Cape Cod 5 has been named one of the Best Banks to Work For in 2018 by American Banker. The program, initiated in 2013 by American Banker Magazine and Best Companies Group, identifies, recognizes and honors U.S. banks with exceptional employee satisfaction. Banks considered for the award must exhibit a strong investment in employee fulfillment, career development and personal growth.
Consideration for the Best Banks to Work For ranking included a two-step process. First, the Bank was evaluated for its workplace policies, demographics and practices. Second, employee surveys were conducted to extract direct, individualized feedback on workplace attitudes and satisfaction levels. The combined scores for both steps comprised the best banks list and final rankings.
“Cape Cod 5 is honored to be named one of the Best Banks to Work For in the nation,” said Dorothy A. Savarese, President and CEO of Cape Cod 5. “The hard work and dedication of our more than 500 employees is critical to the success of our organization and the customers and communities we serve. We look forward to continuing to enhance the programs and benefits we offer.”
Best Companies Group managed the overall registration and survey process, analyzed the data and used their expertise to determine the final ranking.
The program is open to commercial banks, thrifts, savings banks and other chartered retail financial institutions with at least 50 employees in the United States. Full results of this year’s program are available at American Bankerand in the September issue of American Banker Magazine.
About Cape Cod 5
Founded in 1855, Cape Cod 5 is an independent state-chartered savings bank with over $3.3 billion in assets. Through its 24 offices, Cape Cod 5 offers a broad range of financial products and services to customers living 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