William Dorcena Joins Salem Five as Bank is Named Approved Lender for the City of Boston
Salem, Mass., January 28, 2019 – Salem Five announced today that William Dorcena joined its team as a senior loan officer, based out of its Boston office at 52 Congress Street. Dorcena joins the Bank as they are named an approved lender for the City of Boston. Dorcena comes with years of experience working with homebuyers in the city and is skilled in all mortgage programs, including those offered through the Boston Home Center.
Dorcena started his professional career in financial services at John Hancock where he managed notable initiatives for the company, including its sponsorships of the Boston and New York City Marathons. “Will’s commitment to excellence, extensive experience and strong community ties make him the perfect fit to grow our lending presence in Boston,” said Ed McDonald, president of Salem Five Mortgage. “He has the skillset to assist anyone with purchasing a home, from first-time homebuyers to those looking to downsize. His focus is always to ensure that his clients make the best decisions for their needs.”
A former trustee of Roxbury Community College and past board member of the New England Press Association, Dorcena completed his undergraduate studies at Boston College’s Carroll School of Management and earned an MBA in entrepreneurship and global management from Babson College’s Olin Graduate School of Business.
A Dorchester native, Dorcena now resides in Hyde Park with his wife and two children, where he is an active member of the community, coaching youth sports and continuing work with area non-profits.
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 $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.