Bank growth, economy highlighted at shareholder meeting
Bank of Cape Cod President and CEO Timothy T. Telman addresses shareholders at a meeting last week.
Bank of Cape Cod’s future provides for continued, responsible growth while maintaining a strong level of commitment to its customers and the communities it serves, President and CEO Timothy T. Telman told shareholders at an annual meeting on Thursday, June 19.
“Bank of Cape Cod is doing terrific,” Telman said in his remarks to those gathered at the Cape Codder Hotel in Hyannis. “We have a great team, a strong board of directors, supportive shareholders, and a remarkable customer base.”
Telman said 2013 was marked by numerous achievements at the bank, including two successful capital raises totaling $8 million, the launch of a residential lending division, improved asset quality and the successful acquisition of new corporate headquarters and a fourth branch due to open this July at 1582 Iyannough Road/Route 132 in Hyannis. He said the bank had record profitability in 2013 and so far in 2014, it is exceeding expectations.
Telman noted the following unaudited financial highlights for 2013:
* Assets of $224 million, a 15 percent increase
* Loans of $178 million, an increase of 15 percent
* Deposits of $177 million, an 8 percent increase
* Net income of $496,000, a 35 percent increase
“The overall Cape economy is stable and we see many positive signs of overall economic improvement,” Telman said. “The majority of our lending is right in our own backyard. We are focused right here on Cape Cod helping businesses grow and boosting the economy.”
Bank of Cape Cod opened its first branch at 232 Main Street in Hyannis in 2006 and has since added branches at 57 West Bay Road in Osterville and 445 Main Street in Falmouth.
“Bank of Cape Cod remains committed to promoting the financial health of our communities and serving the needs of our local businesses and individuals,” Telman said. “With continued support of our loyal customers, employees and shareholders, we look forward to an even more prosperous 2014.”
Also at the meeting, John MacKinnon and John Mechem were each elected to serve additional three-year terms on the board of directors.
Bank provides Legacy Sponsorship to JFK Museum
There is perhaps no other American family quite like the Kennedys who for generations have captivated our country and, equally significant, have called Cape Cod home.
The Kennedy Compound in Hyannisport is one of the most famous landmarks on Cape and a "must-see" for tourists. The home of Joseph and Rose Kennedy is the centerpiece of the compound and where the late President's family came to celebrate and seek solace.
The latest exhibit at the JFK Hyannis Museum captures the moments in history that played out right here on Cape Cod. Filled with never-before-seen photos and videos, the exhibit is titled Cape Cod: The Heart and Home of the Kennedy Family.
"The Kennedy family story is a Cape Cod story," noted Timothy T. Telman, President and CEO of Bank of Cape Cod which is providing a 2014 Legacy Sponsorship for the museum. "We are thrilled that the bank is playing a part in bringing that story to thousands of Cape Codders and vacationers who visit the museum, and attend various programs highlighting the Kennedy family role on Cape Cod and beyond."
The bank's Legacy Sponsorship includes helping to underwrite the current exhibit as well as all programming throughout 2014.
The new exhibit was unveiled last week and highlights the family's deep connection to Cape Cod. Included is a rare look inside the compound as well as the main house that was the place for many family gatherings. It features reflections from Rose Kennedy's decorator, Robert Luddington, who provided photos and artifacts from his private collection.
John Allen, executive director of the museum, said the bank's 2014 sponsorship is critical to preserving the legacy of President Kennedy and his family.
"The Museum Foundation Directors and I are grateful for the 2014 Legacy Sponsorship from Bank of Cape Cod," Allen said. "We will benefit from their local community interest and support for our new exhibit, educational programs and cultural events throughout the year. This is a partnership that is a powerful example of a business commitment to the market it serves."
The current exhibit is on display through the remainder of the year. A number of other events are planned by the museum, including a youth speaker series forum on June 26 featuring Congressman Joseph P. Kennedy III, a great nephew of JFK.
The Kennedy Family Compound in Hyannisport with the former home of Joseph and Rose Kennedy pictured.
Breen, Losh earn retail banking promotions
Timothy Telman, President and CEO of Bank of Cape Cod, has announced the promotions of Andrea Breen to Vice President – retail banking, and Carey Losh to Assistant Vice president – retail banking and operations.
Breen most recently was assistant vice president and branch manager of the bank’s 232 Main Street, Hyannis location. Losh was manager of the bank’s Falmouth branch at 445 Main Street. Telman said the promotions are a result of several changes within the retail banking team.
“These are exciting times at Bank of Cape Cod as we continue to grow prudently while maintaining our level of excellence and commitment to our customers,” Telman said. “I’m confident with Andrea and Carey leading our retail efforts we will effectively address the opportunities ahead of us. They are strong leaders and customer focused.”
Bank of Cape Cod plans to open its fourth branch in early July, at 1582 Iyannough Road/Route 132 in Hyannis. It also has a branch at 57 West Bay Road in Osterville.
Breen has oversight of all personnel and operational duties as they relate to Bank of Cape Cod's four branches. She joined the bank in 2009, after spending 15 years in the banking field. She began her banking career in 1994 as a part-time teller.
She is an active community volunteer and has been a board member for the Old South Dennis Village Association for seven years. She and her husband, Brian, have two sons. You can reach her at 508-568-2403 or by email at firstname.lastname@example.org.
Losh focuses on deposit acquisition and the sales efforts for all branches. She joined the Bank of Cape Cod team in 2013 and has been in banking for nearly 10 years.
Losh has a bachelor's degree in English and sociology from UMass/Amherst. She is a lifelong Cape resident and makes her home in Mashpee with her husband, Christopher, and their two children. You can reach her at 508-444-1610 or by email at email@example.com.
Exhibit 'makes a splash' at Bank of Cape Cod
Members of the Upper Cape Camera Club are “making a splash” with the latest art exhibit on display at Bank of Cape
Cod’s Falmouth branch at 445 Main Street.
Photographers in the club have spent the last several months preparing for the Making a Splash exhibit and will
feature many different interpretations of that theme. The exhibit will be on display through June 17 at the branch, with an opening reception planned for Thursday, May 22, from 5-7 p.m. The public is welcome to the reception and to
view the photography during regular bank hours.
“We are very excited about the exhibit,” said Sherry Martin of the Upper Cape Camera Club. “There are so many
interpretations, whether it is through color or design. The theme is conveyed in many different ways.”
The photos are a mix of entries from new and long-standing club members with 30 pieces in the exhibit. This is the
second time the camera club has hosted an exhibit at the branch since a gallery hanging system was installed in 2012 as a way to provide a forum for community artists and photographers.
“Every exhibit offers something new and creative,” noted Mark Skala, director of marketing and community relations
at Bank of Cape Cod. “Providing the space for all types of artists has been a huge success and we are thrilled to play a part in encouraging, mentoring and advocating on behalf of artists and the arts community here in Falmouth and
Cape Cod as a whole.”
Robin Amaral's "bog in a bottle" is one of the entries in Making a Splash, an exhibit og photographs on display at Bank of Cape Cod's Falmouth branch at 445 Main Street.
Tony Tambascia joins mortgage lending team
Tony Tambascia of Cummaquid has joined the growing residential lending team at Bank of Cape Cod.
Tambascia, who most recently worked at Citizens Bank, has more than 10 years of experience in the mortgage business. He will be providing his expertise as a mortgage loan officer serving the Barnstable Village to Provincetown area for Bank of Cape Cod.
“We are thrilled to have someone with Tony’s mortgage experience and knowledge about Cape Cod contributing to the success of our residential lending team,” said Timothy T. Telman, President and CEO of Bank of Cape Cod.
Bank of Cape Cod launched its residential lending division last May and continues to expand staffing.Tambascia joins Dante DiMassa, vice president of residential lending; Carole Cook, mortgage loan officer in Osterville; and Keeley Scales, mortgage underwriter.
“This is an exciting opportunity and I’m looking forward to working with my clients at Bank of Cape Cod,” Tambascia said. “I enjoy helping people and it is so rewarding when someone comes to me and I can help them get a loan for their piece of the American Dream. It is a great feeling.”
Tambascia is a graduate of Dennis-Yarmouth Regional High School, received an associate’s degree in art from Cape Cod Community College, and earned a bachelor of science in criminal justice from Westfield State University.
He is a board director for the Cummaquid Heights Association and works on the membership committee for Blue Coats of Barnstable, an organization that helps raise money for the Barnstable Police Department. Tambascia and his wife, Becca, have two sons, Anthony and Caden, and enjoy family time, traveling, boating and going to the beach.
You can reach him at 508-280-3029 or by email at firstname.lastname@example.org
Bank, Katie's Ice Cream host fundraiser for BHS
Katie’s Ice Cream and Bank of Cape Cod are pairing up for the Barnstable High School prom. Well, sort of.
The two businesses are joining forces to raise money for a post-prom party at BHS. On Friday, April 25, 10 percent of
all proceeds from sales at Katie’s will support Celebration, an annual senior prom event which costs about $20,000 to produce. Bank of Cape Cod is planning to support the effort by providing a grant to match the funds raised at Katie’s.
Julie Kimball, owner of Katie’s, said she wanted to support the event since many of her employees through the years
have enjoyed a safe and fun after prom Celebration. She said any effort to support a “safe” after-prom party that is alcohol free and drug free is a good thing. She doesn’t know what to expect since it is her first foray into fundraising in this manner, but decided to jump in.
“When we learned about what Julie was doing at Katie’s, we thought what a great way to support one of our customers
who is also a fellow Hyannis Main Street business,” said Timothy T. Telman, President and CEO of Bank of Cape Cod. “By joining forces, we thought we could increase exposure for the event and raise even more money. It’s win-win.”
“I’m thrilled to have Bank of Cape Cod hop on board,” said Kimball. “I think it is terrific for the kids to help
make this prom safe. It is such a great event and we are looking forward to having a great fundraiser.”
Katie’s Ice Cream will be open on Friday, April 25, from noon to 8 p.m. Any ice cream, merchandise or other
purchase will be counted toward the day’s total for the fundraiser. Deb Nelson, one of the chairs of the Celebration event, said every dollar raised will be put to good use.
“It’s just awesome how businesses step up,” Nelson said. “We need anywhere from $20,000-$30,000 for this multi-staged event with entertainment, prizes, games, you name it. It is all about providing an alcohol free and drug free environment for prom goers starting at 11 p.m. and going to 5 a.m. It is a major production and so important to our school community.”
Bank of Cape Cod information security
By now, you are aware of the vulnerability in OpenSSL known as the “Heartbleed” bug. The vulnerability could allow malicious parties to access your personal information.
At Bank of Cape Cod, the security of your personal information is our highest priority. Bank of Cape Cod has verified that its online banking products are not exposed to the OpenSSL vulnerability known as the “Heartbleed” bug.
As always, Bank of Cape Cod encourages our customers to contact our customer service team at any time with questions that may have.
For more information on the Heartbleed bug, visit heartbleed.com
Bank of Cape Cod helps bring history to life
Bringing history to life and making it relevant to today’s audience is a major mission of Tales of Cape Cod.
The group has painstakingly and lovingly maintained the Olde Colonial Courthouse on Route 6A in Barnstable
Village. The building that dates from 1772, is a Registered Historic Landmark and home to Tales of Cape Cod. Every summer for 43 years, Tales of Cape Cod has presented a lecture series on various aspects of Cape history.
For the second year, Bank of Cape Cod will be the Presenting Sponsor of the lecture series hosted by the non-profit
group. This year’s line-up includes the retelling by Thomas Dresser of the of the sinking of the City of Columbus off Martha’s Vineyard; Chip Bishop recounting Teddy Roosevelt’s son and his Cape Cod connection; and Van Northcross’ charming perspective on the history of Cape Cod Hospital.
There are 11 lectures in all, held on Mondays at 7:30 p.m. in the Old Colonial Courthouse on Route 6A and Rendezvous Lane. One of the highlights of the season is the presentation on June 9 of the Mercy Otis Warren Woman of the Year award.
“These lectures celebrate the Cape’s unique history and we are delighted to partner again this year with Tales of
Cape Cod to ensure audiences can learn and appreciate our past, and how it is connected to our present and our future,” said Timothy T. Telman, President and CEO of Bank of Cape Cod.
To learn more about Tales of Cape Cod, log on to the group's website at talesofcapecod.com. Click on the document provided to get a complete lecture series schedule. Tales of Cape Cod schedule
Employees take a swing at fundraiser
Bank of Cape Cod employees stepped up to the plate for the Jimmy Fund during last week’s Red Sox home opener at Fenway Park.
The Jimmy Fund encouraged area businesses to join the Dress for Sox-cess campaign, allowing employees to wear their Red Sox gear to work on Friday, the opening day at Fenway. In exchange the employee made a $5 donation
to the Jimmy Fund. Several dozen Bank of Cape Cod employees participated in the campaign to support the “Rally Against Cancer” fundraising event.
“It was great fun and people enjoyed the opportunity to support two very worthwhile efforts – The Jimmy Fund and hometown team on Opening Day,” said Mark Skala, director of marketing and community relations at the bank. “Our customers appreciated the bank team’s effort, and the personal touch at Bank of Cape Cod.”
Bank of Cape Cod generously matched the employee contributions and issued a check for $300 toward the Dress for Sox-cess effort.
Falmouth branch team members Carey Losh and Wendy Randolph are among the employees who sported Red Sox gear on Friday as part of a fundraiser for The Jimmy Fund.
Bank earns tops Commercial Lender status
Bank of Cape Cod was recently recognized by Banker & Tradesman magazine as one of the top 10 commercial lenders in Massachusetts for 2013.
In a special report published on March 10 titled "Top Lenders 2013," Bank of Cape Cod was named number 7 in commercial lending/retail mortgages by volume. In the lead article, Banker & Tradesman noted that community banks are "leading the charge" when it comes to lending in local communities across the Commonwealth.
"This award is deserved recognition of the hard work of our two commercial lenders, our credit department, the commercial lending support team and the entire bank staff," said Timothy T. Telman, President and CEO of Bank of Cape Cod. "Mark Sexton, executive vice president and chief lending officer, and Charlie DeSimone, senior vice president and commercial lending officer, work tirelessly to provide our customers with exceptional service and offer our credit-worthy clients with financing that's right for them."
According to Banker & Tradesman, lending in the state increased across all categories in 2013 as Massachusetts "continued its climb out of the economic doldrums." Bank of Cape Cod, Telman noted, had an excellent 2013 and continued to lend responsibly to businesses while contributing to the economic growth of the region. In the third quarter of 2013, Bank of Cape Cod was the number 1 commercial lender on the Cape, according to Banker & Tradesman.
Bank of Cape Cod will be further increasing its footprint in 2014, opening a fourth branch sometime in mid-2014 at 1582 Iyannough Road/Route 132 in Hyannis. The bank currently has branches at 232 Main Street, Hyannis; 57 West Bay Road in Osterville; and 445 Main Street, Falmouth.
Here's a list of the top 10 Commercial Lenders/Retail mortgages by volume for 2013 as noted by Banker & Tradesman:
1. Rockland Trust
2. Eastern Bank
3. TD Bank NA
4. Enterprise Bank & Trust Co.
5. East Boston Savings Bank
6. Bank of America NA
7. Bank of Cape Cod
8. Cape Cod Five Cent Savings
9. Peoples United Bank
10. Avidia Bank
Charles DeSimone, senior vice president and commercial lending officer, and Mark Sexton, executive vice president and chief lending officer.
Students' artwork on exhibit at Falmouth branch
Their images evoke thoughts of Spring, depicting vibrant backyard flowers and colorful birds created with etchings and linocuts. You can almost smell the flowers and hear the birds singing.
The artwork by students in the Advanced Placement and Advanced Art classes at Falmouth High School is a wonderful respite from this prolonged Cape Cod winter. Their work is on display at Bank of Cape Cod's Falmouth branch beginning March 17 and will serve an even more important purpose beyond its visual appeal -- all proceeds from the sale of art will benefit the Arlene Hanlon Scholarship.
"This is our first foray featuring student work at our Falmouth branch and we couldn't be more pleased," said Mark Skala, director of marketing and community relations at the bank. "We are thrilled to feature these talented students, but to also help raise funds in memory of someone who was so dear to students and staff at Falmouth High gives it even more significance."
The exhibit, being coordinated by art teacher Jane Baker and titled Bloom and Grow, benefits the scholarship setup in memory of Hanlon. She was a beloved staff member at Falmouth High for more than 15 years and died suddenly last Fall.
Ellen Barol, a scholarship committee member, said Hanlon had a "special place in the hearts of her colleagues and students" with whom she worked. She created and built the MCAS tutoring program for students who need extra support to pass the state-mandated exams.
"She loved nature and flowers and the works feature etchings and linocuts of backyard flowers and local birds, all done in memory of Arlene," Baker said. "They (scholarship committee) are thrilled you are giving us this opportunity to show the art and to sell the works to benefit the scholarship and art students. It is a terrific thing."
Students completed their art over the course of the Fall semester based on sketches they created while on a class trip to the Harvard Museum of Natural History. Their work will be on display at the bank's 445 Main Street branch until April 17. A reception for the students, their families and the public is set for Thursday, March 20, from 5-7 p.m. at the branch.
"We have had many, many wonderful community exhibits since our branch opened in the Spring of 2012, but we are particularly excited to play host to the students, and in some small way bolster this important scholarship," Skala said.
Building brains and dreams at LEGO competition
Bank of Cape Cod is joining forces with the Home Builders & Remodelers Association of Cape Cod, the Cape Cod Children's Museum and Cape Cod Community College as the main sponsor for an exciting LEGO competition that promotes science, technology, engineering and math (STEM).
The first of what is hoped to be an annual competition is set for Sunday, April 27, at Cape Cod Community College. Chris Duren, executive director of the Home Builders Association, said the event will bring the entire family together, especially children ages 5-12, as they build LEGO homes and have a chance to compete for prizes. The competition integrates STEM initiatives with home building in a fun environment.
"Many of us have such fond memories of the creative hours we spent building with LEGOS or working with our children hand in hand on a project with LEGOS," said Timothy T. Telman, President and CEO of Bank of Cape Cod. "We are pleased to partner with the Home Builders & Remodelers Association, the Cape Cod Children's Museum and 4Cs to bring this exciting LEGO competition to Cape Cod. We are all about building community and building success at Bank of Cape Cod and this fits right in with that philosophy. We look forward to the event."
Barbara Cotton, executive director of the Cape Cod Children's Museum, said the museum is committed to hands-on, interactive learning experiences and to promote STEM initiatives for children. "We are very excited to integrate STEM with home building, and involve children in a unique and fun setting," Cotton said. "Play is an important part of growth and development in children. It's the work of childhood. We hope the public will come out and join us for the playful work of building brains and building dreams."
Duren encourages parents to pre-register their children as early as possible as there are only 30 spots available in the competition. Forms are available by calling the Home Builders Association at 774-47-02943 or by emailing her at email@example.com.
The event will take place from 1-5 p.m. at the 4Cs campus and will include two age groups: 5-8 year olds and 9-12 year olds. Prizes will be awarded for first, second and third places in each age category. E.J. Jaxtimer Company and Cataldo Custom Builders are serving as category sponsors for the event.
Bank of Cape Cod supports Heroes Breakfast
Last year's honorees get their time in the spotlight at the Heroes Breakfast hosted by the Cape and Islands chapter of the American Red Cross.
Bank of Cape Cod will once again this year be a Hero Sponsor for the annual Heroes Breakfast hosted by the Cape and Islands chapter of the American Red Cross.
Each year, the Cape and Islands Red Cross recognizes the heroic efforts of Cape Codders who go beyond the call of duty in service to the community. "Whether it is saving a life, or enriching and transforming lives, every one of the people we highlight are true heroes," noted Hilary Greene, executive director of the Cape and Islands Red Cross.
This year's breakfast is Friday, March 28, at the Resort and Conference Center in Hyannis.
The breakfast not only acknowledges people for their service, it is also the Cape chapter's largest fundraiser with more than 500 individuals, community leaders, business owners, family and friends in attendance. Awards are handed out in the following categories: Professional Hero (firefighter, EMT, etc...); Life Saving Hero; Community Impact/Community Service; Good Samaritan; Armed Forces Hero; Environmental/Animal Hero; Individual with Disabilities Hero; Mentor/Role Model Hero.
"Most of the time these heroes honored go about their service with little recognition so it is incredibly rewarding to give them their due," said Timothy T. Telman, President and CEO of Bank of Cape Cod.
This is the third year Bank of Cape Cod has stepped up as a Hero Sponsor. Mark Skala, Director of marketing and community relations at the bank, said it is a small way to recognize the extraordinary work being done by our neighbors and friends. Last year, Skala had the privilege of presenting a Hero award to his neighbor and friend, Ron Winner. Winner, who works at Shepley, was recognized for his tireless efforts in the community and received the Mentor/Role Model award.
Theoharidis joins Bank of Cape Cod team
Lisa Theoharidis has joined the growing team at Bank of Cape Cod.
Timothy T. Telman, President and CEO of the bank, said Theoharidis is working on corporate and shareholder-related issues and projects. Bank of Cape Cod's holding company, New England Bancorp, has close to 400 shareholders. In addition to those duties, she is also working closely with the finance department.
"Lisa is an excellent addition to our growing team and will serve as a terrific liaison between New England Bancorp, and our shareholders," Telman said. "She brings a wealth of financial experience to the bank as well as a long-standing commitment to the Cape community."
Theoharidis is a graduate of Boston College, earning a degree in accounting. She worked for a number of years at the accounting firm of Coopers and Lybrand where she was an audit manager focusing on the high tech and insurance industries. She also worked at Software 2000 in Hyannis as a controller and one of the directors of finance.
Theoharidis said she is thrilled to be working for Bank of Cape Cod and looks forward to the challenges ahead.
"I knew the people and respected them and I wanted to be a part of something connected to the community," she said. "I didn't want to be a cog in the wheel. I want to be challenged and work with interesting people."
She is active in many community organizations, volunteering her time with Our Lady of Victory parish in Centerville, with the Cotuit Kettleers Cape League team and for 13 years with the Pan-Mass Challenge. She and her husband, Dr. Peter Theoharidis, live in Centerville and have three children. In her spare time she enjoys cooking, cycling and "staying busy."
Bank sponsorships helps celebrate, usher in, holiday season
Everyone knows the holiday season is filled with shopping, cooking, entertaining and all the hustle and bustle. It is also important to take some time and enjoy all the community events going on to usher in and celebrate the season on the Cape. Bank of Cape Cod is proud to sponsor a number of community events.
"This is a great time of year to show our customers and community that Bank of Cape Cod is also a partner and supporter of the many wonderful events happening in our villages," noted Mark Skala, director of marketing and community relations at the bank. "Our villages put on their finest to mark this important time of year. All year long Bank of Cape Cod is pleased to celebrate and support many, many community groups, businesses and organizations. The holiday season just kicks it up a few notches."
The following is a host of events where you will find our Bank of Cape Cod team joining their neighbors and friends in celebrating the season:
- Saturday, Dec. 7: Falmouth Chamber of Commerce Pancake Breakfast from 8-9:30 a.m. at the Morse Pond School.
- Saturday, Dec. 7: the Hyannis Main Street and Village Stroll. Lots of events all day. Bank of Cape Cod will be on Main Street near Jewelcraft from noon-2 p.m. handing out popcorn and fun Santa hats. Bank of Cape Cod is also sponsoring the craft tables for kids along Main Street.
- Sunday, Dec. 8: Bank of Cape Cod is a Presenting Sponsor for the 50th Falmouth Christmas Parade which kicks off at noon. Stop by our branch at 445 Main Street for chowder and popcorn.
- Friday, Dec. 13: Osterville Stroll: We'll be serving chowder and hot popcorn at our West Bay Road branch from 5-8 p.m. Make sure the children stop by for a creative balloon by Carl the Balloon Artist -- while supplies last.
- Friday, Dec. 13 and Saturday, Dec. 14: The Osterville Historical Society and Museum Festival of Trees is underway. The tabletop trees will be raffled as part of a silent auction. We hope you like Bank of Cape Cod's tree entry.
Bank of Cape Cod ranks tops in commercial lending
Bank of Cape Cod was the number one commercial lender in Barnstable County providing more than $14 million in real estate loans to local businesses in the third quarter from July-September.
According to data provided and gathered by the Warren Group in Boston, Bank of Cape Cod had a 12.6 percent market share during that time period, far outpacing the other 78 financial institutions lending in Barnstable County.
"We have clearly established ourselves as a bank that can get things done," said Timothy T. Telman, President and CEO of Bank of Cape Cod. "Our ability to be more responsive to local businesses, working with them to get deals done in a responsible and prudent way is reflective of our position in the marketplace as noted by the Warren Group figures."
Year to date, the seven-year-old Bank of Cape Cod is Barnstable County's number two commercial real estate lender with a 7.9 percent market share and $24.6 million in loan value, just behind the number one lender who has a 9.8 percent market share and $30.8 million in loans.
Telman credits the success to the bank's two commercial lenders, Executive Vice President and Chief Lending Officer Mark Sexton and Senior Vice President Charles DeSimone, as well as the local team supporting their efforts. Telman said businesses appreciate and value having local people who understand the marketplace and can make decisions right here on Cape Cod.
Bank-sponsored symposium includes panel of experts
A symposium Monday about the Federal Emergency Management Agency's new flood maps for Cape Cod will include a panel of experts in the insurance, engineering, building and legal fields.
Sponsored by Bank of Cape Cod and the Cape Cod and Islands Association of Realtors (CCIAOR), the symposium is at noon Monday, October 28th at the CCIAOR offices at 22 Mid-Tech Drive.
Douglas MacDonald from Murray and MacDonald Insurance, Michael Fabbiano of High Point Engineering, Attorney Richard Morse, builder Ralph Cataldo and Deb Martin of CCIAOR will be the featured presenters. They will provide insights and answer questions about how these new changes will impact buyers, sellers and the Cape community as a whole.
"We've put together an outstanding panel of experts who can share their knowledge and understanding of how the new flood maps and flood zones will impact real estate values and insurance costs to property owners," said Dante DiMassa, vice president of residential lending at Bank of Cape Cod. "We've worked very hard to ensure people will walk away educated and have more understanding on this confusing and very important topic."
Bank of Cape Cod will provide lunch for those attending. To register, call Deb Hilton at the CCIAOR at 508-957-4327.
Any homeowner with a federally insured mortgage on a property in a flood-risk area is required to buy flood insurance. Many experts are saying changes to flood insurance costs are the result of the National Flood Insurance Program running at a deficit, anywhere from $20 billion to $30 billion for the subsidized program.
Documentary captures nation's regard for Kennedy
As the film credits rolled a few people wiped away tears and others sat quietly with their thoughts, having just been transported back to the 1960s and that fateful day in Dallas on Nov. 22, 1963 when President Kennedy was assassinated.
Whether you lean Republican, Democrat or somewhere in between, you can't help but marvel at the genuineness and high regard the world held for President Kennedy as illustrated through the more than 800,000 letters First Lady Jacqueline Kennedy received following his death. Those letters and the people behind them are in full focus in the documentary film, "Letters to Jackie: Remembering JFK."
Based on the 2010 book by Ellen Fitzpatrick, the 90-minute documentary is directed by Bill Couterie' and debuted on Cape as a collaborative effort between the Woods Hole Film Festival and the JFK Hyannis Museum Foundation. Bank of Cape Cod was among the sponsors who supported the screening and reception for the film.
The stirring tribute captures the Camelot years through Kennedy family footage and memorable news reels that document the historic time. But the true stars of this film are the people who wrote personal, poignant and heart-felt letters and cards about the impact of JFK's life and death on their own lives. Some 20 of the 800,000 letters were featured in the film, which was screened Saturday night to an audience of about 300 people at Mashpee High School.
"It's moving and educational," Timothy T. Telman, President and CEO of Bank of Cape cod, said as the final credits on the film rolled. "Very poignant and something all audiences should see to appreciate the role President Kennedy played in our country and world. Bank of Cape Cod is proud to play a small part in supporting its screening on the Cape."
The film can be seen on Nov. 17 on the Discovery Channel when it airs just days before the 50th anniversary of Kennedy's assassination and the day many believe changed the world forever. Set against a backdrop of archival footage and never-before-seen Kennedy family home movies, the letters are read by a number of today's leading actors, including Chris Cooper, Jessica Chastain, Viola Davis, Betty White, Channing Tatum, Anne Hathaway and others.
Telman said when the bank was asked to step up and help support the screening, there wasn't a second thought. "The JFK Museum Foundation and Woods Hole Film Festival are two very important institutions on Cape for very different reasons," Telman said. "Here at the bank we are always looking for ways to help our community organizations, and support causes that enrich our culture and economy."
Bank of Cape Cod, Realtor Association host symposium on new FEMA flood maps
There are more questions than answers right now when it comes to the Federal Emergency Management Agency's new flood insurance maps for Cape Cod.
Any homeowner with a federally insured mortgage on a property in a flood-risk area is required to buy flood insurance. Many experts are saying changes to flood insurance costs are the result of the National Flood Insurance Program running at a deficit, anywhere from $20 billion to $30 billion for the subsidized program.
It is causing a lot of concern as the escalating rates for the premiums are more than many homeowners and potential homeowners can afford. A recent article in the Cape Cod Times pointed out that a Provincetown condo flood insurance premium, for example, jumped from $600 to more than $5,000.
All this is leading to many questions Realtors and real estate agents must now field from potential buyers and sellers. Bank of Cape Cod in joining forces with the Cape Cod and Islands Association of Realtors (CCIAOR) by offering a symposium on this topic on Monday, Oct. 28, at noon at the association's offices on Mid-Tech Drive in West Yarmouth.
"We believe the market impact of the flood insurance changes will be significant and education is needed to better serve and advise our customers," said Dante DiMassa, vice president of residential lending at Bank of Cape Cod. "The Realtors are financial institutions are on the front lines in regard to this issue. The more educated they are the better their advice can be to potential buyers and sellers."
DiMassa said the symposium will include experts in the insurance and engineering fields as well as from the CCIAOR. The issue itself is a top priority for the local and state associations of Realtors.
According to Henry DiGiacomo, chief executive officer at CCIAOR, the flood insurance issue will impact a significant majority of real estate agents' clients and the Cape Cod and Islands community as a whole.
"We are urging our membership to please register today (with the CCIAOR offices) for this informative and compelling educational session where they can learn the facts from flood insurance experts and ask questions on this important topic," he said. "This session will provide people with valuable information so they can then educate buyers and sellers, clients and customers."
He said the association is pleased to be partnering with Bank of Cape Cod on this subject.
"We are most fortunate to be working in this collaborative partnership with Bank of Cape Cod, a longstanding community leader and friend of CCIAOR in our marketplace," he added. "They are generous to host this valuable Realtor member benefit."
In a recent column, Tina Lebeau, the 2014 CCIAOR President-elect, urged her membership to increase their awareness of this complicated and changing issue.
"There have been numerous storms with devastating flood damage in the last decade that has depleted the FEMA funds. The government has given FEMA the task of scientifically predicting risk from possible storms and flood damage, and creating a mechanism to insure damage from this risk and to spread the liability for this risk in some equitable fashion," she stated. "On average devastating storms occur every 63 years, and so the last devastating storm the Cape suffered was in 1954, which means the Cape is due somewhere around 2017 for another."
She encouraged members to utilize the resources provided by FEMA and to seek more input from local officials.
DiMassa said he saw first-hand how much confusion there is on this issue and approached CCIAOR about joining forces to educate the community.
"The best professionals in our industry are trying to figure out the impact and how to deal with this," he said. "By bringing together experts from different field to educate the real estate community about the flood changes, I feel, we as an industry will be better equipped to advise our clients."
Jazz is theme of branch art exhibit
Sean Cassidy's portrait of Lee Morgan
In celebration of the Falmouth Jazz Festival, Bank of Cape Cod will be hosting an exhibit through October featuring portraits of famous jazz musicians as captured by artist Sean Cassidy.
Jazz Festival kicks off Sunday, Sept. 29, and culminates on Tuesday, Oct. 15, and features a full lineup of concerts, including a Jazz Stroll along Main Street. Cassidy will showcase his portraits of the musicians at the bank's Falmouth branch at 445 Main St. with a public reception on Thursday, Oct. 3 at 5 p.m.
"Over the years jazz and blues music have always been around in my studio when I paint," said Cassidy. "I find the music very moving and inspirational while working. When I watch live shows I always make quick gestural drawings to capture this energy. For years I have been dabbling with this type of work with the goal of creating a series of jazz and blues paintings."
Cassidy, who earned a bachelor's degree in fine art from the School of Visual Art in New York City, said jazz is a subject he continues to explore and expand on and looks forward to exhibiting at Bank of Cape Cod.
"This series is about capturing the improvisational nature found in jazz and blues, and capturing that quick gestural and responsive style of painting," he said. "Each portrait is painted while listening to that particular artist's music."
After earning his bachelor's degree, he moved to Michigan where he received his master's in painting from Central Michigan University. His work has won various awards and has been exhibited in both national and international juried exhibitions. He is a juried member of the Copley Society of Art in Boston. Cassidy has taught at Anna Maria College, The Plymouth Guild for Arts and is currently teaching at Bridgewater State University, Quincy College and the Cape Cod Art Association. He also teaches classes from his studio.
"We are so honored to have Sean's beautiful pieces as our next exhibit at the branch," said Mark Skala, director of marketing and community relations at the bank. "We are also thrilled the space can be used to coincide with a community event like Jazz Festival. It should be a wonderful celebration of art, music and the community."
For a complete schedule of Jazz Fest, log on to the website at jazzfestfalmouth.org.
Bank supports screening of film documenting JFK remembrances
There were more than 800,000 letters and cards sent to Jacqueline Kennedy in the weeks following the assassination of President John Kennedy -- all reflecting the nation's grief and loss.
Some 50 years later, those poignant and touching letters are the focus of a documentary film titled "Letters to Jackie: Remembering President Kennedy." The John F. Kennedy Hyannis Museum Foundation and the Woods Hole Film Festival are joining forces for a special screening of the film on Saturday, Oct. 19, at the Mashpee High School Performing Arts Center.
Bank of Cape Cid is partnering with the two organizations as sponsor of a reception and screening of the film by Academy Award and Emmy winning filmmaker Bill Couturie, who based the documentary on the 2010 book by historian Ellen Fitzpatrick. This is the first Cape Cod screening of the film, which debuted last week at an event at the JFK Presidential Library in Boston.
"This is an important film for everyone to see, particularly those of us on Cape Cod where the Kennedy family legacy lives on in so many ways," said Timothy Telman, President and CEO of Bank of Cape Cod. "The JFK Hyannis Museum and the Woods Hole Film Festival are two very important organizations bringing rich cultural and economic opportunity to our area and we are happy to support their efforts in showing the film to Cape audiences."
This touching film focuses on 20 of the deeply personal letters that came from all over the country. Set against a backdrop of archival footage and never-before-seen Kennedy family home movies, the letters are ready by a number of today's leading actors, including Chris Cooper, Jessica Chastain, Viola Davis, Betty White, Channing Tatum, Laura Linney and others.
The letters capture the magical touch and close connection many people felt toward the President and First Lady in the early 1960s. There are heart-wrenching, personal and deeply moving sentiments expressed throughout the letters.
"This event is important to both organizations for several reasons," said John L. Allen, director of the JFK Hyannis Museum. "First, this screening preview ties in to our special 2013 exhibit "Summer 1963 to November 22, 1963: Days of Joy, Days of Sorrow" as well as our focus on building a more robust cultural profile of the museum for Cape and Islands residents and visitors. Second, it provides an opportunity for joint collaboration with another Cape arts organization that compliments the mission of both. We are delighted to bring it to Cape audiences and appreciate the support we are receiving for this endeavor."
The reception is at 6 p.m. with the screening at 7, followed by a question and answer period with a panel discussion featuring Couturie and Fitzpatrick. tickets are $35 and $25 and may be purchased at the museum on Main Street in Hyannis, or by logging on to the Woods Hole Film Festival website, woodsholefilmfestival.org.
Real estate e-newsletter launched
Bank of Cape Cod announced this week it has launched an e-newsletter geared toward the real estate community on Cape Cod.
Real Estate eNews is part of a new free service that will provide timely and relevant information about Cape Cod's real estate market, including latest news and trends, as well as useful information on selling and listing properties. The newsletter will also include tips on everything from using Facebook for marketing to safety measures Realtors can take to protect themselves while out in the marketplace, and much more.
"The Cape's dynamic real estate market is constantly evolving and is a critical component to the Cape's economic engine," said Dante DiMassa, vice president and director of residential lending at Bank of Cape Cod. "We know as a local, trusted bank that offers mortgages, we have to do more than just provide exceptional customer service and competitive rates. We must partner with many businesses -- such as real estate companies, appraisers, attorneys and insurance provides -- to do our part in informing, educating and being a valuable resource to them and their customers."
The first issue of the electronic newsletter debuted on Friday, Sept. 13, and will publish bi-monthly. It is being produced by Bank of Cape Cod's marketing team, using multiple sources in the real estate and marketing communities. To receive a copy, contact Mark Skala, director of marketing and community relations, by email at firstname.lastname@example.org.
Bank lends support to Habitat Blitz Build
Bank of Cape Cod will be lending its support to the Home Builders and Remodelers Association of Cape Cod as it hosts Blitz Build when a Habitat for Humanity Home will come together in just one week.
At a dizzying pace, the homebuilders will transform a lot off Namskaket Road in Orleans into a home for a deserving Cape Cod family. The work taking place the week of Sept. 23 starts with wall raising and finishes with an occupancy permit so the family can move right in.
Crews from the homebuilders association will be working steadily as part of the Blitz Build week, noted Christine Duren, executive director of HBRACC. Bank of Cape Cod will be supplying and donating lunch for the busy crews during the week.
"Our members, and the entire community, are known for their generosity and giving back," Duren said. "A great example of this generosity and commitment is the Bank of Cape Cod. Without even being approached, the leadership at the bank jumped on board to help. Working two long shifts per day, sacrificing time and money, our members will need fuel and we appreciate what Bank of Cape Cod is providing."
Vicki Goldsmith, executive director of Habitat on Cape Cod, said the blitz is part of the overall concept of what got the organization started in the first place -- neighbor helping neighbor. The completed house will be among six Habitat is building in the Orleans neighborhood.
"With Habitat there is truly a way for everyone in the community to get involved in helping a neighbor who may simply need a hand up," Goldsmith said. "One person helps with the planning, another swings a hammer, another provides food for the works, another writes a check. It is all needed. And together, it becomes a great way to build community at the same time."
Goldsmith said the blitz will help a couple who both grew up on the Cape and have two young children. She said they are able to purchase a home at an affordable price, so they can stay here and raise their family. She said Habitat is "thrilled" to be partnering with the homebuilders association, and together the two organizations are joining forces with the common goal of creating affordable housing on Cape Cod.
For its part, Bank of Cape Cod will host Olde C Dogs food vending truck at the site during three of the blitz days. Tim Telman, President and CEO of Bank of Cape Cod, said he hopes the food will fuel the workers and provide some needed sustenance.
"What an important effort, to provide affordable housing and to allow young families to stay on the Cape," Telman said. "At Bank of Cape Cod, we are focused on helping the community prosper, one business at a time, one customer at a time. This effort is all about community and Cape Cod's well-being."
Nationally, Habitat has been partnering with professional homebuilders to create Home Builders Blitz and this is the first effort on Cape. To learn more about Habitat Cape Cod or the builder blitz, log on to habitatcapecod.org.
Olde C Dogs owners Michele and Jack Cotton at a Bank of Cape Cod customer appreciation day this summer.
Next generation family business leaders share insights at bank-sponsored forum
Almost 90 percent of U.S. businesses are family owned and range in size from small "mom and pop" stores to businesses like Walmart, Marriott and Ford.
Each faces their own set of challenges when it comes to running their family business, from succession issues to concerns about fair treatment among siblings. Here on the Cape, there are many family businesses facing these concerns, as well as one more challenge: the seasonal and cyclical nature of our economy.
The next generation of family business leaders on Cape will be sharing their insights and experiences as part of a panel during the Family Business Summit on Sept. 19 from 7:30-11 a.m. at the Cape Codder Resort in Hyannis. Children in the Family Business -- The View from the Next Generation features Gary Sheehan of Cape Medical Supply; Meredith Baxter of Associated Elevator; Matt Cole of Cape Associates; Sara Whitely of Whitely Heating and Plumbing; and Michael Robinson of Rogers & Gray Insurance.
The session is one of several planned for the summit, which is being organized by Cape and Plymouth Business with Bank of Cape Cod as the presenting sponsor. The next generation panel has some unique perspectives to share with the audience.
"While being part of a family business certainly presents some unique challenges and pressures, I feel so fortunate to work with my brother, in our family business," Sara Whitely explains in the latest issue of Cape and Plymouth Business magazine, on newsstands now. "I am proud of what we have achieved and look forward to years of success."
The summit is designed to answer the questions people have about the complexities and process of family business success and succession. Timothy T. Telman, President and CEO of Bank of Cape Cod, said the bank works in partnership with many local family businesses providing them with commercial loans and business banking solutions to help them achieve their goals.
"That's why hosting and sponsoring this summit fits perfectly with our own efforts to support, encourage and promote family business," Telman said. "They are part of the entrepreneurial fabric of the Cape economy and community."
To learn more about the Family Business Summit, check out the latest issue of Cape and Plymouth Business magazine or log on to the company's website to register. The summit is also being sponsored by Tarlow Breed Hart & Rodgers law firm, Cape Cod Community College and the Charlton College of Business at the University of Massachusetts Dartmouth, among others.
Lammers work featured in Bank exhibit
For Falmouth artist Abby Lammers, beauty lies in the simple and the ordinary.
"It is in the everyday scenes and objects you pass by on a daily basis," explained Lammers, who launched her painting career in 1994 after a successful stint in the advertising industry as an art director. "I want the viewer to reconsider everyday life through my presentation of common objects and scenes. I try to portray a unique vision of my objects, so that everyday life becomes a little less visible."
Lammers will showcase her work in an exhibit titled "Shapes and Spaces" at Bank of Cape Cod's Falmouth branch during the month of September. A reception for the exhibit will be on Thursday, Sept. 12, from 5-7 p.m. at the 445 Main St. branch. The public is invited to the reception and welcome to stop by the branch during business hours to view the exhibit.
"This exhibit is a mix of still life and landscape paintings, each simple and ordinary objects or scenes," Lammers said. "The work focuses on visual design concepts balancing compositional elements of spatial division, shapes, value and color relationships."
A native of Missouri, Lammers works as a full-time artist from her studios in East Falmouth and Rochester, NY. Her work has been featured in numerous group and solo shows at museums, galleries and cultural centers throughout the United States. She recently had three works accepted into the 2013 Small Matters of Great Importance Juried Exhibit at the Edward Hopper House Art Center, Nyack, NY, by juror Susan Cross, curator of Mass. Museum of Contemporary Art. Her work was also accepted into the Copley Society of Art Fall Exhibit, the Sound of Color, which runs from Sept. 12-Oct. 31 at 158 Newbury St., Boston.
Her work was recognized in the 20th anniversary issue of American Artist's Watercolors, as one of the top emerging watercolorists in the country. She has won more than 60 awards for her work.
"It is such a privilege and honor for us to showcase Abby's talent in our next exhibit," said Mark Skala, director of marketing and community relations at Bank of Cape Cod. "Her work of simple things is, quite simply, stunning. We encourage our branch neighbors and the Falmouth community to come by and see her work, which will also be available for purchase."
The exhibit is the latest featured at Bank of Cape Cod Falmouth, where a gallery hanging system was installed so the branch walls could showcase the talents of local artists and photographers. Exhibits have included work from the Upper Cape Camera Club, members of the Falmouth Artists Guild as well as solo shows. Following the Lammers exhibit, artist Sean J. Cassidy will feature his work depicting jazz musicians to coincide with the Falmouth Jazz Festival in October.
Chappy Island Early Evening, acrylic on canvas, by Abby Lammers
Bank employees make quilts for A Baby Center
They didn't have the easiest time threading the small needle hole and lacked some experience at quilting, but a group of Bank of Cape Cod employees kept their eyes on the big picture -- providing some warmth and color to needy babies.
After several months of work, the end result is 16 colorful and creative blankets quilted by the group of employees and donated Wednesday to A Baby Center in Hyannis. The quilts will be given to low-income family households on the Cape and Islands who have babies under the age of three.
"For many of these babies, it may be the only new thing they have," Mary Pat Piersons, executive director of the center, said when she accepted the quilts at the bank's Hyannis Main Street location. "This is very special."
The employees, led by bank accountant Nancy Turgeon and her master sewer sister Jane Barnes, put their skills to work and made the quilts with cowboy patterns, race cars and bright pink flowers. Jane donated the material, Bank of Cape Cod furnished a few supplies and the employees did the rest.
A Baby Center, located on Center Street, is a stone's throw from the bank's Hyannis branch and employees can often be found volunteering or helping out there. The center provides at no charge, every 30 days, critical basic items like diapers and clothing for infants and toddlers up to the age of three and whose families meet income guidelines as identified by the federal WIC (Women, Infants and Children) program.
"Many families struggle to pay for everything, including heat and not only will these quilts help with that, they are bright and cheery and so sweet," Piersons said. "We are always touched by the generosity of the bank and its employees."
The employees involved in the quilting effort included Lee Ann Hesse, Nancy Turgeon, Andrea Breen, Ginger Scott, Judi Matson, Tracy Taylor and Claudette Azar-Kenyon.
To learn more about A Baby Center and how you can help, log on to ababycenter.org.
Family Business Summit sponsored by Bank of Cape Cod
Bank of Cape Cod, in partnership with Cape & Plymouth Business and the Family Business Association, will be the presenting sponsor for the Family Business Summit on Thursday, Sept. 19.
The event, focusing on the "fun and foibles of family business," will be held at the Cape Codder Resort and Spa in Hyannis from 7:30 to 11 a.m. The Family Business Summit is designed to answer the questions owners, managers and employees have about the complexities and process of family business success and succession.
Attendees will participate in a program of education and discussion geared toward helping all involved in a family business operate more effectively and successfully.
"We appreciate the importance of family businesses on Cape, and how essential they are to our economy," said Timothy T. Telman, President and CEO of Bank of Cape Cod. "We are here to help family businesses achieve their financial goals through lending and business banking services. We always want to do whatever we can to assist and be there for all of our business clients, and this summit is particularly important for our family businesses."
Robert Viamari, co-publisher and partner at Cape and Plymouth Business, noted that family businesses can offer many benefits to those involved, but with the good come additional challenges.
The first session of the summit will focus on best business practices for family business advisors, led by Dr. Cynthia Harrison of Adams Harrison Performance Counseling, and Terry Phinney of Blackstone Management Consulting. The second session will address Children in the Family Business -- the View from the Next Generations. The panel moderator is Terry Shepherd of ROCG Shepherd & Goldstein Consulting Group, and will feature next generation panelists Gary Sheehan of Cape Medical Supply, Meredith Baker of Associated Elevator, Matt Cole of Cape Associates, Sarah Whiteley of Whiteley Heating & Plumbing, and Michael Robinson of Rogers & Gray Insurance Agency.
The cost of the event is $55 and includes a full buffet breakfast. To learn more and register, log on to the Cape and Plymouth Business website.
The Family Business Association is the leading independent, non-profit organization serving family business enterprises. It provides educational programming and a forum for these businesses to collaboratively exchange knowledge and experience.
Bank of Cape Cod hosts Customer Appreciation Days
Bank of Cape Cod is hosting Customer Appreciation Days over the next week as a way to thank loyal customers for their business, and to celebrate summer.
On Thursday, July 18, customers can visit the Osterville branch from 11-1 and on Friday, July 19, at the Hyannis branch from 11-1 where they will be treated to lunch from Bank of Cape Cod. The popular Olde C Dogs vending truck will be available at both locations at those times serving up hot dogs and all the fixings, hamburgers, chowder, drinks and ice cream. For our Falmouth customers, you'll be receiving special gift coupons to a number of Falmouth merchants, including Tina's Ice Cream and DJ's Famous Wings.
"Since our opening seven years ago in Hyannis, our customer base has continued to grow steadily and we appreciate that people recognize and support the special local banking experience at Bank of Cape Cod," said Timothy T. Telman, President and CEO. "This is just one of the ways we continue to celebrate our customers and the partnerships and friendships we have with them."
Telman said what makes Bank of Cape Cod unique is that customers are neighbors and friends. Customer Appreciation Days acknowledges their support and the bank's commitment to them.
Cook joins mortgage lending team
Carole Cook has joined Bank of Cape Cod's growing residential lending division as a mortgage loan officer based in Osterville.
Cook is a registered mortgage originator and has been in the mortgage business for nearly 20 years. She brings a wealth of experience having worked for several banks in the Fairfield, Connecticut market.
"We have had a great response since late Spring when our mortgage division began accepting applications and we are delighted to welcome Carole as the newest member of the team," said Timothy T. Telman, President and CEO of Bank of Cape Cod. "Our team brings insightful local knowledge of the Cape market, extensive experience and a commitment to our customers' financial success."
A classically trained vocal student, Cook grew up in Boston and attended Emerson College and the Longy School of Music where she was involved in opera and theater. Cook also spent a number of years working in sales and marketing for the hospitality industry. She has maintained a home in Osterville for a number of years and is "thrilled" to be here year-round.
"I look forward to helping people find the right mortgage opportunity that best suits their needs," Cook said. "I pride myself on listening and tuning in to what people are communicating. It isn't just about getting a mortgage -- it's about helping people address their financial goals and directing them toward what they need. I love this business and the strategy involved in working closely with customers." In her spare time, Cook plays golf, enjoys bike riding, walking and spending time gardening. You can reach Cook at 508-568-2404 or by email at email@example.com. Cook's NMLS ID # is 186467.
Assiradoo named portfolio officer
Joseph Assiradoo is the new portfolio loan officer in the commercial lending group at Bank of Cape Cod.
In his role, Assiradoo will assist in managing the existing loans in the bank's commercial loan portfolio, performing credit analysis on the loans and reviewing financial data to ensure their creditworthiness. He will follow up on existing loan relationships seeking necessary financial information and other documents as needed.
Assiradoo will work closely with Mark Sexton, Executive Vice President and Chief Lending Officer, and Charles DeSimone, Senior Vice President of commercial lending.
Assiradoo most recently worked as portfolio manager of BankNewport where he was responsible for analyzing and monitoring the creditworthiness of the bank's commercial loan customers. Previously he was a credit specialist at First Commons Bank, a financial analyst with Sovereign Bank and an assistant credit analyst at Citizens Bank.
"We welcome Joe to our team as he brings a wealth of experience," said Timothy T. Telman, President and CEO of Bank of Cape Cod. "His knowledge and analytical skills add depth to our ability to respond quickly and appropriately to the needs of our existing customers."
A resident of Plymouth, Assiradoo is originally from Ghana and came to Massachusetts in 2000, earning a scholarship to Boston University where he earned a master's degree in actuarial science. He has taught college math courses at several Boston area colleges. He has a 10-year-old daughter and in his spare time enjoys playing soccer, boating and participating in many outdoor activities. He can be reached by email at firstname.lastname@example.org.
Bank of Cape Cod sponsors Family Nights in Falmouth
Bank of Cape Cod will once again this summer sponsor Family Nights at Highfield Hall & Gardens in Falmouth.
Family Nights will be held on the lawn at Highfield on Wednesdays during July. Families are encouraged to bring along a picnic and enjoy the activities -- entertainment, crafts, ice cream, popcorn and food vendors. There is also plenty of time for the children to run free and play on the lawn.
This is the second year Highfield has hosted Family nights and the second year Bank of Cape Cod is serving a presenting sponsor for the evenings. Last year's events drew hundreds of people each week and offered free, family friendly entertainment and activities.
"Bank of Cape Cod has again made it possible for Highfield Hall & Gardens to offer our popular Family Night events," said Barbara Milligan, Executive Director at Highfield. "The bank's generous underwriting helps create unique experiences for multiple generations to enjoy together. It's good, old-fashioned family fun at Highfield this summer -- thanks to our friends at Bank of Cape Cod."
Timothy Telman, President and CEO of Bank of Cape Cod, noted the success of last year's partnership with Highfield and said the bank is pleased to be able to underwrite the initiative again this year.
"The first year was a resounding success for the Family Nights and very much in keeping with Bank of Cape Cod's mission in the community to support, encourage and celebrate families and our local organizations," said Telman. "When people bank and invest in us, they are also investing in and supporting the community."
Telman said he was particularly pleased with how Bank of Cape Cod's Falmouth team embraced Family Nights last year and volunteered to help make them a success. "Highfield is among the dozens of Falmouth and Cape organizations we support year-round with financial contributions and with the time and talent of our team members. It's more than just writing a check. It is about partnering and being engaged," he added.
Here's the lineup of entertainment for this year's Family Nights sponsored by Bank of Cape Cod:
- July 10: Yo Yo Show
- July 17: Highfield Hoedown
- July 24: The Elbows
- July 31: Toe Jam Puppet Bank
All events are from 5-7 p.m. For more information, log on to the Highfield website at highfieldhall.org
Getting the scoop on Tina's in Teaticket
As lifelong residents of Falmouth, Tina Mendoza and Scott Bauer want their new business on Teaticket Highway to be more than a successful shop selling ice cream and penny candy.
"We want it to be an asset for this part of town," Mendoza said recently as final preparations are being made to Tina's Ice Cream, located next door to the newly created Teaticket Park. "We know this is a very visible spot and with the work going on to make the park so beautiful, we want to do our part to make this area look good."
Bauer bought the property earlier this year, with financing from Bank of Cape Cod. Tina's Ice Cream is located at the front of the property and Bauer has offices in the back. Bauer also owns B&B Glass, makes of high-end glass shower enclosures.
Major renovations have taken place at what was once a Quizno's Sub Shop. The ice cream shop has a retro, old-fashioned feel to it with multi-colored stools and a penny candy counter just waiting for customers. Picnic benches in a small courtyard outside overlook the new park.
Mendoza is focused on a July 4 opening and can't wait to get going.
"I'm very excited about this, as are our three children (13-year-old twin daughters and an 8-year-old daughter) who want to help out at the shop," Mendoza said. "Scott and I want this to be truly family owned and operated."
She is particularly excited about being located right next to Teaticket Park, a project conceived and created by the Falmouth 300 Committee Land Trust. In December 2011, the land trust bought the former Joe's Driving Range and has been fundraising to turn the 10-acre parcel it into a park. Major work has been underway at the site and passersby can now see visible signs of a park -- with newly planted trees purchased with a grant from Bank of Cape Cod, shrubs, pathways and a new parking lot.
"I hope we can work hand in hand with the 300 Committee," Mendoza said. "We have already been talking to each other, bouncing ideas off each other and brainstorming on ways we can work cooperatively."
The 300 Committee couldn't be more pleased with what is taking shape at Tina's Ice Cream shop, noted Jessica Whritenour, executive director of the land trust. She said the type of business being created is exactly what the group hoped would be next door to the park.
"Add to that the fact this is a Falmouth family, and it makes it even better," Whritenour said. "It's perfect. As an organization we are thrilled with what Tina and Scott are doing over there. It looks amazing so far. We are very, very happy and think the park and shop will be mutually beneficial to each other."
Bauer said he couldn't be more pleased with the decision to buy the property. He credited Charles DeSimone, senior vice president of commercial lending at Bank of Cape Cod, for his helping in making it happen.
"I've been in business for 25 years and am so happy to have our own property," he said. "Charlie moved efficiently and really helped me through this process. It was effortless."
Mendoza expects the ice cream business to be seasonal and is considering other plans for the shop as business takes off and future development of Teaticket Park brings more people to the area.
Bank's donation helps a park grow in Teaticket
Work continues at a steady pace as the 300 Committee Land Trust in Falmouth creates a park at the former Joe's Driving Range on busy Teaticket Highway in Teaticket.
Trees, donated by Bank of Cape Cod, shrubbery, pathways and lighting are visible at the site as the park takes shape. Bank of Cape Cod is a Leadership Partner in the effort to establish the park, a project the 300 Committee took on after it purchased the land in December 2011.
The 300 Committee is a private, non-profit land trust dedicated to protecting and preserving open space for the citizens of Falmouth. Founded by a small group of volunteers to commemorate the Town of Falmouth's 300th anniversary in 1986, the 300 Committee has helped protect more than 2,300 acres throughout the community for conservation, recreation and water protection. The park is the group's first non-passive project.
When Spring arrived, the site was ready for the work to make it truly a park: the planting of trees and meadow grasses, installation of handicapped-accessible paths, benches, bike racks and a reconfigured parking lot.
According to the committee, the vision for Teaticket Park is a restored environmental resource area -- an accessible green space in the heart of the most densely developed village of Falmouth. To complete this vision the committee is still raising much-needed funds. Grafton L. Briggs Landscaping has joined Bank of Cape Cod as a Leadership Partner and many other businesses and individuals are supporting the effort.
According to Jessica Whritenour, executive director of the land trust, a picnic grove, a boardwalk and observation platform, an outdoor classroom and additional benches, trails and native plants will be phased in as funds allow.
When Bank of Cape Cod opened its Falmouth branch last spring, it made a significant donation for the purchase of dozens of trees along the streetscape. Bank of Cape Cod also has branches in Hyannis and Osterville with a fourth one planned for Hyannis in early 2014.
"It is amazing to see this park taking shape," said Mark Skala, director of marketing and community relations at Bank of Cape Cod. "Visiting the site this week, I couldn't help but marvel at the work being done and how this peaceful, tranquil setting is coming together in the heart of one of the busiest areas in Falmouth."
To learn more about the park and the fundraising efforts of the 300 Committee Land Trust, log on to the group's website at 300committee.org
Bank of Cape Cod steps up to plate for Cape League
The Cape Cod Baseball League is considered one of the premier amateur summer leagues for college athletes. Since 1885, the Cape League has drawn some of the most notable athletes of their time, including Jason Varitek, Nomar Garciaparra and the late Thurman Munson, just to name a few.
Thousands of people each summer attend the 44 regular season games showcasing the talented players on the rosters of the 10 teams in the league.
Bank of Cape Cod is pleased to be stepping up to the plate this year in support of the Cape League, by providing funding to the Hyannis Harbor Hawks and Falmouth Commodores. Bank of Cape Cod has reserved the Skybox at the Harbor Hawks game on July 18 versus the Commodores, hosting employees and families, and friends of the bank.
In addition, all foul balls from the evening are being donated by the bank so those lucky enough to get them can have a keepsake of their evening enjoying at Cape Cod Baseball League game at McKeon Field. Bank of Cape Cod President and CEO Timothy Telman will throw out the first pitch at the game.
The bank will also be the official ball sponsor for several Commodores home games this season. Be sure to check out Commodores home games on June 30, July 6, July 14, July 21 and Aug. 2 when Bank of Cape Cod will be sponsoring the balls.
"The Cape League games are a summer tradition unique to Cape Cod," said Telman. "It is always a thrill to watch the talented athletes who are the potential Major League stars of tomorrow, and enjoy the incredible venues where the teams play. Bank of Cape Cod is happy to do its part to support this outstanding league."
A highlight of the Cape League season is the annual All-Star game, this year on Saturday, July 27, at Red Wilson Field -- home of the Yarmouth-Dennis Red Sox. To learn more about the league, visit the Cape Cod Baseball League Hall of Fame at the JFK Museum in Hyannis, or log on to capecodbaseball.org.
Bank of Cape Cod supports Wounded Warrior Figawi team
Sailing has given Marine Corps Corporal Jose Armenta the fun and excitement he thought was gone forever.
He discovered the new hobby only after learning to walk again and a year after he stepped on an Improvised Explosive Device (IED) while serving his country in Afghanistan. He will get to put those sailing skills to work this weekend as part of the Wounded Warrior boat in the annual Figawi Race.
The Wounded Warrior entry includes several soldiers who will complete in this weekend's sail from Hyannis to Nantucket and back. Bank of Cape Cod is one of the lead sponsors of the team, providing a van for their access as well as furnishing supplies they will need on the boat, noted Leo Fein, general manager of Cape Cod Mall and a member of the Figawi Board of Governors. Mark Sexton, Executive Vice President and Chief Lending Officer at Bank of Cape Cod, himself an avid sailor and Commodore at the Hyannis Yacht Club, will be one of several people assisting Corporal Armenta and the team.
Armenta has come a long way in a short period of time. He joined the Marine Corps right out of high school and after boot camp, he was selected for the Military Police School, graduating near the top of his class. He trained explosive-detection dogs to use their keen sense of smell as protective guides in deployments in Afghanistan. While there with his trained dog Zenit, he found five IEDs in one day, but then stepped on one of those invisible pressure plates that ignite the powerful devises. Next thing he knew it was five days later, he was in Germany and as he said "part of me was missing." Armenta's legs were gone and he had severe shrapnel wounds on his lower body. In one year's time, he endured more than a dozen surgeries, intense physical therapy and learned to walk with prosthetics.
Kyle Cornwell is another warrior joining the Figawi Race this weekend. He is 27 years old and was raised in Chico, CA. He enlisted in the Army after graduating from high school. He served as a medic for 6 years and deployed twice to Iraq. during his second tour he was struck by an IED just outside of Fallujah. He suffered traumatic brain injury and lost vision in his right eye.
He now suffers from intense migraines, facial paralysis, and nerve and ligament damage throughout his entire body. Cornwell was an avid weightlifter and baseball player but due to his injuries, he lost the ability to play sports. He currently does cardio exercises, boxing and works out with resistance bands. Cornwell is the GM of Cobblestone Fitness Center in Redding, CA and works with rehab patients suffering from similar injuries. Cornwell is a real hero!
Sexton said he is privileged to be serving on the crew and looks forward to the weekend competition. He credits the Figawi Board of Governors for making this opportunity possible.
Bank of Cape Cod President and CEO Timothy T. Telman said it is an honor for the bank to be able to assist those who have given so much for their country. "Their stories of bravery and courage are an inspiration. All of us at Bank of Cape Cod wish the team fair winds and following seas," Telman noted.
To learn more about how you can support the Wounded Warriors as part of the Holidays for Heroes campaign, log on to the Figawi website at figawi.com and click on the link "Holidays for Heroes."
Falmouth branch exhibit features aerial photos by Margot Cheel
Well-known aerial photographer Margot Cheel's work will be featured in the next exhibit at Bank of Cape Falmouth, 445 Main St.
Cheel is an award-winning photographer, private pilot and arts educator. A resident of Cohasset, her work will be on display through the month of June with a reception open to the public at the Falmouth branch on Thursday, June 6, from 5-7 p.m..
In 2012 she published a book of aerials, "Sea and Sand From the Sky," and copies will be available for purchase at the reception. She discovered aerial photography, she says, quite serendipitously.
"I came to aerial photography at a time when I was seeking a new turn and view of the world," Cheel said. "The perspective from above was exhilarating. After 30 years my art and travel background found a new focus."
Her photography offers unique views of properties and locations, she noted, helping Realtors sell homes, towns attract tourism and conservation groups promote preservation. She has served the Trustees of the Reservations, The North and South Rivers Watershed Association, The Massachusetts Audubon Society and collaborated with Realtors throughout the area.
"Margot's art offers incredibly interesting perspectives of Cape Cod and beyond," said Mark Skala, director of marketing and community relations at Bank of Cape Cod. "That's exactly what we are trying to accomplish with our ongoing exhibits -- giving artists the freedom to showcase their thought-provoking views of our world through images, art and photography."
This will be the fourth exhibit at the Falmouth branch since it opened last May as part of the bank's commitment to utilize the space as a gallery for community groups, individuals and art organizations.
Cheel is a graduate of Middlebury College, founder of Twin Willows Craft Center (Ottawa, Canada) and is the Eastern New England Chapter chairman of the Ninety-Nines -- The International Women Pilots Organization founded by Amelia Earhart. She is a member and past president of the New England chapter of ASMP (American Society of Media Photographers). She has been chosen for juried exhibitions in New England and South Florida and her photography has appeared in numerous publications, calendars and environmental presentations.
Bank of Cape Cod sponsors Tales of Cape Cod lecture series
If walls could talk there would be plenty of stories to tell at the Olde Colonial Courthouse on Route 6A in Barnstable Village, a building that dates from 1772 and is a Registered Historic Landmark.
Bringing stories of the building as well as Cape Cod's rich history to life, is exactly what Tales of Cape Cod accomplishes with its annual summer lecture series, now in its 42nd year. The group's mission, in addition to preservation of the Courthouse building, is to share the Cape's past through public programs.
Bank of Cape Cod is joining forces with the non-profit group this summer as presenting sponsor of the lecture series, treating people to stories ranging from the humble beginnings of the now high profile premier Cape baseball league to the uncovering of an ancient landscape at Wing Island.
"These lectures celebrate the Cape's unique history and we are delighted to partner with Tales of Cape Cod to ensure audiences can learn and appreciate our past, and how it is connected to our present and our future," said Timothy T. Telman, President and CEO of Bank of Cape Cod. "The Cape's historic preservation is just one of the many reasons people are drawn to this beautiful place, whether to live, work or visit."
The lecture series kicks off May 20, with noted teacher, author and historian Jim Coogan sharing the stories of "Slavery and Indentured Servitude on Cape Cod." There will be 12 lectures in all, culminating Oct. 7 with the American Civil War in letters and reminiscences.
"The programs span a range of topics and speakers designed to draw a wide group of audiences," said Joseph Berlandi, president of the group's board of directors. "The subjects vary but are all interesting and historically informative of the early days and current transformation of Cape Cod, its people and its customs."
Berlandi noted that program director Cathy Pastva has assembled an "exciting list" of guest speakers who will share their experiences on people and events that have shaped Cape Cod's history and character.
All lectures are Monday evenings at 7:30 in the beautifully preserved Colonial Courthouse on Route 6A and Rendezvous Land. To get a complete schedule of dates and topics, log on to Tales of Cape Cod website at talesofcapecod.org.
Losh joins Bank of Cape Cod as Falmouth branch manager
Carey Losh has joined Bank of Cape Cod as branch manager in Falmouth.
Losh, a resident of Mashpee, has been in banking for eight years, having held various roles with Sovereign Bank and was a former branch manager for Sovereign's Hyannis West Main Street branch. Her previous banking experience includes stints as a personal banker and assistant branch manager.
"We are pleased to have Carey join our Bank of Cape Cod team," said Timothy T. Telman, President and CEO of Bank of Cape Cod. "Carey is a seasoned professional whose dedication to customer service and banking expertise fits perfectly with our local banking philosophy at Bank of Cape Cod."
Losh worked in her family's upholstering business prior to joining the banking field. A native Cape Codder, Losh grew up in Bourne, graduated from the University of Massachusetts Amherst and then returned to the Cape.
She and her husband Chris have two children, Addison and Jonah. She enjoys sewing and reupholstering furniture as well as baking and cake decorating. Her newest hobbies are landscaping and gardening. Losh is available for all your local banking needs at the Falmouth branch, located at 445 Main Street.
State Treasurer, Bank officials tour D.J.'s in Falmouth
Bank of Cape Cod President/CEO Timothy Telman and Executive Vice President/Chief Lending Officer Mark Sexton joined State Treasurer Steven Grossman Monday on a tour of D.J.'s Famous Wings in Falmouth, a recipient of a $600,000 loan made by the bank leveraged through the Treasury's Small Business Banking Partnership. With its expansion into Falmouth, D.J.'s added some 60 full- and part-time jobs to the Cape economy.
"All across the Commonwealth we are seeing successful businesses like D.J.'s Famous Wings put their entrepreneurial spirit to work through the Small Business Banking Partnership," Grossman said. "By directing additional deposits into Massachusetts community banks and encouraging them to lend to Massachusetts small businesses, the partnership puts the reserve resources of the Treasury to their optimal use, creating jobs, opportunity and prosperity throughout the Commonwealth."
The Small Business Banking Partnership moves Treasury cash reserve funds typically held by large national and international financial institutions and deposits them in amounts of up to $10 million in Massachusetts banks. In exchange for the infusion of new dpeosits, the banks sign a Memorandum of Understanding signaling their intent to enhance their loan portfolios to small credit-worthy local businesses.
D.J.'s is owned and operated by the husband and wife team of Dennis and Eithne Carlin. Opened in February at the former Hearth 'n Kettle site, the Falmouth location joins an existing D.J.'s restaurant in Hyannis which has been in operation since 2004. The original D.J.'s started in Hyannis as a modest eat-in/take-out and delivery operation in 1989, and now the two locations employ more than 110 people.
"Thanks to Bank of Cape Cod, our dream of opening a second location has come to fruition," said Eithne Carlin. "The Town of Falmouth was our choice for our second location because of our fan base for our family friendly sports-themed restaurant and our award-winning wings and great menu. It has been exciting, exhausting and extremely rewarding thus far, and we are looking forward to being a great local destination providing a great dining experience, good jobs and being a part of the local business commuity."
Bank of Cape Cod extended the loan to D.J.'s to fund working capital and renovation of the new location. The bank prides itself on community involvement and investments in local small business enterprises.
"Bank of Cape Cod is focused on supporting local businesses and helping grow our Cape Cod economy," Telman said. "With assistance from the treasurer's office in deploying funds to community banks, it further allows us to work with local businesses like D.J.'s to expand and add more jobs to the local community, at the same time creating new jobs at Bank of Cape Cod. We are able to assist businesses like D.J.'s, a highly successful Hyannis operation, to expand its footprint to Falmouth. Everyone wins."
All deposits that the Treasury makes in these community banks are protected through either insurance or collateral, and the interest rate on the money is comparable to what the Commonwealth receives at out-of-state financial institutions.
Pictured at Monday's tour of D.J.'s Famous Wings in Falmouth are (left to right) Kelly Benway, business development officer in Falmouth for Bank of Cape Cod; Andy Britton, general manager of D.J.'s in Hyannis and company CFO; Timothy Telman, president/CEO of Bank of Cape Cod; state Treasurer Steven Grossman; Eithne Carlin, co-owner of D.J.'s; and Mark Sexton, executive vice president/chief lending officer at Bank of Cape Cod. For more photos and a video, check out our Facebook page.
Falmouth branch hosts gallery reception
Falmouth photographer Molly Johnston and Bank of Cape Cod team members greeted dozens of guests last Thursday during a reception at the Falmouth branch celebrating the current exhibit created by Johnston.
Johnston took a trip last fall to Nepal and India and her images of the people, places and monasteries are part of her exhibit, Ordinary and Extraordinary. The exhibit will be on display through the end of April.
The wine and cheese reception Thursday brought in an engaging crowd of fellow photographers, community members and friends of the photographer. Her work received high praise from the guests for its captivating photos of ordinary people at work and for the stunning, majestic images of holy places and monasteries. Johnston said she was "honored by the support and so appreciative" of the opportunity the bank has given her to showcase her work.
This is the third exhibit hosted by Bank of Cape Cod since it installed a gallery hanging system late last year with the idea the Falmouth branch walls would be used as community art space. Previous exhibits have included a collection of paintings from a class at the Falmouth Art Center by members of the Falmouth Artists Guild, as well as an exhibit from the Upper Cape Camera Club. Future exhibits about Cape Cod subjects and work from Cape Codders are in the planning stages.
To view a photo gallery from last week's reception, check out Bank of Cape Cod's Facebook page.
Bank helps finance South Yarmouth plaza revitalization
The grand opening of Advanced Auto Parts last Friday on Station Avenue in South Yarmouth marked another step in the revitalization of a once-blighted property on the busy stretch of road.
Developed by Bruce and Ron Murphy, with financing from Bank of Cape Cod, the property once considered an eyesore is now home to CVS, Wendy's, Advanced Auto Parts and several local businesses. Ron Murphy said he couldn't be happier with how the property has been transformed.
"It is a gateway to South Yarmouth and we have taken a blighted property and continue to bring national and local retailers here," Ron Murphy said at the grand opening and ribbon cutting for the auto parts retailer. "We would like to keep doing this and continue redeveloping Station Avenue where it needs it. It's great for the community."
Yarmouth Selectman Curtis Sears couldn't agree more.
"It has certainly improved the look of this area," Sears said. "Their efforts have also created jobs and new tax revenues for the town. It is a win all around."
Karen Greene, director of community development for the town, was also on hand for the ceremony and praised the continued community and economic development opportunities created when properties are transformed. She said the town is pleased with several projects bringing new life to Yarmouth.
In addition to town officials, chamber of commerce representatives and other community leaders were on hand to mark the next phase of the parcel's development. Charles DeSimone, senior vice president of commercial lending, said Bank of Cape Cod is pleased to help developers revitalize community parcels, and create new business and employment opportunities on Cape.
Mike Silvia, general manager of Advanced Auto Parts, said the store offers parts, batteries, accessories and maintenance products. He has more than 20 years of automotive and retail sales experience.
Scales joins Bank of Cape Cod as mortgage undwriter
Bank of Cape Cod President and CEO Timothy T. Telman is pleased to announce that Keeley Scales has been named residential mortgage underwriter at the bank.
Scales joins the bank's growing residential mortgage lending team, which was created earlier this year and is being managed by Dante DiMassa, vice president of residential lending. Telman expects the residential lending team to be ready to accept mortgage applications by late Spring.
"Keeley's experience in the mortgage business, combined with her extensive knowledge of the Cape market, make her a perfect fit for our local team," Telman said.
She will be responsible for underwriting conventional and jumbo residential mortgage applications. She most recently worked as an underwriter at a Cape bank and previously worked as a mortgage officer with Prospect Mortgage and Sovereign Bank.
"It's exciting to be a part of something brand-new that allows me to call upon my experience in many aspects of the mortgage business, and help create a process that is focused on a positive customer experience," Scales said.
Scales is a graduate of Northeastern University where she majored in Journalism and has done coursework toward a master's degree in business administration at University of Massachusetts, Boston. She lives in Centerville with her fiance, John Anderson, and their children, Emma and Riley Scales and Sarah and Jack Anderson.
She can be reached via at email@example.com or by phone, 508-568-2336.
Photographer exhibits at Bank's Falmouth branch
Falmouth photographer Molly Johnston captured the ordinary and extraordinary while on a trip to Nepal and Tibet last October.
The images are part of a new exhibit on display at Bank of Cape Cod's Falmouth branch at 445 Main St. Appropriately titled "Ordinary and Extraordinary" her exhibit tells a story of people at work in Nepal and Tibet.
The images feature the color, vibrancy and detail of the people, monasteries and places she photographed while on a two-week trip with a group of fellow photographers. The photographers, thanks to a local guide, were treated to a wide range of people and places -- from villages, towns and cities to monks, pilgrims and farmers.
"For me, it was a journey of discovery, not just in seeing far-away places but as a photographer learning to approach and photograph people in new and compelling ways," Johnston said. "It was an amazing experience."
She shares that experience through dozens of photographs in the exhibit. From these images you appreciate the challenging life of farmers, sense the simplicity of the monks and are humbled by the holy places she visited.
Johnston has lived in Falmouth for more than 10 years and has been a member of the Upper Cape Camera Club for the past three years. She has exhibited in several juried shows at the Falmouth Art Center, and has taken photography classes at the Maine Media Workshops, working with noted photographers Sean Kernan, Peter Tunley and Vincent Versace, as well as locally with Robert Manz and Douglas Greetham.
She is also a pilot and musician, performing on viola da gamba with local groups, including Ensemble Passacaglia and the Solstice singers. She also sings with the Falmouth Chorale. Johnston is retired from a career in high tech and financial services at Fidelity Investments.
Her current work will be on display through April at the branch. An exhibit reception will be held on Thursday, April 11, at 5 p.m. The public is welcome to stop by to see the exhibit during banking hours (8:30 a.m. to 5 p.m.) and all are invited to the reception.
This is the fourth exhibit hosted at Bank of Cape Cod, but this is the first featuring an individual artist. When the Falmouth branch opened last May it was decided the walls should be used as exhibit space to showcase the talents of artists and individuals in the community.
"We have displayed stunning photographs and exceptional art so far," said Mark Skala, director of marketing and community relations at the bank. "The Falmouth Artists Guild and the Upper Cape Camera Club have been wonderful to work with and the exhibits are far beyond what we could have imagined."
This is Johnston's first solo show, and she said while she approached it with trepidation, she is thrilled to be given the opportunity.
Bank financing helps fuel property revitalization
Johnny Kayrouz could see beyond the litter strewn about, the rundown building and torn up parking lot. He envisioned Cape Cod Farms, a state-of-the-art gas station and brand-new convenience store, at a site on Route 28 in West Yarmouth that had become a blight on the neighborhood.
His vision is taking shape and by Memorial Day the gas station and convenience store, a project financed by Bank of Cape Cod, will become a reality. Work crews have been at the location since late January transforming it into what Kayrouz knows will be a thriving business and site everyone will take pride in.
It was a four-year process to acquire the site, secure the necessary permits and get the work underway. But it will all be worth it, he is certain. And he should know. He used to work at and manage the former gas station and store at the site in the 1990s. Kayrouz, who also owns Cape Cod Farms on Route 6A in Dennis, and his uncle Al Nanoum are partners in the project.
"I knew what the site could become," Kayrouz said one recent morning when work crews were busy installing the gas tanks and preparing the site for the convenience store. "I know it had become an eyesore since it was vacant and I wanted to see something positive happen here."
Kayrouz actually bought two parcels of land for the project, which is located next to Giardino's family restaurant. He said he worked closely with the town of Yarmouth throughout the process and made some changes to the store structure and property layout based on recommendations he received.
"We worked together," he said, referring to the town. "Everyone wanted to see something good happen here. We worked out the details."
Karen Greene, director of community development for the town, said Yarmouth is very pleased to see redevelopment of this "once blighted" site. She said Kayrouz has worked cooperatively with the town staff and boards to ensure success of the project.
"This will result in a thriving business and an enhancement to our Route 28 corridor," she said. "We hope that other property owners and potential investors will be encouraged by this redevelopment and the project will serve as a catalyst for other development efforts along the corridor."
Yarmouth Town Manager William Hinchey said the town declared economic development as one of its highest priorities and this project "is exactly in keeping with those priorities. Investing in Yarmouth is a wise investment," he said.
That sound investment was also clear to Mark Sexton, Executive Vice President and Chief Lending Officer, at Bank of Cape Cod.
"This is a great example of what relationship banking is all about," Sexton said recently while visiting the site to check on progress. "They have been excellent business partners to work with and have been extremely cooperative. The bank is very pleased to be able to fund this project."
Kayrouz echoed Sexton's sentiments about the partnership. "The bank has been terrific and so helpful. We like working with a local bank because they are the decision makers and understand their market."
When the project is complete, Kayrouz expects to hire 6-10 employees. He said the project has already helped spur the local economy, creating construction jobs during winter months when laborers otherwise might not find employment.
Bank names DiMassa to lead residential lending team
Bank of Cape Cod has completed the next phase in its plan to provide residential mortgages with the hiring of Dante DiMassa as vice president and director of residential lending, Timothy T. Telman, President and CEO of the bank, announced this week.
DiMassa will head up the bank's residential mortgage lending operation, overseeing all facets of the development and execution of this new business for Bank of Cape Cod. His hiring marks a major step in the bank's strategy to offer mortgages to Cape Cod homebuyers and homeowners.
"We are very pleased to welcome Dante to our team to help build this business," Telman said. "With the real estate market on Cape gaining solid momentum and on the upswing, we feel the timing is perfect to launch this phase of our business. It's an exciting time and fits well into our strategic plans."
Telman said he expects the bank's mortgage lending team to be fully engaged and accepting applications for loans in the spring.
"What we have been able to deliver in commercial lending, we anticipate doing in residential lending," Telman said. "We see this as an opportunity to meet the needs of Cape home buyers and homeowners by offering the same level of high quality customer service and prompt decisions as we have for business customers. Our outstanding growth and ever-increasing customer base naturally lead us to become a provider of residential mortgages. Dante is the perfect fit to lead the effort."
DiMassa most recently was the vice president of residential lending at Martha's Vineyard Savings Bank. DiMassa has had a successful career in residential lending since 1988, including time with Bank of America Home Loan in Braintree where he managed multiple locations and grew the business from startup to production of more than $300 million in loans. He was also senior vice president of Bank of America's loan center in Richmond, VA where he built the operation from startup to a center that produced more than $7 billion in funded loans.
A resident of Marshfield, DiMassa earned a degree in economics from University of Massachusetts-Amherst and attended graduate studies at the University of Bridgeport. He is active in his community and recently helped co-found the Marshfield Flag Football League, an NFL affiliated program, with more than 300 local youths participating. He also coaches baseball and basketball and is father of an 11-year-old son.
DiMassa said joining Bank of Cape Cod allows him to capitalize on his strengths of helping grow a business line and at the same time serve a community need. "I'm passionate about this business and look forward to serving the community," he said.
DiMassa can be reached by email at firstname.lastname@example.org, or by phone, 508-568-2334.
Claudette Azar-Kenyon joins bank as compliance officer
Claudette A. Azar-Kenyon has joined Bank of Cape Cod as Vice President, Compliance Officer, Timothy T. Telman, President and CEO of the bank announced this week.
Azar-Kenyon will be responsible for implementing, administering and ensuring Bank of Cape Cod follows all procedures and complies with all regulations imposed upon financial institutions by state and federal government. She has served as chief compliance officer for The Community Bank of Brockton, BankBoston Globally and Sovereign Bank/Banco Santander.
"We are so pleased to attract someone of Claudette's caliber," said Telman. "She is energetic, knowledgeable and motivated to help us continue to build on the strength of our business. With her on board we are able to take a more enhanced approach to the complex and ever-changing financial services market."
She is a graduate of UMass Dartmouth and received her Juris Doctor degree from Southern New England School of Law. Azar-Kenyon is the author of two books, "With Loving Hands," a recipe storybook of Middle Eastern food, and "Make Your Heart Sing" -- a children's story, coloring and activity book designed to foster an encourage children to do good in their communities.
"Family and community are the two most important things to me and both of these books celebrate that," said Azar-Kenyon, who lives in Dartmouth with her husband Dr. Louis P. Kenyon.
In her spare time, she is active in her community and supports many causes, enjoys golf, kayaking and going to the beach.
Bank recognized for support of Falmouth park
A park is beginning to take shape on a 10-acre site on a busy stretch of Teaticket Highway in Falmouth.
Spearheaded by the Falmouth 300 Committee Land Trust, and supported by individuals and businesses, including Bank of Cape Cod, the site of the former Joe’s Driving Range is showing signs of new life as work progresses. It is expected the next phase of the project, plantings and an improved streetscape, will be complete by spring.
“It’s really amazing to see things coming together and what a difference it will make to have a park in that very busy part of town,” said Jessica Erickson Whritenour, administrator for the land trust. “We are getting very close and things are moving along.”
Whritenour on Monday presented a plaque to Bank of Cape Cod for its leadership in providing needed funds early on in the project. A donation from the bank will make it possible to improve the streetscape with trees and plantings. She recognized the bank as a Teaticket Park Business Partner. Kelly Monahan Benway, business development officer in the Falmouth branch, and Mark Skala, director of marketing and community relations, accepted the plaque on behalf of Bank of Cape Cod.
“Bank of Cape Cod is recognized for supporting permanently protected open space in the heart of our community,” the plaque reads.
The land trust purchased the property for $1.65 million in December of 2011 and immediately began fundraising for the needed $600,000 to create the park. In late spring last year, when Bank of Cape Cod opened its Falmouth branch at 445 Main St, the bank decided to partner with the group and make a significant donation to the effort.
“As the local bank, we understand the role we must play in being a good neighbor and community partner and we appreciate the effort being made to improve the area by creating what will be a beautiful park,” Timothy T. Telman, President and CEO, said at the time. “We are very pleased to play a small part in making this park a reality.”
To date, Whritenour said the land trust has raised nearly $440,000 for the park’s creation and expects by April there will be pathways, a park entry, trees and plantings to improve the streetscape. She expects that part of the project to go out to bid shortly.
“We can’t wait for people to start using the space,” Whritenour said. “Already, with the excavating we’ve done and other work, you really get a sense of the magnitude of the property and you can see where the wetland is much more visible.”
The park will feature walking trails, a picnic grove, a boardwalk and observation platform and benches in an area most consider to be the mostly densely developed village in Falmouth.
Whritenour said she is grateful to the bank, other businesses and many individuals who “took the leap of faith” with the land trust. “We have never done a project to this degree before and we continue to look for donations and in-kind support to make this a green space for everyone to enjoy. Support of the business community is essential to getting this built and moving forward.”
To learn more about the project, visit the land trust’s website at 300committee.org
Bank exhibit showcases camera club photos
There's nothing quite like seeing the view from high above Cape Cod. The vistas have been the source of inspiration for Falmouth photographer Sherry Martin for quite some time.
Her photos, capturing such a unique perspective of the Cape, are part of a new exhibit of work on display at Bank of Cape Cod's Falmouth branch at 445 Main Street. Martin and several other photographers from the Upper Cape Camera Club are showing their work at the bank's branch as part of Bank of Cape Cod's ongoing commitment to use the space for local artists. This is the third exhibit since October.
"When the branch opened in May after extensive renovations to the building, we realized we had these wonderful walls where we could showcase the talents of our community," said Mark Skala, director of marketing and community relations for Bank of Cape Cod. "The latest exhibit has pretty perspectives and unique views of the Cape, from Falmouth all the way to Provincetown. We are so pleased to be able to highlight the work of these talented people. Suzy Bergman at the Falmouth Artists Guild has been instrumental in helping to coordinate our exhibits.”
Bank of Cape Cod will be hosting a reception for the current exhibit on Thursday, Feb. 7, from 5-7 p.m. at the Falmouth branch. The public is invited.
In addition to Martin's work, the exhibit includes photography from Barbara Hecker, Henry and Mary Lou Ricci, Kathy Pett Ryman and Milt Williamson. Martin provides the aerial photos and others provide landscapes of Quissett Harbor, Gray's Beach in Yarmouthport and other scenic locations.
Martin, who serves as president of the club, at one time was a photographer for the Boston Globe before she bought her own newspaper in the Boston suburb of Acton. She credits her love and interest in photography to her father, who provided her with her first camera, a Brownie Hawkeye. She particularly loves aerial photography.
"It is a lot of fun up there," the grandmother said. "The light up there is so bright. I have a friend who takes me up in their small plane and have taken the photos over a six-year period."
The camera club has about 50 members from mostly the Upper Cape and meets regularly to exchange ideas, provide education and insights, and to have "a little fun" with competitions, Martin said. She notes membership has a range from beginners to professionals.
Charitable giving at Bank of Cape Cod
Contributing to the well-being of our Cape Cod community is an important priority at Bank of Cape Cod. The bank provides financial support to many local organizations and groups, and continually looks for ways to help worthy causes that have a meaningful impact in the community. Bank of Cape Cod also encourages and supports its team members in their efforts to give back to the community with their time and talents.
Bank of Cape Cod supports health and human service programs, arts and culture, youth and education as well as several other programs and organizations. Some of the organizations include A Baby Center, Hyannis; Falmouth Service Center; Salvation Army; JFK Hyannis Museum; Cape Cod Times Needy Fund; Falmouth 300 Land Trust; Falmouth Artists Guild; Arts Foundation of Cape Cod; Osterville Village Library; CapeAbilities; United Way; Osterville Rotary Club; Historic Highfield Hall; Cape Cod Healthcare; Cape Cod Community College; and Independence House, Hyannis.
We welcome requests from groups and organizations within the Bank of Cape Cod geographic footprint. Given the volume of requests, however, Bank of Cape Cod cannot meet all the financial demands. Any requests should be in writing and clearly state the purpose of the request, the amount and how the donation will benefit the community or organization being served. All requests should be received at least one month in advance of an event or when funding is needed.
Requests should be sent to Mark Skala, director of marketing and community relations, Bank of Cape Cod, 232 Main St., Hyannis, MA 02601, or by email email@example.com. You may also contact him for further information or assistance.
Women's health focus of bank-sponsored forum
Bank of Cape Cod is pleased to be joining forces with Cape Cod Healthcare Foundation in presenting the Women's Health Forum 2013 on Feb. 7 in Falmouth.
The Women's Health Forum is an ongoing education program provided by Cape Cod Healthcare Foundation and Bank of Cape Cod is serving as sponsor for the winter luncheon at The Coonamessett Inn. The theme of the winter segment is "For Your Eyes Only -- Common Vision Problems and Treatments" and will be presented by Dr. Michael Oats.
Dr. Oats is a specialist in refractive surgery as well as glaucoma and cataract diseases at Cape Cod Eye, with Ophthalmic Consultants of Boston, in Sandwich and at Falmouth Hospital. He will share his expertise in treatment of common vision problems as well as innovations in laser and surgical care.
"All health issues, things we can do to improve and enhance our well being are important to Cape Cod, especially as we see Baby Boomers aging," said Timothy T. Telman, President and CEO of Bank of Cape Cod. "Whatever we can do at the bank to help educate and engage the community about healthy living makes good sense. We are pleased to be partnering with Cape Cod Healthcare Foundation."
Chris O'Connor, President of Cape Cod Healthcare Foundation stated, "We are pleased to have the opportunity to partner with Bank of Cape Cod. We thank them for their support of Cape Cod Healthcare and generosity in sponsoring our next Women's Health Forum."
The forum will include lunch at noon, followed by Dr. Oats' presentation. The cost is $25. To register, contact Rhonda Veugen by email at firstname.lastname@example.org
Bank of Cape Cod hosts Falmouth chamber event
Bank of Cape Cod closed out 2012 in style in Falmouth on Dec. 20, serving as host for the final Falmouth Chamber of Commerce Business After Hours at Historic Highfield Hall.
More than 125 chamber members and guests attended the event, which also included a raffle drawing with proceeds benefitting the Falmouth Service Center. Non-perishable items were also donated by chamber members and guests at the event.
Those in attendance were particularly impressed with the resplendent holiday decorations at Highfield Hall. “This is always one of the
most well-attended Business After Hours of the year and we are always thrilled to have Highfield Hall serve as the venue,” said Jay Zavala, chamber president.
“We are also so grateful to Bank of Cape Cod for being tonight’s host and providing food from Eat Your Heart Out catering and beverages from John’s Liquors. We love when all of our chamber businesses are supported at these events,” he added.
Timothy T. Telman, President and CEO of Bank of Cape Cod, welcomed the crowd and said the bank was pleased to be the evening’s sponsor. Telman noted since Bank of Cape Cod opened its Falmouth branch in May 2012, it has received a warm welcome from businesses and the community at large.
“As we began to create our own niche in the community, we naturally partnered with the chamber of commerce and are pleased to say we
developed an excellent relationship with Highfield Hall, this lovely venue we utilize tonight,” Telman noted in his remarks. “It is through these and other business and community partnerships that Bank of Cape Cod is establishing a footprint in town, and a reputation as a truly local bank committed to the businesses, people and communities we serve.”
“Our bank was formed in 2006 with one branch in Hyannis, a second added in 2009 in Osterville and this year in Falmouth. Our plan has
always been for smart, strategic growth and we are poised for continued expansion. We make every effort to do our part to enhance the Cape economy, by helping fund loans for local businesses and creating our own jobs at the bank in the process,” Telman added.
He said it has been a rewarding endeavor in Falmouth and “we look forward to continued growth and partnerships in town.”
Christopher Merrill promoted
Timothy T. Telman, President and CEO of Bank of Cape Cod, has announced the promotion for Christopher Merrill to assistant vice president and assistant credit officer. Merrill joined the bank in July 2011 and has been part of the commercial lending and credit teams.
In his new role, he will assist Patricia Coffey, senior vice president and senior credit officer, in preparing all analyses on new commercial loans and managing the existing portfolio. He will also serve as a mentor to junior credit analysts. Prior to joining Bank of Cape Cod, he was a lead credit analyst and a senior internal control analyst with the Massachusetts Development Finance Agency and an audit associate at PrcewaterhouseCoopers.
Merrill and his wife live in Plymouth with their two children.
Bowers promoted at bank
Timothy T. Telman, President and CEO of Bank of Cape Cod, announced that Nicole Bowers has been promoted to credit analyst. She joined the bank in 2007 as a commercial loan administrator. In her new role, Bowers performs risk assessment analysis on new and existing commercial loan customers, and assists with various reporting and underwriting functions. In her new role, she also prepares relationship summaries, completes industry analyses and compiles peer comparatives. She will also complete annual reviews and loan renewals for existing credit.
Bowers is a resident of Yarmouth, the mother of two young daughters and is an accomplished potter.
Bank of Cape Cod donates to charities
Bank of Cape Cod hosted a successful Facebook campaign during the month of November to increase "likes" on the bank's page. For each new "like" recorded during that time, $5 was donated with the total proceeds split among three local charities.
As a result, Bank of Cape Cod presented donations this week to the Salvation Army, the Cape Cod Times Needy Fund and the Falmouth Service Center. In addition to proceeds from the Facebook campaign, Bank of Cape Cod presented its annual donation to the Needy Fund, with the two totaling $1,000. Falmouth Service Center and the Salvation Army each received checks in the amount of $400.
Captain Katherine Corno of the Salvation Army said her organization is grateful to the bank as all donations are needed this time of year in particular. The Salvation Army headquarters on North Street in Hyannis has been abuzz these last several weeks as the organization looks to provide Christmas gifts and food to those most in need on Cape Cod. As part of its Dress A Live Doll campaign, the Salvation Army will have Christmas gifts for more than 1,000 needy children on Cape this holiday season.
Betsey Sethares, executive director of the Cape Cod Times Needy Fund, said the fund provides emergency assistance for basic human needs for temporary financial hardships.
"Our goal is to ensure that a one-time hardship does not spiral into a long-term financial disaster," Sethares said. "We have seen a 16 percent increase in the need for our services so far this year. We are assisting an ever-growing population of families who were previously able to afford basic needs and are no longer able to do so. For many, this is the first time they are in this situation and they are dealing with feelings of shame and helplessness in addition to the lack of resources."
Brenda Swain, executive director of the Falmouth Service Center, also expressed gratitude for the donation. Her organization's mission is to "ease stress, reduce hunger and improve the quality of life for our neighbors in need. The Falmouth Service Center works to increase self-sufficiency by helping to build networks among clients, neighbors and agencies."
"We are so pleased to be able to assist these organizations, like so many others we support in the community throughout the year," said Timothy T. Telman, President and CEO of Bank of Cape Cod. "We understand our role in the community is to help support those in need, and be as generous as we can with the time and talent of our bank team, and our financial resources. This time of year it is particularly gratifying, but something we do all year long."
Branch exhibit features Falmouth flair
What started out as an exercise in critiquing each other’s work, has turned into a collaborative photo exhibit between two camera clubs from Falmouth, Mass. and Falmouth, England.
The photos, featuring iconic images of Falmouth and stunning sunsets and seascapes from Falmouth England, are currently on display at Bank of Cape Cod’s Falmouth branch at 445 Main Street. The exhibit involves more than 50 photographers from the two Falmouths as they showcase their seaside communities. Members of the Upper Cape Camera Club provided the local images, and Suzy Bergman, executive director of the Falmouth Artists Guild, coordinated the exhibit.
Sherry Martin, president of the camera club, said she was first approached by a Falmouth, England camera club about critiquing each other’s work. Emails were exchanged and before long the idea blossomed into a shared photo exhibit.
“The secretary of the English club contacted me and we expanded the idea from there,” said Martin, who as a young girl had a shared interest in photography with her father and has taken photos all her life. “I’m so pleased with how it all came together. Suzy (Bergman) offered to put the exhibit together and it first appeared at the Falmouth Art Center. We are all thrilled with the end result.”
Martin, who at one time was a journalist and newspaper editor in suburban Boston, said the English club was meeting Dec. 6 to discuss ways they might be able to share in the exhibit. “I’m not sure where it will end up, but they are talking about it as we speak,” she said.
The images include stunning sunsets, beach scenes, lighthouses and all things nautical. The exhibit also includes nature and animal photos. All are welcome to stop by the Falmouth branch of Bank of Cape Cod from 8:30-5 Mondays through Fridays and 8:30-noon on Saturdays to check out the exhibit.
“It is very impressive and the staff in Falmouth was delighted to see the walls come to life with these stunning images,” said Mark Skala, director of marketing and community relations at Bank of Cape Cod.
The bank is working with the Falmouth Artists Guild on a series of different exhibits at the Falmouth branch – this is the second collaboration. The bank installed a gallery hanging system so the guild can make full use of the wall space. “It’s a great collaboration and a terrific way to promote the arts,” Skala added.
Bank joins in Falmouth parade festivities
Falmouth kicked off the holiday season Sunday in grand style with the community's 49th annual Christmas parade.
Marching bands, floats, veterans, political leaders including state Senate President Therese Muray and Congressman William Keating, along with numerous businesses and community groups showed their holiday spirit as they marched along the parade route. Thousands of people lined Main Street as mild temperatures made it conducive for outdoor activity.
Bank of Cape Cod's Falmouth branch at 445 Main Street was in the heart of the activity and bank associates provided complimentary chowder, popcorn and hot dogs to parade-goers. Bank of Cape Cod opened the Falmouth branch in May so this marked its first official parade. Many of the branch's neighbors stopped by with praise for the renovation efforts at what had been a vacant building for several years.
Residents and visitors to town enjoyed the hot chowder prepared for the bank by Eat Your Heart Out caterers of Falmouth. Kelly Benway, business development officer at the Falmouth branch and a long-time Falmouth resident, said she was thrilled to have the bank in such a visible location, particularly for the parade.
"This is a great tradition for families and residents, and I think Bank of Cape Cod started a new tradition this year," Benway said. "Families plan their schedules around the parade. We were thrilled with the reception the bank received Sunday."
Joining Benway from Bank of Cape Cod were Tracy Buckley-Scott, vice president of retail banking, and Mark Skala, director of marketing and community relations.
Jay Zavala, president of the Falmouth chamber, said the weather always plays a big part in turnout. "From marching the parade route, it was clear the turnout was exceptional this year. We are so appreciative of the bank's participation in such a highly visible location, and to all of our businesses who come together for the good of the community."
Zavala said the parade committee is already at work on next year's parade -- marking its 50th year.
Sharing the spirit of the season
The spirit of giving was on full display at Bank of Cape Cod Thursday as employees wrapped gifts for the Salvation Army's annual Dress A Live Doll campaign.
Bank of Cape Cod associates donated items to "dress" three children this year -- the seventh year the bank has participated in the program. Salvation Army officials in Hyannis provided the bank with the needs of three children, two boys and a girl, and their wish lists. In total, the Salvation Army expects the program will serve some 1,000 needy children on Cape this holiday season.
"People sign up and shop for specific items based on what the Salvation Army provides to us and then we always have a wrapping party where we serve pizza and get in the spirit of the season," said Lee Ann Hesse, vice president of human resources and marketing at the bank.
A number of organizations, from Cape Cod Hospital to Cape Cod Community College to private businesses, participate in the program, Salvation Army officials said. The organization counts on the generosity of the Cape community to make sure it can help as many children as possible.
"The success of this program depends on the continued interest and support of caring individuals, businesses and organizations to 'adopt' a child at Christmas time," Captain Cynthia Brown noted in a letter to supporters. She said the program has provided many children on Cape with "much-needed new clothing from top to bottom, inside and out."
Bank of Cape Cod employees donated and wrapped hats, mittens, coats, sleepwear, clothes, games, books and stocking stuffers.
Giving thanks at Bank of Cape Cod
Bank of Cape Cod President and CEO Timothy T. Telman presented bank employees with turkeys to show his appreciation and thanks for their hard work throughout the year.
Telman presented each employee with a 14 to 16-pound fresh turkey on Tuesday. A number of the employees then turned around and asked Telman to donate the turkeys to a worthwhile organization in need. Bank of Cape Cod chose the Salvation Army in Hyannis, which assists many Cape Codders year-round but most especially at the holidays.
"I'm so thankful for all of the associates at Bank of Cape Cod who all work tirelessly on behalf of our customers, board of directors and shareholders," Telman said. "This is one small way of acknowledging all they do on behalf of the bank and the community at large."
Telman said he was touched by those individuals who asked that their turkeys be donated.
Salvation Army officials said they were very grateful for the turkeys and they would go a long way in helping people. Captain Cynthia Brown said the turkeys would either be given as part of a holiday basket to needy families or may be cooked as part of the Salvation Army's Thanksgiving dinner, which serves more than 100 people.
"Nothing goes to waste around here," Capt. Brown said in accepting the donation from Telman.
Bank of Cape Cod is also making the Salvation Army one of the recipients of its Facebook campaign. For each new like Bank of Cape Cod's Facebook page receives in November, the bank will donate $5 with the total at the end being shared among the Salvation Army, Falmouth Service Center and Cape Cod Times Needy Fund. To like the bank's page, simply log on to facebook.com/bankofcapecod. While there, you can also view a photo gallery of Telman's turkey distribution to employees.
Bank of Cape Cod completes pledge to Osterville Library
It truly does take a village. That is the sentiment that continues to echo throughout the new Osterville Village Library.
Gleaming meeting rooms, full book stacks and state-of-the-art technology are all testament to the hard work and countless hours spent fundraising, planning and envisioning a new library for the village.
Bank of Cape Cod is proud to be supporting its neighbor in Osterville and this week presented a check to Library Director Lee Ann Amend for its final commitment in the bank's capital campaign pledge.
"We are so grateful for this and the efforts of so many," Amend noted as she accepted the check from Bank of Cape Cod associates Lissy Perna, Lauren Connolly and Haydee Delhomme. She noted the money has already been spent and was well used to create the $4.5 million building project. The new library opened in April and was officially dedicated in June.
At the dedication ceremony, library trustee president Gail Nightengale pointed out the new facility "was a long time coming. Everyone gave so much extra effort and this was built completely with private donations, no state or federal funds."
This week, Timothy T. Telman, President and CEO of Bank of Cape Cod, said the bank is delighted to have played a small part in this "important community resource." Bank of Cape Cod, he said, provided funding over a three-year period as part of the capital campaign.
Osterville Village Library is just one of the many groups and organizations supported by Bank of Cape Cod through donations, as well as time and talent from the bank team.
"The money, of course, is key but it is also about encouraging our employees to be active participants in community and civic groups," Telman said, noting that Tracy Buckley Scott, vice president for retail banking at Bank of Cape Cod, provided countless volunteer hours to the library as a member of the board of trustees.
Bank of Cape Cod, SEED assist local businesses in job creation
Bank of Cape Cod and the South Eastern Economic Development (SEED) Corporation recently partnered to close on several loans to Cape Cod businesses.
SEED, a non-profit economic development organization making loans to small businesses, and Bank of Cape Cod provided funding to Building Blocks of Barnstable. The loan allowed Building Blocks to purchase a building at 546 Phinney's Lane in Centerville for a day care center. The expansion, according to a press release from SEED, will create five new jobs. Mark Sexton, executive vice president and chief lending officer at Bank of Cape Cod, and Anne Trevisani of SEED worked together on the project.
"I am very grateful to SEED for giving me the opportunity to purchase the building for my child care center," said Elia Desrocher, owner of Building Blocks of Barnstable. She said working with SEED and Bank of Cape Cod "was an extremely positive and enjoyable experience."
Founded in 2006, Building Blocks provides infant to school-age child day care services.
Bank of Cape Cod also worked with SEED to close on a loan for working capital to the Yarmouthport Village Store on Route 6A. The project, according to SEED, will create four new jobs. The store offers beer, wine spirits, basic groceries, penny candy and snacks. Charles DeSimone, senior vice president and commercial lending officer at Bank of Cape Cod, and Lisa Holmes of SEED worked on the project.
In addition to SEED, Bank of Cape Cod works with other community capital organizations in an effort to assist small businesses with their lending needs.
Falmouth Artists Guild, Bank collaborate on new exhibit
Artists Kate Aubrey, Adele Huestis, and Bill Adelman are among those whose artwork is currently on display at Bank of Cape Cod’s Falmouth branch at 445 Main St.
Their work, along with that of Ruth Leech, Ed Gordon, Martha Payne and Marilyn Rusinski, is part of a new exhibit showcasing the talents of members of the Falmouth Artists Guild. The Guild and Bank of Cape Cod have partnered to provide artists with more exposure with customers and visitors to the bank’s Falmouth branch, which opened in late May.
The artists are members of the guild’s Friday Figure Club. The exhibit is the first in a series which will be featured at the bank, working with the Artists Guild and executive director Suzy Bergman.
“We had this newly renovated facility in Falmouth and thought this was a creative way to partner with the community’s local artists,” said Timothy T. Telman, President and CEO of Bank of Cape Cod. “We are promoting an integral organization in Falmouth and get beautiful art for our walls. It’s a win-win. We are so grateful to Suzy Bergman for her efforts in making this happen.”
Bank of Cape Cod installed a gallery hanging system expressly for the exhibits. The hanging system allows for greater flexibility in the size and location of art placement.
To celebrate the new exhibit, Bank of Cape Cod will be hosting a reception for the artists and the community on Thursday, Oct. 25 at 5 p.m. at the Falmouth branch. Community members are encouraged to come view the art and enjoy refreshments.
The bank is also partnering with the Cape Cod Conservatory, as students from the Conservatory will provide musical entertainment at the reception.
“The arts are such an important part of who were are on Cape, and this partnership allows us to celebrate the arts in a new way,” said Telman.
Bank of Cape Cod now on Facebook
You can now find Bank of Cape Cod on Facebook. Bank of Cape Cod's Facebook page is the latest foray into Social Media and one more way for the bank to connect with customers, friends and business associates.
Once you find us on Facebook, simply "Like" us and you will stay connected with the latest, exciting things happening at Bank of Cape Cod. The page also features a number of posts and pictures about the bank's role with community and non-profit groups as well as chamber and business associations. The page also features a number of photo albums, including the celebration marking the expansion of Bank of Cape Cod to Falmouth, and the ribbon-cutting ceremony for the branch opening at 445 Main Street, Falmouth.
Check out our fun Cape Cod trivia. Lots of Facebook fans are already enjoying our regular trivia questions testing your knowledge of Cape Cod.
Bank of Cape Cod sponsors Hyannis Area Chamber dinner
Bank of Cape Cod was the supporting sponsor for this year's Hyannis Area Chamber of Commerce annual dinner and meeting. The 30th annual dinner and meeting included the awarding of honors to a number of businesses and business leaders.
Ian and Heidi Parent, owners of La Petite France Cafe on Main Street in Hyannis, were presented with the smal lbusiness of the year award. Dowling & O'Neil Insurance Company, represented by co-owners Mark McCartin and Rob Miller, received the business of the year award for large business.
Doreen Bilezikian, former owner of the Christmas Tree Shops, received the Patrick M. Butler Citizen of the Year award. Steve Luciani, owner of Coachlight Carpets in Centerville, received the Henry C. Farnham Unsung Hero award and Rebecca Pierce received the John F. Kennedy, Jr. Community Service award.
More than 300 people attended the dinner at the Cape Codder Resort. "We were very pleased to partner with the chamber to help sponsor this exceptional evening that honors so many deserving people who not only are excellent business leaders, but are community leaders as well," said Timothy T. Telman, President and CEO of Bank of Cape Cod.
Bank of Cape Cod offers free marketing seminars
In this ever-changing digital and print world, how to best market your business, company or non-profit changes like the tide. Bank of Cape Cod will be offering free “Marketing You Can Bank On” seminars in an effort to help businesses and organizations learn practical tips and advice from two experts in the field.
Heather Jackson, president of action/marketing at Hammerhead Creatives and authorized local expert for Constant Contact, and Mark Skala, director of marketing and community relations at Bank of Cape Cod, will lead the three-part seminars focusing on social media, e-newsletters and increasing your company’s visibility by managing your media exposure.
The first series of seminars will be held in Hyannis at Bank of Cape Cod headquarters at 232 Main St., on Oct. 10, 17, and 24 from 8:30 a.m. to 10 a.m.; and in Osterville on Oct. 11, 18, and 25 from 9 a.m. to 10:30 at the Osterville Village Library. The seminars will also be conducted in Falmouth at Historic Highfield Hall on Oct. 23, 30 and Nov. 6.
“If there is one consistent message I am hearing from many, many small businesses and non-profits it is how to best market in today’s changing environment,” said Skala, who prior to joining the bank in June spent 25 years in the print and on-line publishing business. “It often is not an area business leaders and non-profit executive directors are comfortable with and wonder how to get it done without spending a lot of money. Through these seminars we hope to provide some insights and useful information.”
Seminars are free and open to businesses and non-profits, but space is limited. To sign up, click on the following links:
Coffee and light breakfast items will be served.
Bank participates in Day of Caring
Associates from Bank of Cape Cod joined dozens of business leaders across the Cape deployed to assist non-profit organizations as part of the Cape and Islands United Way's annual Day of Caring.
The Day of Caring was established in 1992 by the United Way to promote the spirit and value of volunteerism, and increase awareness for health and human service agencies. More than 100 volunteers fanned out across the Cape on Wednesday, Sept. 12, assisting dozens of non-profit agencies with numerous community service projects.
Two teams from Bank of Cape Cod volunteered their services. One group assisted A Baby Center in Hyannis, sorting and organizing clothes for the organization that serves children from newborn to three years old from low-income families. The other team raked and did yard work at the Edward Flynn House in Falmouth, operated by the Falmouth Housing Trust.
"As a local, community bank, we understand that being a good citizen is more than just writing a check," said Mark Skala, director of marketing and community relations at the bank. "It's about offering your time and talent to organizations in need."
Mark Sexton Rides for Charity, Plans to Participate in 62-Mile Last Gasp Race
When a friend had to back out of last year’s Last Gasp 62-mile bike ride for charity, Mark Sexton jumped in to help out. The only problem – he hadn’t been on a bike in 20 years.
But it proved to be a minor issue for the athletic and competitive Sexton, a resident of Hyannis and the executive vice president at Bank of Cape Cod. His wife Mary Ellen was waiting for him as he crossed the finish line about four hours after the start. “She kept telling people, ‘he will definitely finish’ and had faith in me,” Sexton recalled.
This year he isn’t taking any chances. As he prepares to ride in the 21st annual charity event on Sept. 16, Sexton will have at least logged several weeks’ worth of training. His goals again this year are simple: finish the race and raise some money for worthwhile charities.
The event includes the bike ride from Sandwich to Provincetown, a boat cruise on Cape Cod Bay and clambake at the American Legion in Sandwich. All proceeds benefit various charities, including Cape and Islands United Way, Champ Homes and Cultural Center of Cape Cod, to name a few.
“It’s a personal challenge for me,” said Sexton, who is a competitive sailor at the Hyannis Yacht Club and a member of an over-50 men’s hockey club. “My wife Mary Ellen is doing it this year for the first time as well. (Hyannis attorney) Phil Boudreau got me going on this. We’re riding with friends so we’ll be helping some great charities and enjoying some camaraderie as well.”
Sexton has been riding daily recently, through Hyannis into the hills of Hyannisport, along Craigville Beach Road and in and around Centerville. He tries to increase his mileage with each outing and his first long ride (40 miles) as part of the training took him to Wellfleet and back.
The father of three grown sons says his boys are proud of him and he hopes in some small way to set a good example for them. “They think it is pretty cool to take on this challenge,” he added.
Just a few days after signing up and getting the word out, Sexton said the response to his fundraising call had been successful so far.
“It’s been uplifting,” said Sexton. “I’ve reached out to friends, and to customers of Bank of Cape Cod I do business with and everyone has been very supportive and generous. Bank of Cape Cod is also generously supporting the effort.”
If you are interested in supporting Mark or Mary Ellen Sexton, you can log on to to their website, find the Last Gasp event and click on donation where you will be given a list of riders to select from. You can also drop off any donation in support of the Sextons to Bank of Cape Cod, 232 Main St., Hyannis.
Robert B. Kinlin Elected to Board of Directors
Bank of Cape Cod President and CEO Timothy T. Telman has announced that Robert B. Kinlin, president and co-founder of Robert Paul Properties, was elected to the Board of Directors of the bank as well as the bank’s holding company, New England Bancorp, Inc.
His election took place during the board’s July meeting. An Osterville resident, Kinlin has more than 30 years of experience in the real estate industry and is recognized as a leader in sales of luxury and waterfront properties on Cape Cod.
“Bob’s business experience, combined with his community involvement, make him a terrific addition to our talented board,” said Telman. “As we continue to explore new opportunities for growth in the market, Bob’s knowledge and expertise will provide invaluable insight.”
In 2009, Kinlin co-founded Robert Paul Properties to serve Cape Cod, the Islands and South Coast of Massachusetts. Previously, he co-founded Kinlin Grover Real Estate in 1994. He is a member of the Cape Cod and Islands Association of Realtors, Massachusetts Association of Realtors, and the National Association of Realtors.
Kinlin and his wife, Ellen, raised four children. He is involved in many educational and charitable associations including Cystic Fibrosis Foundation, Cape Cod Academy, Boston College and is a board member for National Alliance on Mental Health-Cape Cod.
Bank of Cape Cod Team Raises $5,000 for Dana-Farber
The spotlight may have been on the elite athletes participating in Sunday’s Falmouth Road Race, but that didn’t matter to the Bank of Cape Cod team running for Dana-Farber.
They were all thrilled to finish the 7-mile seaside course and more pleased to raise nearly $5,000 for the cancer research hospital. Led by Kelly Monahan Benway, business development officer at Bank of Cape Cod, the team wasn’t so much focused on where they placed in their division but rather on the camaraderie and fundraising.
“We had a great time and there was an incredible sense of energy,” said Benway, who organized the team in honor of her now healthy seven-year-old son CJ, who at six months old battled cancer. “It was awesome to see so many people running for charities.”
Benway, competing in her 20th Falmouth Road Race, was joined on the running team by family members and friends from Falmouth who supported her throughout CJ’s medical ordeal. She said the entire team was overwhelmed by the response from the community and amount of donations.
They were also impressed, Benway said, with all the volunteers and the crowds who helped cheer on the more than 10,000 runners. “It was so well organized. It was a real community event even though there are so many runners and is an event that attracts people from all over the world (A Kenyan man and Kenyan woman won their divisions).”
The spirit of community was particularly evident, she said, by the magnitude of donations received for Team Bank of Cape Cod. Though her team goal is $5,000, they are still accepting donations through a link on Bank of Cape Cod’s website.
“It meant so much to me personally. I hadn’t been fundraising since CJ was sick and didn’t know what the response would be,” Benway said. “It is pretty overwhelming.”
Donations can also still be dropped off at Bank of Cape Cod’s Falmouth branch at 445 Main St. For further information, contact Mark Skala, director of marketing and community relations.
Bank of Cape Cod Team Runs Falmouth Road Race for Dana-Farber
Kelly Monahan Benway, business development officer at Bank of Cape Cod, isn’t concerned about the hills, heat or international field of competitors at this year’s Falmouth Road Race on Aug. 12. As a young mother, she faced even more difficult odds when her son CJ was diagnosed with cancer at six months old.
“That was such a painful diagnosis to hear at the time,” Kelly said. “But thanks to a great team of doctors and incredible medical care CJ is a healthy, happy 7-year-old.”
It will be in CJ’s honor that Kelly and members of her Team Bank of Cape Cod will run Falmouth to benefit the Dana-Farber Cancer Institute. “After many surgeries and chemotherapy, CJ is doing so well and this is a way to say thanks to Dana-Farber and at the same time keep the momentum going to raise funds so research can continue for cancer therapies,” Kelly said.
Kelly and her team are also motivated by those who weren’t as lucky as CJ. “It seems like everyone has lost a loved one to cancer. I believe supporting Dana-Farber is a way to honor our friends that did not survive.”
Kelly has been in training for the 40th running of Falmouth and is a regular runner. But, she admits, her goal is to run slow and have fun. She follows in her father’s footsteps in the running department – he was a successful competitive runner and brought her to his races. “We would participate in the fun runs. I started running in earnest when I was 18.”
As for the seven-mile seaside course, it should be old hat for Kelly since her first Falmouth was during college. And she won’t be running alone. Her Bank of Cape Cod Team includes her sister, Molly Kelleher; her brother John Monahan; sister-in-law Lauran Keenan; and friends Holly and Mike Harney, Kim Carchidi, Jeff Griesbauer and Ellen Crowley.
Click here to donate to Dana-Farber. You can also donate at the Falmouth branch, 445 Main St. or contact the branch for more information 508-444-1610.
Meet Kelly Monahan Benway - Business Development Officer
Kelly Monahan Benway has joined Bank of Cape Cod as business development officer, president and CEO Timothy T. Telman announced.
Kelly is based out of Bank of Cape Cod’s Falmouth branch and is working with consumers and businesses to assist with their banking needs. She has lived in Falmouth for a number of years and is a graduate of Falmouth High School and the University of Massachusetts. Kelly has extensive experience in the financial services industry in Boston and on Cape Cod.
“Kelly’s experience and knowledge of the Falmouth community make her a perfect fit to partner with our customers and assist them with our extensive banking portfolio of prducts,” said Telman.
Kelly and her husband Eric Benway live in Falmouth with two sons, C.J. and Joseph. You can reach her at 508-444-1615 or by email email@example.com.
Mark A. Skala - New Director of Marketing and Community Relations
Mark Skala, a former media executive, has joined the bank team as the new director of marketing and community relations. Skala brings more than 25 years of media experience to the position. He most recently was publisher of GateHouse Media’s Cape Cod portfolio of newspapers and websites. He previously worked in a variety of publishing and management roles on the Cape and South Shore as reporter, managing editor and editor in chief.
Mark will partner with Lee Ann Hesse, the vice president of marketing and human resources, to expand the scope and reach of Bank of Cape Cod’s marketing program. He will also play an important role in assisting the bank in furthering its' relationships in the community, and working with the bank's nonprofit partners.
Mark is involved in a number of community and civic groups and currently serves as the board vice president for the Arts Foundation of Cape Cod. He can be reached at 508-568-2333 or by email, firstname.lastname@example.org.
Mark G. Sexton Promoted to Executive Vice President and Chief Lending Officer
Mr. Sexton serves as Executive Vice President and Chief Lending Officer of the Bank of Cape Cod. His 30 years of banking experience include expertise in originating new commercial loan and lease business. Prior to joining the Bank, Mark was a Vice President of Lending at The First National Bank of Boston and its successor, Fleet Bank, as well as at Eastern Bank and General Electric Capital Corporation. Mark is a life-long resident of Cape Cod and resides in Hyannis, Massachusetts. He joined the Bank as part of the original management team in 2006 and has been instrumental in the Bank’s growth and success.
Charles A. DeSimone Promoted to Senior Vice President of Commercial Lending
Charles A. DeSimone has been promoted to Senior Vice President of Commercial Lending at Bank of Cape Cod. Charlie's successful lending efforts have been a key component to the growth of the Bank's commercial lending portfolio over the past several years. His expertise and success lending to businesses throughout Cape Cod demonstrate his knowledge of the local market, his integrity and his outstanding relationships with clients. Charlie is highly experienced in community banking and is dedicated to providing the highest level of personal service to his clients.
Alec H. Petro Elected to Board of Directors
In 2002, Mr. Petro founded Fort Hill Capital Management based in Duxbury, Massachusetts as a quantitative proprietary hedge fund specializing in equity derivatives. In 2007 Mr. Petro co-founded Bay Hill Capital Management LLC, a $100 million Volatility Arbitrage Hedge Fund and presently manages Bay Hill’s day-to-day operations where he is Managing Partner. Fort Hill Capital is also a founding partner of Absolute Investment Advisers, a $3.3 billion absolute-return mutual fund. Mr. Petro is presently an Adjunct Professor in the Finance Department of Boston College where he teaches classes on Hedge Funds. He resides in Duxbury, Massachusetts.