Salem Five Parent Acquires Lowell-Based Bank
After multiple consent orders and management changes since 2013, Lowell-based Sage Bank is no more.
After multiple consent orders and management changes since 2013, Lowell-based Sage Bank is no more.
The infamous “Spelling Bee Bandit,” who committed four bank robberies in a matter of weeks, was sentenced in federal court yesterday.
Salem Five Bancorp, the parent company of Salem Five Bank, announced the closing of its acquisition of Georgetown Bancorp Inc. and Georgetown Bank this week.
Salem Five acted as the lead lender financing the $4 million purchase of a provider of fixed-based operations at Beverly Airport.
A Chelsea man, dubbed the “Spelling Bee Bandit,” was recently indicted in connection with four bank robberies last year in the Greater Boston area.
The Burlington Police Department is searching for a man who robbed a Salem Five bank branch there this yesterday.
Salem Five is trying to cut through the noise and speak to stressed-out, crazy-busy customers with its latest brand campaign, “Let’s Uncomplicate Money.”
Salem Five’s customers now have the option to use Apple Pay with their Salem Five debit cards, making Salem Five the first Massachusetts-based bank to offer Apple Pay to its customers.