PROVINCETOWN – Cape Cod Five Cents Savings Bank has purchased a property located on Bradford Street in Provincetown to house its newest branch.
The bank intends to convert former the 7-Eleven convenience store into a full-service banking center, pending regulatory approval, and expects it to be open within a year.
This new location will provide area residents access to all of Cape Cod 5’s services, including retail banking, residential lending, wealth management and business banking, as well as create year-round employment opportunities for people in the Provincetown area.
“The bank has served the Provincetown community for many years and it has long been our intention to establish a full-service banking center,” said Dorothy A. Savarese, President and CEO of Cape Cod 5.
“This property offered a long-term solution that will allow us to serve customers and the Provincetown community from a centrally located, convenient location.”
This will be Cape Cod 5’s first full-service Banking Center in Provincetown. The Bank has operated a Lending and Wealth Management Office in the area since 2014.
By TIM DUNN, CapeCod.com News Center
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