Cape Cod 5 purchases property for new Provincetown Banking Center

Filed Under: Other News

Cape Cod 5 recently purchased a property in Provincetown at 2 Harry Kemp Way. The property will be converted to a full-service banking center, pending regulatory approval, and is expected to open by spring 2019.
The center will provide residents in the area more convenient access to all of Cape Cod 5’s services, including retail banking, residential lending, wealth management and business banking. It will also create employment opportunities for people in the Provincetown area.
“As the Bank has served the Provincetown community for many years, most recently from the Lending and Wealth Management office in town, it has long been our intention to establish a full-service banking center. We will be so pleased to have a convenient location from which we will be able to expand the services that we offer to local residents and businesses,” said Dorothy A. Savarese, President and CEO of Cape Cod 5. “Our team has been deeply involved in Provincetown and, with this new location, we are expanding our long-standing commitment to serving this community.”
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 $3.3 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