Information to keep you moving forward.

April 2024

Digital Banking

Go Green and Go Paperless!

Several potted plants displayed at plant nursery.Help us go green and go paperless. If you haven’t already, enroll in eStatements via Online Banking by clicking on ‘Statements and Documents’. Not only do you benefit the earth, there are real benefits for YOU:

• Access your statement sooner vs. waiting for it to come in the mail
• Enhanced security for your account as you access via a secure login
• Access up to seven years of statement history
• Ability to download and print if needed

In honor of Earth Day, Act Now! For each of the first 5,000 paper statements eliminated during the months of April and May, the Salem Five Charitable Foundation will plant a tree. We’ve once again partnered with who will plant trees to help re-forest our National Forests and help protect the planet we all love. That’s 5,000 trees! To learn more click below and help get as many trees planted as we can!

Learn More    

Economic Insight

Economic Outlook for Q1 2024

Although the weather hasn’t quite warmed up yet, it appears that the stock market temperature has been rising for a while. Since December 2023, the S&P 500 has been up over 10% and has continued with a strong start to the year. Is this the calm before the storm? Gains and history are signaling that the storm may have passed. With the predicted lowering of interest rates from the Federal Reserve and less adjustments for the economy, it seems to indicate good news for consumers. Watch the video for a full outlook review.

Watch video here

Sean Tesoro, Investment Services

Sean Tesoro, President
Salem Five Wealth Management and Trust

Contact Us

Woman sitting at kitchen table with laptop and several documents spread out

Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker/dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Salem Five Bank and Salem Five Investment Services are not registered as a broker/dealer or investment advisor. Registered representatives of LPL offer products and services using the name Salem Five Investment Services, and may also be employees of Salem Five Bank. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Salem
Five Bank or Salem Five Investment Services.

Securities and insurance offered through LPL or its affiliates are:

  • Not Insured by FDIC or Any Other Government Agency
  • Not Bank Guaranteed
  • Not Bank Deposits or Obligations
  • May Lose Value

Division News

Calling all First Time Home Buyers to Get a Mortgage A-S-A-P!

Mortgage ASAP! by Salem FiveThe spring home buying season is here! With competitive rates and as inventory starts to increase, we encourage you to be ready. Salem Five Mortgage takes special pride in helping first time home buyers in the region achieve their goals. We have the local market knowledge, an easy online application and we’re a Top 5 MA Housing Partner so you know you’re in good hands.

Mortgage ASAP, our online application tool, allows you to get pre-qualified, upload documents online, access mortgage calculators and do it all via the web or mobile app. Get Pre-Qualified today!

Get Pre-Qualified!
We also have a full team of experienced mortgage loan officers who are well versed in putting together financing for first time home buyers. Find a loan officer today.

Salem Five Mortgage Company, LLC ("SFMC") provides home financing in Massachusetts, Maine, New Hampshire, Rhode Island and Florida. SFMC is licensed by the New Hampshire Banking Department and has a Rhode Island Lender and Broker License. SFMC's National Mortgage Licensing System unique identifier is 4662. Salem Five Mortgage Company, LLC (SFMC) is a wholly owned subsidiary of Salem Five Bank.

equal-housing-lender-logo Equal Housing Lender.


Salem Five Sponsoring "Inning Five" all Season

Sox season just began and we’re excited to root on the team. This year, our partnership with New England Sports Network (NESN) has expanded to include the sponsorship of every 5th inning during NESN broadcasts. So, Inning FIVE is now brought to you by Salem FIVE! This is in addition to every Sox away game being broadcast in the beautiful Salem Five NESN Studio in Watertown. We love being affiliated with two Boston area brands like NESN and the Boston Red Sox. And, like everyone, we’re hoping for the best this season. Go Sox!


NESN and Salem 5 Baseball Shirt
Salem Five Inning Five
Welcome to the Salem Five NESN studio