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Reviews on Salem Five Cents Savings Bank, Salem

Posted by: Bob,  United States,  on Jan 16, 2008.
Rating: 
Salem Five does not deserve my (or your) business!
SalemFive does not deserve my (or your) business until they make drastic changes to their sign-up process and customer service. Applying was a nightmare. I applied online, then received an email asking for a copy of my driver’s license and SSN card. I sent. After this, we received an email stating that we were APPROVED — Welcome! Then in big Red, bold letters on the bottom it stated I had 10 days to send a signed hardcopy and my initial deposit. I complied — even though it was xmas holidays and I was traveling too. This process started early December 2007, I just received notice that they are returning my deposit and withdrawing my application since I failed to provide the needed information. Salem Five is not able to deliver and they don’t deserve my (or your) business. I rate them as one star — they did nothing but waste my time. bob If you are looking for a new internet bank, this is not a good choice!
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