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Salem Five Bank

4.0

About this business

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 production offices located in Massachusetts, Maine, New Hampshire and Rhode Island. Headquartered in Salem, Mass., Salem Five has br... read more

Location details

71 Washington St, Salem, MA, 01970, United States

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WeekdayScheduleStatus
Mon8:30 a.m. to 5:00 p.m.
Tue8:30 a.m. to 5:00 p.m.
Wed8:30 a.m. to 5:00 p.m.
Thu8:30 a.m. to 5:00 p.m.
Fri8:30 a.m. to 5:00 p.m.
Sat9:00 a.m. to 1:00 p.m.
SunClosed
4.031 reviews
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Eric Burwen's profile image
Eric Burwen 
5 years ago

The Salem Five Bank is dangerous for anyone considering opening a CD. Be very careful before deciding on this bank. For a long time, disinformation has been provided to their account holders. It will misinform you on their policy regarding early withdrawal of CDs. The bank provides documentation some which they know to be false. A case in point is in regards to IRA CDs where they misinform the account holder that there is an early withdrawal penalty of 4%. No exception is specified even if you die. So imagine if one of your ... read more

Greg Gibbs's profile image
Greg Gibbs 
recommend  Recommended
5 years ago

Everyone should have their Mortgage with Salem Five! Best rates best service and guarantees! 

Frequently asked questions about Salem Five Bank

How is Salem Five Bank rated?

Salem Five Bank has a 4 star rating with 31 reviews. 

When is Salem Five Bank open?

Salem Five Bank is open now. It will close at 5:00 p.m.  

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