Cape Cod 5 Reviews 2019 Community Impact At Annual Reception

Filed Under: Other News

Cape Cod 5 welcomed community leaders to its new headquarters (HQ5™) for “A Reception with Community Partners” on Feb. 25. During the reception, more than 135 people, including representatives from community non-profit organizations as well as Cape Cod 5 employees, senior management, corporators and trustees, gathered to celebrate their common community engagement, share information about community needs and ideate about solutions to meet these needs.

“It is an honor to celebrate the great work of so many community organizations. Cape Cod 5 is proud to partner with them as we work together to meet the changing needs of our community,” said Dorothy A. Savarese, chair and CEO of Cape Cod 5. “By utilizing enhanced and innovative collaboration channels, we are able to expand our understanding of community needs while pooling our resources to make an even greater impact.”
During the reception, Savarese highlighted Cape Cod 5’s ongoing commitment to and investment in the unique communities on Cape Cod, the Islands and in Southeastern Massachusetts.

Matt Burke, co-president provided an overview of Cape Cod 5’s 2019 Community Impact (, including being named the leading producer of loan volume for MassHousing in Barnstable County for the 14th year in a row, donating over $160,000 to accessible housing supporting 15 organizations in the region focused on these efforts, putting forth over 2,500 employee volunteer hours and over 900 hours of additional corporate leadership hours and giving out over $1 million to local non-profit organizations for the sixth year in a row.

Bert Talerman, co-president, highlighted the bank’s continued efforts to enhance its engagement with the community while synergizing its impact through each of their “Five Ways of Engagement” including community banking, responsible business practices, corporate leadership and volunteerism, advancement of financial know-how and philanthropy – and through each of their “Five Areas of Focus” for their community engagement: accessible housing, education and enrichment, environmental stewardship, economic sustainability and community health, human need and active service members’/veterans’ needs.