September 8, 2021 | Press Release

Cape Ann Savings Selects COCC as New Core Partner

SOUTHINGTON, Conn. – COCC is excited to announce a new partnership as the core technology provider for Cape Ann Savings Bank. Cape Ann, a $775 million-asset bank headquartered in Gloucester, MA, serves its community with three branches and a network of ATMs in the area. The Bank chose COCC for its next-generation technology and also its cooperative structure and reputation for exceptional client service.

“COCC felt like the right fit for us,” said Marianne Smith, President at Cape Ann. “As an independent mutual savings bank serving our community, we felt like COCC was similar. Working with a client-owned technology provider like COCC is attractive to us.”

“We were looking for a partner to propel us into the future with technology to satisfy our entire customer base,” said Jennifer Orlando, Vice President/Marketing Officer at Cape Ann. “We felt that COCC’s online banking solutions looked like a great fit to attract new tech-savvy customers as well as featuring a user-friendly interface to serve our current customers.”

“Any time we can support a like-minded community bank with our technology and service, it is a partnership that we are excited about,” noted Richard A. Leone, Chief Executive Officer at COCC. “We are looking forward to delivering our next-generation technology to Cape Ann as they work to support their customers and grow their business.”

About Cape Ann Savings Bank
Cape Ann Savings Bank is a mutual savings bank, meaning we are owned by our depositors, not by stockholders. We intend to remain an independent, local community bank as we have been since 1846. We live in the community with you and have a highly trained and educated staff to serve your financial needs.

About COCC
COCC is an award-winning client-owned financial technology company servicing financial institutions throughout the Northeastern United States. Launched in 1967, COCC was founded by its clients. This unique cooperative structure has set COCC apart from the competition and is one of the driving forces behind their success. COCC is recognized as a leader in delivering innovation and the quality service financial institutions demand and deserve.

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