Cape & Coast Bank Appoints Mary Kay Shea as CFO & Treasurer

April 2026 – Cape & Coast Bank selected Smith & Wilkinson to manage the search and selection process for the Bank’s next CFO & Treasurer. Serving Cape Cod and nearby communities for more than 100 years, Cape & Coast is a $1.6B mutual community bank that provides innovative banking solutions and investment in the local community to support those “who are shaping the Cape’s future.” Following the elevation of Erik Porter from CFO to CEO, the bank sought a strategic finance executive to play a key leadership role in the next chapter of Cape & Coast Bank’s growth.

Mary Kay Shea is a dynamic Chief Financial Officer with more than 25 years of progressive leadership and a proven track record of results. Most recently serving as EVP and Chief Financial Officer for 1st Colonial Community Bank in Mount Laurel, NJ, Mary Kay helped guide the bank to top-tier performance and was an instrumental strategic partner for the Bank’s CEO and Board. A graduate of Boston College, Mary Kay is thrilled to return to her roots in Massachusetts and use her financial and leadership expertise to impact such a historic community banking institution.

The CFO engagement was managed by Julia Crouter, Consultant, and Cameron Boyd, Managing Partner.

About Cape & Coast Bank 

Formerly known as The Cooperative Bank of Cape Cod, Cape & Coast Bank is a $1.6B mutual community bank that has been serving Cape Cod and nearby communities for more than 100 years. Over the last decade, Cape & Coast has nearly doubled in assets, established a charitable foundation to address critical needs in Cape Communities, renovated and modernized the bank’s Headquarters in Hyannis, and made “future-proofing” improvements in technology and infrastructure. Through this growth and investment, the Bank is well-positioned to provide innovative banking solutions and investment in the local community, ultimately delivering on its mission of supporting the “people and businesses who are shaping the Cape’s future.”

About Smith & Wilkinson  

For over 25 years, Smith & Wilkinson has been a trusted executive search and talent advisory partner.  Our Financial Services team serves banks, credit unions, service providers, associations, nonbank lenders, financial technology companies, community and economic development organizations, and government-sponsored enterprises in attracting, promoting, and retaining senior leaders who drive long-term business success. 

Our financial services executive search work includes Board, C-suite, and Director level engagements across executive leadership, strategy, risk, finance, operations, lending, technology, and wealth management, and more.  With industry-leading market insight and a consultative approach, we provide both clients and candidates with exceptional visibility into today’s evolving talent landscape. 

Looking to fill a leadership role similar to this position?  Don’t hesitate to get in touch with us to learn more about partnering with Smith & Wilkinson’s Financial Services executive search team to attract, promote, and retain the talent your organization needs to grow and compete.