Bank BranchesEvery insured bank office · FDIC · 1994–2026

Bank Branches › Massachusetts › Essex County › 123 Pleasant Street

Full-service office · FDIC office no. 259629

Salem Five Cents Savings Bank
123 Pleasant Street, Marblehead, MA 01945

Last reported 2006

$41.0M
peak deposits
1984
established
—
rank in county
2
names on the sign

This office filed its last FDIC deposit report in 2006. It is missing from every report since, which usually means it closed. The FDIC record doesn't give a reason. Essex County has 216 offices open today, listed below.

This office's passbook1994–2006
DateBank on the signDepositsChange
Jun 30 2026NOT REPORTED missing from the 2026 report (and every year since 2007)
Jun 30 2006Salem Five Cents Savings BankNEW NAME$36.1M−12%
Jun 30 2005Heritage Co-operative Bank$41.0M+3%
Jun 30 2004Heritage Co-operative Bank$39.9M+9%
Jun 30 2003Heritage Co-operative Bank$36.7M+3%
Jun 30 2002Heritage Co-operative Bank$35.5M+7%
Jun 30 2001Heritage Co-operative Bank$33.2M+32%
Jun 30 2000Heritage Co-operative Bank$25.2M−8%
Jun 30 1999Heritage Co-operative Bank$27.5M0%
Jun 30 1998Heritage Co-operative Bank$27.4M+1%
Jun 30 1997Heritage Co-operative Bank$27.0M+5%
Jun 30 1996Heritage Co-operative Bank$25.6M−1%
Jun 30 1995Heritage Co-operative Bank$25.9M+8%
Jun 30 1994Heritage Co-operative Bank$23.8M
1984-01-01Office established (FDIC record) — 10 years before this passbook begins

Nearest open offices in Essex County

  1. <0.1 miThe National Grand Bank of Marblehead · 91 Pleasant St, Marblehead
  2. 0.1 miSalem Five Cents Savings Bank · 89 Pleasant St, Marblehead
  3. 0.1 miMarblehead Bank · 21 Atlantic Ave, Marblehead
  4. 0.5 miEastern Bank · 118 Washington St, Marblehead
  5. 0.9 miThe National Grand Bank of Marblehead · 2 Humphrey St, Marblehead
  6. 0.9 miMarblehead Bank · 1 Humphrey St, Marblehead
  7. 2.0 miMarblehead Bank · 125 Canal St, Salem
  8. 2.1 miEastern Bank · 19 Congress St, Salem

All banks in Essex County →
Every Salem Five Cents Savings Bank office →
What became of Salem Five Cents Savings Bank →

Names on the sign

1994–2005Heritage Co-operative Bank2006–2006Salem Five Cents Savings Bank

The FDIC office number stays with the building when banks merge or rename, so the same office appears under each owner. Follow an earlier name to see what became of that bank.

Deposits are the balances the bank assigned to this office on June 30 of each year, in nominal dollars. Source: FDIC Summary of Deposits, office (UNINUMBR) 259629.