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Salem Five history
Salem Five company history timeline
Founded in 1855 in Salem, MA
Salem Five has built a reputation as the leading bank on Boston's North Shore throughout the 20th century, playing a major role in the rebuilding of Salem after the Great Fire of 1914, which ravaged much of the city.
In the 1950's, when the city's largest employers left in search of cheap labor, Salem Five funded the restoration of the great mills, which today have been converted into offices and light manufacturing.
Salem Five was a major force behind the revitalization of downtown Salem in the 1970's and 80's and, as a driving force in Salem's waterfront development efforts, funded the transformation of Pickering Wharf into a flourishing commercial, residential and recreational shopping area.
All the while, we’ve embraced new technologies, starting with the distinction of being the first bank on the internet in 1995 and continually seeking new and innovative ways to help our customers do business with us.
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Salem Five competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| can not find info | 1839 | $31.9B | 2,204 | - |
| Stifel Financial | 1890 | $49.8M | 7,100 | 141 |
| BNY Mellon | 2007 | $16.4B | 48,400 | 1,324 |
| Mechanics Cooperative Bank | 1877 | $25.3M | 20 | 6 |
| Putnam Investments | 1937 | $350.0M | 1,701 | - |
| Federal Deposit Insurance | 1933 | $5.5B | 5,977 | - |
| Ssga | - | - | - | - |
| Mercantil Commercebank | 1979 | $210.0M | 750 | - |
| OnDeck | 2006 | $444.5M | 500 | - |
| LGE Community Credit Union | 1951 | $38.5M | 100 | 2 |
Salem Five history FAQs
Zippia gives an in-depth look into the details of Salem Five, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Salem Five. The employee data is based on information from people who have self-reported their past or current employments at Salem Five. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Salem Five. The data presented on this page does not represent the view of Salem Five and its employees or that of Zippia.
Salem Five may also be known as or be related to Salem Five, Salem Five Bancorp, Salem Five Bank and Salem Five Cents Savings Bank.