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FDIC-Insured - Backed by the full faith and credit of the U.S. Government

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Contact Us

High-quality customer service for all your personal and business banking needs. Access your account online 24/7.

Contact:
(800) 850-5000 or email
More ways to get in touch

FAQ

Q: What is Salem Five's routing number?
A: 21370558

Q: What is Salem Five's mailing address?
A: 210 Essex Street, Salem, MA 01970
Read all FAQ

Calculators

Helpful calculators for our Mortgage, Savings, Insurance. Retirement and Auto Loan products.
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Education Center

Our articles provide insights and tips for your financial journey.
Education Center

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Nonprofit Organizations

Executive woman profile with gold number 5

A Financial Partner Built for Nonprofits

Salem Five knows nonprofits need more than a bank — you need an advocate. We partner with organizations that value proactive support, shared purpose, and meaningful community impact. As a mutual bank, we focus on serving customers and communities, not Wall Street, taking a long-term view that aligns with nonprofit missions.

Experience Across the Nonprofit Sector

We work with community and civic organizations, educational institutions, health and human services providers, arts and cultural groups, and environmental and advocacy organizations, understanding the unique financial and operational needs of each.

 


Comprehensive Nonprofit Solutions

  • Wealth Management Strategies such as wealth planning or liquidity options like our Portfolio Power product
  • Charitable Foundation where Salem Five donates to hundreds of nonprofit organizations each year
  • Nonprofit Events and Educational Programming, reinforcing our long-term commitment to the industry

Watch a Success Story

“Before we were even customers, they sat down with us to help us come up with a plan."
Dr. Sherley Bretous — Benjamin Banneker Charter Public School

Recent Success Stories


$12,000,000

Tax-Exempt Bond

Building Acquisition

Human Service Provider

Massachusetts / Middlesex County


$2,500,000

Working Capital Line of Credit

Human Service Provider

Massachusetts / Middlesex County


$6,000,000

Tax-Exempt Bond

Private K-12 School

Massachusetts / Essex County


$27,720,000

Tax-Exempt Bond

Construction

Public Charter School

Massachusetts / Essex County


$11,325,000

Tax-Exempt Bond

Building Purchase

Apprenticeship Training Fund

Massachusetts / Middlesex County


$400,000

Commercial Real Estate Mortgage

Building Acquisition

Homeless Shelter

Massachusetts / Middlesex County


$300,000

Line of Credit

Working Capital

Homeless Shelter

Massachusetts / Essex County


$43,000

Term Loan

Commercial Vehicle Acquisition

Private School / Education

Massachusetts / Essex County


 

Nonprofit Solutions Team

Cheryl Delorenzo, SVP, Commercial Loan Officer
Cheryl DeLorenzo
SVP, Nonprofit Solutions Team Lead
  
Salem Five Wealth Management Private Banker, Alex Moody
Alexander Moody
SVP, Wealth Management - Nonprofit Advisor
  
SVP, Commercial Loan Officer, Lisa Pattinson
Lisa Pattinson
SVP, Commercial Loan Officer
  
Salem Five Commercial Loan Officer, Evan Pedi.
Evan Pedi
VP, Commercial Loan Officer
  
SVP, Retail Regional Manager, Suzanne Howley
Suzanne Howley
SVP, Retail Regional Manager
  
Salem Five, SVP, Team Leader - Community Business Banking
Shawn Ford
SVP, Director of Business Banking, Sales & Service
  
Connie Oliviero, SVP, Director of Personal and Business Insurance
Connie Oliviero
SVP, Director of Personal & Commercial Lines
  
Charitable Giving
At Salem Five, we believe in giving back to the communities where we do business. Whether it be employee volunteerism, event participation or providing donations through our Charitable Foundation – we are committed to supporting organizations that make a real impact in the region. Click to learn more or request a donation through our online application portal.