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Find out what Salem Five is doing in the greater Boston community to see how a local bank can make a big difference. We’re proud to be working to strengthen and support Salem and beyond.
Industry Veteran Joins Salem Five to Lead a new Business Credit Team
March 3, 2025 - Salem Five has hired an experienced banker to lead the asset-based lending (ABL) initiative, which is new to the ...
2024
Salem Five Insurance Moves Gloucester Office
December 9, 2024 - Salem Five Insurance moved to a new location in Gloucester today, as part of the agency's ongoing ...
Shawn Ford to Lead Business Banking at Salem Five
November 25, 2024 - Shawn Ford has been promoted to Team Leader/Business Banking at Salem Five, bringing vast retail and commercial banking ...
2024 Annual Toy Drive
November 18, 2024 - Salem Five and The Salvation Army join forces to benefit local families in need.
Salem Five Supporting Veteran Charities
November 15, 2024 - In honor of those who served in the military, Salem Five announced that it will donate to veterans’ services charities ...
Mutual Interest News - October 2024
October 2024 - Salem Five Wealth Management & Trust president, Sean Tesoro, provides insight into the Top 5 Tips so you can have peace of mind ...
Salem Five Donates $20,000 to My Brother's Table
June 5, 2024 - Salem Five Bank recently donated $20,000 to a soup kitchen’s dining room renovation project that was launched to meet increasing ...
Mutual Interest News - April 2024
April 2024 - Help us go green and go paperless. Read our Economic Outlook for Q1 2024 and partnership with New England Sports Network (NESN) ...
Mutual Interest News - January 2024
January 2024 - The holiday season brought out our giving spirit and Salem Five has received the highest rating of five stars from Bauer Financial for ...
2023
Salem Five Charitable Foundation Surprises 13 Non-Profits
December 19, 2023 - The Salem Five Charitable Foundation has awarded $39,000 to 13 different not-for-profit organizations that provide housing, food ...
Salem Five Launches Third Annual Holiday Toy Drive
November 13, 2023 - “There’s no better feeling than helping families in need during the holiday season,” said Joe Riley ...
Salem Five Insurance Acquires Philbin Insurance Group
September 5, 2023 - Salem Five Insurance has acquired Lynnfield-based Philbin Insurance Group, which was founded in 1989 and is ...
Matt Marmen Recognized by Community Development Company
July 29, 2023 - Matt Marmen, senior vice president in Salem Five’s Commercial Banking Division, received the prestigious “Massachusetts Banker of the Year" ...
Mutual Interest News - May 2023
May 2023 - Go Green, CD and IRA specials, NESN collaboration and an Economic Insight by Sean Tesoro ...
Salem Five Steps Up to Help the Boys & Girls Club of Greater Salem
May 8, 2023 - Salem Five employees donated 142 pairs of new sneakers to the children and staff at the Boys & Girls Club of Greater Salem ...
Salem Five Insurance Acquires Nichols Insurance Agency Inc.
March 8, 2023 - This exciting partnership provides Nichols customers with more choice while maintaining the same great service that they ...
Mutual Interest News - January 2023
January 2023 - Our second annual Holiday Toy drive was a huge success. We again partnered with The Salvation Army to ...