Beth McDermott
| Reporter assisted by AI
BankFive has been recognized as one of the Top 100 Women-Led Businesses in Massachusetts for the third consecutive year.
The recognition comes from The Women’s Edge, a nonprofit organization that supports women leaders, according to a community announcement.
The Top 100 Women-Led Businesses list is based on factors such as company revenue, workplace diversity, innovation and customer benefits.
“It’s an incredible honor to once again be recognized among so many exceptional women-led organizations,” Anne Tangen, president and CEO of BankFive, said in the announcement. “This achievement reflects the dedication of our entire team, whose commitment to our customers and communities continues to drive BankFive’s success and positive impact. At BankFive, our mission has always been to empower our employees, support our customers, and strengthen the communities we serve, and this honor reinforces the importance of that work.”
This past year, BankFive celebrated its 170th anniversary with a multi-million dollar renovation of its new Main Street headquarters in Fall River. The bank also announced a new financial literacy program, FiveSense.
The organizations that received the award were honored at The Women’s Edge and the Boston Globe Magazine’s annual awards breakfast Oct. 24 in Boston. The 100 companies on the list represent a combined total of $141 billion in revenue and operating budgets.
The Women’s Edge is a nonprofit organization that aims to help women leaders achieve personal and professional success and make a positive impact within their businesses and communities.
To learn more about the bank, visit bankfive.com.
This story was created by reporter Beth McDermott, bmcdermott1@gannett.com, with the assistance of Artificial Intelligence (AI). Journalists were involved in every step of the information gathering, review, editing and publishing process. Learn more at cm.usatoday.com/ethical-conduct.