Salem Five Cents Savings Bank

Details Salem Five Cents Savings Bank Salem Five Cents Savings Bank

www.salemfive.com

Massachusetts

Essex

Salem

(SB) Savings banks, state charter

active

23296

1855

FDIC Certificate Number: 23296
FDIC's unique number: 16329
The FDIC Field Office where an institution is physically located: North Boston

Federal Reserve ID Number: 618807
Report Date: 2011-06-30

Bank Charter Class: SB

Number of Domestic Offices: 23
Number of Foreign Offices: 0
The date of the last data update: 2011-07-11

1855-03-09 Institution established but was not FDIC insured. Original name: Salem Five Cents Savings Bank.
1981-01-02 Became FDIC insured.
1981-01-02 FDIC certificate number changed to .
2006-02-10 Acquired Heritage Co-operative Bank in Salem, Massachusetts.
2006-02-10 Changed organization type to Stock Savings Bank.
2011-07-11 Changed trust powers from Trust Powers Not Granted to Limited Trust Powers Granted.

Total assets: $2,833,306,000
Total deposits: $1,958,996,000
Deposits held in domestic offices: $1,958,996,000
Equity capital: $275,927,000

Net income: $9,224,000

Return on Assets: 0.66
Return on Equity: 6.82
Last updated on: 2011-10-20

Bank Holding Company: Salem Five Bancorp

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