Salem Five Bank Reviews
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Sanary Phen1I've never had a worse experience at a bank. I opened a CD account back in 2017 and in 2020 my account was closed and my funds were turned over to the state without so much as a phone call. The only attempt to contact me was through a single letter sent in the mail which I assumed was a statement and tucked away. Once I realized what it was I contacted the bank only to be told I needed to contact the state to claim my funds. After a good amount of back and forth for over a year trying to locate my money I was informed by the state that the bank reported the funds under the wrong name and that was the reason they couldn't locate it. I contacted the bank to have them correct the error but it's been over 2 weeks since and no one seemed to care. I still haven't gotten an apology nor has anyone made any real effort to help me. I keep getting the run around and I'm still waiting for them to fix the issue. I would never recommend banking with Salem Five. They really don't care about maintaining a relationship with their customers or keeping them happy.
Response from the ownerHi, we are sorry to hear about the issue this has caused you. We will be reaching out again to try and offer some additional advice. However, we are at the mercy of the government in terms of how this process works.
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Steve Cordeiro5Lisa helped me open an account for my son and I, helped answer all my questions in professional and timely manner. account was opened in 10 minute. Pleasant experience.
Response from the ownerThank you for your wonderful review! We will be sure to let Lisa know.
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Isabelle1I called twice and both times the teller was not helpful and rude. Hard time trying to get the information and she proceeds to hang up on me twice. Extremely rude.
Response from the ownerWe are sorry to hear of this situation. We always strive for excellent customer service. If you are still encountering issues, please call us at 800-850-5000. Thank you.
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Nick m5Very friendly, conversational when appropriate, and helpful. I always leave satisfied.
Response from the ownerThank you so much for your wonderful feedback! We will make sure the branch is given this review.
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FAQs
1. How Can I Contact Salem Five Bank?
You can reach out to them on the phone number +1 978-458-6351. You may also visit their website and provide your basic information.3. How Can I Take Out A Loan at Salem Five Bank?
Simply provide your basic information on their website. If you feel like learning about other possible solutions, take a look at instant installment loans provided through a popular loan platform.5. What Do I Do if I Fail to Pay Back My Loan?
Contact the lender and work out favorable terms for both parties in advance. You should know, however, if it"s an auto title loan, your vehicle will be took by the lender when you default.
2. What Is the Location of Salem Five Bank? How to Go to Its Store?
The address of Salem Five Bank is 691 Rogers St, Lowell, MA 01852, United States. Use an online map to guide yourself there.4. Is Salem Five Bank an Agency or a Lender?
Salem Five Bank is a Bank that has various financial services to offer. Click here to learn about various types of loans including online personal loans.6. Can I Obtain a Loan From Salem Five Bank With A Bad Credit Score?
Yes, you can. But peruse the conditions and terms as there can be unfavorable terms when it comes to bad credit loans.