Salem Five Direct is
a division of
Salem Five ,
a
mid-sized
FDIC-Insured bank
headquartered in Salem, MA.
The bank has deposits of $2.8 billion, and
operates 21 branches
in 1 state.
However, this division has no branches - it only interacts with consumers online, by phone, or by mail.
The company reports that it has 412 employees.
The bank was established in March, 1855
and has been a member of the FDIC since January, 1981.