Please note: Salem Five is currently closed for a company-wide meeting. Limited services are available at (800) 850-5000. We will reopen on Wednesday, August 12. Online and mobile banking are available 24/7. Salem Five Insurance remains open and can be reached at (781) 933-3100. We appreciate your understanding.

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Middle Market Banking

Warehouse with conveyor system and packaged inventory illustrating middle market business operations.

Where Local Stability Meets Institutional Strength

In the dynamic Boston market, successful middle-market companies require more than just transactional banking. They need a partner with expertise to navigate complex financial landscapes and the stability to support long-term growth. With 170 years of history, we offer the financial muscle of a major institution delivered with the agility and personal dedication of a local expert.



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Why Middle Market Leaders Choose Salem Five

  • Relationship-Centric Approach: We pride ourselves on a personalized service model that ensures you are connected to decision-makers helping you make data-driven decisions.
  • Decades of Regional Focus: We are deeply integrated into the Massachusetts business community, providing unparalleled understanding of regional economic drivers, regulations, and opportunities.
  • Broad Focus to Sector-Specific Specialization: We offer financial strategies spanning deposit services, commercial lending, and treasury management to create a holistic banking experience.

Solutions for Your Complex Needs

We provide practical, innovative banking solutions designed for companies that value expert guidance and a comprehensive suite of financial services.
  • Commercial Lending & Capital Strategy: Flexible financing structures to manage working capital, risk, and fund expansion.
  • Commercial Real Estate: Strategic financing for acquisition, development, and construction projects.
  • Working Capital Lines: Optimized credit solutions to enhance liquidity and navigate cash flow cycles.
  • Term Loans: Capital for major investments in equipment, technology, and business infrastructure.

Treasury Management

Optimize your cash flow and mitigate risk with our treasury management platform.
  • Corporate Online Banking: Monitor accounts with alerts and customizable user controls.
  • Reporting and Funds Management: Optimize the management of your cash with the Zero Balance and automated sweep services.
  • Full Payment Solutions: ACH, wires, remote deposit capture, and merchant services.
  • Fraud Protection: Tools such as Positive Pay and real-time alerts to safeguard accounts.

Learn More About Middle Market Banking

Salem Five Commercial Banking Regional Manager, Scott Baldinelli
Scott Baldinelli
SVP, Commercial Regional Manager, Greater Boston/South
  
Salem Five Commercial Banking Regional Manager, Bob Foley
Robert Foley
SVP, Commercial Regional Manager, Greater Boston/North
  

Salem Five also offers a full suite of additional business services.

Business Credit

Asset-Based credit lines and term loans for New England businesses

Wealth Management

Salem Five Wealth Advisors provides full-service financial advice and management

Treasury Services

Technology and tools to help manage cash flow and drive profitability

Business Insurance

Protecting you, your business, your employees or non-profit