For the eighth consecutive year, Dorothy A. Savarese, Chair and CEO of Cape Cod 5, has been named one of the 25 Most Powerful Women in Banking by American Banker, placing number 12 on the list this year.
Honorees are recognized for their professional achievements, strength of the institutions they serve and for their influence in the financial services industry. Among Savarese’s accomplishments, American Banker highlighted her role in leading Cape Cod 5 and their unique and innovative approach to adopting new and emerging technologies to help customers meet their financial goals. She was also recognized for her advocacy for community banks and their capacity to continuously adapt to meet the changing expectations of consumers.
“I am honored to receive this recognition from American Banker, which draws attention to the talented women making great strides in the banking and financial services industry,” said Savarese. “This award is evidence of our hard working Cape Cod 5 employees, whose demonstrated commitment to our mission of enriching lives allows us to be a strong and trusted advisor to the customers and communities we serve.”
About Cape Cod 5
Founded in 1855, Cape Cod 5 is an independent state-chartered financial institution with over $3.4 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, Nantucket and in Southeastern Massachusetts communities. Services include consumer and commercial banking products; residential mortgages; investment management and trust services. Member FDIC. Equal Housing Lender. NMLS #401717.