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  • About Salem Five Cents Savings Bank:
    Headquartered in Salem, MA, Salem Five Cents Savings Bank is the 254th largest bank in the U.S. Salem Five Cents Savings Bank is also the 6th largest bank in MA.
  • Salem Five Cents Savings Bank has, across the country, 19 branches. Salem Five Cents Savings Bank has 407 full-time employees working for it.
  • SALEM FIVE BANCORP, the holding company of Salem Five Cents Savings Bank, was established on 3/9/1855.
  • Salem Five Cents Savings Bank has a net operating income of $3 Million. Salem Five Cents Savings Bank also has $2.9 Billion in total assets.
  • Salem Five Cents Savings Bank is one of the many FDIC-insured banks in the U.S. - if you're looking for the best CD Rates, having several banks bid against each other is one of the most efficient ways to get great rates. Try it out now by running a free auction: Compare Salem Five Cents Savings Bank to MoneyAisle's Live Auction CD rates.

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Salem Five Cents Savings Bank - Fast Facts

  • Bank Legal Name: Salem Five Cents Savings Bank
  • FDIC #: 23296
  • Headquarters: Salem, MA
  • Date Established: March 09, 1855

SALEM FIVE BANCORP - Financials

SALEM FIVE BANCORP is the holding company for Salem Five Cents Savings Bank (FDIC #23296). Financials below apply to SALEM FIVE BANCORP holding company.

Q4-08 Q1-09 Change
Rank in US by Asset Size 251 254 3
Total Assets $2,846 M $2,879 M $34 M
Cash & Balances Due from Depository Institution $54 M $186 M $132 M
Total Deposits $1,895 M $1,940 M $46 M
Total Liabilities $2,622 M $2,655 M $34 M
Net Operating Income $8 M $3 M $5 M
Net Interest Income $64 M $16 M $48 M
Branches 19 19 0
Employees 412 407 5

Data from FDIC as of 12/31/2008 and 3/31/2009