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SALEM FIVE DIRECT

Salem Five Direct is an online division of Salem Five

Since our inception, we’ve embraced new technologies, starting with the distinction of being the first bank on the Internet in 1995. Salem Five Direct is continually seeking new and innovative ways to help our customers do business with us.

As an online division of Salem Five Cents Savings Bank, a mutually owned bank located in Salem, Massachusetts with over 160 years of banking experience, Salem Five Direct has the backing of a reputable institution. Salem Five is a full-service financial services company with the expertise and services to meet your unique needs.

Recognized Excellence

Salem Five Direct has been continuously recognized for our leading rates among online banks. We’re proud to have been recognized by Forbes Advisors as a Best Online Bank three years running.

Salem Five News

The latest updates on your Bank

History

Founded in 1855 in Salem, MA

2023 Annual Summary

A message from our President

Financials

Our commitment to stability and security

Member FDIC

Salem Five is a member of The FDIC (Federal Deposit Insurance Corporation).