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Youssef Yassine Joins Salem Five as a Loan Officer in Plymouth Office

May 2017

Salem, Mass., May 30, 2017 – Salem Five announced today that Youssef Yassine has joined its team as a loan officer. Yassine is based at the bank’s Plymouth, Mass. office and will work with clients to determine the best loan options for their unique needs and offer advice to help them reach their financial goals.

Yassine has more than 10 years of mortgage and personal banking experience. Prior to joining Salem Five, he worked as a mortgage development officer at Santander Bank. He has held additional mortgage lending roles at Citizens Bank, Countrywide Mortgage and Ameriquest Mortgage.

“Youssef has a wealth of mortgage knowledge and a fantastic reputation for providing exceptional client service,” said Ed McDonald, president of Salem Five Mortgage Company. “This, coupled with his extensive knowledge of the Southeastern Massachusetts lending market, makes him a terrific addition to our growing team in Plymouth.”

Yassine earned a bachelor’s degree in linguistics from the State University of New York at Albany and holds licenses to sell securities, mutual funds and annuities, and life, accident and health insurance. Yassine lives in Pembroke with his wife and two children, where he is an active volunteer in youth sports. His MLS number is 706928.

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