Salem Five Bank Overview

  • Service
  • Commercial Bank

  • Year Founded
  • 1855

Year Founded

  • Professionals
  • 637

Professionals

  • Financed Companies
  • 110

  • Financings
  • 118

Salem Five Bank General Information

Description

Established in 1855, Salem Five Bank is a commercial bank headquartered in Salem, Massachusetts. The bank provides small business administration loans, term loans, lines of credit, real estate financing, and aviation financing. Additionally, the bank also offers cash management, merchant, and investment services.

Contact Information

Formerly Known As
Nickel Bank
Year Founded
1855
Service Provider Type
Commercial Bank
Corporate Office
  • 210 Essex Street
  • Pedestrian Mall Walkway
  • Salem, MA 01970
  • United States
+1 (800)

Salem Five Bank Financings

Company Name Financing Date Debt/Deal Date Debt/Deal Amount
Quality First Home Improvement May 2024
Crestline Plastics Nov 2023
Tomo's Tackle Nov 2023
Koiles Pratt Family Law Group Sep 2023
Sterling Homes Development Sep 2023
Northeast Facility Solutions Sep 2023
Inch By Inch Child Care Sep 2023
K Security Systems Aug 2023
Smolak & Vaughan Jun 2023
South Boston Family Dental May 2023
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Salem Five Bank Co-Lenders (1)

Lender Lender Type Lender Location Total Shared Financings Last Shared Financing
Gemini Investors Lender Wellesley, MA 1
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Salem Five Bank Investment Preferences

Preferred Industries Preferred Verticals Preferred Deal Types Geographic Preferences Transaction Amount

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Salem Five Bank Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Salem Five Insurance Woburn, MA 1855

Salem Five Bank FAQs

  • When was Salem Five Bank founded?

    Salem Five Bank was founded in 1855.

  • Where is Salem Five Bank headquartered?

    Salem Five Bank is headquartered in Salem, MA.

  • What is the size of Salem Five Bank?

    Salem Five Bank total number of employees/professionals is 637.

  • What service provider type is Salem Five Bank?

    Salem Five Bank's service provider type is Commercial Bank.

  • What companies has Salem Five Bank invested in or acquired?

    Salem Five Bank has invested in or acquired companies like Nichols Insurance Agency (Massachusetts), Cavanaugh Insurance Agency, and Elliot Whittier Insurance Services.

  • What are Salem Five Bank subsidiaries?

    Salem Five Insurance is a subsidiary of Salem Five Bank.

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