Salem Five Cents Savings Bank
Chartered Bank Active FDIC Insured
Health Score
9.1 / 10
71 Washington St, Salem, MA 01970
Financial Overview
Total Assets $8.57B
Total Deposits $6.01B
Profitability (ROA) 0.91%
Shareholder Return (ROE) 7.99%
Capital Cushion (Eq/Assets) 11.50%
Established 03/09/1855
Risk & Growth Profiles
✓ Clean Regulatory Record
No recent history of FDIC conservatorship or financial failure.
Deposit Momentum
$176.7M avg deposits per branch.
Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.
Operations & Contact
Contact
Website: http://www.salemfive.com
FDIC Certificate #: 23296
Specialization: Commercial Lending Specialization