For the second consecutive year, the Cape Cod Five Cents Savings Bank was officially recognized by MassHousing for being the top producer of first mortgages in Barnstable County under its mortgage lending program.
The bank originated 70 home loans worth $14.1 million, according to a statement.
"Cape Cod Five Cents Savings Bank has been a valued partner in providing quality, affordable fixed-rate mortgage loans for low- and moderate-income residents in Barnstable County," said MassHousing Executive Director Thomas R. Gleason. "The commitment shown by the bank and its staff to affordable housing is reflected in this award."
"The Cape Cod Five is pleased to be recognized by MassHousing as an important partner providing responsible home financing for low- and moderate-income borrowers in the communities we serve," said bank President and CEO Dorothy A. Savarese. "As a community bank committed to providing responsible lending for affordable housing, we look forward to continuing our successful partnership with the agency."





