Orleans, MA – Today, Cape Cod 5 purchased the property at 137 Bradford Street in Provincetown, formerly the site of a convenience store. The Bank intends to convert the building to a full-service Banking Center, pending regulatory approval, and expects it to be open within a year.

This new location will provide area residents access to all of Cape Cod 5’s services, including retail banking, residential lending, wealth management and business banking, as well as create year-round employment opportunities for people in the Provincetown area.

“The Bank has served the Provincetown community for many years and it has long been our intention to establish a full-service Banking Center,” said Dorothy A. Savarese, President and CEO of Cape Cod 5. “This property offered a long-term solution that will allow us to serve customers and the Provincetown community from a centrally located, convenient location.

This will be Cape Cod 5’s first full-service Banking Center in Provincetown. The Bank has operated a Lending and Wealth Management Office in the area since 2014.

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 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