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  • Cape Cod 5 Announces $100,000 in Grants to Local Food Pantries

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    January 29, 2019

    PRESS RELEASE

    for The Cape Cod Five Cents Savings Bank
    FOR IMMEDIATE RELEASE: January 29, 2019
    Contact: Stephanie Dennehy for further information at 508-247-1605 or
    sdennehy@capecodfive.com

    Cape Cod 5 Announces $100,000 in Grants to Local Food Pantries


    Orleans, MA – Cape Cod 5 recently announced collective grants totaling $100,000 through the
    Cape Cod 5 Foundation to local food pantries to support their work during a period of heightened
    demand.
    “Cape Cod 5 is privileged to support the vital role that food pantries play in our communities
    throughout the year.” said Dorothy A. Savarese, President and CEO of Cape Cod 5. “We felt it
    was important to accelerate and increase our annual grants to food pantries this year as these
    organizations are currently experiencing higher than normal demand as they meet the everyday
    needs of our community while also helping community members who are overcoming the effects
    of the government shutdown.”
    The donation is an extension of Cape Cod 5’s support efforts for those impacted by the
    government shutdown, which will continue through the end of February. The Bank’s efforts
    include a 0.00% APR 1 , one-year Cape Cod 5 Government Employee Assistance Loan Program
    and a $30,000 donation to the Cape Cod Military Support Foundation (CCMSF). Cape Cod 5 is
    also continuing to collect food, toiletries and baby care items at each of its Banking Centers.
    1 0.00% Annual Percentage Rate (APR) for the term of the loan. Single payment loan with a term of 12 months.
    Minimum loan amount of $500. Maximum loan amount of $2,500. One payment of entire loan amount due at
    maturity. 

    About Cape Cod 5
    Founded in 1855, Cape Cod 5 is an independent state-chartered savings bank with over $3.4 billion in
    assets. Through its 25 offices, Cape Cod 5 offers a broad range of financial products and services to customers living
    and working on Cape Cod, Martha’s Vineyard, Nantucket and in Southeastern Massachusetts communities. Services
    include consumer and commercial banking products; residential mortgages; investment management and trust
    services. Member FDIC
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