Press Releases

Find out what Salem Five is doing in the greater Boston community to see how a local bank can make a big difference. We’re proud to be working to strengthen and support Salem and beyond.

Gerard “Jay” Boyle, Jr. Stepping Down as President of Salem Five Insurance
January 3, 2022 - After leading Salem Five Insurance over the past 15 years as it quadrupled in size, Gerard “Jay” Boyle, Jr. is stepping down as President ...

2021

Salem Five Charitable Foundation Surprises Non-Profits
December 20, 2021 - The Salem Five Charitable Foundation has awarded $27,500 to 11 different not-for-profit organizations ...
Salem Five Partners with The Salvation Army for Holiday Toy Drive
November 19, 2021 - Salem Five Bank is teaming up with The Salvation Army Massachusetts Division to collect new, unwrapped toys for children in need across eastern Massachusetts ...
Salem Five Insurance Acquires Elliot Whittier Insurance
November 16, 2021 - Salem Five Insurance, a subsidiary of Salem Five Bank, announced today that it has acquired Elliot Whittier Insurance Services LLC of Danvers and Winthrop ...
Salem Five Insurance Acquires A. James Lynch Insurance Agency Inc.
August 2, 2021 - Salem Five Insurance, a subsidiary of Salem Five Bank, announces today that it has acquired Lynn-based A. James Lynch Insurance Agency Inc, ...
Salem Five Adds New Commercial Bankers to C&I Lending Group
June 24, 2021 - Salem Five added a new team within its Commercial and Industrial Lending Division, hiring three new commercial bankers ...
Salem Five Creates Leveraged Lending Team
June 21, 2021 - Salem Five Bank has created a team to support private equity fund acquisitions, building on a service it first began offering in 2015 and has been ...
Salem Five Insurance Hires VP/Director of Advanced Analytics
May 25, 2021 - Salem Five Insurance appointed Joe Lawless to the new position of Vice President and Director of Advanced Analytics, as the agency looks to further fuel its growth and ...
Salem Five Insurance Acquires Ambrose & Grant Insurance Agency
May 4, 2021 - Salem Five Insurance, a subsidiary of Salem Five Bancorp, announced today that it has acquiring Norwood-based Ambrose & Grant Insurance Agency, which was founded in 1989 and has steadily grown ...
Salem Five Insurance Hires SVP/Director of Insurance Operations
April 19, 2021 - Chi N. Vo brings an array of industry experience to new role. Salem Five Insurance appointed Chi N. Vo to the new position of SVP and Director of Operations ...