Salem Five Cents Savings Bank, Saugus

Name:Salem Five Cents Savings Bank, Saugus
Full Service Brick and Mortar Office
Location:855 Broadway
Saugus, MA 01906

Essex County
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Branch Deposit:$68,124,000
FDIC Cert:#23296
Established:03/25/2019


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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