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Falmouth News

ARTICLE

Date ArticleType
3/17/2025 Member News

COOP's Aidan Sullivan Named 2024 Massachusetts Mortgage Bankers Association Rising Star of the Year

HYANNIS, Mass. (March 17, 2025) – Aidan Sullivan, Secondary Market Analyst at The Cooperative Bank of Cape Cod, has been named the 2024 Massachusetts Mortgage Bankers Association Rising Star of the Year.
The MMBA's Rising Star award recognizes young professionals under 35 who have less than 10 years of experience in the mortgage industry and demonstrate exceptional business success, community involvement, and professional leadership.

Sullivan has been a key member of The Cooperative Bank of Cape Cod’s Residential Lending team for five and a half years, beginning his career in loan processing and closings before transitioning into his current role as Secondary Market Analyst. In this capacity, he has played a critical role in optimizing the bank’s loan sale strategies, managing investor relationships, and improving revenue and net interest margin.

As Secondary Market Analyst, Sullivan’s responsibilities include pricing loans, analyzing market trends, issuing daily rate sheets, and strategically locking loans with investors such as Fannie Mae and Freddie Mac. Additionally, he has leveraged technology to enhance efficiency in the bank’s secondary market operations toward seamless loan delivery and compliance.

"Please join me in congratulating Aidan on this honor. He has excelled both independently and as part of a team, fostering a collaborative environment with our Sales and Operations teams," said Lisa Oliver, Chair, President, and CEO of The Cooperative Bank of Cape Cod. "His extensive knowledge of secondary markets and investors, along with his proactive approach in onboarding new investors, has exceeded our fiscal goals and management expectations."

About The Massachusetts Mortgage Bankers Association
Founded in 1976, the Massachusetts Mortgage Bankers Association is the largest mortgage association in New England and is recognized as one of the most successful in the country. The MMBA offers the most comprehensive member services to over 225 corporate members throughout the region, leading the mortgage industry through continued business development, which supports homeownership.
The MMBA achieves its mission through supplying information, providing representation, serving as a trusted commentator on public policy, providing and supporting educational training, advocating for the highest ethical standards and networking opportunities.
For more information, visit www.massmba.com.  

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.

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