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Salem Five Cents Savings Bank Locations & Branches Salem, Massachusetts

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Salem Five Cents Savings Bank operates 34 branches from its headquarters in Salem, MA, .

Salem Five Cents Savings Bank branch network

All 34 branches are in MASSACHUSETTS, across 26 cities. Salem, MA has the most of its branches, 3. Its largest office by deposits is its main office in Salem, MA, with $2.15B (35.5% of its branch deposits). It had the same number of branches on June 30, 2025.

Salem Five Cents Savings Bank at a glance

Its CET1 capital ratio was 13.21% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.

Total assets, Q2 2026
$8.82B
CET1 ratio, Q2 2026
13.21%
Deposit insurance
FDIC
Regulator
FDIC
Latest call report
Q2 2026, FFIEC 041
Established
1855

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Other banks with branches in: Boston, MA

Deposit market share

Share of all FDIC-insured deposits held in each area, from the June 30, 2026 Summary of Deposits. Rank 1 is the largest holder. Shares are by bank charter, not by holding company.

Area Rank Deposit share Deposits
City: Salem, MA (3 branches) 1 of 9 71.5% $3.01B
State: MA (34 branches) 10 of 112 0.9% $6.04B

Ranked by total assets among banks headquartered in the state: Largest banks in Massachusetts.

Share by county and metro area

Salem Five Cents Savings Bank's share of FDIC-insured deposits in the counties and metro areas where it has branches, from the June 30, 2026 Summary of Deposits. Up to the ten largest of each are shown, by the bank's deposits. Rank 1 is the largest holder. Banks only: credit unions are not in the Summary of Deposits.

Counties

County Rank Deposit share Deposits County total
Essex, MA (20 branches) 1 of 32 15.0% $4.73B $31.46B
Middlesex, MA (12 branches) 20 of 42 1.4% $1.15B $83.13B
Norfolk, MA (1 branch) 31 of 35 0.2% $94.0M $50.19B
Suffolk, MA (1 branch) 26 of 35 <0.1% $77.5M $381.68B

Metro areas

Metro area Rank Deposit share Deposits Metro total
Boston-Cambridge-Newton, MA-NH (34 branches) 10 of 99 1.0% $6.04B $580.15B
Branch Location ZIP Deposits
Salem Five Cents Savings Bank (main office)
Salem, MA
01970 $2.15B
Directbanking Branch
Salem, MA
01970 $749.9M
Swampscott Branch
Swampscott, MA
01907 $204.8M
High Street Branch
Danvers, MA
01923 $166.6M
Stoneham Main Off
Stoneham, MA
02180 $162.8M
South Hamilton Branch
South Hamilton, MA
01982 $160.9M
Reading Branch
Reading, MA
01867 $143.9M
Georgetown Head Off Br
Georgetown, MA
01833 $135.6M
North Andover Branch
North Andover, MA
01845 $131.1M
Endicott
Danvers, MA
01923 $130.4M
Rogers Street Branch
Lowell, MA
01852 $129.7M
North Andover Branch
North Andover, MA
01845 $127.4M
Middleton
Middleton, MA
01949 $119.6M
Salem Branch
Salem, MA
01970 $115.4M
Stoneham Branch
Stoneham, MA
02180 $102.0M
Boston Street Lynn Branch
Lynn, MA
01904 $100.3M
Woburn Branch
Woburn, MA
01801 $95.7M
Needham Branch
Needham, MA
02492 $94.0M
Burlington Branch
Burlington, MA
01803 $93.6M
Beverly Branch
Beverly, MA
01915 $92.8M
Sudbury Branch
Sudbury, MA
01776 $88.9M
Malden Branch
Malden, MA
02148 $80.0M
Boston Branch
Boston, MA
02108 $77.5M
Main Street Branch
Tewksbury, MA
01876 $75.6M
Saugus
Saugus, MA
01906 $74.1M
Marblehead Branch
Marblehead, MA
01945 $69.6M
Rowley Branch
Rowley, MA
01969 $69.4M
Bedford Branch
Bedford, MA
01730 $68.5M
Billerica Branch
North Billerica, MA
01862 $55.0M
Wilmington Branch Office
Wilmington, MA
01887 $51.4M
South Peabody
Peabody, MA
01960 $44.8M
Beverly Farms Branch
Beverly, MA
01915 $38.8M
Peabody Square Branch
Peabody, MA
01960 $32.2M
South Beverly Branch
Beverly, MA
01915 $17.4M

Source: FDIC Summary of Deposits, June 30, 2026. How the survey works.