Former football player joins Salem Five Insurance Services’ commercial insurance team

For Immediate Release - Salem, Massachusetts – January 28, 2013 – Salem Five Bank President and CEO Joseph M. Gibbons is pleased to welcome Michael McLaughlin to the commercial insurance team with the Salem Five Insurance Services division.  The former NFL linebacker will serve as a commercial lines producer where he will assist in the continued growth of the commercial insurance division.

“An accomplished team player both on the field and off, Mike will be a valuable member of our organization” says Jay Boyle, President of Salem Five Insurance Services, LLC. “While his sportsmanship was recognized at Boston College earning him the All ACC Honors for two years as well as the Pat Tillman Award, it’s his leadership and people skills that will make Mike an impact player in the insurance industry.”

Prior to joining Salem Five, McLaughlin worked at ProFence, Co. in Wilmington, Mass. where he worked in sales and project management.  After graduating from Boston College in 2009, McLaughlin spent time in the National Football League playing for both the Denver Broncos and Baltimore Ravens.

Salem Five (salemfive.com) believes better banking starts with listening. A mutual institution founded in 1855, Salem Five designs and delivers sophisticated retail and commercial banking products and services coupled with smart technology. Among the first banks in the country to offer online banking, Salem Five continues to innovate, providing banking access wherever its customers need it: online, mobile, ATMs, offices, phone, email and more. Salem Five is one of the largest Massachusetts-headquartered banks with $2.9 billion in assets, and has 23 retail branches. Salem Five Mortgage Company finances more homes statewide than any other Massachusetts bank, and has offices throughout Massachusetts, Maine and Rhode Island. Salem Five Investment Services offers financial and retirement planning, portfolio review and money management with a focus on retirement income. Salem Five Insurance Agency provides personal and commercial insurance. Stoneham Savings, a division of Salem Five Bancorp (stonesav.com), has assets over $335 million and provides a full range of financial services to individual consumers and small- and middle-market businesses through six branches in Middlesex County. Deposits are insured through the FDIC and DIF. Equal Housing Lender.