HYANNIS, Mass.,(January 9, 2025) – The Cooperative Bank of Cape Cod is pleased to announce the appointment of Jamie Cannavo as First Vice President, Commercial Relationship Manager. In her new role, Cannavo joins the bank’s commercial lending team, where she will focus on delivering tailored financial solutions and driving business growth for clients across the region.
With 15 years of experience in banking, Cannavo most recently served as Vice President at HarborOne Bank. She has built a proven track record in relationship building, credit analysis, and loan management—expertise that aligns perfectly with The Cooperative Bank of Cape Cod’s mission to foster local economic growth.
“Jamie brings experience to The Coop team that benefits the entire community,” said Lisa Oliver, Chair, President, and CEO of The Cooperative Bank of Cape Cod. “Her expertise in commercial lending and commitment to supporting local businesses will be invaluable as we continue to grow our commercial banking services.”
As a Commercial Relationship Manager, Cannavo will leverage extensive knowledge of real estate lending, credit risk assessment, and loan portfolio management. She will also be responsible for ensuring compliance with financial reporting and credit requirements while continuing to build a strong portfolio of commercial loans and deposits.
“The Cooperative Bank of Cape Cod is well known as a community focused institution with a strong reputation for personalized service supporting local growth,” said Cannavo. “I look forward to using my experience in commercial lending to help businesses thrive, creating momentum across Cape Cod’s business community.”
With a Master of Business Administration and a Bachelor of Science in Finance from Bentley University, Cannavo’s previous employment experience includes commercial banking and credit analysis at the Federal Reserve Bank of Boston and John Hancock.
Cannavo is committed to devoting her time to community-based charities, volunteering with organizations such as Habitat for Humanity and supporting the United Way.
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 ogice in Provincetown. For additional information, please visit www.thecooperativebankofcapecod.com,www.facebook.com/mycapecodbank or call 508-568-3400
