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Construction Begins on Bank of Cape Cod

The new Falmouth branch will be a full-service operation with a drive-up window and a 24-hour ATM.

 

The sounds of banging hammers, walls being knocked down and busy crews working at 445 Main Street in Falmouth today signaled a transformation of the vacant building into the next Bank of Cape Cod branch.

Bank of Cape Cod, with locations in Hyannis and Osterville, is expected to open the Falmouth facility sometime in May. Over the next several months, the building, next to Betsy’s Diner, will undergo a major makeover as part of the Bank’s plan to provide local commercial lending and retail banking on the Upper Cape.

“This is a great sight to see,” Timothy T. Telman, president and CEO of the bank, said as he witnessed the first day of construction at the site. “This work underway brings us closer to our goal of expanding our commitment to serving residents and business owners on Cape Cod.”

The Falmouth branch will be a full-service operation with a drive-up window, 24-hour ATM, and a convenient night drop for business clients. The bank expects to create five new jobs as a result of its expansion.

“We are busy investing in the local economy—helping businesses grow and ensuring consumers receive the best value and service possible,” Telman said. “We are thrilled to see Bank of Cape Cod expand to meet the local banking needs of our community.”

Information from a press release.

Related Topics: bank of cape cod and falmouth

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