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Salem, Mass., October 24, 2017 – Salem Five announced today that Shawn Ford has joined its team as a Senior Vice President in the Commercial and Business Banking division, where he will work with small-to mid-sized businesses in Southern New Hampshire, Seacoast and Merrimack Valley on managing and developing commercial portfolios. Ford earned a bachelor’s degree in Marketing from Plymouth State University (NH), and has more than 20 years of banking experience from prior roles at HSBC, Eastern Bank and Citizens Bank.
“Shawn is incredibly knowledgeable in all aspects of commercial banking and has an excellent understanding of the Southern New Hampshire, Seacoast and Merrimack Valley business market,” said Kevin Rourke, Senior Vice President of commercial banking at Salem Five. “As we look to grow our presence in Southern New Hampshire, with a focus on community business, we are delighted to have Shawn join our commercial team.”
An active member of his local community, he volunteers with a number of mission-driven nonprofit organizations, including Centerboard and The Wish Project. In his spare time, Ford enjoys skiing and spending time on Lake Winnipesaukee. He lives in Litchfield, New Hampshire with his two children.
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.