Salem Five Named Best Online Bank in New England for the Fourth Consecutive Quarter, and Fifth-best in the Country on Independent Scorecard.SALEM, Mass.--(BUSINESS WIRE)--Dec. 23, 1998--Salem Five Cents Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. , a billion dollar financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company headquartered in Salem, and a nationally-recognized leader in providing Internet- and PC-based banking solutions, was recently named the top New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. bank and the fifth-best online bank in the country by Gomez Advisors, Inc., the leading independent authority devoted to online financial services. Salem Five is the only New England Bank to place in the top ten of each of Gomez's quarterly banking scorecards, which is located on the Internet at www.gomez.com. Large, money-center banks have typically dominated the top twenty positions on the online banking scorecard. For the fourth quarter of 1998, Gomez ranked Salem Five, the only community bank in the top ten, behind only Security First Network Bank, Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. , CitiBank and BankAmerica. The Gomez scorecard ranks the top online banks in the country from a list of all banks offering online banking services. There are more than 4,500 registered bank websites on the Internet. Entrants were ranked by Overall Scores and individual scores for Ease of Use, Customer Confidence, On-site Resources, Relationship Services, and Overall Cost. Salem Five, which introduced one of the first 20 bank websites in the world in March of 1995, was named 1995 Internet Bank of the Year and more recently, a repeat Best of the Web award winner by the Online Banking Report, a Top Ten site by Yahoo Internet Life Magazine and a Torch Bearer One who is the holder or possessor of an instrument that is negotiable—for example, a check, a draft, or a note—and upon which a specific payee is not designated. for Community Banks by Financial Service Online Magazine. William H. Mitchelson, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Salem Five said, "I'm pleased that we ranked highly on the Gomez scorecard once again, perhaps most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent" above all, most especially because Gomez is an independent watchdog for consumer value in the online community. We've worked hard to provide customers with multiple points of access to their bank accounts with Salem Five, and I'm honored that our efforts have been recognized by the leading Internet authority." Salem Five Cents Savings Bank and Salem Five Mortgage Corporation have sixteen locations on the north shore of Boston and throughout New England. Salem Five, founded in 1855 and one of the oldest savings banks in Massachusetts. The Bank's website is located at www.salemfive.com. |
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