Alfred Barzykowski Joins Salem Five as Vice President, Senior Commercial Underwriter

April 2018

Salem, Mass., April 24, 2018 – Salem Five announced today that Alfred Barzykowski has joined its team as a vice president and senior commercial underwriter, where he will be responsible for underwriting, review, and approval of all commercial loans. He will be based at the bank’s corporate office in Salem.

Barzykowski, who has more than 15 years of banking and investment experience, previously worked as a vice president in global credit finance at State Street Bank & Trust, where he oversaw a $1.3 billion middle market loan/securitization portfolio. Prior to that, he was a vice president in commercial banking at Santander. He has held additional roles at the vice president level at Bank of America Merrill Lynch, where he worked in wealth management.

"As we continue to grow our commercial business on the North Shore, it’s essential that we have the best possible team in place," said Kevin Rourke, SVP and commercial banking division leader at Salem Five. "Al’s extensive commercial banking experience, particularly with mid-market businesses, makes him an ideal fit for Salem Five."

Barzykowski earned a bachelor’s degree in business management from Curry College and an MBA in finance from Suffolk University. He is an adjunct professor at Southern New Hampshire University and Bunker Hill Community College where he teaches undergraduate- and graduate-level courses in finance, accounting and business. Barzykowski lives in Danvers with his wife and two children.

 

Salem Five Bancorp is the parent bank holding company of Salem Five (www.salemfive.com), a mutual institution founded in 1855. Salem Five aims to make money less complicated and thereby make customers’ lives simpler and easier by offering sophisticated retail and commercial banking products, personalized service and innovative technology. Salem Five is one of the largest Massachusetts-headquartered banks with $4.7 billion in assets and 34 retail branches in Essex, Middlesex, Norfolk and Suffolk counties and New Hampshire. Divisions include Salem Five Mortgage Company, which has financed more homes than any other Massachusetts bank; Salem Five Financial which offers financial and retirement income planning, portfolio review and money management; and Salem Five Insurance Agency, which provides personal and commercial insurance. Salem Five deposits are insured through the FDIC and DIF. Salem Five Mortgage Company’s NMLS # is 4662. Equal Housing Lender. Securities are offered through LPL Financial, member FINRA/SIPC. Life insurance products are offered through LPL Financial or its licensed affiliates. Insurance and investment products are not FDIC insured, not bank guaranteed, may lose value, not a deposit, and not insured by any federal government agency.

PRESS CONTACT


James Nelson
(978) 720-5370
James.Nelson@Salemfive.com