Deanne Healey Joins Salem Five as Vice President and Market Manager

December 2017

Salem, Mass., December 19, 2017 – Salem Five announced today that Deanne Healey, the former president and CEO of the Peabody Chamber of Commerce, has joined their team as a Vice President and Market Manager. In this role, Healey will oversee customer experience, business development and operations at the bank’s two Peabody locations, The North Shore Mall and 19 Central Street.

Prior to joining Salem Five, Healey led the Peabody Chamber of Commerce for 12 years where she oversaw a full organization re-brand, developing new sponsorships and programs that helped increase the Chamber’s non-dues revenue by 250 percent. Before joining the Chamber of Commerce, Healey worked for 15 years at the ITT Sheraton Corporation as the divisional director of reservations & marketing analysis. During her tenure, Healey increased room nights booked online by 27 percent and established new pricing strategies that grew online revenue by 58 percent.

Outside of the office, Healey is an active member of the Peabody community. She is the president of the Peabody Main Streets program and a board member and chair of the Community Relations Committee for the Peabody Education Foundation. She is the past president of the Peabody Cultural Collaborative and the Massachusetts Membership Development, and a former board member of the YMCA of Metro North and Peabody Access Telecommunications, an award-winning local access television station.

Healey is also an instructor at the Young Entrepreneurs Academy where she teaches students how to start and launch their own business.  She was honored with the Torigian Family YMCA Community Champion award in 2016 and the Northeast Arc’s Community Partner of the Year award in 2014.

“A dedication to serving our local communities is a fundamental part of our values here at Salem Five,” said Joe Riley, executive vice president of retail banking services at Salem Five. “Deanne has been an integral part of the Peabody community for many years and truly understands the importance of service and building relationships. I can’t think of a person more suited to lead our team in Peabody.”

Healey earned a bachelor’s degree from the University of Massachusetts at Amherst and is a graduate of The Institute for Organization Management program. She lives in Lynnfield with her husband, two children and a Westie Terrier.

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 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.


James Nelson
(978) 720-5370