Erin Silva Joins Salem Five as Vice President, Product Manager

Salem, Mass., September 3, 2019 –Salem Five Bank announced today that Erin Silva has joined its team as Vice President and Product Manager, handling the development, management and optimization of consumer and business deposit products and services. Silva brings over two decades of experience to the position. 

“I was drawn to Salem Five because of its unique size and culture,” said Silva. “We are in a position to offer competitive products and services while still maintaining a personalized customer experience and commitment to our community. I look forward to growing with an organization focused on its customers, employees and community.”

Prior to joining Salem Five, Silva served as Vice President and Retail Information Manager at Eastern Bank, where she oversaw her division’s data needs, staffing models, sales performance and budget. Her long tenure at Eastern from 2001-2019 consisted of a variety of leadership roles, which allowed her to hone her product management and marketing expertise.

“Erin’s experience brings great perspective to our team” said Jim Nelson Senior Vice President and Chief Marketing Officer “her focus on building long-term relationships with customers aligns with our commitment to delivering great customer experiences – we’re thrilled to have her.”

Silva received her bachelor’s degree from Salem State University. She currently resides in Peabody, MA with her husband and two children.

Madeline Lenahan
Phone (617) 337-9501

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. Divisions include Salem Five Mortgage Company, which has financed more homes than any other Massachusetts bank; Salem Five Investment Services 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.


(800) 850-5000