Compared to industry giants, her bank is small—with just $2.3 billion in assets, 400 employees and 22 locations. But her impact on the community and our nation’s capital is huge.
As the past chairman of the Massachusetts Bankers Association, Savarese helped expand the association’s financial literacy campaign and worked with state legislators on bank modernization issues. And her work on a special task force may lead to major changes in the way state-charted banks are regulated.
Savarese currently serves on the FDIC Community Bank Advisory Committee, which provides guidance on policy issues that affect small community banks throughout the country.
She’s also chairman of the Board of Trustees of the Cape Cod Five and The Cape Cod Five Cents Savings Bank Charitable Foundation Trust, as well as a board member of the American Bankers Mutual Insurance Ltd., the American Bankers Association’s Community Bankers Council, and Cape Cod Chamber of Commerce. She also serves as secretary on the Board of Trustees of Cape Cod Community College.
Savarese Comes to Sawyer Business School
You can meet Savarese on September 24. She’s a panelist in the Sawyer Business School’s “Women Making a Difference in Finance & Banking” forum, which will be held at 11:30am to 1:30pm in the Sargent Hall Function Room.
The discussion will feature women leaders from a variety of positions in community and national banking. Teri Cavanagh of the Global Banking Alliance for Women will moderate the event.
Panelists will include:
- Julie Livingston, CEO of Marblehead Bank
- Molly Downer, Managing Director of First Republic Bank
- Sarah Wilcox, SVP of Healthcare & Institutions for Bank of America
- Suffolk MBA alum Dorothy Savarese, CEO of Cape Cod Five Cents Savings Bank
The Massachusetts Bankers Association, Financial Executives International, the Suffolk University Alumni Association, and the Suffolk Graduate Program in Finance are co-hosting the event.