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Salem Five’s Joe Scianatico Honored with Award

March 2018

Salem Five's Joe Scianatico Honored with Lynn Area
Chamber of Commerce "Volunteer of the Year" Award

Salem, Mass., March 7, 2018 – Salem Five is pleased to announce that Joe Scianatico, an assistant vice president and market manager of the bank's two Lynn retail locations, has been recognized for his contributions to the local community by the Lynn Area Chamber of Commerce with its "Volunteer of the Year" award. Joe was honored with the award at the Chamber's Annual Meeting & Business Excellence Awards event earlier in February.

Scianatico, who has worked for Salem Five since 2014, is an active member of the Lynn community, and is particularly focused on supporting youth and education programs. He serves as a member of the board at the Lynn Boys and Girls Club; The Real Program, a nonprofit organization that promotes child literacy in Lynn; St. Pius V School; and Family and Children's Services of Greater Lynn.

"A deep commitment to serving our communities is at the heart of our values at Salem Five," said Joe Riley, executive vice president of Retail Banking Services at Salem Five. "No one embodies this value more than Joe. We're incredibly proud of his efforts to serve others and we're delighted to have him representing Salem Five in Lynn."

Scianatico is also a dedicated supporter of the Lynn Area Chamber of Commerce, and currently serves as the treasurer on its executive board and as a member of the golf and young professionals committees. He lives in Marblehead with his wife and daughter.

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.


James Nelson
(978) 720-5370