Fall on Cape Cod is a special time for those of us lucky enough to live here. Autumn days and crisp nights give us opportunity to experience our beautiful peninsula. And for many in business, it’s a brief period of rest and reflection between the peak summer season and the approaching holiday one. With the recent back-to-back nor’easters, I hope you and your loved ones weathered the storms with ease and suffered little damage. Time and again our community comes together to help one another.
As I reflect on the past few months at the bank, the moments that stand out most are the ones spent with our team engaging with our communities. In August, I was part of Team Coop that rode in The Gasp. Getting back on a bike after 15 years to conquer 55 miles was a challenge to say the least, but I’m proud of our team who not only finished, smiling, but raised over $8,000 in the process.
In July, I was privileged to join the Cotuit Kettleers and Heroes in Transition at a ballgame where we honored veterans. I had the opportunity to meet many of our local veterans, active duty military members and their spouses and children. And just last month, we got a kick (pun intended!) hosting a soccer clinic for nearly a hundred kids with soccer legend Kristine Lilly. Those are just three of the dozens of community events that our team was proud to be a part of over the past few months.
Internally, we continued to recognize great work with several well-deserved promotions. Patricia Coffey and Paul Forni were promoted to Vice President in commercial credit and information security respectively. Charlotte Green was promoted to Residential Mortgage Sales Manager, and Robert Carey was promoted to Vice President and Commercial Relationship Manager. One of the things about The Coop that I’m most proud of is our commitment to giving people career opportunities and continued forward progress. These promotions are a testament to that.
On the banking front, our residential lending team did an exceptional job of helping families into new homes. Our volume of residential loans is an exciting indicator of a healthy local economy. On the commercial side, we continued to support the small businesses that make up the fabric of our region. Just recently, I had the pleasure of helping Cape Cod Coffee break ground on their new facility in Mashpee. And wow, it’s going to be phenomenal!
As a community bank, our mission to give back to the communities where we live and work is as strong as ever. In addition to the $55,000 given in sponsorships this quarter, we distributed $25,000 in grants through The Coop Foundation. Cape Abilities, Cape Cod Challenger Club, Cape Cod Symphony & Conservatory, Champ Homes, and The Children’s Center at Harwich Ecumenical Council for the Homeless all received funding to continue the work they’re doing to positively impact our communities through their support of families, children, the arts and the environment. It is our pleasure and privilege to support their efforts.
As we head into the final quarter of the year, we have some exciting new initiatives in the works. From new banking products to a first-of-its-kind “Tech Ambassador” program, you’ll be seeing new things when you visit the branches. For now, I’ll just say “stay tuned”!
Lisa J. Oliver
President & CEO