SALEM FIVE

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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 customersโ€™ 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 aroundโ€”and, when you come into your branch, weโ€™ll still know your name and how you take your coffee. Through our subsidiaries, Salem Five Mortgage Company, LLC, Salem Five Financialโ€”our full-service brokerage companyโ€”and Salem Five Insurance Agency, LLC, we meet the diverse financial needs of individual consumers, small businesses, and middle market companies throughout our region.

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SALEM FIVE

Social Links:

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

brian-shaughnessy_image

Brian Shaughnessy
Brian Shaughnessy Chief Financial Officer @ Salem Five
Chief Financial Officer
2020-04-01

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

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