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HYANNIS, Mass. (October 2, 2023) – Lisa Oliver, Chair, President and CEO of The Cooperative Bank of Cape Cod, has been named one of 2023’s The Most Powerful Women in Banking™ honorees by American Banker magazine. Now in its 21st year, American Banker’s The Most Powerful Women in Banking™ initiative recognizes individuals and teams for demonstrating exceptional leadership skills, strong business performance and a commitment to driving real outcomes for diversity, equity and inclusion in financial services. “These women represent so much more than world-class business acumen and inspirational leadership skills,” says Chana Schoenberger, Editor-in-Chief at American Banker. “They symbolize the perseverance it takes to create meaningful change, the commitment needed to build stronger communities, and the creativity that’s essential to drive the industry into a new age.” In addition to leading The Coop to increases in net income, return on average assets and overall growth in total assets during its most recent fiscal year, Oliver spearheaded a comprehensive communications campaign in the wake of banking industry turmoil to ensure customers that all deposits at The Coop were safe and secure regardless of balance. She also quickly pivoted the bank’s marketing and sales strategy from being loan-focused to deposit-focused to better serve its clients during a period of financial uncertainty. At Oliver’s direction, the bank’s philanthropic efforts during its fiscal year 2023 supported three of the region’s most critical issues – housing initiatives and solutions, social justice and racial equity. “I am proud and beyond humbled to be recognized with this prestigious honor from American Banker along with so many other accomplished and talented women who are making an indelible mark on the nation’s banking industry,” said Oliver. “I would not have received this honor without the support, hard work and camaraderie of the entire team at The Coop. The superior service they provide the bank’s clients and business customers allow the organization to excel at the highest level as a true community bank for the Cape Cod region.” This year’s honorees will be recognized at THE MOST POWERFUL WOMEN IN BANKING gala which takes place October 5th, 2023, at The Glasshouse in New York City. The gala is part of a week-long celebration which includes THE MOST POWERFUL WOMEN IN BANKING conference, which is open to all, on October 3-4th. About American Banker American Banker empowers banking professionals with unique analysis and insight into the ideas transforming their business and industry. Across its journalism, events, research and benchmarking, it helps drive the way forward through the complexity of business innovation, retail and commercial disruption, technology, regulation, and reform. With a banking community 850K strong, American Banker’s transformative content connects leaders online, in person and in print every day. About The Cooperative Bank of Cape Cod The Cooperative Bank of Cape Cod is an independent mutual community bank with more than $1.5B in assets and 170 employees. The Coop is a member of both the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF), which means 100% of deposit balances are insured in full. The Coop delivers a robust suite of digital and traditional banking products including mobile and online banking, person-to-person payments, business loans, mortgages, cash management, credit cards, merchant card transaction processing, payroll services and checking and savings accounts. The bank also offers dedicated staff and customized programs to support businesses of all sizes, a major driver of the regional economy, by offering products including construction loans, mortgage loans, lines of credit, term loans and time notes. Through The Cooperative Bank of Cape Cod Charitable Foundation Trust, the bank is a prominent philanthropic partner with local nonprofits addressing needs and challenges of the community and named a 2021and 2022 Top 100 Charitable Organization by the Boston Business Journal. Headquartered in Hyannis, The Coop also operates nine full-service branch locations throughout Cape Cod and a mortgage office in Provincetown. For additional information, please visit www.thecooperativebankofcapecod.com, www.facebook.com/mycapecodbank or call 508-568-3400.