Marblehead Bank at Crosby’s Marketplace

Marblehead Bank at Crosby’s Marketplace is a Salem branch of Marblehead Bank, the mutual savings bank that has served its community since 1871. Located at Crosby’s Marketplace, it gives shoppers access to everyday banking such as checking and savings accounts, along with mortgage loans, business banking and financial planning services. It extends the reach of a bank otherwise centered on its offices in neighboring Marblehead.

As a mutual institution, Marblehead Bank has no stockholders and makes its decisions locally, with a focus on customers, employees and the communities it serves. The bank emphasizes giving back through donations of time, money and resources, and it takes a long-term, community-centered approach to relationships with neighbors and local businesses. Home buyers can work with the bank on mortgages, and local businesses can turn to it for business banking.

What to Know

• Deposits are fully insured by both the FDIC and the Depositors Insurance Fund.
• The bank participates in Basic Banking for Massachusetts, a program that helps unbanked residents find a bank.
• The bank has offices on Atlantic Avenue and Humphrey Street in Marblehead.
• The branch is a member of the Salem Chamber of Commerce.