Stoneham Savings Bank and Salem Five Bank announced last week that the Massachusetts Division of Banks, the FDIC and the Federal Reserve have finalized their affiliation. Under the agreement, Stoneham ...

SALEM, Mass. & GEORGETOWN, Mass.--(BUSINESS WIRE)--Salem Five Bancorp, parent of Salem Five Cents Savings Bank (“Salem Five Bank”) and Georgetown Bancorp, Inc. (NASDAQ: GTWN) (“Georgetown Bancorp”) ...

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LOWELL — Salem Five Bank has closed on its deal to acquire Lowell’s Sage Bank, company officials announced in a press release, making the transaction announced in May official. Sage has two retail ...

LOWELL — Salem Five Bank will acquire the Lowell-based Sage Bank, expanding its footprint in Middlesex County, after the companies signed an agreement Monday. Salem Five will acquire Sage’s two Lowell ...

Early withdrawal penalty: If you withdraw principal before the maturity date, a penalty equal to 4% of the principal balance withdrawn will be charged to your account. If the penalty exceeds the ...

The $4.7 billion-asset Salem Five said in a press release Wednesday that it bought Fabri & Rourke Insurance. The bank did not disclose the price it paid. The agency was founded in 2000 by William ...

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Salem Five recently announced that Janis Dodge, who has worked at the bank for nearly 20 years, retired on Dec. 29. Dodge, who began her career at Salem Five in 1999, was instrumental in growing the ...

Salem Five Bancorp in Massachusetts has agreed to buy Sage Bank in Lowell, Mass. The $4.7 billion-asset Salem said in a press release Monday that it expects to close the purchase of the $140 ...