1. Salem Five Bank

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South Hamilton, MA

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Salem Five Bank

3.9 (8 reviews)
Open • 8:00 am - 7:00 pm

Services - Salem Five Bank

Personal banking

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5 years ago

the drive thru is convenient. staff are pretty friendly. it is kept relatively clean inside. vibes are ok.

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7 years ago

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12 years ago

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Ask the Community - Salem Five Bank

North Shore Bank

North Shore Bank

(7 reviews)

I was a Beverly Bank customer for decades and had nothing but good things to say about them (minus…read morethe really horrible user interface on their ATMs). Since they've been bought out by North Shore Bank, I've had a series of issues. The first was with my name, because when I opened my account back in the 1990s, I used the name I go by, not the one on my birth certificate. The next was with the software that links to my account to download transactions, which just stopped working over the summer. And now, the straw that broke the camel's back is that I keep getting locked out of my online accounts because they have poor "security" measures that mean any random person or automated attempt to log in can lock you out of your account if they don't fill in your security questions correctly. The ONLY way to unlock it is to contact customer service (instead of having some sort of reasonable backoff timeout that temporarily locks the account). They tell me that there's no way to turn this feature off, no way to whitelist certain institutions, etc. They just suggested that I stop using programs that do this (they mentioned Venmo as a common culprit, even though that's not my specific problem). This makes my account unusable.

I opened my checking/savings bank accounts here roughly 10 years ago. I've had nothing but issues…read morewith them. I've had MANY issues with overdraft fees--Charging hundreds of dollars in fees and being told there not much they can do about it--providing no options until complaints were made. Every branch offers a different level of customer service/satisfaction/expertise. They have a $1,000 maximum cap on transactions being made. I've gone out of state/country for vacations and have made local purchases for furniture, vehicle down payments etc. and had been declined because of said cap. I was told by several employees/managers that this is "their policy" and there was nothing they could do to permanently lift the cap. They only way I could get these purchases to go through was by calling them during normal business hours, having them wait on hold so they could lift the hold while the purchase was being made, then immediately reissuing the cap on my limits after hanging up our call...which I had to do on several occasions. THIS IS AN ABSOLUTE JOKE! They have a 10 transaction limit on purchases within a 24 hour period--again, this is a joke! So if you're like me and make several purchases on errand shopping, getting drinks/appetizers, etc. on a weekend--start counting your swipes! or you'll be embarrassed at the grocery store like I have with the "Sorry your card has been declined" pitiful walk off shame out of the store. I have many friends/family members that have had the exact same issues and have closed there accounts as a result. Needless to say, I made the same move and closed my accounts. What a massive headache over the years!--shame on me for sticking around so long. Bank here at the risk of your own hard earned money being slowly flushed down he drain.

Hanscom Federal Credit Union

Hanscom Federal Credit Union

(4 reviews)

We have been loyal customers of this credit union for many years, and have found the service to be…read morevery good. Now, after an issue that originated 5 months ago, and has still not been resolved, we are beyond frustrated and disappointed with the customer service at the Beverly Branch and with the main branch. We have addressed this in person ( 4 times), and on the phone ( at least 3 times) and have been told each time, "someone will get back to you within a week". This has not happened. Out of frustration we even submitted a very negative customer service survey ( which they had solicited) .This dispute could have easily been resolved. (the dollar amount in question is a only $105). It has left us feeling that the Hanscom Credit Union does not value us as customers, and their lack of customer service will inform our banking decisions going forward.

My whole family, grandparents, parents, grandchildren have been using Hanscom for too many years to…read morecount. My social security has not been deposited as of 3/31/2026. I checked back for over a year at least it has been deposited before the thirty-first of the month, some months it being more than three days before. When I found this out, I called the phone number I have always called 1-800-656-4328. I was put on hold and was told that my wait was 1 hour and 25 minutes. WHAT? I then went to the computer to look for the phone number of any branch only to find out that now their customers can no longer do that because every single branch now lists their phone number as 1-800-656-4328. Can everyone say CRAZY! Now every single credit union customer has to use the same 800 number. I have never heard of anything this insane. They have just lost multiple generations of the same family. I hope more are to follow.

Salem Five Bank - banks - Updated October 2026

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