Salem Five Bank Information

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Summary

Salem Five Bank is a private company that has been in the industry for 171 years. The company currently specializes in the Financial Services, Banks, Diversified Financial Services, Mortgage Finance areas. The position of the President & CEO is occupied by Ping Yin Chai. Its headquarters is located at Salem, Massachusetts, USA. The number of employees ranges from 500 to 1.0K. The annual revenue of Salem Five Bank varies between 25M and 100M. To connect with Salem Five Bank employee register on SignalHire.

Organization Website

salemfive.com

Social Links

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Phone Number

(800) 850-5000

Industries

Headquarters Location

210 Essex St, Salem, MA, 01970 US

Employees Size

500-1000 employees

Specialties

consumer and commercial banking, mortgage lending, insurance services, investment services, small business lending

SIC Code

6199, 6162

DMA Code

Greater Boston

Founded

1855

Estimated Annual Revenue

$25M - 100M

Operating Status

Independent Company

Competitors

Founded
Type
Employees
Revenue
Funding
1818Privately
Held
1.0K - 5.0K 605.3M $1.8B
1988Public
Company
500 - 1.0K 155.8M $60M
1849Public
Company
5.0K - 10K 2.9B $350M
1907Public
Company
1.0K - 5.0K 121.2M $0

Employees Turnover 4 quarter 2025

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Length of Employment
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Employee tenure at Salem Five Bank shows a diverse range of experience levels:
2% have been with the company for less than 1 year16% for 1–2 years11% for 3–4 years9% for 5–7 years7% for 8–10 years55% have over 11 years of service at Salem Five Bank
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FAQ

Salem Five Bank operates in the Finance, Financial Services industries. More details can be found on the official website: salemfive.com.
The headquarters of Salem Five Bank are located in Salem, United States.
The current CEO of Salem Five Bank is Ping Yin Chai
You can contact Salem Five Bank by phone at (800) 850-5000.
Salem Five Bank currently employs 500-1000 people.
Salem Five Bank's revenue is approximately 60M.
Well-known competitors of Salem Five Bank include Eastern Bank, Enterprise Bank (Enterprise Bancorp), Comerica Bank and Rockland Trust.

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