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Salem Five Cents Savings Bank

Address
71 Washington St Salem MA 01970
Phone
(978) 744-5450
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Average Rating
3
Total Reviews
(5)
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  1. 1 Star
  2. 2 Stars
  3. 3 Stars
  4. 4 Stars
  5. 5 Stars
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Contact Us

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Toll Free
(800) 850-5000

Business Hours

Status: Open

Sunday
11:00am-3:00pm
Monday
8:00am-5:00pm
Tuesday
8:00am-5:00pm
Wednesday
8:00am-5:00pm
Thursday
8:00am-7:00pm
Friday
8:00am-7:00pm
Saturday
8:00am-1:00pm

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What the community has to say about Salem Five Cents Savings Bank

Information about this business (3)

Established in 1855, Salem Five is an approximately $2 billion dollar provider of consumer and commercial banking services. Salem Five Mortgage Company services another $1.5 billion in mortgage loans for investors. Salem Five Investment Services provides investment and insurance services and products. The company is a licensed mortgage lender in five New England states and Florida, and has loan...

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Founded in 1855 and headquartered in Salem, Mass., Salem Five Cents Savings Bank was known as the Nickel Bank because the first day's deposits ranged from five cents and upward. Throughout the Civil War, two World Wars and the Great Depression, Salem Five Cent Savings Bank has offered financial services to the residents of greater Salem and surrounding areas. The bank offers an array of...

Reviews of this business (5)

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3 stars
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Other reviews from the web (5)

Average Rating
60

I've been a mortgage customer at Salem Five off and on since 1993. My loan officer Barry S. is the absolute best and has provided a high level of service and a good rate on both of my mortgages. I never really had a beef with the bank until recently. This one is related to fees. It's pretty normal for banks to …

Average Rating
100

Love Salem Five on Washington Street! They are friendly, astute and expedient. Prior to opening my accounts with Salem Five, I never get it much thought about my banking experiences. I have since learned that there really is nothing like someone knowing your name coming into the bank and welcoming you! I also appreciate their attentiveness toward any type of transaction. They are amazing!

Average Rating
100

Eric Lewis at the 71 Washington St, Salem, MA location was a great help when I opened my new Star Checking Account. Very informative, and answered all the questions I had in great detail.

Average Rating
40

I have never had a bad experience with this company until recently. Normally I recommend them to everyone. I recently order replacement checks from them and choose the fast shipping method. After placing the order I received an email saying g my order was received. They were supposed to be there in four …

Average Rating
20

After reading the other reviews, it looks like I am not the only one who has problems with this bank. Ever since they changed Stoneham Savings Bank over to the Salem Five software system, we have had nothing but problems. I help with my husband's finances for his business and get this: every time he …

Business description (2)

Established in 1855, Salem Five is an approximately $2 billion dollar provider of consumer and commercial banking services. Salem Five Mortgage Company services another $1.5 billion in mortgage loans for investors. Salem Five Investment Services provides investment and insurance services and products. The company is a licensed mortgage lender in five New England states and Florida, and has loan...

Salem Five is located at 71 Washington St, Salem, MA. This location is in the Downtown Salem neighborhood. This business specializes in Banks.

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