Salem, MA
Bank Salem Five Cents Savings Bank
Salem Five Cents Savings Bank is a federally insured bank based in Salem, Massachusetts.
- Type
- Bank
- Charter
- State-chartered commercial bank, not a Federal Reserve member
- Primary regulator
- FDIC
- Established
- March 9, 1855
- Headquarters
- Salem, MA
- FDIC certificate #
- 23296
- Fed RSSD ID
- 618807
- Holding company
- Salem Five Bcorp
- Website
- www.salemfive.com
$8.57B
Total assets Data as of Q1 2026
$6.01B
Total deposits Data as of Q1 2026
34
Branch locations Data as of Q1 2026
$19.5M
Net income Data as of Q1 2026
0.91%
Return on assets Data as of Q1 2026
Source: U.S. FDIC BankFind & NCUA 5300 Call Report (public data). Data sources · Data as of Q1 2026
Branches by state
Salem Five Cents Savings Bank operates 34 branch locations in Massachusetts. Select a state to drill down to its towns and individual branches.
Ownership
Salem Five Cents Savings Bank is owned by Salem Five Bcorp. See the full ownership & merger history.
Salem Five Cents Savings Bank financial summary
Other banks in Massachusetts
Federally insured banks headquartered in Massachusetts, by total assets.
- State Street Bank and Trust Company $386.55B
- Eastern Bank $30.62B
- Rockland Trust Company $24.79B
- Beacon Bank and Trust $22.18B
- Needham Bank $7.17B
- Cambridge Savings Bank $6.91B
- Middlesex Savings Bank $6.15B
- The Cape Cod Five Cents Savings Bank $5.46B
Similar-size banks
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