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Salem Five Bank

2.8
  • Salem, MA

About this business

Location details

210 Essex Street, Salem, MA, 01970, United States

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WeekdayScheduleStatus
Mon9:00 a.m. to 6:00 p.m.
Tue9:00 a.m. to 6:00 p.m.
Wed9:00 a.m. to 6:00 p.m.
Thu9:00 a.m. to 6:00 p.m.
Fri9:00 a.m. to 6:00 p.m.
SatClosed
SunClosed
2.88 reviews
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Collins's profile image
Collins 
4 days ago

Cool 

Rich L's profile image
Rich L 
a month ago

I have been a customer at Salem Five for roughly 10 years. They have always been great, which is why I’m not leaving this one star review at my local branch. I spoke to my local branch manager in Wilmington about obtaining a HELOC. The current offer is 5.49% then prime after 6 months. I found a better offer with East Cambridge Savings Bank 5.49% for 12 months then prime. I asked her if they would meet Cambridge Savings Bank’s offer of the 5.49% for 12 months because I like to keep my banking in house and Salem Five has alway... read more

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BellaFlor 
4 months ago

I give it a 3 star because everytime i go cash out a housing check i get these judgment looks and yes judgment because when I cash a different check or anything related to my own account the looks are different more pleasant. If I withdraw money from my daughters account who is joint with mine for being under age they do the same judgment looks. This has made me open a different account with another bank for myself and for her I will be doing the same very soon too. At some other location when I went to cash my housing check... read more

rasy neou's profile image
rasy neou 
10 months ago

I called today in regard to a $2 charge that was hit with $35 nsf fee. I called to discuss the charge, but the representative was condescending and arrogant. I asked about their overdraft fee, since it states in their website “As a courtesy, should a transaction overdraw your account in the amount of $5.00 or less, your account will not be charged.” “According to Salem Five’s official Consumer Fee Schedule (effective September 17, 2024), it states: “We will not charge an Overdraft Fee if the amount of the overdraft is $5.00 ... read more

M B's profile image
M B 
a year ago

I tend to give everyone an opportunity when it come to doing business. This bank is a definite no. Yes I closed my account in less than 6 months. 

Frequently asked questions about Salem Five Bank

How is Salem Five Bank rated?

Salem Five Bank has a 2.8 star rating with 8 reviews. 

When is Salem Five Bank open?

Salem Five Bank is closed now. It will open tomorrow at 9:00 a.m. 

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