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Salem Five Bank

Banks
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Business operations may be affected due to COVID-19. Please contact the business directly to verify hours.

Most Recent Comments

• 

  July 2021

  Odalis is a rock star! She is always willing to help and go the extra mile. I appreciate doing business with her and she deserves to be recognized.

• 

  May 2020

  4:45pm? Don't bother waiting in line at the drive thru, seem like they close their registers at 5pm sharp. Or so I was told by the lady that was at the window, who also told me that she checked the cameras so she knows what time I got there. Are you kidding me?

• 

  December 2019

  Atm is ALWAYS DOWN and it's such an inconvenience for those that don't always wanna go to the teller to take money out. Sunday it was down and again today smh they need to get that handled asap.

More Comments(15)

You May Also Like

Источник: https://www.loc8nearme.com/massachusetts/lynn/salem-five-bank/2589328/

Update:photos from the protest

Important protest at foreclosure auction:

Monday, Feb 27, 1:30 pm
13 Lowell Street, Lynn MA

Come and support Sinh, Di, Cinda, and their family.

Demand that Salem Five and Fannie Mae put people salem five bank hours lynn ma profit!

Sinh and Di are two refugees from Cambodia striving to make a better life. They were happy to find a single family home in a diverse city such as Lynn.

Sinh worked a lot of overtime to afford the home. When the economy went down, less overtime was available. Di's hours were also cut. Therefore they were unable to make the mortgage payments, which were based on an extremely inflated price.

They applied for a modification. All Salem Five Bank could offer was a trial modification with payments the family considered unaffordable.

The obvious solution is principal reduction: the bank should reduce the loan to the real value of the home. But Fannie Mae owns the loan, and refuses to allow consideration of principal reduction.

Salem Five + Fannie Mae:
Stop the Foreclosure!

Fannie Mae + Freddie Mac:
Put People Before Profit!
Reset Loans to Real Value!

President Obama:
Fire FHFA Director DeMarco!

Sinh and Di Thi bought their home (the salem five bank hours lynn ma one they've ever owned) for around $250,000 during the housing bubble. It is now worth less than half of that.

The family cannot afford the “bubble” mortgage because of a lack of available overtime -- a result of the economic collapse caused by the big banks.

The family can, however, afford the home at current value. A real modification that resets the loan to current value could prevent foreclosure; this would be good for the family, the community, and the bank itself. As a local institution, Salem Five is in a good position to understand how a foreclosure will hurt this entire neighborhood.

But Fannie Mae owns the loan, and will not allow Salem Five to even consider principal reduction. This is because of policy set by FHFA director Edward DeMarco, a holdover from the Bush administration. DeMarco seems intent on punishing struggling homeowners, despite the fact that the public owns a majority of Fannie and Freddie.

It's time for Fannie and Freddie to put people before profit, help homeowners avoid foreclosure by resetting loans to real value, and get the economy going again. It's time for DeMarco to go!

From Sinh Danh and Di Thi Son to Salem Five Bank:

. This is the first home we have owned after coming to the United States from a refugee camp on the border of Thailand and Cambodia. We worked hard to buy it and to pay our bills. But we are now facing foreclosure.

We bought this home in 2003 when prices were very high. We paid $260,000 even though it is a small house on Lowell Street. We depended on working a lot of overtime to keep up with the payments. But after a while the economy got worse, there was less work available, and our income went down. It has just salem five bank hours lynn ma been possible for us to afford the payments.

. We have lived in Lynn ever since we came to this country. We have a church nearby. We have our friends and family here in Lynn. We are part of this community regions online banking questions we do not want to leave this home.

There have been problems in the neighborhood. There have been gun shots right outside our home too many times. . There have been problems with other salem five bank hours lynn ma near us, and the police have come a lot. But this is our home and we want to stay and keep trying to work with others on our street to make the neighborhood better.

From Cinda Thi Danh to Salem Five Bank:

. I am writing on my behalf of my parents, sibilings, and I. I would like to point out that salem five bank hours lynn ma [modification] offer is quite unaffordable.

I would also like to point out that it does not specify what the modification will be after the trial payments. How can we decide what is right for our family if we do not know what you are offering? If this was your family, wouldn't you be skeptical?

You should know that in order for us to make these payments we will be struggling, eating less, and working ourselves to the bone. Would you want to live like that?

It is evident these payments are based on an inflated value that we paid for the home. You should reduce the loan to the real current value of our house. It would make it affordable for us.

This neighborhood has had multiple problems but we are the only ones willing to stay and try to improve things.

My brother, 22, will be returning from the Navy in June. He salem five bank hours lynn ma be returning with his wife and ode to the west wind imagery four year old son. It would be nice for him to be able to come back to a home that he has known and missed for the past years.

Please reconsider and place yourself in our shoes.

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Salem Five Bank

Banks
Hours:

Tips

Hours

Business operations may be affected due to COVID-19. Please contact the business directly to verify hours.

Most Recent Comments

• 

  July 2021

  Odalis is a rock star! She is always willing to help and go the extra mile. I appreciate doing business with her and she deserves to be recognized.

• 

  May 2020

  4:45pm? Don't bother waiting in line at the drive thru, seem like they close their registers at 5pm sharp. Or so I was told by the lady that was at the window, who also told me that she checked the cameras so she knows what time I got there. Are you kidding home remedies for toothache baking soda

• 

  December 2019

  Atm is ALWAYS DOWN and it's such an inconvenience for those that don't always wanna go to the teller to take money out. Sunday it was down and again today smh they need to get that handled asap.

More Comments(15)

You May Also Like

Источник: https://www.loc8nearme.com/massachusetts/lynn/salem-five-bank/2589328/

Salem five bank hours lynn ma -

Board of Directors                                   

Thomas O'Keefe

President

Tom has been in the retirement benefits and compliance industry for more than 16 years starting out as a registered representative before moving into a consultative role specializing in ERISA benefit plans. Tom most recently served as a Sr. ERISA Compliance Consultant with John Hancock.

Before working with benefit plans, Tom spent more than seven years working for a regional chamber of commerce in multiple positions focusing on sales/fundraising, program development and operation, and government relations.

Tom is a graduate of St. Anselm College, a credentialed member of the American Society of Pension Professional and Actuaries (ASPPA0) and resides in Saugus, MA with his wife and two young daughters.

Scott Brogan

Secretary

Primerica Financial Services

Scott is a Regional Vice President with Primerica Financial Services.  He is a self-employed business owner with more than 21 years’ experience in the financial services industry.  His office is located at 325 Broadway Lynn, MA 01904.  He holds a Life and Health Insurance license and is a Registered Representative and Registered Principle with PFS Investments, Inc.  He has a Series 6, 63 and 26 License and is a notary public.

He is currently serving on both the School and Endowment Boards at St. Pius V, Lynn, MA.  He is an Ambassador for the Lynn Area Chamber of Commerce and the secretary and member of the Board of Directors, Centerboard, Lynn MA.

Scott lives in Lynn, MA and is happily married with two girls.

Shawn Ford

Shawn Ford is the SVP of Commercial and Business Banking at Salem Five Bank.  Shawn is a gifted sales leader and stellar presenter, with strong proficiencies in sales force development and relationship building.  

Shawn’s knowledge of personal and business lending, salesmanship, coaching and development, and customer service has helped him achieve success in the financial sector for over 22 years, in markets from New Jersey to Maine and all markets in between.  His experience includes positions as a Market Director for HSBC, Regional Manager for Citizens Bank and presently as a Commercial Lender at Salem Five Bank.  Shawn also owns a Property Management company.

Shawn has a BS in Marketing from Plymouth State College. He enjoys volunteering with mission-driven nonprofit organizations such as Centerboard.  In his spare time, Shawn enjoys relaxing at Lake Winnipesaukee, he was born in Lynn, MA and now resides in Southern NH with his two children. 

Teri Faulisi

Massachusetts Center for Clean Energy

Teri is a self-employed Software Developer/Consultant who is currently working with the Massachusetts Center for Clean Energy on the management and development of several individual software projects.

Prior to her current role, Teri spent 10 years at Aetna, Inc., most recently in the role of Application Software Delivery Advisor, where she was a Development Lead with technical oversight of various government business projects.

Teri began her career at Medical Information Technology, Inc. (MEDITECH) where she held several roles, including Senior Programmer Applications and Product Development Analyst.  She is a graduate of the University of Massachusetts – Amherst, a resident of Lynn’s Central Square, and a member of the Central Square community for over twelve years.  

In her spare time, Teri enjoys being an “urban pioneer”; spending time at Lynn’s shore, attending art openings, theatrical events, and concerts, and participating in the Downtown Lynn neighborhood events.

Kemberly Sousa

Kemberly has an extensive sales background.  Working in the past at Citizens Bank, Santander Bank and currently as a Supervising Agent with American Income Life Insurance, Kemberly’s people skills and sales prowess have well-prepared her to engage individuals in Centerboard.  Making calls, meeting people and building relationships are part of her day to day routine. Kemberly believes that “becoming part of the family and not being a sales person” is something that has gotten her where she is today.

Kemberly is thrilled to be a part of “an amazing organization like Centerboard.” As a board member, she has helped obtain many donations for fundraising activities and events. 

Kemberly is a 6-year resident of Salem, MA, a wife to Andre Freitas for over 11 years and a mother to a four-legged daughter named Brooklyn. She is also a very proud aunt to 7 amazing little boys; two of which are autistic.  

Dolly Moser

Peoples United Bank

Dolly Moser is an Assistant Vice President and Customer Service Manager at Peoples United Bank.  Dolly enjoys being a sales leader with strong proficiencies in sales development, building relationships and contributing in building the business of several financial institutions.  

Dolly’s knowledge of coaching and development, banking, salesmanship, along with her passion for customer service has helped her achieve success in the financial sector for over 22 years, mostly in the Boston, MA market.  Her experience includes positions as a Senior Vice President and Regional Manager for Citizens Bank, Regional Manager in the Hospitality sector and presently a Customer Service Manager for Peoples United Bank.  Dolly speaks 3 different languages and has traveled the world as a Department of Defense dependent having grown up as a U.S. Army brat.

Dolly enjoys volunteering with nonprofit organizations such as Centerboard.  In her spare time, she kick-boxes and enjoys spending time with her 2 daughters. Dolly lives on the North Shore of Massachusetts. 

Toyuwa Newton

Salem Five Bank

Toyuwa has been a leader in local banking for over 17 years. For more than a decade, he has been a Vice President and Market Manager for Salem Five Bank. At Salem Five, Toyuwa manages sales activities and brings in new commercial lending and deposit relationships. Toyuwa takes special pride in recognizing, rewarding, and developing teams through training and coaching.

Before coming to Salem Five, Toyuwa was a business development officer and a branch manager for Citizens Bank, and a customer service representative for Fleet Bank.

Toyuwa has degrees in Management from Northeastern University and Executive Management from the New England School for Financial Studies at Babson College. In addition to serving on the Board of Directors at Centerboard, he has also served on the Board of Directors for Pathways, Inc. in Lynn and the Rotary Club of Swampscott, where he was a past president.

Donna Martin

Mill River Winery

Donna is the owner of Mill River Winery, a fulfillment of her dream to make award-winning wines on the East Coast.

Donna has a PhD in Chemistry with extensive experience in product development, management, marketing, and operations. She is passionate about local viticulture and making wine with an emphasis on preserving the signature flavor of each varietal.

Donna strives to support local agriculture and tourism and celebrates everything the North Shore has to offer. Mill River Winery’s wine labels exemplify New England, its rich history, beautiful coastlines, and cultural activities.

Prior to joining the wine world, Donna was employed in the chemical industry and was an Assistant Professor of Chemistry at Rhode Island College.

Martha Sotiropoulos

Cameron Prestige

Martha is a Realtor with Cameron Prestige, where she is a top producer, leader, and mentor to a team of more than 30 people. Martha values customer service and helping customers achieve their dreams and believes helping someone buy or sell a home should be a positive experience.

As a member of the Northeast Association of Realtors, Martha has served on several committees over the years and enjoys being involved with community service projects. She has worked to help local schools fill backpacks with supplies and taken part in clothing, food drives, and helping purchase holiday gifts for children in need.

Before becoming a full-time realtor, Martha worked as a real estate paralegal for 16 years, a position that helped her understand the business and make her a better Realtor.

Martha was born in Lynn and still has friends and family in the area. She lives in Chelmsford with her better half and two children. In her free time, she loves to watch football and spend time with her family.

Источник: https://centerboard.org/boardofdirectors

Salem Five Bank

Banks
Hours:

Tips

Hours

Business operations may be affected due to COVID-19. Please contact the business directly to verify hours.

Most Recent Comments

• 

  July 2021

  Odalis is a rock star! She is always willing to help and go the extra mile. I appreciate doing business with her and she deserves to be recognized.

• 

  May 2020

  4:45pm? Don't bother waiting in line at the drive thru, seem like they close their registers at 5pm sharp. Or so I was told by the lady that was at the window, who also told me that she checked the cameras so she knows what time I got there. Are you kidding me?

• 

  December 2019

  Atm is ALWAYS DOWN and it's such an inconvenience for those that don't always wanna go to the teller to take money out. Sunday it was down and again today smh they need to get that handled asap.

More Comments(15)

You May Also Like

Источник: https://www.loc8nearme.com/massachusetts/lynn/salem-five-bank/2589328/