Cooperative Bank Donates More Than $2,500 To Resilience Fund

Filed Under: Banking, COVID-19 Resource Center, Philanthropy

The Cooperative Bank of Cape Cod has donated over $2,500 to the Cape Cod Resilience Fund, which offers direct grants to local small business owners to provide economic relief during the COVID-19 pandemic.

Through the sales of T-shirts promoting the Bank’s “ReCOOP” campaign last summer, which gave customers an opportunity to donate to the Cape Cod Resilience Fund, more than $500 was raised for the program. The Coop also donated an additional $2,000 to the Fund.

The “ReCoop” campaign was created to encourage the Cape Cod community to look optimistically toward the future as their lives and businesses rebound from the effects of the pandemic.

“The Cape Cod Resilience Fund is vitally important to our community because the money raised goes directly to the Cape’s small business owners to help keep their doors open during the pandemic,” said Lisa Oliver, chair, president and CEO of The Cooperative Bank of Cape Cod. “With the holiday season upon us, I encourage our neighbors to shop locally and support the Cape’s small businesses.”

The Cape Cod Resilience Fund was established by Love Live Local, an organization dedicated to community advocacy and educating consumers on the importance of shopping local.

Since its inception in April, the Cape Cod Resilience Fund has awarded $98,000 in grants to 96 local businesses and is currently raising funds for a round of grants specifically for businesses involved in the wedding industry, which has been particularly hard hit during the pandemic.

“I’m profoundly grateful for The Coop’s support of the Cape Cod Resilience Fund,” said Amanda Converse, CEO and founder of Love Live Local. “Local businesses create more jobs, reinvest more in the community and sustain local nonprofits. I wish we could do more.”

If you would like to contribute to the Fund, visit lovelivelocal.com/resilience.


Our latest edition!!!


Menu

Please help support regional biz news with 11k other Professionals.
Free weekly updates.

Your email is confidential and secret.