Insights

Sustainable Partnerships Salem Five Bancorp's partnership with The Salvation Army USA demonstrates a commitment to community involvement and social responsibility. Leveraging this goodwill can open doors for collaboration with other charitable organizations and businesses with a strong corporate social responsibility focus.

Expansion into Construction Financing The recent $14 million investment in Procopio Construction Company indicates Salem Five's interest in financing real estate and development projects. Identifying construction companies or real estate developers in need of financial assistance can present lucrative sales opportunities for the bank.

Innovative Banking Products Salem Five's introduction of 'The Open Account' showcases a commitment to innovation in consumer banking. Positioning this unique product offering to customers seeking modern and simplified banking solutions can differentiate the bank in a competitive market and attract new clients.

Key Personnel Promotions The promotion of Philip Soares to Senior Vice President highlights internal talent progression within Salem Five Bancorp. This presents an opportunity to engage with other companies going through leadership transitions and offer tailored banking solutions to support their evolving needs.

Brand Campaign 'Make Your Move' The launch of the 'Make Your Move' brand platform signals a focus on empowering customers towards financial success. Leveraging this campaign theme in sales pitches can resonate with individuals or businesses looking for a supportive financial partner to help them achieve their goals.

Salem Five Bank Tech Stack

Salem Five Bank uses 8 technology products and services including Ultimate Software, Microsoft SharePoint, Microsoft Dynamics CRM, and more. Explore Salem Five Bank's tech stack below.

  • Ultimate Software
    Applicant Tracking Systems
  • Microsoft SharePoint
    Content Management System
  • Microsoft Dynamics CRM
    Customer Relationship Management
  • Microsoft 365
    Email
  • LivePerson
    Live Chat
  • HubSpot
    Marketing Automation
  • .NET
    Programming Languages
  • JavaScript
    Programming Languages

Media & News

Salem Five Bank's Email Address Formats

Salem Five Bank uses at least 1 format(s):
Salem Five Bank Email FormatsExamplePercentage
First.Last@salemfive.comJohn.Doe@salemfive.com
93%
Last.First@salemfive.comDoe.John@salemfive.com
3%
FLast@salemfive.comJDoe@salemfive.com
2%
Last@salemfive.comDoe@salemfive.com
2%

Frequently Asked Questions

Where is Salem Five Bank's headquarters located?

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Salem Five Bank's main headquarters is located at 210 Essex St Salem, MA 01970 US. The company has employees across 4 continents, including North AmericaAsiaAfrica.

What is Salem Five Bank's phone number?

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You can contact Salem Five Bank's main corporate office by phone at +1-978-745-5555. For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Salem Five Bank's official website and social media links?

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Salem Five Bank's official website is salemfive.com and has social profiles on LinkedIn.

How much revenue does Salem Five Bank generate?

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As of July 2024, Salem Five Bank's annual revenue reached $750M.

What is Salem Five Bank's NAICS code?

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Salem Five Bank's NAICS code is 52211 - Commercial Banking.

How many employees does Salem Five Bank have currently?

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As of July 2024, Salem Five Bank has approximately 669 employees across 4 continents, including North AmericaAsiaAfrica. Key team members include Chief Risk Officer, Executive Vice President: R. N.Chief Information Officer: B. O.Chief Financial Officer: B. S.. Explore Salem Five Bank's employee directory with LeadIQ.

What industry does Salem Five Bank belong to?

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Salem Five Bank operates in the Banking industry.

What technology does Salem Five Bank use?

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Salem Five Bank's tech stack includes Ultimate SoftwareMicrosoft SharePointMicrosoft Dynamics CRMMicrosoft 365LivePersonHubSpot.NETJavaScript.

What is Salem Five Bank's email format?

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Salem Five Bank's email format typically follows the pattern of . Find more Salem Five Bank email formats with LeadIQ.

When was Salem Five Bank founded?

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Salem Five Bank was founded in 1855.
Salem Five Bank

Salem Five Bank

BankingMassachusetts, United States501-1000 Employees

*Reminder: Never include personal account information when posting on LinkedIn.*

Salem Five Bancorp is the parent company of Salem Five (www.salemfive.com), a mutual institution founded in 1855 which designs and delivers sophisticated retail and commercial banking products and services coupled with smart technology. Salem Five’s products and services all originate from its 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 banks with $5 billion in assets and 34 retail branches across northeastern Massachusetts. Salem Five deposits are insured through the FDIC. Equal Housing Lender.  

Section iconCompany Overview

Headquarters
210 Essex St Salem, MA 01970 US
Phone number
+1-978-745-5555
NAICS Code
52211 - Commercial Banking
Founded
1855
Employees
501-1000

Section iconFunding & Financials

  • $100M$1B

    Salem Five Bank's revenue is in the range of $100M$1B

Section iconFunding & Financials

  • $100M$1B

    Salem Five Bank's revenue is in the range of $100M$1B

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