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Salem, Mass., February 24, 2017 – Salem Five announced today that Michael Jodoin has joined its team as vice president, senior loan officer. Jodoin is based at the bank’s two Beverly locations and is available to work with clients on a variety of mortgage options including first time homebuyer, conventional, jumbo, Mass Housing, construction and renovation, VA and FHA loans.
Jodoin has more than 20 years of residential lending experience and is an expert on FHA and VA financing. Prior to joining Salem Five, he worked as a vice president and senior loan officer at Eastern Bank in Salem, Mass.
“Michael has a wealth of experience with a wide variety of mortgage products,” said Ed McDonald, president of Salem Five Mortgage Company. “This, coupled with his knowledge of the North Shore lending market, makes him a terrific addition to our mortgage team.”
Jodoin lives in Hamilton with his wife and two children. Michael Jodoin’s MLS# is 761784.
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.