Cape Cod Cooperative Bank Names William Riseley Chief Commercial Loan Officer

HYANNIS, MASSACHUSETTS, March 17, 2011… Joel G. Crowell, President of Cape Cod Cooperative Bank is pleased to announce that William E. Riseley has joined the bank as Chief Commercial Loan Officer. “We are very pleased to introduce Bill as the new head of our Commercial Lending team. Bill comes to us with an extensive background in all aspects of commercial lending here in New England as well as significant experience in management,” said Mr. Crowell. “Bill shares our understanding that small business lending is a service that adds value to the local business community by enabling growth and expansion. Bill’s approach mirrors our own in that the first step is truly getting to know our customer, and what makes his or her business great.”

Bill’s arrival will also allow Andy Eldridge, Senior Vice President Commercial Lending to follow through with his decision to spend more time doing what he loves best, working with our business customers directly in a lending capacity. Andy will continue to be an inimitable asset to the bank and a valuable resource to our small business owners here on the Cape. Reach Bill or Andy at 508.568.1214.

Bill joins us from Bennington Partners LLC, a division of Sheshunoff Consulting in Southport, CT where he was a member of a team of consultants providing expertise in all facets of lending and risk assessment to small and mid-sized lending institutions. Prior to that, Bill was Director at New Stream Capital LLC, a Senior Vice President at Connecticut Community Bank and Senior Regional Manager at Summit Bank.

Bill earned his Bachelor of Science degree in Business Administration at Ithaca College. He makes his home in Marion, MA with his wife Kyle and has two sons, Will and Ned. Bill enjoys spending time with his family and loves living on the southern coast of Massachusetts.

Cape Cod Cooperative Bank is an independent, local, mutual community bank with over $593 million in assets. Established in 1921, it is headquartered in Hyannis with branches; on Route 6A in Yarmouth Port, East Dennis and West Barnstable; in Sandwich at 275 Cotuit Road; in Hyannis at 695 Attucks Lane in Independence Park, and in East Harwich at 1470 Orleans Road/Route 39.