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.Bankscome 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 rates. 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 Bank

Salem Five Bank's headquarters in Salem, MA, United States

This department focuses on managing client relationships and providing specialized support to enhance customer experience.

Client Services

This department focuses on providing various lending services for commercial clients, including business banking and underwriting.

Commercial Lending

This department provides a range of banking services and support to clients, including account management and financial advising.

Banking Services

This department specializes in facilitating and managing loan applications and approvals for residential and business banking transactions.

Mortgage Lending

This department oversees the operations and strategic direction of branch locations, ensuring business growth and customer satisfaction.

Branch Management

This department provides overall strategic direction and leadership for the organization.

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Other teams

Commercial Lending

Banking Services

Mortgage Lending

Branch Management

Executive Leadership