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.

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 ...

2020

Salem Five Announces “Bright Minds” Scholarship Winners
November 13, 2020 - Three recent North Shore high school graduates are the recipients of the newly created Salem Five Charitable Foundation’s Bright Minds Scholarships, which provides up to $12,000 per student ...
Sagyn LeBlanc Joins Salem Five as Senior Mortgage Loan Officer
May 18, 2020 - Salem Five announced today that Sagyn LeBlanc has joined its mortgage lending team as a senior mortgage loan officer ...
David Haley Joins Salem Five as VP, Commercial Lending
January 24, 2020 - David Haley has joined its commercial banking team as Vice President, Commercial Lending, bringing with him extensive sector expertise and ...
Salem Five Charitable Foundation Awards $46,000
January 10, 2020 - As part of its continued commitment to support and strengthen the communities it serves, Salem Five recently awarded a total of $46,000 to twenty-three area nonprofit ...
Salem Five Mortgage Company Growing with New Loan Officer Hires
January 2, 2020 - Salem Five Mortgage Company is pleased to announce the hiring of experienced loan officers to service homebuyers throughout greater Boston ...