Independent Banker - July 2023 - 46

ICBA's
TOP
LENDERS
2023
The Cooperative Bank of
Cape Cod's residential
and consumer lending
team at the bank's
headquarters in Hyannis,
Mass. The bank recently
expanded its digital
platforms, resulting in
growth in its consumer
and mortgage lending.
CONSUMER/MORTGAGE
MANAGING THE
MORTGAGE MARKETS
By William Atkinson
T
he past few years in the
mortgage lending space
have been tumultuous,
to say the least. Between housing
demand outpacing supply, sky-high
prices and rising interest rates,
community bank lenders have had
to innovate to meet new challenges.
Three community banks share
their experience working in this
changing market.
The Cooperative Bank of Cape Cod
With the limited housing inventory in
The Cooperative Bank of Cape Cod's
market, coupled with more remote
workers, many people have chosen to
renovate their existing homes instead
of selling their homes, says Shanika
Rogowski, senior vice president and
chief residential lending officer for the
$1.5 billion-asset community bank in
Hyannis, Mass.
Construction loans, equity loans
and lines of credit have become
very popular, especially among
homeowners who have refinanced in
the past few years, she says. These
options allow homeowners the
flexibility to improve their properties
while being able to keep the low rate
on their first lien mortgage.
The community bank has recognized
a growing need for technology and
high-level customer service, Rogowski
says. " This shift has helped us to
leverage digital platforms, allowing us to
compete on a more global landscape. "
As a result of optimizing its digital
platforms and implementing a hybrid/
remote work culture, the bank has
expanded its market area by hiring
high-producing loan officers and
adding quality support staff in areas
where it previously had not been
46 // ICBA Independent Banker // July 2023

Independent Banker - July 2023

Table of Contents for the Digital Edition of Independent Banker - July 2023

Contents
Independent Banker - July 2023 - Intro
Independent Banker - July 2023 - Cover1
Independent Banker - July 2023 - Cover2
Independent Banker - July 2023 - Contents
Independent Banker - July 2023 - 2
Independent Banker - July 2023 - 3
Independent Banker - July 2023 - 4
Independent Banker - July 2023 - 5
Independent Banker - July 2023 - 6
Independent Banker - July 2023 - 7
Independent Banker - July 2023 - 8
Independent Banker - July 2023 - 9
Independent Banker - July 2023 - 10
Independent Banker - July 2023 - 11
Independent Banker - July 2023 - 12
Independent Banker - July 2023 - 13
Independent Banker - July 2023 - 14
Independent Banker - July 2023 - 15
Independent Banker - July 2023 - 16
Independent Banker - July 2023 - 17
Independent Banker - July 2023 - 18
Independent Banker - July 2023 - 19
Independent Banker - July 2023 - 20
Independent Banker - July 2023 - 21
Independent Banker - July 2023 - 22
Independent Banker - July 2023 - 23
Independent Banker - July 2023 - 24
Independent Banker - July 2023 - 25
Independent Banker - July 2023 - 26
Independent Banker - July 2023 - 27
Independent Banker - July 2023 - 28
Independent Banker - July 2023 - 29
Independent Banker - July 2023 - 30
Independent Banker - July 2023 - 31
Independent Banker - July 2023 - 32
Independent Banker - July 2023 - 33
Independent Banker - July 2023 - 34
Independent Banker - July 2023 - 35
Independent Banker - July 2023 - 36
Independent Banker - July 2023 - 37
Independent Banker - July 2023 - 38
Independent Banker - July 2023 - 39
Independent Banker - July 2023 - 40
Independent Banker - July 2023 - 41
Independent Banker - July 2023 - 42
Independent Banker - July 2023 - 43
Independent Banker - July 2023 - 44
Independent Banker - July 2023 - 45
Independent Banker - July 2023 - 46
Independent Banker - July 2023 - 47
Independent Banker - July 2023 - 48
Independent Banker - July 2023 - 49
Independent Banker - July 2023 - 50
Independent Banker - July 2023 - 51
Independent Banker - July 2023 - 52
Independent Banker - July 2023 - 53
Independent Banker - July 2023 - 54
Independent Banker - July 2023 - 55
Independent Banker - July 2023 - 56
Independent Banker - July 2023 - 57
Independent Banker - July 2023 - 58
Independent Banker - July 2023 - 59
Independent Banker - July 2023 - 60
Independent Banker - July 2023 - 61
Independent Banker - July 2023 - 62
Independent Banker - July 2023 - 63
Independent Banker - July 2023 - 64
Independent Banker - July 2023 - 65
Independent Banker - July 2023 - 66
Independent Banker - July 2023 - 67
Independent Banker - July 2023 - 68
Independent Banker - July 2023 - 69
Independent Banker - July 2023 - 70
Independent Banker - July 2023 - 71
Independent Banker - July 2023 - 72
Independent Banker - July 2023 - 73
Independent Banker - July 2023 - 74
Independent Banker - July 2023 - 75
Independent Banker - July 2023 - 76
Independent Banker - July 2023 - 77
Independent Banker - July 2023 - 78
Independent Banker - July 2023 - 79
Independent Banker - July 2023 - 80
Independent Banker - July 2023 - Cover3
Independent Banker - July 2023 - Cover4
https://www.nxtbook.com/mspc/independentbanker/october2024
https://www.nxtbook.com/mspc/independentbanker/september2024
https://www.nxtbook.com/mspc/independentbanker/august2024
https://www.nxtbook.com/mspc/independentbanker/july2024
https://www.nxtbook.com/mspc/independentbanker/june2024
https://www.nxtbook.com/mspc/independentbanker/may2024
https://www.nxtbook.com/mspc/independentbanker/april2024
https://www.nxtbook.com/mspc/independentbanker/march2024
https://www.nxtbook.com/mspc/independentbanker/february2024
https://www.nxtbook.com/mspc/independentbanker/january2024
https://www.nxtbook.com/mspc/independentbanker/december2023
https://www.nxtbook.com/mspc/independentbanker/november2023
https://www.nxtbook.com/mspc/independentbanker/october2023
https://www.nxtbook.com/mspc/independentbanker/september2023
https://www.nxtbook.com/mspc/independentbanker/august2023
https://www.nxtbook.com/mspc/independentbanker/july2023
https://www.nxtbook.com/mspc/independentbanker/june2023
https://www.nxtbook.com/mspc/independentbanker/may2023
https://www.nxtbook.com/mspc/independentbanker/april2023
https://www.nxtbook.com/mspc/independentbanker/march2023
https://www.nxtbook.com/mspc/independentbanker/february2023
https://www.nxtbook.com/mspc/independentbanker/january2023
https://www.nxtbook.com/mspc/independentbanker/december2022
https://www.nxtbook.com/mspc/independentbanker/november2022
https://www.nxtbook.com/mspc/independentbanker/october2022
https://www.nxtbook.com/mspc/independentbanker/september2022
https://www.nxtbook.com/mspc/independentbanker/august2022
https://www.nxtbook.com/mspc/independentbanker/july2022
https://www.nxtbook.com/mspc/independentbanker/june2022
https://www.nxtbook.com/mspc/independentbanker/may2022
https://www.nxtbook.com/mspc/independentbanker/april2022
https://www.nxtbook.com/mspc/independentbanker/march2022
https://www.nxtbook.com/mspc/independentbanker/february2022
https://www.nxtbook.com/mspc/independentbanker/january2022
https://www.nxtbook.com/mspc/independentbanker/december2021
https://www.nxtbook.com/mspc/independentbanker/november2021
https://www.nxtbook.com/mspc/independentbanker/october2021
https://www.nxtbook.com/mspc/independentbanker/september2021
https://www.nxtbook.com/mspc/independentbanker/august2021
https://www.nxtbook.com/mspc/independentbanker/july2021
https://www.nxtbook.com/mspc/independentbanker/june2021
https://www.nxtbook.com/mspc/independentbanker/may2021
https://www.nxtbook.com/mspc/independentbanker/april2021
https://www.nxtbook.com/mspc/independentbanker/march2021
https://www.nxtbook.com/mspc/independentbanker/february2021
https://www.nxtbook.com/mspc/independentbanker/january2021
https://www.nxtbook.com/mspc/independentbanker/december2020
https://www.nxtbook.com/mspc/independentbanker/november2020
https://www.nxtbook.com/mspc/independentbanker/october2020
https://www.nxtbook.com/mspc/independentbanker/september2020
https://www.nxtbook.com/mspc/independentbanker/august2020
https://www.nxtbook.com/mspc/independentbanker/july2020
https://www.nxtbook.com/mspc/independentbanker/june2020
https://www.nxtbook.com/mspc/independentbanker/may2020
https://www.nxtbook.com/mspc/independentbanker/april2020
https://www.nxtbook.com/mspc/independentbanker/march2020
https://www.nxtbook.com/mspc/independentbanker/february2020
https://www.nxtbook.com/mspc/independentbanker/january2020
https://www.nxtbook.com/mspc/independentbanker/december2019
https://www.nxtbook.com/mspc/independentbanker/november2019
https://www.nxtbook.com/mspc/independentbanker/october2019
https://www.nxtbook.com/mspc/independentbanker/september2019
https://www.nxtbook.com/mspc/independentbanker/august2019
https://www.nxtbook.com/mspc/independentbanker/july2019
https://www.nxtbook.com/mspc/independentbanker/june2019
https://www.nxtbook.com/mspc/independentbanker/may2019
https://www.nxtbook.com/mspc/independentbanker/april2019
https://www.nxtbook.com/mspc/independentbanker/march2019
https://www.nxtbook.com/mspc/independentbanker/february2019
https://www.nxtbook.com/mspc/independentbanker/january2019
https://www.nxtbook.com/mspc/independentbanker/december2018
https://www.nxtbook.com/mspc/independentbanker/november2018
https://www.nxtbook.com/mspc/independentbanker/october2018
https://www.nxtbook.com/mspc/independentbanker/september2018
https://www.nxtbook.com/mspc/independentbanker/august2018
https://www.nxtbook.com/mspc/independentbanker/july2018
https://www.nxtbook.com/mspc/independentbanker/june2018
https://www.nxtbook.com/mspc/independentbanker/may2018
https://www.nxtbook.com/mspc/independentbanker/april2018
https://www.nxtbook.com/mspc/independentbanker/march2018
https://www.nxtbook.com/mspc/independentbanker/february2018
https://www.nxtbook.com/mspc/independentbanker/january2018
https://www.nxtbook.com/mspc/independentbanker/december2017
https://www.nxtbook.com/mspc/independentbanker/november2017
https://www.nxtbook.com/mspc/independentbanker/october2017
https://www.nxtbook.com/mspc/independentbanker/september2017
https://www.nxtbook.com/mspc/independentbanker/august2017
https://www.nxtbook.com/mspc/independentbanker/july2017
https://www.nxtbook.com/mspc/independentbanker/june2017
https://www.nxtbook.com/mspc/independentbanker/may2017
https://www.nxtbook.com/mspc/independentbanker/april2017
https://www.nxtbookmedia.com