Business Products and Services

From Sweep Accounts to Night Deposit Services, Cape Cod Cooperative Bank provides a variety of other business services to make running your business easier.

eBusinessBanker

Convenient, Flexible and Efficient Online Business Cash Management Tool

Take control of your business cash management online with Cape Cod Cooperative Bank’s online banking and bill payment service, eBusiness Banker. Get up to the minute account information and perform a variety of your business banking activities with just a click of the mouse.

Tailor the service and fees you pay to meet your business cash management needs by selecting from a variety of eBusiness Banker features. Here is a sample list of features:

Review your account history on all your Cape Cod Cooperative Bank accounts
Review your cash position at any time, including balances, deposits, cleared checks and other transactions
Transfer funds between your Cape Cod Cooperative Bank accounts
Pay bills online
Check and view statements online
Transfer funds to or from another institution via ACH (Automated Clearing House)
Initiate and view stop payments
Initiate recurring domestic wire transfers
Make loan payments
Control the access authorized employees have to your accounts

Test Drive Our Online Demo of eBusinessBanker

Print out an Application and Agreement for eBusinessBanker

Sweep Accounts

Optimize the use of your daily operating cash

The Business Sweep Account is a simple, automatic way for a company to manage its cash position while earning higher returns on daily operating cash.

Key Advantages

Reduces the need to maintain idle balances in anticipation of checks clearing
Automates the transfer of investable funds without daily communication
Offers additional investment income while maintaining liquidity
Provides competitive investment return on otherwise un-investable funds
Funds in excess of the target balance are invested in an Overnight Repurchase Agreement* and are fully collateralized by government securities
A combined monthly statement will be provided detailing all transactions from the checking sweep account (the ordinary transaction account) and the investment sweep account (the overnight repurchase agreement account)

* Overnight Repurchase Agreements are secured obligations of the Bank. Any amounts placed in the Overnight Repurchase Agreement are not deposits of the Bank, are not insured by the FDIC and are not guaranteed in any way by the United States Goverment or any of its agencies.

Investment & Financial Services*

Financial services and alternative investment options

For those businesses that are looking for more sophisticated investment options, Cape Cod Financial Services*, is available to meet with you to discuss your financial goals and alternative investment vehicles including retirement and insurance options.

For more information, click here.

* Important Information: Investment products and services are offered through INFINEX INVESTMENTS, Inc. Member FINRA/SIPC. Insurance products are offered through Infinex Insurance Agency of Massachusetts, Inc. Cape Cod Financial Services is a trade name of the Bank. Infinex and the Bank are not affiliated. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.

Debit Business MasterMoney™ Card

Safer than cash, quicker than writing a check for you and your employees

Need to purchase office supplies or meet clients for dinner? Take along the Cape Cod Cooperative Bank Debit Business Card. You use it just like a check to make business purchases worldwide anywhere you see the MasterCard® logo.

Shopping with the Debit Business Card is:

Easy. Simply present the card and sign the receipt, Funds will automatically be deducted from your Cape Cod Cooperative business checking account

Fast. No need to write a check, show identification and wait for check approvals

Safe. Shopping with the Debit Business Card is safer than carrying cash

Affordable. You’ll have no monthly payments, annual fees, or finance charges

Simplifies Record Keeping. You will automatically receive a receipt and details of each transaction will automatically show up on your monthly Cape Cod Cooperative business checking account statement

Whether you are a one-person business or have many employees, the Cape Cod Cooperative Bank Debit Business Card allows you to control who has access to what in terms of your business checking funds and account information.

Individuals such as...	might need a...	because they can make...	...and perform these online banking transactions
Business Owner	Full Access Card	Withdrawals Transfers Account Inquiries (Balances, etc.) Purchases Deposits	Bill Payments Transfers Inquiries (Balances, history, etc.)
Office Manager or Bookeeper	Basic Banking Card	Transfers Account Inquiries (Balances, etc.) Purchases Deposits	Transfers Inquiries (Balances, history, etc.)
Salesperson or Administrative Assistant	Purchase/Inquiry Card	Account Inquiries (Balances, etc.) Purchases	Inquiries (Balances, history, etc.)
Office Runner	Deposit/Inquiry Card (ATM Card Only)	Account Inquiries (Balances, etc.) Deposits	Inquiries (Balances, history, etc.)

5Star Bank Business Credit Card

It tailors itself to your business needs!

Cape Cod Cooperative Bank offers a full-line of corporate credit cards through 5Star Bank to tailor your card to meet the needs of your business. The 5Star Corporate Card combines all the functionality of business, fleet, purchasing and T&E cards into one account, and gives businesses better control over how and where their employees use their cards.

Corporate Travel Benefits
$1,000,000 Total Free Travel Accident Insurance
Up to $3,000 Lost Luggage Insurance Reimbursement
Travel Assistance
Collision/Damage Insurance

Corporate Protection
Corporate Liability Protection
Extended Warranty Coverage
Purchase Protection

To apply for your 5Star Bank Business MasterCard, stop into any branch and pick up an application.

The Business Overdraft Reserve

Avoid bounced checks
The Overdraft Reserve is an easy-access revolving line of credit that is attached to your Business Checking Account. The Ready Reserve Credit Line provides peace of mind as overdraft protection or convenience in managing short-term credit needs for your business.

Unsecured line of credit attached to your Cape Cod Cooperative Business Checking Account
Available to sole proprietors (d/b/a’s), corporations, partnerships, LLC’s, realty trusts, etc.
Funds must be used for business purposes
Advances made in minimum increments of $50
Monthly payments calculated based on 5% of the outstanding loan balance with a minimum payment of $25. Payments are due monthly on the 20th of the month

EZ Bank at Work

Benefits for Your Employees At No Cost to You!

When you do your business banking with Cape Cod Cooperative Bank, you can take advantage of our EZ Bank at Work direct deposit program that will save you and your employees time and money. Employees will no longer have to run to the bank during work day hours to cash their checks and they will also be given valuable services and discounts including:

Relationship Accounts with Added Value
- MyLife Checking with Preferred Savings¹
- CapeLife Checking with Money Market Plus²
- Offering No monthly maintenance fee with required minimum balance
Free First Order of Selected Style Checks
- Plus Free reorders with CapeLife Account
Free Online Banking and Free Bill Pay
- View previous 12 months of history online
Free Telephone Banking
No Annual Fee ATM/MasterMoney Debit Card^3,4
- Use anywhere they see the MasterCard logo
Free ATM Access at any ATM⁴
No Annual Fee 5Star Credit Card⁶
No Annual Fee Ready Reserve Credit Line³
Discounts on Auto and Personal Loans³
Discounts on Mortgage Closing Costs Available³
No Annual Fee Home Equity Line of Credit³
No Annual Fee IRA Plan
Free Notary Services
Free Signature Guarantee Service
Consolidated Banking Statement
Access to our In-house Specialist to discuss the various Financial Service programs offered by Cape Cod Financial Services offers⁵
PLUS a Free Student Checking Account including a No Annual Fee MasterCard® ATM/Master Money Debit Card^6,7

Please inquire about other Discount Specials that may be available.

Let us help you get the word out about EZ Bank to your employees!
We will provide you with:

Paycheck Inserts about the program
Employee EZ Bank at Work fliers
Additional Service Brochures
On-site information visits by a bank representative
Enrollment forms

1 Low $500 monthly relationship balance required combining checking with preferred savings, consumer loans and mortgages. Self-Pay required, automatically move money monthly from your MyLife Checking into your companion Preferred Savings Account.

2 Combined minimum monthly balance of $15,000 required between checking, CapeLife Money Market Plus Account, statement savings, Super Savings, consumer loans and or mortgages.

3 Employee must qualify for these products to receive related benefits.

4 Free ATM use within NYCE, Cirrus or SUM networks. Other banks may charge you for the use of their ATMs.

5 Investment products and services are offered through INFINEX INVESTMENTS, Inc. Member FINRA/SIPC. Insurance products are offered through Infinex Insurance Agency of Massachusetts, Inc. Cape Cod Financial Services is a trade name of the Bank. Infinex and the Bank are not affiliated. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.

6 Employee must apply and qualify for these products to receive related benefits. Credit cards are issued and serviced by 5Star Bank, Colorado Springs, Co.

7 Student Checking Account minimum age 18 years, under 18 years parent or guardian must cosign.

Wire Transfer

Quick & easy way to move money
Wire transfer is the electronic transfer of funds from one bank to another. It is the quickest way to move money between banks in the United States or a foreign bank with a U.S. subsidiary. (Most large foreign banks have a corresponding U.S. bank with which they do business).

You must be a Cape Cod Cooperative Bank customer to use this service
No fee for incoming wire transfers
$22 transfer fee for outgoing domestic transfers *
$30 transfer fee for outgoing foreign transfers *

* fees are subject to change, please call to verify

Night Deposit Services

Secure your daily receipts

Avoid keeping a large amount of cash or checks at your business or home—deposit your daily receipts in the night deposit boxes located at each of our branch locations.

Merchant Credit and Debit Card Processing

Complete authorization and processing services
If your business accepts credit and debit cards (including Master Card, Visa, Discover, American Express, Diners Club and more), or you would like to accept them, then ask about our Merchant Credit and Debit Card Processing. We provide complete authorization, processing, and deposit services at some of the lowest processing rates on Cape Cod. All necessary electronic equipment is available for purchase or lease, and we offer the software you need to process payments using your PC. Contact us for more information.

Payroll Services

Hassle-Free payroll and tax payments
Is processing your company’s payroll, calculating various payroll taxes, or keeping track of vacation or sick time consuming too much of your time? Cape Cod Cooperative Bank has the solution. We’ve partnered with Advantage Payroll Services to offer payroll and tax payment services. Advantage Payroll Services was selected “First Choice” among payroll services nationwide for businesses with 1 to 100 employees by an independent review. For more information, please contact a Cape Cod Cooperative customer service representative.

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