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Salem, Mass., February 24, 2017 – Salem Five announced today that Matt Calver has joined its team as a senior loan officer. Calver is based at the bank’s Peabody location at the North Shore Mall and is available to meet with clients on a flexible schedule regarding home purchases, refinancing and construction and renovation loans.
Calver has more than 20 years of residential lending experience and is an expert in conventional and government financing. Prior to joining Salem Five, he worked as a senior loan officer at Prospect Mortgage and Sage Bank.
“Matt’s wide range of residential lending experience will be an excellent asset to our growing mortgage team,” said Ed McDonald, president of Salem Five Mortgage Company. “His understanding of the local market and presence in the community make him an excellent fit for our North Shore Mall store.”
Calver earned a bachelor’s degree with a concentration in real estate from the University of Connecticut. He is a member of the Peabody Chamber of Commerce and the North Shore Board of Realtors. He lives in Peabody with his family.
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.