Salem Five Cents Savings Bank

Salem Five Cents Savings Bank
71 Washington St
Salem, MA 01970

Status: Active
Concentration:Commercial Lending Specialization
Established:03/09/1855
FDIC Insurance:01/02/1981
FDIC Cert:#23296
Holden By:SALEM FIVE BCORP
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:35, ranked #231
Website:http://www.salemfive.com
Total Assets:$7,291,012,000, ranked #216
Total Deposits:$5,127,868,000, ranked #236
Total Equity Capital:$821,150,000, ranked #200
Total Domestic Deposits:$5,127,868,000, ranked #235
Net Income:$63,405,000, ranked #233
Quarterly Net Income:$15,682,000, ranked #216
Return on Assets:1%, ranked #943
Quarterly Return on Assets:1%, ranked #838
Return on Equity:8%, ranked #2860
Quarterly Return on Equity:8%, ranked #2464

Financial Information (2023-12-31 and Older)