– The Cooperative Bank of Cape Cod has received the 2024 Community Partner Award in Social Responsibility from YMCA Cape Cod, recognizing the bank’s commitment to social responsibility and its enduring partnership with the YMCA.
The YMCA Cape Cod Community Partner Award is bestowed upon a local business or organization that has made a significant contribution to the success of the YMCA’s mission. Through both financial support and active employee involvement, the bank has been an essential partner to the YMCA in addressing critical community needs, from youth programs to infrastructure investments.
“Empowering individuals to embrace new opportunities and advance in their lives is profoundly rewarding,” said Lisa Oliver, Chair, President, and CEO of The Cooperative Bank of Cape Cod. “YMCA Cape Cod is an invaluable resource to improve the health and well-being of community members of all ages and inspire action to make our region a better place to live, work and thrive. We are proud to be longtime supporters of YMCA Cape Cod and look forward to continuing our valuable partnership well into the future.”
One of the most significant areas of focus has been the Y Achievers Program, which helps teens, many of whom are first-generation students, prepare for college and advanced training. The bank not only provides funding for these initiatives but also has employees who volunteer their time on YMCA boards and mentor students directly, helping them navigate their often-challenging educational path.
“The Cooperative Bank of Cape Cod has a mission to generously uplift our communities,” said Stacie Peugh, President and CEO, YMCA Cape Cod. “At the YMCA, we see their mission in action through their committed relationship. They don’t just invest in programs; they invest in infrastructure - most recently, the Hyannis Early Education Center and the new Y in Falmouth. They know that investment in our community pays dividends for years to come.”
The partnership between The Cooperative Bank of Cape Cod and YMCA Cape Cod goes beyond financial support; it is a shared commitment to improving the lives of Cape Cod residents. With a focus on youth development, healthy living, and social responsibility, the bank’s ongoing contributions ensure the YMCA can continue to provide critical services and build a more resilient and connected Cape Cod for future generations.
About YMCA Cape Cod
YMCA Cape Cod is a nonprofit organization dedicated to strengthening the community by nurturing the potential of youth, promoting healthy living, and fostering social responsibility. Its mission is to serve the Cape Cod community by providing programs rooted in its core values of caring, honesty, respect, and responsibility that build a healthy spirit, mind, and body for all. YMCA Cape Cod offers a wide range of programs, including early education, youth sports, aquatics, health and wellness initiatives, and community development programs to support individuals and families across the Cape.
About The Cooperative Bank of Cape Cod
The Cooperative Bank of Cape Cod is an independent mutual community bank with more than $1.6B in assets and is a member of both the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF), guaranteeing 100% of deposit balances are insured in full.
The Coop delivers a robust suite of digital and traditional banking products for consumers and business owners including mobile and online banking, person-to-person payments, mortgages, and checking and savings accounts. The bank’s customized programs support businesses of all sizes, through a variety of business loans, cash management services, merchant card processing and payroll services.
Through The Cooperative Bank of Cape Cod Charitable Foundation Trust, the bank is a prominent philanthropic partner, providing more than $2 million in grant funding since 2018 to address the critical socioeconomic needs and challenges of the region. The Coop encourages its employees to become a powerful force for good through volunteerism in the communities where they live and work and was named a 2021,2022 and 2023 Top 100 Charitable Organization by the Boston Business Journal.
Headquartered in Hyannis, The Coop also operates nine full-service branch locations throughout Cape Cod and a mortgage office in Provincetown. For additional information, please visit www.thecooperativebankofcapecod.com, www.facebook.com/mycapecodbank or call 508-568-3400