Salem Five Cents Savings Bank, Peabody Square Branch

Name:Salem Five Cents Savings Bank, Peabody Square Branch
Full Service Brick and Mortar Office
Location:One Main Street
Peabody, MA 01960

Essex County
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Branch Deposit:$37,276,000
FDIC Cert:#23296
Established:06/29/2020


The Bank

Name:Salem Five Cents Savings Bank
Concentration:Commercial Lending Specialization
Established:03/09/1855
FDIC Insurance:01/02/1981
Holden By:SALEM FIVE BCORP
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:35, view all, view on map
Website:http://www.salemfive.com
Total Assets:$7,291,012,000
Total Deposits:$5,127,868,000
Total Equity Capital:$821,150,000
Total Domestic Office Deposits:$5,127,868,000
Net Income:$63,405,000
Quarterly Net Income:$15,682,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:8%
Quarterly Return on Equity:8%
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Banks Nearby

North Shore Bank, a Co-operative Bank, PEABODY BRANCH (0.1 miles)
Full Service Brick and Mortar Office
32 Main St
Peabody, MA 01960
Eastern Bank, FOSTER STREET PEABODY BRANCH (0.1 miles)
Full Service Brick and Mortar Office
37 Foster St
Peabody, MA 01960
Manufacturers and Traders Trust Company, PEABODY BRANCH (0.1 miles)
Full Service Brick and Mortar Office
2 Central St
Peabody, MA 01960
Citizens Bank, PEABODY SHOP & SHOP BRANCH (0.5 miles)
Full Service Retail Office
19 Howley St
Peabody, MA 01960
Salem Five Cents Savings Bank, SALEM BRANCH (1.2 miles)
Full Service Brick and Mortar Office
424 Essex St
Salem, MA 01970

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