Salem Five Teams Up with Radio Station 92.5 the River

October 2017

Competition Spotlights Local Music Talent and Supports Music Education in Schools

Salem, Mass., October 18, 2017 – Salem Five is pleased to announce that is has once again partnered with radio station 92.5 the River to host the 2017 Music Matters competition, an initiative that supports music education in local schools.

The competition is open to high school student musicians and singer-songwriters. Interested students can submit a video performance of their original song, along with an explanation of why music is important to them, for a chance to win $1,500 for their school’s music department. The winner will also have the opportunity to open at Riverfeast and record their original song at the legendary River Music Hall in Haverhill. Riverfeast is the radio station’s annual benefit concert for the Greater Boston Food Bank, for which Salem Five is a presenting sponsor.

“Music Matters is more than just a competition, it’s a program that helps strengthen and expand music education in area schools,” said Jim Nelson, chief marketing officer, Salem Five. “We’re incredibly proud of the opportunities that our partnership with The River has created for the students and our communities, not to mention—it’s really fun.” 

“We’ve seen some exceptionally talented young musicians come through the Music Matters competition, and I can’t wait to see the entries we receive this year,” said Donald St. Sauveur, general manager of 92.5 The River. “Creating music is an amazing outlet for students, and we remain dedicated to keeping music programs in our local schools through our partnership with Salem Five.”


Salem Five Bancorp is the parent bank holding company of Salem Five (, 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.


James Nelson
(978) 720-5370