Salem Five
About
Salem Five in Needham is a branch of Salem Five Bank, which provides full-service financial services across the Greater Boston area. Customers can handle everyday banking, open certificates of deposit and IRAs, and apply for mortgages and other loans. The Needham location is listed under banking, financial advisors and mortgage services, covering both day-to-day accounts and help with bigger decisions such as financing a home.
Business clients can turn to the bank for funding to support growth, and commercial customers can reach their business applications through a secure browser protected by malware prevention and one-time passcodes delivered by text. Insurance coverage is also part of Salem Five’s lineup. Investment services are offered through Salem Five Investment Services in partnership with LPL Financial, which is a separate entity from the bank.
What to Know
- Securities and insurance sold through LPL are not bank deposits and are not FDIC insured.
- Wealth management is offered through Salem Five Wealth Advisors.
- Applicants can follow their applications through an online Application Status Center.
- The bank has introduced new checking account options for personal customers.
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