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As a community bank, Cape Cod 5 cares about your money and keeping it safe just as much as you do. All deposits with Cape Cod 5 are automatically insured by the FDIC up to $250,000 per depositor per account ownership category ? which covers the vast majority of our customers.
About Cape Cod 5 Founded in 1855, Cape Cod 5 is a community bank with over $5.5 billion in assets. Through its 26 locations, Cape Cod 5 offers a broad range of financial products and services to customers living and working on Cape Cod, Martha's Vineyard and Nantucket and in Southeastern Massachusetts communities.
We are proud to continue to serve the community banking needs of individuals and businesses on Cape Cod, the Islands and in Southeastern Massachusetts. Thank you for choosing Cape Cod 5 as your trusted financial partner.
A conversion merger is when a mutual institution simultaneously acquires a stock institution at the same time it completes a standard stock conversion. A mutual FSA may acquire another insured institution that is already in the stock form of ownership at the time of its stock conversion transaction.
As a mutual bank, Cape Cod 5 does not have outside shareholders.
Fidelity Bank and Cape Cod 5 parent companies to merge into $7B business. The parent companies of Fidelity Bank of Leominster and Cape Cod 5 in Hyannis have agreed to merge into a single holding company called Mutual Bancorp. The banks will continue to operate independently, under their current brands.