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  • Cape Cod 5 to Match up to $125,000 in Support for Local Healthcare Systems

    Contact: Stephanie Dennehy for further information at sdennehy@capecodfive.com

    Cape Cod 5 to Match up to $125,000 in Support for Local Healthcare Systems

     

    Challenge match includes a $100,000 challenge to community members and a $25,000 match for employee giving


    Hyannis, MA – Cape Cod 5 announced today that it will match up to $100,000 in community support for seven local healthcare organizations: Cape Cod Healthcare; Community Health Center of Cape Cod; Outer Cape Health Services; Nantucket Cottage Hospital; Martha’s Vineyard Hospital; Beth Israel Deaconess Hospital – Plymouth; and Southcoast Tobey Hospital. This match is part of a larger commitment of $500,000 in philanthropic support to assist those affected by COVID-19 on Cape Cod, the Islands and in Southeastern Massachusetts announced last week. In addition to the community challenge, there will be a $25,000 match for employees on top of the Bank’s annual employee donation match program, which was instituted two years ago.

    “Doctors, nurses, and all healthcare workers are putting themselves on the front lines of this pandemic in order to protect our communities,” said Dorothy Savarese, Chair and CEO of Cape Cod 5. “There is urgent need for financial support of their efforts, and we are challenging all those in the community who are able to give, to consider doing so. Together, we can provide much needed assistance as hospitals and healthcare centers prepare for a surge in COVID-19 patients.

    “We at Cape Cod 5 recognize the dire situation facing our communities and, in addition to partnering with each of our customers to help them through this challenging time, are doing everything we can to help those providing critical healthcare services, relief for those affected financially, and basic human need for our neighbors,” continued Savarese. “Cape Cod 5 will always be here for our customers, community members and employees. We are in this together.”

    To find out more about Cape Cod 5’s Healthcare Support Match Challenge, and to participate so that your donations are matched, go to www.capecodfive.com/supporthealthcare.

    For more information from Cape Cod 5, including ways to protect yourself from scams and fraud schemes surrounding COVID-19, visit https://www.capecodfive.com/coronavirus.

    About Cape Cod 5
    Founded in 1855, Cape Cod 5 is an independent state-chartered financial institution with over $3.6 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.

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