Bank BranchesEvery insured bank office · FDIC · 1994–2026

Bank Branches › Massachusetts › Essex County › 125 Canal Street

Full-service office · FDIC office no. 362904

People's United Bank
125 Canal Street, Salem, MA 01970

Last reported 2014

$46.8M
peak deposits
2001
established
—
rank in county
3
names on the sign

This office record stopped in 2014, and a new FDIC office record (office 578424) started at the same address right after. That's usually a re-filing after a merger or charter change, not a closure.

This office's passbook2002–2014
DateBank on the signDepositsChange
Jun 30 2026NOT REPORTED missing from the 2026 report (and every year since 2015)
Jun 30 2014People's United Bank$27.4M−23%
Jun 30 2013People's United Bank$35.5M−24%
Jun 30 2012People's United BankNEW NAME$46.8M+76%
Jun 30 2011Danversbank$26.6M+2%
Jun 30 2010Danversbank$26.0M+14%
Jun 30 2009Danversbank$22.9M+57%
Jun 30 2008Danversbank$14.6M−5%
Jun 30 2007Danversbank$15.4M−9%
Jun 30 2006Danversbank$16.8M−11%
Jun 30 2005DanversbankNEW NAME$18.9M−15%
Jun 30 2004Danvers Savings Bank$22.3M+3%
Jun 30 2003Danvers Savings Bank$21.7M+28%
Jun 30 2002Danvers Savings Bank$17.0M
2001-11-05Office established (FDIC record) — 1 years before this passbook begins

Nearest open offices in Essex County

  1. <0.1 miMarblehead Bank · 125 Canal St, Salem
  2. 0.7 miRockland Trust Company · 193 Washington St, Salem
  3. 0.7 miTruNorth Bank · 73 Lafayette St, Salem
  4. 0.7 miSalem Five Cents Savings Bank · 424 Essex St, Salem
  5. 0.8 miEastern Bank · 37 Central St, Salem
  6. 0.8 miEastern Bank · 19 Congress St, Salem
  7. 0.8 miSalem Five Cents Savings Bank · 210 Essex St, Salem
  8. 0.9 miSalem Five Cents Savings Bank · 71 Washington St, Salem

All banks in Essex County →
Every People's United Bank office →
What became of People's United Bank →

Names on the sign

2002–2004Danvers Savings Bank2005–2011Danversbank2012–2014People's United 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) 362904.