Salem Five Bank

About Salem Five Bank

Salem Five Bank, a mutual institution founded in 1855 which designs and delivers sophisticated consumer and commercial banking products and services utilizing smart technology. Salem Five’s products and services are designed from its core belief that, with the right tools and expert service, it is possible to make money less complicated and thereby make customers’ lives simpler and easier. Among the first banks in the country to offer online banking, Salem Five continues to innovate, providing banking access wherever its customers need it: online, mobile, ATMs, offices, phone, email and more. Salem Five is one of the largest Massachusetts-headquartered mutual savings banks with approximately $4.0 billion in assets and 30 retail branches in Essex, Middlesex, Suffolk and Norfolk counties. Deposits are insured through the FDIC and DIF. Salem Five Mortgage Company finances more homes statewide than any other Massachusetts bank, and is one of the largest servicers of mortgages in New England. Salem Five Financial offers financial and retirement planning, portfolio review and money management with a focus on retirement income. Salem Five Insurance provides personal and commercial insurance. Investment and Insurance products sold through Salem Five Financial or Salem Five Insurance are not FDIC insured, not bank guaranteed, may lose value, are not a deposit and not insured by any federal government agency.


Data Analytics Intern

May 2020 Woburn, MA
“The work culture and potential for growth at Salem Five are both excellent. I've worked here two summers in a row, and now have been brought on as part-time through the semester. I've worked in all kinds of environments from co-ops at big firms in Boston to family-run small businesses and blue-collar work. I can say without hesitation that Salem Five has been my favorite work experience thus far. My managers are incredible. They hold me accountable, but also are always ready to praise good work. They also are constantly looking for ways to challenge me and/or help me to grow, but fully understand the value of having a work-life balance. My coworkers are very warm and engaging as well, and it has been easy to make friends. I would strongly recommend the company to anyone who values hard work and growth.”

personal banker

June 2019 - August 2019 Beverly, MA
“The Salem Five culture, the people truely care about what they work with and enjoy their company at work to a point where it does not feel like work anymore”
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