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Bank

Salem Five Bank

salemfive.com
71 Washington Street, Salem, MA 01970

Salem Five Bank is a mutual institution based in the Greater Boston area of Massachusetts, offering a wide range of financial services including mortgage lending, loans, insurance, and investments.

Key Statistics

As of January 2026, public records show Salem Five Bank has originated approximately $9.7M in loan volume over the past 12 months, with an average loan size of $179k.

Volume (12mo)

$9.7M

Avg Loan Size

$179k

Total Mortgages

942

Total Borrowers

96

Lending Entities

Salem Five Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.

Bank Of Salem

942 mortgages recorded

Geography

Salem Five Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.

#1Arkansas

Mortgages (12mo): 38

Volume (12mo): $6.8M

Total Volume: $96.9M

#2Missouri

Mortgages (12mo): 10

Volume (12mo): $2.5M

Total Volume: $68.1M

#3Oklahoma

Mortgages (12mo): 1

Volume (12mo): $360k

Total Volume: $1.4M

Top Borrowers

The following individuals have the most recorded mortgage transactions with Salem Five Bank. Click on a borrower to view their full investor profile.

+93 more not shown

FAQ

What type of lender is Salem Five Bank?

Salem Five Bank is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (21%) and personal loans in their portfolio.

What entities does Salem Five Bank fund loans under?

Salem Five Bank originates mortgages through 1 different lending entities. The most common include Bank Of Salem. These are the legal entity names that appear on recorded mortgage documents.

Where is Salem Five Bank most active?

Based on recorded mortgages, Salem Five Bank is most active in Arkansas, Missouri, and Oklahoma.

How many loans has Salem Five Bank originated?

Public records show 942 mortgages recorded for Salem Five Bank, with $9.7M in volume over the past 12 months.

What is the average loan size for Salem Five Bank?

The average mortgage size for Salem Five Bank is $179k based on all recorded mortgages.

Does Salem Five Bank offer short-term loans?

Salem Five Bank primarily offers long-term financing, with only 27% of loans being short-term.

How is this data collected?

Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.