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BankSonar

Salem Five Cents Savings Bank

Salem, MA · State, non-member commercial bank

61

Sonar Score

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out of 100 · from public FDIC data

Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.

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Key figures

Total assets
$8.6B
Total deposits
$6B
Branches
34
Return on assets
0.91%
Return on equity
7.99%
Charter type
State, non-member commercial bank
Established
1855
FDIC cert #
23296

How the 61 breaks down

Capital adequacyweight 40%

Capital ratio not reported.

Profitability (ROA)weight 30%

Modest but positive returns.

Return on equityweight 15%

Positive but moderate equity returns.

Scale & stabilityweight 15%

Mid-size institution.

Read the full Sonar Score methodology →

Your deposits at Salem Five Cents Savings Bank

Salem Five Cents Savings Bank is an FDIC-insured institution (Cert #23296). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →

34 branch locations

71 Washington St

Salem, MA 01970

2 E Main St

Georgetown, MA 01833

359 Main St

Stoneham, MA 02180

85 High St

Danvers, MA 01923

303 Haverhill St

Rowley, MA 01969

424 Essex St

Salem, MA 01970

2 Bay Rd

South Hamilton, MA 01982

450 Paradise Rd

Swampscott, MA 01907

88 Main St

Stoneham, MA 02180

601 Chickering Rd

North Andover, MA 01845

36 Cambridge St

Burlington, MA 01803

210 Essex St

Salem, MA 01970

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