Salem Five Insurance Recognized as the Premier Agency of the Year

April 2018

by Central Mutual Insurance Companies

Salem, Mass., April 25, 2018 – Salem Five Insurance has been recognized by Central Mutual Insurance Companies as its Premier Agency of the Year. This award is the highest overall honor in the insurance carrier’s Commercial Premier Agency program.

Founded as the Central Mutual Insurance Company in 1876, Central Insurance Companies is a property and casualty insurance carrier providing insurance for automobiles, homes, and businesses in 20 states through independent agencies like Salem Five.

“Having long-term, mutually beneficial relationships with insurance carriers like Central Mutual Insurance allows us to provide our customers with the best possible coverage for their needs at the best possible price,” said Salem Five Insurance President Gerard Boyle, Jr. “We want to thank and congratulate our talented commercial insurance and sales teams for making this award possible through all their hard work.”

Salem Five Insurance has also been recognized with the prestigious Five Star Award by the Massachusetts Association of Insurance Agents, awarded to the best agencies in the state at providing superior knowledge, service and value. It offers customers a wide range of personal and commercial insurance options through all the major regional and national insurance carriers.

Salem Five Bancorp is the parent bank holding company of Salem Five (, 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 $5 billion in assets and 35 retail branches in Essex, Middlesex, Norfolk and Suffolk counties and southern New Hampshire. Divisions include Salem Five Mortgage Company, which has financed more homes than any other Massachusetts bank; Salem Five Investment Services 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.


James Nelson
(978) 720-5370