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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.

2018

Christine Tran Joins Salem Five as Vice President, Senior Commercial Loan Underwriter
January 30, 2018 - Christine Tran has joined as Vice President and Senior Commercial Loan Underwriter, where she will be responsible for underwriting ...

2017

Deanne Healey Joins Salem Five as Vice President and Market Manager
December 19, 2017 - Healey will oversee customer experience, business development and operations at the bank’s two Peabody locations ...
Salem Five Charitable Foundation Awards $40,000
December 1, 2017 - The Salem Five Charitable Foundation recently awarded $40,000 in grants to 20 local nonprofits. The funds are the proceeds ...
Alexander Zapata Joins Salem Five
December 1, 2017 - Salem Five announced today that Alexander Zapata has joined its team as a vice president and market manager. In this role ...
Heritage Salem Five Charitable Awards $30,000
November 30, 2017 - Salem Five awarded a total of $30,000 to eight local nonprofit organizations on behalf of the Heritage Salem Five Charitable Foundation ...
2017 Music Matters Contest Winner
November 21, 2017 - Singh, a student at Bishop Guertin High School, was chosen by Salem Five and The River from five finalists. He recently recorded ...
Shawn Ford Joins Salem Five as SVP, Commercial and Business Banking
October 24, 2017 - Salem Five announced today that Shawn Ford has joined its team as a Senior Vice President in the Commercial and Business Banking division ...
Brian Shaughnessy Joins Salem Five
October 18, 2017 - Salem Five announced today that Brian Shaughnessy has joined its team as Senior Vice President of Finance ...
Salem Five Teams Up with 92.5 the River
October 18, 2017 - Salem Five is pleased to announce that is has once again partnered with radio station 92.5 the River to host the 2017 Music Matters ...
North Andover Resident Wins Social Media Contest
October 11, 2017 - Greg Cowan’s winning tweet was chosen by Salem Five and WEEI from hundreds of entries ...
Salem Five Mortgage Recognized by MassHousing
August 15, 2017 - Salem Five Mortgage Recognized by MassHousing as the Top Producer of Affordable Housing Loans in Essex County ...
Salem Five’s Jason Consalvo Sworn in as 100th President of the Salem Rotary Club
July 31, 2017 - Salem Five is pleased to announce that Jason Consalvo, a vice president and market manager of the bank’s two Salem retail ...
Salem Five Savings Account Named One of the Best Savings Accounts for 2017 by Wallet Hub
July 6, 2017 - Salem Five is pleased to announce that WalletHub, a personal finance website, has selected the bank’s eOne Savings Account ...
Salem Five Charitable Foundation Awards $3,000 Grant to the Merrimack Valley Housing Partnership
June 30, 2017 - Continuing its long standing commitment to help build successful, self-sustaining communities, Salem Five Charitable Foundation recently awarded ...
Lynn’s Wyoma Red Sox Wins “Uncomplicate Hitting” Contest
June 28, 2017 - Salem Five is pleased to announce the winner of the “Uncomplicate Hitting” video contest ...
Joseph Riley Joins Salem Five as Executive Vice President of Retail
June 16, 2017 - Salem Five announced today that Joseph Riley joined its team as executive vice president of retail banking services ...
Lowell Resident Named Winner of Salem Five’s “Uncomplicate My Home” Contest
May 30, 2017 - Jackie Connolly is running out of closet space in her Lowell home, but between work and caring for a new baby ...
Heritage Salem Five Charitable Foundation Awards $25,000
May 25, 2017 - As part of its enduring commitment to help build self-sustaining, thriving communities, Salem Five recently awarded $25,000 to five local nonprofit organizations ...
Youssef Yassine Joins Salem Five as a Loan Officer
May 25, 2017 - Yassine has more than 10 years of mortgage and personal banking experience and will work with clients to determine the best loan options ...
Salem Five Bancorp Completes Acquisition
May 24, 2017 - Salem Five Bancorp, the parent company of Salem Five Bank, announced today the closing of its acquisition of Georgetown Bancorp, Inc. ...
Christopher Mara Joins Salem Five Financial
May 15, 2017 - Salem Five Financial announced today that Christopher Mara has joined its team as a vice president and registered investment advisor ...
Salem Five Bancorp and Georgetown Bancorp, Inc. Set Anticipated Merger Closing Date
May 11, 2017 - Salem Five Bancorp and Georgetown Bancorp, Inc. announced today that they expect to close their merger transaction on May 23, 2017 ...
Salem Five Bancorp Receives Approvals to Acquire Georgetown Bancorp, Inc.
May 9, 2017 - Salem Five announced today that all regulatory approvals have been received by Salem Five Bancorp and subsidiaries to allow it to proceed with ...
Dustin Pedroia and Salem Five “Uncomplicate Hitting” for One Lucky Local Team
May 5, 2017 - Salem Five will award one Massachusetts youth baseball or softball team the chance to step up to the plate at a hitting clinic with MVP and ...
Melrose Resident Named Winner of Salem Five’s “Uncomplicate My Style” Contest
April 27, 207 - After six months of chemotherapy, Melrose resident Michele Gabree is working to get her confidence back with some style help from Salem Five ...
Ed Lomasney Joins Salem Five as Senior Vice President in Commercial Banking
April 25, 2017 - Ed Lomasney will be responsible for developing and managing a commercial portfolio of small to mid-size businesses in our marketplace ...
Maria Laverghetta Assistant Vice President, of Customer Data and Analytics
April 25, 2017 - Maria Laverghetta has joined Salem Five's team as assistant vice president and marketing manager of customer data and analytics ...
John Kucinski Joins Salem Five as Vice President of Facilities
March 24, 2017 - John will oversee all real estate, planning, design, construction, maintenance and office administrative services for all Salem Five locations ...
Beverly Resident Named Winner of Salem Five’s “Uncomplicate My Dinner” Contest
March 13, 2017 - Beverly resident Alicia Michal has a lot to manage with three young children, but with help from Salem Five, making healthy meals for her busy ...
Michael Jodoin Joins Salem Five as Vice President, Senior Loan Officer.
February 24, 2017 - Jodoin is based at the bank’s two Beverly locations and is available to work with clients on a variety of mortgage options ...
Matt Calver Joins Salem Five as Senior Loan Officer.
February 24, 2017 - Calver is based at the bank’s Peabody location at the North Shore Mall and is available to meet with clients on a flexible ...
Salem Five Helps to Simplify Life with “Uncomplicate Me” Events and Contests.
January 31, 2017 - Salem Five recognizes that people could use a little help to make it all run smoothly. Today the bank launched the “Uncomplicate Me” series ...
Salem Five Provides Lead Financing for Acquisition of Beverly Airport
January 30, 2017 - Salem Five partnered with MassDevelopment to finance the acquisition by Nicholas W. Burlingham and John M. Messenger ...
Mary-Ellen Giolito Joins Salem Five as Assistant Vice President, Market Manager.
January 29, 2017 - Mary-Ellen Giolito will oversee customer experience and business development, with a core focus on community business, at the bank’s Sudbury ...