ORLEANS –President and CEO of Cape Cod 5 Bank Dorothy A. Savarese has been placed on the “25 Most Powerful Women in Banking” list created by American Banker Magazine. Dorothy placed 15th on this year’s list.
“I am honored to be named to this group of female leaders in the financial services industry, Savarese said. This award is equally a recognition of the talented, dedicated team of Cape Cod 5 employees who share our Bank-wide vision as serving as a trusted financial partner for our customers and members of the communities we serve,” Saverese said.
“This award also recognizes the role I have been privileged to play with the American Bankers Association advocating on behalf of community banks, like Cape Cod 5, and their contributions to local communities.”
Honorees are recognized for the strength of the institutions they serve, their professional accomplishments, and their influence within the financial services industry.
American Banker highlighted Savarese’s many accomplishments, including Cape Cod 5’s growth to over $6.7 billion in on-and-off balance sheet assets as well as the build-out of a new 80,000 square-foot headquarters.
Cape Cod Bank 5 continues to grow geographically, with 19 banking centers and five Lending and Wealth Management Offices on the Cape and Islands and southeastern Massachusetts.
By TIM DUNN, CapeCod.com News Center
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