SALEM – Salem Five Bank is again teaming up with The Salvation Army, Massachusetts Division to collect new, unwrapped toys for children in need across eastern Massachusetts this holiday season, the bank announced today.
All Salem Five branch locations, as well as its corporate headquarters in Salem and insurance headquarters in Woburn, will serve as drop-off locations starting today and lasting through Dec. 24. As one of the largest social service providers, The Salvation Army will gather and distribute the toys to children throughout the region.
“Salem Five looks forward to this event each year. Our customers and employees enjoy shopping for toys that will bring smiles to children’s faces,” said Helen Topor, Executive Vice President, Director of Human Resources at Salem Five. “Based upon the success of our previous toy drives, we’re hoping we can help make the holidays magical for even more young people in our region.”
Unfortunately, it is a reality that many local families continue to struggle with basic needs. As the largest private provider of social services, The Salvation Army remains focused on ensuring that children and families in need will have food on the table, Christmas gifts to unwrap, and afford to pay the bills to keep them in their homes. Receiving toys during this special time of year can make the holidays a bit brighter for them by delivering hope and putting smiles on young faces.
“We are pleased to partner once again with Salem Five to better serve Essex and Middlesex counties this holiday season,” said Major Elijah O. Kahn, General Secretary, The Salvation Army, Massachusetts Division. “With Salem Five’s branch network and passion for the cause, we are anticipating another strong turnout.”
For more information on the toy drive, including toy ideas and drop-off locations, visit www.salemfive.com/holiday.
About Salem Five Bank
Salem Five Bancorp is the holding company of Salem Five (www.salemfive.com), a mutual bank founded in 1855. Whatever the need and whatever the goal, Salem Five’s banking, investment and insurance professionals have the expertise to move customers forward. Salem Five has almost $8 billion in assets and 33 retail branches in Essex, Middlesex, Norfolk and Suffolk counties. Divisions include Salem Five Mortgage Company, one of the largest mortgage lenders headquartered in New England; Salem Five Wealth Management & Trust offering fiduciary wealth management services to institutions and high-net-worth individuals; and Salem Five Insurance Services, which provides personal and commercial insurance. Salem Five deposits are insured through the FDIC. 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.