Banking today does not only mean to offer traditional banking products but to innovate different ideas and products which are very much different form others and suited to all classes of people. It also includes providing different arrays of exemplary products and excellent customer services. Banks are now providing almost all the financial products under one roof either themselves or with their associates and with joint ventures. One of the foremost names in such category is Salem Five. As the bank was formed in Salem, Massachusetts in the year 1855, it got its name Salem. Since its inception the bank has many ups and downs in its working area but remained as strong as it is today. In difficult times when many industrial organizations left Salem looking for cheap labor, the bank kept its ground firm and supported in rebuilding the area. As a result of that today, it is one of the strongest and well capitalized bank in the USA. It not only provides the banking services but assists in community services as well. In the year 1914 when the major part of the Salem city was destroyed by the devastating fire, the bank played an important role in rebuilding the city. The bank has funded many community oriented programs. With his virtue the bank is among the toppers in bank reviews.

On the banking front, the bank is famous for its customer oriented services. It has got a well trained staff that is devoted to serve the customers better. Twenty four hours telephone customer care, banking over internet and ATM banking are few of the examples which show that bank’s resolve to provide outstanding customer services. Today, the bank has more than 2500 ATMs across the country. With the help these services, the customer can access bank’s products and services at their own convenience at any time and any where. The bank, with the help of its innovative products and exemplary services, holds assets more than $2.8 billion. With help of its subsidiaries the bank provides mortgage, investment and insurance services. The bank also offers depository services. All the deposits are insured with FDIC. The bank also strives to invent new products and now it has introduced external fund transfer through online banking. It is one of the newest ideas in the banking sector. It is treated one of the most consumer friendly banks in the country.

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Other Details:

Website: www.salemfive.com

Phone Number: 1.800.322.2265/ (978) 745-7787/(800) 255-7787

Address: 210 Essex Street, Salem, MA 01970
Minimum Balance: www.salemfive.com

Interest: www.salemfive.com

Current Savings Account Rates: www.salemfive.com

Current CD Rates: www.salemfive.com