News

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.

Dec 25
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Holiday Toy Drive

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Salem Five Bank - All Locations

Salem Five Launches Second Annual Holiday Toy Drive
November 21, 2022 - Salem Five Bank is again teaming up with The Salvation Army, Massachusetts Division to collect new, unwrapped toys for children ...
Salem Five Announces "Bright Minds" Scholarship Winners
November 14, 2022 - Three recent high school grads are recipients of the bank’s third annual scholarship program ...
Mutual Interest News - October 2022
October 2022 - Salem Five once again partnered with Northshore Magazine to present the Movers & Shakers Awards and more ...
Salem Five Named Best-In-State Banks 2022
July 18, 2022 - This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider ...
Mutual Interest News - July 2022
July 2022 - A bear market is officially here thanks largely to stubbornly high inflation. For many of us, it has probably felt like a bear market ...
Salem Five Mortgage Hires SVP/Director of Sales
June 27, 2022 - Christopher Parker appointed to Senior Vice President and Director of Sales, adding an industry veteran to lead Mortgage Sales at New England’s premier mortgage lender ...
Mutual Interest News - April 2022
April 2022 - Salem Five has secured a major sponsorship with New England Sports Network (NESN) starting this month ...
NESN and Salem Five Bank Partner on Naming Rights
April 4, 2022 - New England Sports Network and Salem Five Bank today announced a multiyear naming rights sponsorship for NESN’s signature studio in Watertown ...
Philip Soares Promoted to Team Leader of Commercial Real Estate
March 14, 2022: Salem Five Bank has promoted Senior Vice President Philip Soares to Team Leader of its Commercial Real Estate Division, taking over ...
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 ...
Mutual Interest News - January 2022
January 2022 - Salem Five Bank believes strongly in giving back to the communities we serve. This past December, we were proud ...

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 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 ...