CC5 Announces No Interest Loan Program & $30,000 Donation to Support Those Affected by Gov. Shutdown
for The Cape Cod Five Cents Savings Bank
FOR IMMEDIATE RELEASE: January 16, 2019
Contact: Stephanie Dennehy for further information at 508-247-1605 or
Cape Cod 5 Announces No Interest Loan Program and $30,000 Donation to Support Those Affected by Government Shutdown
Orleans, MA – Cape Cod 5 recently announced its support of those affected by the United States
government shutdown – which is in its 26 th day – through 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 committed to doing whatever we can to support those who are out of work and
struggling to make ends meet during the government shutdown,” said Dorothy A. Savarese,
President and CEO of Cape Cod 5. “These circumstances remind us of the importance of coming
together as a community to provide assistance to local individuals and families in need.”
The 0.00% interest loan program will help provide financial assistance to Cape Cod 5 customers
who are employed by the federal government and have been directly impacted by the shutdown.
Customers may learn more about this loan at any Cape Cod 5 Banking Center location.
Cape Cod 5’s support of the Cape Cod Military Support Foundation – which provides aid and
assistance to military personnel and their families during times of critical need – will continue
over the next three years. Half of the Bank’s $30,000 donation will immediately help fund the
transportation and distribution of food and supplies to local military families and individuals
affected by the government shutdown. The remaining $15,000 will be granted over the next two
years in support of the Foundation’s ongoing programs.
In addition, Cape Cod 5 will be collecting donations of food, toiletries and baby care items for
those in need during this time. Donations of these items may be dropped off at any Cape Cod 5
Banking Center starting on Wednesday, January 16, 2019. Monetary donations may be made to
CCMSF on the organization’s website: https://capecodmilitaryfoundation.org/donate-now/.
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
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. Equal Housing Lender. NMLS #401717.