Bank Branches › Massachusetts › Essex County › 87 Elm Street
Full-service office · FDIC office no. 259631
Salem Five Cents Savings Bank
87 Elm Street, Danvers, MA 01923
Last reported 2008
$52.5M
peak deposits
1996
established
—
rank in county
2
names on the sign
This office record stopped in 2008, and a new FDIC office record (office 495160) started at the same address right after. That's usually a re-filing after a merger or charter change, not a closure.
| Date | Bank on the sign | Deposits | Change |
|---|---|---|---|
| Jun 30 2026 | NOT REPORTED missing from the 2026 report (and every year since 2009) | ||
| Jun 30 2008 | Salem Five Cents Savings Bank | $45.3M | −3% |
| Jun 30 2007 | Salem Five Cents Savings Bank | $46.6M | +1% |
| Jun 30 2006 | Salem Five Cents Savings BankNEW NAME | $46.1M | −12% |
| Jun 30 2005 | Heritage Co-operative Bank | $52.5M | +1% |
| Jun 30 2004 | Heritage Co-operative Bank | $51.8M | +23% |
| Jun 30 2003 | Heritage Co-operative Bank | $42.2M | +18% |
| Jun 30 2002 | Heritage Co-operative Bank | $35.6M | +14% |
| Jun 30 2001 | Heritage Co-operative Bank | $31.3M | +62% |
| Jun 30 2000 | Heritage Co-operative Bank | $19.4M | −2% |
| Jun 30 1999 | Heritage Co-operative Bank | $19.9M | +32% |
| Jun 30 1998 | Heritage Co-operative Bank | $15.0M | +60% |
| Jun 30 1997 | Heritage Co-operative Bank | $9.4M | +3320% |
| Jun 30 1996 | Heritage Co-operative Bank | $275K | |
Nearest open offices in Essex County
- <0.1 miNorthEast Community Bank · 87 Elm St, Danvers
- 0.1 miTruNorth Bank · 48 Elm St, Danvers
- 0.2 miRockland Trust Company · 10 Elm St, Danvers
- 0.2 miWinchester Savings Bank · 44 Maple Street, Danvers
- 0.2 miManufacturers and Traders Trust Company · 1 Conant St, Danvers
- 0.2 miCitizens Bank, National Association · 17 Maple St, Danvers
- 0.4 miSalem Five Cents Savings Bank · 85 High St, Danvers
- 0.5 miBeacon Bank and Trust · 107 High St, Danvers
All banks in Essex County →
Every Salem Five Cents Savings Bank office →
What became of Salem Five Cents Savings Bank →
Names on the sign
1996–2005Heritage Co-operative Bank2006–2008Salem Five Cents Savings Bank
The FDIC office number stays with the building when banks merge or rename, so the same office appears under each owner. Follow an earlier name to see what became of that bank.
Deposits are the balances the bank assigned to this office on June 30 of each year, in nominal dollars. Source: FDIC Summary of Deposits, office (UNINUMBR) 259631.