Dorothy Savarese, Executive Chair of Cape Cod 5, has been recognized nationally as Community Banker of the Year by American Banker.
Among Savarese’s professional achievements, American Banker highlighted her role leading Cape Cod 5’s growth in size and scope to more effectively serve customers and serve as an active corporate citizen for the betterment of its communities. They also recognized her role as a long-standing community banking advocate and the influence her leadership has had on the financial services industry.
“This recognition underscores the important role that community banks like Cape Cod 5 play on economic resiliency at the local and national level,” said Savarese. “It is an honor to be recognized by American Banker and to represent Cape Cod 5’s mission and dedication to the financial health and wellbeing of our customers, communities and employees. I am grateful to our employees for making these accomplishments possible and to our customers for the trust they have placed in us.”
Savarese, who has been Cape Cod 5 Chair and CEO for the past 17 years, plans to retire from the bank in May 2023.
“Throughout her career, Dorothy has demonstrated a personal dedication to empowering her fellow leaders across the community banking industry,” said Matt Burke, CEO of Cape Cod 5. “Under her leadership, Cape Cod 5 has continued to evolve as a purpose-driven community bank, dedicated to the unique needs of each area we serve across the region. On behalf of everyone at Cape Cod 5, we are so proud of all Dorothy has done for the Bank and our region.”
Cape Cod 5’s financial strength and commitment to its mutuality and the financial empowerment of its customers, communities and employees was also recognized. The bank’s focus on maintaining its hyperlocal understanding of community and customer needs, even as it continues to grow, was also featured, as well as her service on the regional and state level as a passionate environmental steward, including her role as the Board President of the Cape Cod Climate Change Collaborative and as an active member of the Alliance for Business Leadership, which advises Massachusetts legislature on climate issues.
To read the full profile on American Banker’s visit: https://www.americanbanker.com/news/community-banker-of-the-year-cape-cod-5s-dorothy-savarese