The Cooperative Bank of Cape Cod
The Cooperative Bank of Cape Cod, now operating as Cape & Coast Bank, is a privately held community bank founded in 1921, serving Cape Cod residents and businesses with deposit, consumer and commercial lending, small-business banking, and wealth management services through a multi-branch retail franchise.
- Company typePrivate
- Founded1921
- HeadquartersHyannis, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What The Cooperative Bank of Cape Cod does
The Cooperative Bank of Cape Cod, now operating as Cape & Coast Bank, is a privately held community bank headquartered in Hyannis, Massachusetts, serving Cape Cod residents and businesses. Founded in 1921 and operating under a state-chartered depository institution model with FDIC insurance, the bank runs a multi-branch retail franchise throughout the Cape Cod region with 101–250 employees and no disclosed parent company or institutional investor ownership. Its product set spans the standard community-bank core: deposit products (free and interest-bearing checking, savings, money market, certificates of deposit up to 3.55% APY), consumer and mortgage lending (purchase mortgages, home equity loans from 7.500% APR, construction loans, personal loans, credit cards, and a niche ADU loan product), small-business and commercial banking (business checking tiers including IOLTA and escrow, business savings, business money market at 2.34% APY, cash management, lockbox, and merchant card processing), and an Investment Center offering estate, investment, succession, and retirement planning.
The bank's technology layer is conventional: an online banking platform, a mobile banking app, digital wallet support, and Zelle peer-to-peer payments, with access to 55,000+ fee-free ATMs via network partnerships. There is no disclosed AI/ML capability, proprietary model, or differentiated technical IP; competitive differentiation is positioned entirely on local presence, local decision-making, and community engagement rather than technology. The GTM motion is direct-to-consumer and direct-to-SMB through physical branches and digital channels, targeting individuals, families, and local businesses (including hospitality, real estate/legal, government, and nonprofits) with personalized relationship banking.
Revenue mechanics follow the traditional community-bank model: net interest income from the loan portfolio (mortgages, home equity, construction, personal, and business loans) is the primary engine, supplemented by deposit and service fees across checking, savings, and money market accounts, and fee income from wealth management, merchant card processing, and lockbox services. Pricing is productized at retail rather than negotiated at the enterprise level, with featured deposit and loan rates publicly disclosed as of mid-2026. The 2026 rebrand to Cape & Coast Bank, coupled with board additions explicitly tasked with digital and operational transformation, signals a measured regional and operational expansion, while ongoing leadership promotions in commercial and small-business banking indicate continued investment in core franchise deepening rather than transformational pivots.
The Cooperative Bank of Cape Cod firmographics
Firmographics- Name
- The Cooperative Bank of Cape Cod
- Legal name
- Cape & Coast Bank
- Website
- https://mycapecodbank.com
- Company type
- Private
- Founded year
- 1921
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- The Cooperative Bank of Cape Cod, now operating as Cape & Coast Bank, is a privately held community bank founded in 1921, serving Cape Cod residents and businesses with deposit, consumer and commercial lending, small-business banking, and wealth management services through a multi-branch retail franchise.
- Ownership category
- akta.pro rank
The Cooperative Bank of Cape Cod industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022), Savings Institutions, Not Federally Chartered (6036)
- akta.pro primary industry
- SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)
- akta.pro secondary industry
- Credit Cards & Revolving Credit (FSABAAAC)
Keywords
Where The Cooperative Bank of Cape Cod is headquartered
LocationHeadquarters
- HQ city
- Hyannis
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
The Cooperative Bank of Cape Cod business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Interest Income: Traditional banking revenue from interest earned on loans including mortgages, home equity loans, construction loans, personal loans, and business loans.
- Banking Service Fees: Fees from checking accounts, savings accounts, money market accounts, certificates of deposit, and business banking services.
- Investment Services: Revenue from investment center services including estate planning, investment planning, succession planning, and retirement offerings.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Free Checking - No monthly fees with basic banking services |
| Subscription | Monthly | SmartRate Checking - Higher interest rate with ATM refunds |
| Subscription | Monthly | 50 Plus Interest Checking - Interest-bearing account for seniors |
| Subscription | Monthly | Business Checking Options - Various tiers from free to premium |
| One time/ perpetual license | Annual | Certificate of Deposit - Terms from 3 months to 5 years |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
The Cooperative Bank of Cape Cod product offering
Product offeringCore offering
The Cooperative Bank of Cape Cod (DBA Cape & Coast Bank) is a community bank providing FDIC-insured deposit products, consumer and commercial lending, and digital banking services to individuals, families, and businesses on Cape Cod. Its deposit portfolio spans personal and business checking, savings, money market accounts, and certificates of deposit, while its lending business covers mortgages, home equity loans, construction loans, personal loans, and credit cards. The bank supplements core banking with wealth management through its Investment Center (estate, investment, succession, and retirement planning) and treasury services such as lockbox and merchant card processing for business clients.
Product overview
The Cooperative Bank of Cape Cod (now Cape & Coast Bank) is a community bank offering a comprehensive suite of personal, business, and wealth management banking products. The portfolio includes core deposit products (checking, savings, certificates of deposit, money market accounts) and lending products (mortgages, home equity loans, construction loans, personal loans, credit cards). Digital banking services encompass online banking, digital wallets, and Zelle peer-to-peer payments. Business banking includes specialized checking accounts (Cash Management, Client Escrow/IOLTA, Business Interest, Free Business), business savings options, and services such as LockBox and Merchant Card Processing. The Investment Center provides wealth management services including estate planning, investment planning, succession planning, and retirement offerings. The bank operates with a hub-and-spoke branch model serving Cape Cod communities.
Differentiator
Problem solved
Functional benefit
Products and services
- Free Checking No monthly fee personal checking account with access to 55,000+ free ATMs and mobile deposit included, for everyday consumer banking customers.
- SmartRate Checking Higher interest rate personal checking account with monthly ATM refunds for qualified customers seeking rewards-based checking.
- 50 Plus Interest Checking Interest-bearing checking account designed for customers aged 50 and older.
- Savings Account Basic personal savings account for individual banking customers to hold deposits and earn interest.
- Certificate of Deposit Fixed-term deposit product with rates up to 3.55% APY and terms from 3 months to 5 years for personal savers.
- Money Market Accounts Personal savings account with competitive interest rates and limited check-writing privileges.
- Mortgages Home purchase financing with expert guidance through the mortgage process for individual homebuyers.
- Home Equity Loans Loans using home equity as collateral, with rates as low as 7.500% APR, for personal borrowing needs.
- Construction Loans Financing for personal home construction projects.
- Accessory Dwelling Unit Loans Specialized loans for building or converting accessory dwelling units (ADUs) on residential properties.
- Personal Loans Unsecured personal loans for individual borrowing needs.
- Credit Cards Personal credit card products for consumer customers.
- Cash Management Checking Business checking with enhanced cash management features designed for business owners with active treasury needs.
- Client Escrow and IOLTA Checking Specialized checking accounts for attorneys and professionals managing client funds with IOLTA compliance.
- Business Interest Checking Interest-bearing checking account for business entities.
- Free Business Checking No-fee business checking account for local business owners.
- Business Savings Standard savings account for business entities.
- Business Money Market Money market account for businesses currently offering 2.34% APY.
- Community First Nonprofit Money Market Specialized money market account designed for nonprofit organizations.
- Client Escrow Savings Savings account for managing escrow funds by attorneys and professionals.
- LockBox Mail-based payment processing service that enables businesses to accept and process payments efficiently.
- Merchant Card Processing Payment processing services for business credit and debit card transactions.
- Cash Management Services Comprehensive cash flow and liquidity management services for businesses.
- Estate Planning Personal estate planning services offered through the bank's Investment Center.
- Investment Planning Investment portfolio planning and management services delivered with local experts via the Investment Center.
- Succession Planning Business succession planning services for business owners preparing ownership transitions.
- Retirement Offerings Retirement planning and related financial products for businesses and their owners.
Companies that use The Cooperative Bank of Cape Cod
Customer profileSegments5 records
Ideal customer profiles3 records
The Cooperative Bank of Cape Cod technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
The Cooperative Bank of Cape Cod partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights5 records
The Cooperative Bank of Cape Cod competitors and assessment
Company assessmentDirect peers
- Cape Cod Five Cents Savings Bank: Largest community bank headquartered on Cape Cod, offering a near-identical suite of personal, business, mortgage, and wealth products. The most direct head-to-head competitor for retail and small-business relationships across the same geography.
- Martha's Vineyard Bank: Mutual community bank serving Martha's Vineyard and surrounding Cape Cod / South Shore communities with personal, business, and mortgage banking. Highly comparable deposit-funded community bank model targeting the same seasonal-resident and small-business customer base.
- Hingham Institution for Savings: Massachusetts community savings bank on the South Shore serving affluent coastal and commuter towns with personal, business, and mortgage banking. Directly comparable community-savings-bank model targeting the same South Shore / Cape Cod residential corridor.
Broad incumbents
- Salem Five: Massachusetts-based mutual savings bank serving consumers and small businesses across the North Shore and Greater Boston. Comparable community-savings-bank operating model and overlapping mortgage and small-business offerings.
- Berkshire Hills Bancorp (Berkshire Bank): New England regional bank with retail, business, mortgage, and wealth services. Comparable community-bank operating model and overlapping small-business, mortgage, and wealth product set, with broader New England geographic reach.
- Rockland Trust (Independent Bank Corp): Massachusetts-headquartered community bank with a broad branch network across southeastern MA, including Cape Cod-adjacent markets. Overlaps on retail, small-business, and mortgage products and competes for the same Cape Cod commuting and second-homeowner customer segments.
- Cambridge Savings Bank: Massachusetts-based community savings bank offering consumer, business, and wealth management products. Comparable full-service community-bank model and deposit-funded balance sheet, competing for Massachusetts small-business and retail customers.
- Brookline Bank (Brookline Bancorp): Greater Boston community bank with consumer, small-business, and commercial real estate lending. Comparable deposit-based funding model and product suite, with greater scale and broader metro Boston reach.
- East Boston Savings Bank: Mutual savings bank with deep Massachusetts presence and a strong mortgage, deposit, and wealth franchise. Comparable operating model (mutual/community savings bank) and overlapping product set, though with a wider geography than Cape & Coast.
Regional players
- Washington Trust (Washington Trust Bancorp): New England-focused community bank based in Rhode Island, with personal, business, and wealth services including estate and retirement planning. Comparable community-bank product mix and demographic focus, particularly in coastal / second-home markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
The Cooperative Bank of Cape Cod social profiles
Digital presenceThe Cooperative Bank of Cape Cod financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Cooperative Bank of Cape Cod leadership team
Management profileNumber of profiles
Profiles2 records
The Cooperative Bank of Cape Cod funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Cooperative Bank of Cape Cod M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Cooperative Bank of Cape Cod
What does The Cooperative Bank of Cape Cod do?
The Cooperative Bank of Cape Cod (DBA Cape & Coast Bank) is a community bank providing FDIC-insured deposit products, consumer and commercial lending, and digital banking services to individuals, families, and businesses on Cape Cod. Its deposit portfolio spans personal and business checking, savings, money market accounts, and certificates of deposit, while its lending business covers mortgages, home equity loans, construction loans, personal loans, and credit cards. The bank supplements core banking with wealth management through its Investment Center (estate, investment, succession, and retirement planning) and treasury services such as lockbox and merchant card processing for business clients.
Is The Cooperative Bank of Cape Cod a public or private company?
The Cooperative Bank of Cape Cod is a private company. It is classified as unknown and is currently operating.
When was The Cooperative Bank of Cape Cod founded?
The Cooperative Bank of Cape Cod was founded in 1921. It employs 101 to 250 people.
Where is The Cooperative Bank of Cape Cod based?
The Cooperative Bank of Cape Cod is headquartered in Hyannis, United States, in the North America region.
How does The Cooperative Bank of Cape Cod make money?
Three revenue lines are on record. Interest Income is the primary driver. The others are banking Service Fees and investment Services.
Who are The Cooperative Bank of Cape Cod's main competitors?
Direct peers on record are Cape Cod Five Cents Savings Bank, Martha's Vineyard Bank and Hingham Institution for Savings. Broad incumbents are Salem Five, Berkshire Hills Bancorp (Berkshire Bank), Rockland Trust (Independent Bank Corp), Cambridge Savings Bank, Brookline Bank (Brookline Bancorp) and East Boston Savings Bank. Washington Trust (Washington Trust Bancorp) is listed as a regional player.
Does The Cooperative Bank of Cape Cod have an API?
No public API is recorded for The Cooperative Bank of Cape Cod.
What industry is The Cooperative Bank of Cape Cod in?
The Cooperative Bank of Cape Cod's product category is Community Banking. Its primary akta.pro industry code is FSABABAC, SME Deposits & Business Accounts (Operating, Savings, CDs), with a secondary code of FSABAAAC, Credit Cards & Revolving Credit. Its NAICS code is 52211 and its SIC code is 6022.