Cape Cod Co-Operative Bank

Retail Bankingthecooperativebankofcapecod.com

Cape & Coast Bank (formerly The Cooperative Bank of Cape Cod, founded 1921) is a Massachusetts-chartered mutual community bank in Hyannis offering personal, business, and investment banking to Cape Cod consumers, small businesses, government entities, and nonprofits.

Company typePrivate
Founded1921
HeadquartersHyannis, United States
Headcount101–250
GTM typeB2B and B2C
OfferingServices

What Cape Cod Co-Operative Bank does

Cape & Coast Bank (formerly The Cooperative Bank of Cape Cod, founded 1921) is a Massachusetts-chartered, FDIC-insured mutual/cooperative bank headquartered in Hyannis on Cape Cod, serving individuals, small businesses, government entities, nonprofits, and select vertical industries (hospitality, real estate and legal) across the region. The bank operates a hybrid distribution model combining a physical branch network on Cape Cod with online and mobile banking platforms, Zelle peer-to-peer payments, and Apple Pay/Google Pay/Samsung Pay digital wallet integration, plus a 55,000+ ATM network. Its product surface spans personal checking (Free Checking, SmartRate Checking, 50 Plus Interest Checking), savings and CDs, mortgages, home equity, construction, ADU and personal loans, and credit cards; on the business side, cash management, escrow/IOLTA, merchant card processing, lockbox, and vertical-specific banking packages; and an Investment Center offering estate, investment, succession, and retirement planning.

The business model is traditional community banking revenue: net interest income on lending products (mortgages, home equity at rates as low as 7.500% APR, construction, personal, and business loans), interest-rate spreads and account fees on deposit products (CDs up to 3.55% APY, business money market at 2.34% APY), transactional fees from cash management, merchant card processing, and lockbox services, and advisory/professional-services fees from the Investment Center. Customer acquisition runs through direct-to-consumer channels — branches, the corporate website, social media (Facebook, LinkedIn, Instagram, YouTube), community engagement programs, and financial-education content — with local decision-making positioned as the primary differentiator against larger national and regional competitors. The bank is currently undergoing a 2026 brand refresh to 'Cape & Coast Bank' alongside digital and operational transformation, signaled by six new governance-body appointments and internal commercial-banking promotions.

Cape Cod Co-Operative Bank firmographics

Firmographics

Name: Cape Cod Co-Operative Bank
Legal name: Cape & Coast Bank
Website: https://thecooperativebankofcapecod.com
Company type: Private
Founded year: 1921
Operating status: Operating
Headcount range: 101–250 employees
Short description: Cape & Coast Bank (formerly The Cooperative Bank of Cape Cod, founded 1921) is a Massachusetts-chartered mutual community bank in Hyannis offering personal, business, and investment banking to Cape Cod consumers, small businesses, government entities, and nonprofits.
Ownership category
akta.pro rank

Cape Cod Co-Operative Bank industry classification

Industry

Product category: Retail Banking
NAICS: Commercial Banking (52211)
SIC: State Commercial Banks (6022)
akta.pro primary industry: General SME & Middle-Market Commercial Banking (FSABABAA)

Keywords

Retail banking services
Community banking
Commercial lending
Wealth management
Digital banking

Where Cape Cod Co-Operative Bank is headquartered

Location

Headquarters

HQ city: Hyannis
HQ country: United States
HQ region: North America

Offices1 record

Markets served

Cape Cod Co-Operative Bank business model

Business model

GTM type: B2B and B2C
Offering type: Services
Cost components: Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

Interest Income: Traditional banking revenue generated from interest earned on loan products including mortgages, home equity loans, construction loans, personal loans, and business loans.
Deposit Products: Revenue from savings accounts, certificates of deposit, money market accounts, and checking accounts through interest rate differentials and account fees.
Business Banking Services: Fees from cash management services, lockbox services, merchant card processing, and business credit cards.
Investment Center Services: Wealth management, estate planning, investment planning, succession planning, and retirement offerings generating advisory and service fees.

Pricing tiers

Model	Billing	Price
Freemium	Monthly	Free Checking - No monthly fees with digital banking access
Subscription	Annual	Certificate of Deposit rates up to 3.55% APY
Other	Pay-as-you-go	Home Equity Loan as low as 7.500% APR
Subscription	Monthly	Business Money Market at 2.34% APY

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Cape Cod Co-Operative Bank product offering

Product offering

Core offering

Cape & Coast Bank is a community cooperative bank providing personal and business deposit products (checking, savings, CDs, money market), consumer and commercial lending (mortgages, home equity, construction, personal, business loans, credit cards), business cash management and payment services (lockbox, merchant card processing), and wealth advisory services through an Investment Center. The bank serves Cape Cod individuals, small businesses, government entities, nonprofits, and industry-specific verticals (hospitality, real estate, legal) through physical branches and a digital banking platform with Zelle and digital wallet support.

Product overview

Cape & Coast Bank (formerly The Cooperative Bank of Cape Cod) offers a comprehensive community banking platform serving personal, business, and investment banking needs across Cape Cod. The product portfolio includes personal checking products (Free Checking, SmartRate Checking, 50 Plus Interest Checking), savings and investment products (Savings, Certificates of Deposit, Money Market Accounts), lending products (Mortgages, Home Equity Loans, Construction Loans, Personal Loans, Accessory Dwelling Units), and credit cards. Business banking includes specialized checking accounts (Cash Management, Client Escrow & IOLTA, Business Interest, Free Business Checking), business savings and money market products, industry-specific banking (Government, Nonprofits, Hospitality, Real Estate & Legal), and cash management services (LockBox, Merchant Card Processing). The Investment Center provides Estate Planning, Investment Planning, Succession Planning, and Retirement Offerings. Digital banking is delivered through Online Banking with Zelle® and Digital Wallets integration. The bank positions itself as a relationship-focused community bank with local decision-making.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

Strong financial growth reported at annual meeting for fiscal year ending March 31, 2026

Companies that use Cape Cod Co-Operative Bank

Customer profile

Segments7 records

Ideal customer profiles3 records

Cape Cod Co-Operative Bank technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Cape Cod Co-Operative Bank partnerships and signals

Strategic signal

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Cape Cod Co-Operative Bank competitors and assessment

Company assessment

Direct peers

Cape Cod Five Cents Savings Bank: Mutual community bank headquartered on Cape Cod with deposit, mortgage, business lending, and wealth management offerings — the closest direct peer given geographic overlap on Cape Cod and similar community-banking positioning.
Brookline Bank: Massachusetts community bank (subsidiary of Brookline Bancorp) providing personal checking, mortgages, business lending, and treasury services — comparable in scale, product mix, and New England community-bank orientation.
Avidia Bank: Mutual community bank serving central Massachusetts with deposit accounts, mortgages, business banking, and wealth services — closely comparable in cooperative ownership, customer segments, and product breadth.
Cambridge Savings Bank: Massachusetts-based mutual savings bank offering personal, business, and wealth management products — structurally and operationally similar to Cape & Coast Bank with an urban-suburban versus coastal-community footprint.

Broad incumbents

Rockland Trust (Independent Bank Corp): Massachusetts-based community/regional bank offering personal, business, and wealth services across southeastern MA including Cape Cod. Larger, multi-branch incumbent with overlapping retail/small business product set and direct Cape Cod presence.
Eastern Bank: Large Massachusetts-based mutual bank with deposit, lending, and wealth offerings across New England. Comparable in cooperative structure and broad community-bank strategy, but materially larger and operating across a wider geography.
Citizens Bank (Citizens Financial Group): Large regional bank with deep Massachusetts retail and commercial banking presence. Competes for the same Cape Cod retail and small-business customers but operates a national/regional scale broader than the bank's.

Regional players

Berkshire Bank: Mutual-style community bank serving Massachusetts and the Northeast with personal and business banking. Comparable cooperative-leaning community positioning, though its primary geography is western Massachusetts and New England more broadly.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Cape Cod Co-Operative Bank compliance and trust

Trust signal

Compliance3 records

Cape Cod Co-Operative Bank financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Cape Cod Co-Operative Bank leadership team

Management profile

Number of profiles

Profiles2 records

Cape Cod Co-Operative Bank funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Cape Cod Co-Operative Bank M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cape Cod Co-Operative Bank

What does Cape Cod Co-Operative Bank do?

Is Cape Cod Co-Operative Bank a public or private company?

Cape Cod Co-Operative Bank is a private company. It is classified as management employee owned and is currently operating.

When was Cape Cod Co-Operative Bank founded?

Cape Cod Co-Operative Bank was founded in 1921. It employs 101 to 250 people.

Where is Cape Cod Co-Operative Bank based?

Cape Cod Co-Operative Bank is headquartered in Hyannis, United States, in the North America region.

How does Cape Cod Co-Operative Bank make money?

Four revenue lines are on record. Interest Income is the primary driver. The others are deposit Products, business Banking Services and investment Center Services.

Who are Cape Cod Co-Operative Bank's main competitors?

Direct peers on record are Cape Cod Five Cents Savings Bank, Brookline Bank, Avidia Bank and Cambridge Savings Bank. Broad incumbents are Rockland Trust (Independent Bank Corp), Eastern Bank and Citizens Bank (Citizens Financial Group). Berkshire Bank is listed as a regional player.

Does Cape Cod Co-Operative Bank have an API?

No public API is recorded for Cape Cod Co-Operative Bank.

What industry is Cape Cod Co-Operative Bank in?

Cape Cod Co-Operative Bank's product category is Retail Banking. Its primary akta.pro industry code is FSABABAA, General SME & Middle-Market Commercial Banking. Its NAICS code is 52211 and its SIC code is 6022.