American Banker Names Lisa Oliver as One of The Most Powerful Women to Watch

HYANNIS, Mass. (September 26, 2024) – Lisa Oliver, Chair, President and CEO of The Cooperative Bank of Cape Cod, has been named one of 2024’s The Most Powerful Women to Watch honorees by American Banker magazine. She was also named to the prestigious financial industry list in 2023.

Now in its 22nd 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.

“Keep your eyes on these women in the years ahead,” said Chana Schoenberger, Editor-in-Chief of American Banker. “They exemplify modern leadership, with significant contributions to both their businesses and the industry at large. It hasn’t been an easy year for banks and financial institutions, but progress continues — not by chance, but through the determined efforts of these women.”

In addition to leading The Coop to increases in net income, return on average assets and overall growth in total assets during a year when the global economic climate was less than robust, Oliver led a successful strategy to invest in digital tools and services to create a more client-supportive environment. She recruited a digital officer for the bank and enhanced and expanded banking and digital deposit account services across multiple channels. Oliver also focused on increasing cash management solutions and opportunities for business clients, expanding the bank’s fraud protection awareness efforts and elevating the organization’s enterprise risk management processes.

“I remain truly humbled and honored to be included among this extraordinary group of women who are making a profound impact on the nation’s banking industry,” said Oliver. “I must thank the entire team from the Coop for their support and tenacity in delivering exceptional banking products and superior customer service. I am also exceptionally proud of the Coop’s philanthropic efforts to help alleviate critical issues affecting our region and achieving our vision of transforming lives through the power of community banking.”

The honorees will be recognized at THE MOST POWERFUL WOMEN IN BANKING Gala on Oct. 24 at The Glasshouse in New York City.

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 $1.6B in assets and is a member of both the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF), guaranteeing 100% of deposit balances are insured in full.

The Coop delivers a robust suite of digital and traditional banking products for consumers and business owners including mobile and online banking, person-to-person payments, mortgages, and checking and savings accounts. The bank’s customized programs support businesses of all sizes, through a variety of business loans, cash management services, merchant card processing and payroll services.

Through The Cooperative Bank of Cape Cod Charitable Foundation Trust, the bank is a prominent philanthropic partner, providing more than $2 million in grant funding since 2018 to address the critical socioeconomic needs and challenges of the region. The Coop encourages its employees to become a powerful force for good through volunteerism in the communities where they live and work and was named a 2021,2022 and 2023 Top 100 Charitable Organization by the Boston Business Journal.

Headquartered in Hyannis, The Coop also operates nine full-service branch locations throughout Cape Cod and a mortgage office in Provincetown. For additional information, please visit www.thecooperativebankofcapecod.com,  www.facebook.com/mycapecodbank  or call 508-568-3400.