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SALEM FIVE DIRECT

Salem Five Direct is an online division of Salem Five

Since our inception, we’ve embraced new technologies, starting with the distinction of being the first bank on the Internet in 1995. Salem Five Direct is continually seeking new and innovative ways to help our customers do business with us.

As an online division of Salem Five Cents Savings Bank, a mutually owned bank located in Salem, Massachusetts with over 160 years of banking experience, Salem Five Direct has the backing of a reputable institution. Salem Five is a full-service financial services company with the expertise and services to meet your unique needs.

Recognized Excellence

Salem Five Direct has been continuously recognized for our leading rates among online banks. We’re proud to have been recognized by Forbes Advisors as a Best Online Bank three years running.

 
Salem Five News

The latest updates on your Bank
History

Founded in 1855 in Salem, MA
2022 Annual Summary

A message from our President

Forbes Advisor Best of 2022 Online Banks Award  Forbes Advisor Best of 2023 Award  Forbes Advisor Best of 2024 Award Salem Five Direct

Why We Are Different

  • 1995 - First Internet Bank
  • Leading
    Rates
  • Local
    Support