Press Release for Cape Cod 5
FOR IMMEDIATE RELEASE: January 28, 2020
Contact: Stephanie Dennehy for further information at 508-247-1605 or
Cape Cod 5 Celebrates Ribbon Cutting & Grand Opening of New Campus in Hyannis, MA
The campus is comprised of the Bank’s new headquarters (HQ5™) as well as a full-
service Banking Center located on Route 132 – all designed to serve as a platform from which to better serve customers and communities
Hyannis, MA – On Tuesday, January 28, community leaders, including state and local officials, joined
Cape Cod 5 Trustees, Corporators, Senior Management and building partners to celebrate the grand
opening of the Bank’s new campus, which includes its headquarters (HQ5™) and Hyannis Route 132
Banking Center. The grand opening was comprised of a ribbon-cutting ceremony, which was broadcast
live for customers, members of the community and all Bank employees, and the dedication of the
“This new campus serves as a physical symbol of Cape Cod 5’s ongoing investment in and service to
the unique communities of the Cape, Islands and Southeastern Massachusetts,” said Dorothy A.
Savarese, Chair and CEO of Cape Cod 5. “The foundation of this headquarters building is actually the
mission and values that have driven this Bank for 165 years. Its innovative elements and advanced
technologies will propel us to the future so we can continue to meet the evolving needs of our
customers, community members and employees for decades to come.”
Savarese continued, “Each element of the design and implementation has been informed by our sharp
focus on our commitment to responsible business practices and thoughtful stewardship of our natural
environment. We have great appreciation for the guidance of and collaboration with our Trustees,
Corporators, the Cape Cod Commission and Town of Barnstable, and their Police and Fire
Departments and our building partners. We are also deeply grateful for the ongoing engagement of our
employees and the trust that our customers and community members place in us to help them meet
their financial goals. From our new campus, we look forward to continuing to work towards our
mission of Enriching Lives.”
The campus is made up of 11 acres of Bank-owned, redeveloped property in the Town of Barnstable
on Route 132 and Attucks Lane, including an environmentally-sensitive, 80,000 square foot building
targeting LEED Gold; a parking structure; and a renovated, pre-existing 12,000 square foot building
that is home to the Bank’s new full-service Hyannis Route 132 Banking Center. The new building will
join approximately 300 Bank employees who previously worked in multiple administrative offices.
Ribbon Cutting photo caption:
Pictured L - R: Matthew S. Burke, Co-President; Dorothy A. Savarese, Chair & CEO; Thomas M.
Evans, Vice Chair; Robert A. Talerman, Co-President
Building Dedication photo caption:
Pictured L - R: Paul Rumul, Trustee; Daniel A. Wolf, Trustee; Paul E. Grover, Trustee; Karen L.
Gardner, Trustee; Robert A. Talerman, Co-President; Matthew S. Burke, Co-President; Dorothy A.
Savarese, Chair & CEO; Thomas M. Evans, Vice Chair; Chester N. Lay, Trustee; Katherine Fulham
Parcels, Trustee; James A. Peterson, Trustee; John C. Dawley, Trustee
Trustees not pictured: Anne Bailey Berman and Bruce D. Miller
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.