money is in the bank. And we shouldn’t. However, during these uncertain economic times, it is more important than ever to be aware of a few nuances to ensure your bank is fully safeguarding your deposits. FDIC Insurance is the first step. The […]

The Coop Foundation Awards $40,000 in Grants to Local Nonprofits

The Cooperative Bank of Cape Cod Charitable Foundation Trust (The Coop Foundation) has awarded $40,000 in grants to six local nonprofit organizations dedicated to enhancing the quality of life in the region. The new grants awarded mirror the bank’s corporate giving focus areas for fiscal year 2023 – Housing Initiatives and Solutions, and Social Justice and Racial Equity. “I congratulate […]

2022 Holiday Giving at The Coop

 A Holiday Message from The Coop (2022) Click here to view an accessible transcript The Cooperative Bank of Cape Cod supported several local nonprofits during the holiday season, benefiting community members in need throughout the Cape Cod and South Shore region. The Homeless Prevention Council was the beneficiary of The Coop’s annual Stuff-a-Stocking clothes […]

The Coop Promotes Six Client Relationship Employees

The Cooperative Bank of Cape Cod has announced the promotion of six client relationship experts in recognition of individual performance and successes within the organization. “Our client focused personnel represent the front-line of the bank and have the important role of interacting with The Coop’s clients and small business customers on a daily basis,” said […]