US Bank Directory
Banks in Salem, MA
9 FDIC-insured banks operate 14 offices in Salem, Massachusetts, and 2 credit unions have 3 offices.
Source: FDIC BankFind, data as of September 5, 2026; NCUA call report as of March 31, 2026; hours checked October 10, 2026.
Bank branch map: Salem
Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.
Short answer: 11 banks and credit unions operate 17 locations in Salem, according to the FDIC and the NCUA. 17 of them have coordinates on record and are on the map. 6 publish opening hours.
Branches: FDIC, NCUA. Streets: loading.
17 locations on the map
Tap a cluster to zoom in
Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.
All banks and credit unions in Salem
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: Eastern Bank and Salem Five Cents Savings Bank have the most locations in Salem, with 3 each. 6 banks have a single office in the city. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
Eastern Bank Bank · 3
Eastern Bank has 3 branches in Salem, 113 across Massachusetts and 134 nationwide. FDIC records list its main office in Boston, MA and show it operating since 1989. With $31.13 billion in total assets on June 30, 2026, it ranks No. 70 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Salem location is the Salem Branch at 37 Central St, dating to 1947; the newest, at 6 Traders Way, to 1976. It does not publish hours in the sources this page uses; check its site before you go.
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Pickering Wharf Branch19 Congress St, 01970
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Salem Branch37 Central St, 01970
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Highlander Branch6 Traders Way, 01970
Salem Five Cents Savings Bank Bank · 3
Salem Five Cents Savings Bank has 3 branches in Salem, 34 across Massachusetts and 34 nationwide. FDIC records list its main office in Salem, MA and show it operating since 1855. With $8.82 billion in total assets on June 30, 2026, it ranks No. 184 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Salem location is its main office at 71 Washington St, dating to 1855; the newest, at 210 Essex St, to 1999. It does not publish hours in the sources this page uses; check its site before you go.
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Main Office main office71 Washington St, 01970
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Directbanking Branch210 Essex St, 01970
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Salem Branch424 Essex St, 01970
St. Jean's Credit Union Credit union · 2
St. Jean's Credit Union has 2 officees in Salem, 5 across Massachusetts. It is based in Lynn, MA and $377.3 million in assets on March 31, 2026, according to its NCUA call report. All 2 of its Salem locations with published hours open on Saturday.
Who can join: see the credit union's site.
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Branch-Seaport336 Lafayette St, 01970
All hours
Mon to Wed 8:30 am to 4 pm; Thu 8:30 am to 7 pm; Fri not published; Sat 8:30 am to 5 pm; Sun not published
Hours: NCUA, March 31, 2026
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Branch-Salem370 Highland Ave, 01970
All hours
Mon to Wed 8:30 am to 4:30 pm; Thu 8:30 am to 6:30 pm; Fri not published; Sat 8:30 am to 1 pm; Sun not published
Hours: NCUA, March 31, 2026
TruNorth Bank Bank · 2
TruNorth Bank has 2 branches in Salem, 50 across Massachusetts and 11 nationwide. FDIC records list its main office in Easthampton, MA and show it operating since 1869. With $2.02 billion in total assets on June 30, 2026, it ranks No. 603 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Salem location is the Highland Avenue Branch at 319 Highland Ave, dating to 1998; the newest, at 73 Lafayette St, to 2004. It does not publish hours in the sources this page uses; check its site before you go.
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Highland Avenue Branch319 Highland Ave, 01970
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Salem Branch73 Lafayette St, 01970
Bank of America Bank · 1
Bank of America has 1 branch in Salem, 146 across Massachusetts and 3,598 nationwide. FDIC records list its main office in Charlotte, NC and show it operating since 1904. With $2.65 trillion in total assets on June 30, 2026, it ranks No. 2 of 4,232 U.S. banks by total assets. The Salem - Vinnin Square Branch at 21 Paradise Rd dates to 2002 in FDIC branch records. It opens on Saturday.
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Salem - Vinnin Square Branch21 Paradise Rd, 01970
All hours
Mon closed; Tue to Fri 9 am to 4 pm; Sat 9 am to 2 pm; Sun closed
Hours: Bank of America branch locator (All The Places), checked Oct 10, 2026
Institution for Savings in Newburyport and Its Vicinity Bank · 1
Institution for Savings in Newburyport and Its Vicinity has 1 branch in Salem, 13 across Massachusetts and 13 nationwide. FDIC records list its main office in Newburyport, MA and show it operating since 1820. With $5.56 billion in total assets on June 30, 2026, it ranks No. 264 of 4,232 U.S. banks by total assets. The Salem Office Branch at 6 Paradise Rd dates to 2019 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Salem Office Branch6 Paradise Rd, 01970
M&T Bank Bank · 1
M&T Bank has 1 branch in Salem, 62 across Massachusetts and 960 nationwide. FDIC records list its main office in Buffalo, NY and show it operating since 1856. With $218.79 billion in total assets on June 30, 2026, it ranks No. 21 of 4,232 U.S. banks by total assets. The Traders Way Branch at 7 Traders Way dates to 2008 in FDIC branch records. Its published hours do not list Saturday.
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Traders Way Branch7 Traders Way, 01970
All hours
Mon closed; Tue to Thu 9 am to 4 pm; Fri 9 am to 5 pm; Sat to Sun closed
Hours: M&T Bank branch locator (All The Places), checked Oct 10, 2026
Marblehead Bank Bank · 1
Marblehead Bank has 1 branch in Salem, 3 across Massachusetts and 3 nationwide. FDIC records list its main office in Marblehead, MA and show it operating since 1871. With $262.5 million in total assets on June 30, 2026, it ranks No. 2,663 of 4,232 U.S. banks by total assets. The Canal Street Branch at 125 Canal St dates to 2016 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Canal Street Branch125 Canal St, 01970
Metro Credit Union Credit union · 1
Metro Credit Union has 1 office in Salem, 18 across Massachusetts. It is based in Chelsea, MA and $3.30 billion in assets on March 31, 2026, according to its NCUA call report. It opens on Saturday.
Who can join: see the credit union's site.
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Salem4 Paradise Rd, 01970
All hours
Mon to Wed 9 am to 5 pm; Thu to Fri 9 am to 6 pm; Sat 9 am to 1 pm; Sun not published
Hours: NCUA, March 31, 2026
Rockland Trust Bank · 1
Rockland Trust has 1 branch in Salem, 143 across Massachusetts and 151 nationwide. FDIC records list its main office in Rockland, MA and show it operating since 1907. With $24.97 billion in total assets on June 30, 2026, it ranks No. 86 of 4,232 U.S. banks by total assets. The Salem, Ma Branch at 193 Washington St dates to 2020 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Salem, Ma Branch193 Washington St, 01970
TD Bank Bank · 1
TD Bank has 1 branch in Salem, 114 across Massachusetts and 1,051 nationwide. FDIC records list its main office in Wilmington, DE and show it operating since 1852. With $342.80 billion in total assets on June 30, 2026, it ranks No. 13 of 4,232 U.S. banks by total assets. The Salem-Lorng Ave Branch at 600 Loring Ave dates to 1997 in FDIC branch records. It opens on Saturday.
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Salem-Lorng Ave Branch600 Loring Ave, 01970
All hours
Mon to Wed 9 am to 5 pm; Thu to Fri 9 am to 6 pm; Sat 9 am to 1 pm; Sun closed
Hours: TD Bank branch locator (All The Places), checked Oct 10, 2026
Join a credit union in Salem
2 credit unions have 3 offices here: St. Jean's Credit Union and Metro Credit Union. Each office is listed above with the phone and the hours it filed with the NCUA (call report as of March 31, 2026). Who can join each one is on its own site; the credit unions in Salem page has every office in the state's directory.
Banking in Salem: the local picture
Short answer: 9 banks run 14 branches in Salem according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
Of the 9 banks, 1 has its main office in Salem, 5 elsewhere in Massachusetts and 3 out of state, according to the FDIC.
The bank with the longest record here is Institution for Savings in Newburyport and Its Vicinity, operating since 1820 according to the FDIC. In FDIC branch records, the longest-running branch is Salem Five Cents Savings Bank's office at 71 Washington St, dating to 1855; the newest is Rockland Trust's at 193 Washington St, from 2020.
2 credit unions have 3 offices in Salem, according to the NCUA. Who can join each one is on the credit unions page.
Of the 6 locations with published hours. 5 open on Saturday. 11 locations have no published hours in these sources.
Banks and credit unions open on Saturday in Salem
Short answer: 5 of the 6 Salem locations with published hours open on Saturday, run by 4 institutions.
- Bank of America: 1 of 1 branch (21 Paradise Rd: Saturday 9 am to 2 pm)
- TD Bank: 1 of 1 branch (600 Loring Ave: Saturday 9 am to 1 pm)
- St. Jean's Credit Union: 2 of 2 offices (336 Lafayette St: Saturday 8:30 am to 5 pm, and 1 more)
- Metro Credit Union: 1 of 1 office (4 Paradise Rd: Saturday 9 am to 1 pm)
Credit union hours are the text each credit union filed with the NCUA, call report as of March 31, 2026; a day the filing does not mention is shown as not published, never as closed. Bank branches show hours only where the bank publishes them in a source this page uses; 11 of the 17 locations here have no published hours yet. The source and date sit under each office. Banks and credit unions often close on Federal Reserve holidays; call ahead.
Chase, Bank of America and other national banks
Which big national banks have branches in Salem, and where the nearest one is if they do not.
Short answer: In Salem: Bank of America (1), TD Bank (1). No branches in Salem: Chase (nearest in Swampscott, 2 mi), Wells Fargo (nearest in Boston, 13 mi), PNC Bank (nearest in Lynnfield, 7 mi), U.S. Bank, Truist, Fifth Third Bank, Huntington, Regions Bank, BMO.
| Bank | In Salem | Nearest branch if none here |
|---|---|---|
| Bank of America | 1 branch | here |
| TD Bank | 1 branch | here |
| Chase | None | Swampscott, 2 miles away |
| Wells Fargo | None | Boston, 13 miles away |
| PNC Bank | None | Lynnfield, 7 miles away |
| U.S. Bank | None | none in Massachusetts |
| Truist | None | none in Massachusetts |
| Fifth Third Bank | None | none in Massachusetts |
| Huntington | None | none in Massachusetts |
| Regions Bank | None | none in Massachusetts |
| BMO | None | none in Massachusetts |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Salem to the nearest branch in Massachusetts.
What your savings could earn
National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.
Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.
| Offer | Bank | APY | Term | Minimum |
|---|---|---|---|---|
| Savings | CIT Bank | 3.75% | none | $5,000 |
| Savings | Barclays | 3.50% | none | $0 |
| Savings | Marcus by Goldman Sachs | 3.40% | none | $0 |
| CD | Synchrony Bank | 4.35% | 60 Months | $0 |
| CD | Marcus by Goldman Sachs | 4.35% | 24 Months | $500 |
| CD | American Express National Bank | 4.25% | 10 Months | $0 |
Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Salem residents like anyone else.
Banks near Salem
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Swampscott (2 miles) and Marblehead (2 miles). Peabody, 3 miles away, has the most banks nearby: 10.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Swampscott, MA | 2 mi | 5 | 5 |
| Banks in Marblehead, MA | 2 mi | 4 | 6 |
| Banks in Peabody, MA | 3 mi | 10 | 16 |
| Banks in Lynn, MA | 4 mi | 8 | 9 |
| Banks in Danvers, MA | 4 mi | 9 | 11 |
| Banks in Beverly, MA | 4 mi | 10 | 17 |
| Banks in Saugus, MA | 7 mi | 9 | 12 |
| Banks in Lynnfield, MA | 7 mi | 7 | 8 |
Bank branch openings and closings in Salem
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Salem between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Banks and credit unions based in Salem
Short answer: 1 institution has its main office in Salem: Salem Five Cents Savings Bank.
| Institution | Type | Total assets, June 30, 2026 | Offices here |
|---|---|---|---|
| Salem Five Cents Savings Bank | Bank | $8.82 billion | 3 |
Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.
Largest banks in Salem by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Salem offices.
Short answer: Bank of America is the largest bank with offices in Salem, with $2.65 trillion in total assets on June 30, 2026, No. 2 among U.S. banks by total assets. TD Bank is second with $342.80 billion. 1 of the 9 bank is headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| Bank of America | $2.65 trillion | No. 2 | 1 | Charlotte, NC |
| TD Bank | $342.80 billion | No. 13 | 1 | Wilmington, DE |
| M&T Bank | $218.79 billion | No. 21 | 1 | Buffalo, NY |
| Eastern Bank | $31.13 billion | No. 70 | 3 | Boston, MA |
| Rockland Trust | $24.97 billion | No. 86 | 1 | Rockland, MA |
| Salem Five Cents Savings Bank | $8.82 billion | No. 184 | 3 | Salem, MA |
| Institution for Savings in Newburyport and Its Vicinity | $5.56 billion | No. 264 | 1 | Newburyport, MA |
| TruNorth Bank | $2.02 billion | No. 603 | 2 | Easthampton, MA |
| Marblehead Bank | $262.5 million | No. 2,663 | 1 | Marblehead, MA |
Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.
Banks in Salem: FAQ
How many banks are in Salem, MA?
Salem has 9 banks with 14 branches and 2 credit unions with 3 offices, according to FDIC data as of September 5, 2026 and NCUA data as of March 31, 2026.
Which bank has the most branches in Salem?
Eastern Bank, with 3. Salem Five Cents Savings Bank has 3 and TruNorth Bank has 2.
Is there a Eastern Bank in Salem, MA?
Yes. FDIC data lists 3 Eastern Bank branches in Salem as of September 5, 2026. Its branches are listed under Eastern Bank above, with the address and directions for each.
Is there a TruNorth Bank in Salem, MA?
Yes. FDIC data lists 2 TruNorth Bank branches in Salem as of September 5, 2026. Its branches are listed under TruNorth Bank above, with the address and directions for each.
Is there a Chase in Salem, MA?
No. FDIC data lists no Chase branch in Salem as of September 5, 2026. The nearest is in Swampscott, about 2 miles away in a straight line.
Which banks in Salem are open on Saturday?
Bank of America, TD Bank, St. Jean's Credit Union and Metro Credit Union publish Saturday hours for one or more Salem locations. The Saturday section above lists each one with its hours. 11 of the 17 locations here do not publish hours in the sources this page uses; call ahead.
Which banks are headquartered in Salem?
Salem Five Cents Savings Bank has its main office in Salem, according to the FDIC.
What is the oldest bank in Salem?
Institution for Savings in Newburyport and Its Vicinity has the longest record among banks with a branch here: the FDIC shows it operating since 1820.
Which credit unions can I join in Salem?
St. Jean's Credit Union and Metro Credit Union have offices in Salem. Check each credit union's membership rules before you apply.
Did any bank branches open or close in Salem in the past year?
FDIC branch records show no branch openings between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Where can I find more banks near Salem?
Nearby cities with more banks include Swampscott, Marblehead, Peabody. Swampscott is 2 miles away with 5 banks.
How we build this page
Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.
| Data | Source | License | Updated | Data as of |
|---|---|---|---|---|
| FDIC-insured banks: branches, main offices, total assets, dates established | FDIC BankFind Suite API | Public data (U.S. government) | Monthly import | Sep 5, 2026 |
| Credit union offices, phones and hours as filed with the NCUA, total assets | NCUA call report data | Public data (U.S. government) | Quarterly import | Mar 31, 2026 |
| Map coordinates of 3 credit union offices whose NCUA record has none, from the office address | U.S. Census Bureau Geocoder | Public data (U.S. government) | With each NCUA import | Oct 19, 2026 |
| Bank branch hours, phones and branch pages (3 of 14 branches: Bank of America, M&T Bank, TD Bank) | The banks' own branch locators, collected by All The Places | CC0 (All The Places data); each bank's locator is the primary source | Weekly spider run, monthly refresh here | Oct 10, 2026 |
| Savings and CD rates, national averages | Banrox Bank Rates | Banrox, from the banks' own rate pages and FDIC national rates | Weekly | see each rate |
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