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  • Cape Cod 5 Chair and CEO Dorothy Savarese Named to Most Powerful Women in Banking list

    PRESS RELEASE for Cape Cod 5

    Contact: Stephanie Dennehy for further information at 508-247-1605 or sdennehy@capecodfive.com

    Cape Cod 5 Chair and CEO Dorothy Savarese Named to Most Powerful Women in Banking list

    Hyannis, MA – For the ninth consecutive year, Dorothy A. Savarese, Chair and CEO of Cape Cod 5, has been named one of the 25 Most Powerful Women in Banking by American Banker.

    Honorees are recognized for their professional achievements, their influence in the financial services industry and for the strength of the institutions they serve. Among Savarese’s accomplishments, American Banker highlighted her roles at the federal, regional and state levels, including on the Federal Reserve’s Community Depository Institution Advisory Council ̶ a reflection of the financial strength and reputation of Cape Cod 5 ̶ as well as the broad development of women leaders within the organization. The Bank’s leadership in the area of climate change and commitment to Environmental Stewardship was also featured, including its solar loan program and environmentally conscious design and construction of its new headquarters, HQ5. Also noted were the Bank’s efforts to support the creation of a variety of accessible housing options.

    “It is an honor to represent Cape Cod 5’s dedicated employees on this list of talented female leaders from banks of all sizes across the country,” said Savarese. “With this recognition, Cape Cod 5 affirms its commitment to fostering a culture where diversity of all kinds is celebrated, and we know that we are better able to serve our customers and communities because of the unique experience of each of our 550 employees.”

    The full list, including profiles of all the honorees for 2020, appears on American Banker’s website here.

    About Cape Cod 5
    Founded in 1855, Cape Cod 5 is an independent state-chartered financial institution with over $4.0 billion in assets. Through its 26 offices, Cape Cod 5 offers a broad range of financial products and services to customers living and working on Cape Cod, Martha’s Vineyard and Nantucket and in Southeastern Massachusetts communities. Products and services include consumer and commercial banking products; residential mortgages; investment management and trust services. Member FDIC. Equal Housing Lender. NMLS #401717.