SALEM FIVE
Salem Five is a traditional American bank founded in 1855. The bank provides financial services including private banking, checking, deposit, and savings accounts. At Salem Five, we make banking better by listening, building strong relationships, and constantly innovating. Working hand in hand, we can meet your needs like no other bank. Banks come in all sizes. Tiny, local banks will always know their customers’ names, but lack the resources to offer a full suite of services at competitive r... ates. In contrast, huge corporations can leverage powerful resources, but lack commitment to community and a personal touch. Salem Five is just the right size. With over 160 years of service to the greater Boston area, 34 local stores, and assets in excess of $4.7 billion, we offer a full suite of products and services at the best rates around—and, when you come into your branch, we’ll still know your name and how you take your coffee. Through our subsidiaries, Salem Five Mortgage Company, LLC, Salem Five Financial—our full-service brokerage company—and Salem Five Insurance Agency, LLC, we meet the diverse financial needs of individual consumers, small businesses, and middle market companies throughout our region.
SALEM FIVE
Industry:
Banking Finance Financial Services
Founded:
1855-01-01
Status:
Active
Contact:
(978) 744-5450
Technology used in webpage:
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Current Employees Featured
Acquisitions List
| Date | Company | Article | Price |
|---|---|---|---|
| 2018-05-01 | Sage Bank | Sage Bank acquired by Salem Five | N/A |
Investments List
| Date | Company | Article | Money raised |
|---|---|---|---|
| 2021-11-23 | Stran Promotional Solutions | Salem Five investment in Post-IPO Debt - Stran Promotional Solutions | 7 M USD |