Bank Branches › Banks › Salem Five Cents Savings Bank
Salem Five Cents Savings Bank
34 offices in 1 state as of June 30, 2026, down from 36 in 2020. $6.0 billion in deposits. Main office: 71 Washington St, Salem, MA. FDIC certificate 23296.
34
offices
1
states
−0
gone since 2025
+0
new since 2025
Where its offices are
Offices over time
Bank offices reporting on June 30Deposits booked at them (nominal dollars, own scale)
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 8 | $616M | |
| Jun 30 1995 | 9 | +1 | $607M |
| Jun 30 2000 | 10 | +1 | $814M |
| Jun 30 2005 | 14 | −1 | $1.3B |
| Jun 30 2010 | 21 | · | $1.8B |
| Jun 30 2015 | 30 | · | $2.8B |
| Jun 30 2020PEAK | 36 | +1 | $4.1B |
| Jun 30 2025 | 34 | · | $5.8B |
| Jun 30 2026NOW | 34 | · | $6.0B |
Open the full passbook — all 33 years ▾
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 8 | $616M | |
| Jun 30 1995 | 9 | +1 | $607M |
| Jun 30 1996 | 9 | · | $602M |
| Jun 30 1997 | 9 | · | $714M |
| Jun 30 1998 | 9 | · | $758M |
| Jun 30 1999 | 9 | · | $790M |
| Jun 30 2000 | 10 | +1 | $814M |
| Jun 30 2001 | 12 | +2 | $957M |
| Jun 30 2002 | 12 | · | $985M |
| Jun 30 2003 | 12 | · | $1.2B |
| Jun 30 2004 | 15 | +3 | $1.2B |
| Jun 30 2005 | 14 | −1 | $1.3B |
| Jun 30 2006 | 20 | +6 | $1.6B |
| Jun 30 2007 | 18 | −2 | $1.7B |
| Jun 30 2008 | 20 | +2 | $1.8B |
| Jun 30 2009 | 21 | +1 | $1.9B |
| Jun 30 2010 | 21 | · | $1.8B |
| Jun 30 2011 | 23 | +2 | $2.0B |
| Jun 30 2012 | 24 | +1 | $2.0B |
| Jun 30 2013 | 25 | +1 | $2.2B |
| Jun 30 2014 | 30 | +5 | $2.6B |
| Jun 30 2015 | 30 | · | $2.8B |
| Jun 30 2016 | 31 | +1 | $2.9B |
| Jun 30 2017 | 35 | +4 | $3.3B |
| Jun 30 2018 | 35 | · | $3.6B |
| Jun 30 2019 | 35 | · | $3.9B |
| Jun 30 2020PEAK | 36 | +1 | $4.1B |
| Jun 30 2021 | 36 | · | $4.4B |
| Jun 30 2022 | 35 | −1 | $4.8B |
| Jun 30 2023 | 35 | · | $5.0B |
| Jun 30 2024 | 34 | −1 | $5.4B |
| Jun 30 2025 | 34 | · | $5.8B |
| Jun 30 2026NOW | 34 | · | $6.0B |
Counted under FDIC certificate 23296. When one bank buys another, the bought bank's offices move onto the buyer's certificate, so a jump here is usually a merger, not a building spree. Its earlier names and the banks folded into it →
Offices with the most deposits booked
| Office | Deposits |
|---|---|
| Salem Five Cents Savings BankSalem, MA | $2.1B |
| Directbanking BranchSalem, MA | $750M |
| Swampscott BranchSwampscott, MA | $205M |
| High Street BranchDanvers, MA | $167M |
| Stoneham Main OffStoneham, MA | $163M |
| South Hamilton BranchSouth Hamilton, MA | $161M |
| Reading BranchReading, MA | $144M |
| Georgetown Head Off BrGeorgetown, MA | $136M |
| North Andover BranchNorth Andover, MA | $131M |
| EndicottDanvers, MA | $130M |
By state
| State | Offices |
|---|---|
| Massachusetts | 34 |
Top counties
| County | Offices |
|---|---|
| Essex County, MA | 20 |
| Middlesex County, MA | 12 |
| Norfolk County, MA | 1 |
| Suffolk County, MA | 1 |