bˈɔːɹn ɪn nˈuː hˈeɪvən, kənˈɛɾɪkət, dʒɐˈɪmoʊ wʌzðə sˈʌn əvən ˈɪmɪɡɹənt fɹʌm sˈɪsᵻli hˌuː fˈaʊndᵻd ðə sˈɪɾiz kəmjˈuːnᵻɾi bˈæŋk ænd tɹˈʌst kˈʌmpəni, wˌɪtʃ pɹəvˈaɪdᵻd lˈoʊnz tə mˈɛnɪəv hɪz fˈɛloʊ ˈɪmɪɡɹənts.
Born in New Haven, Connecticut, Giaimo was the son of an immigrant from Sicily who founded the city's Community Bank and Trust Company, which provided loans to many of his fellow immigrants.