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High-quality customer service for all your personal and business banking needs. Access your account online 24/7.

Contact:
(800) 850-5000 or email
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FAQs

Q: What is Salem Five's routing number?
A: 21370558

Q: What is Salem Five's mailing address?
A: 210 Essex Street, Salem, MA 01970
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Security Center Alerts

  • SOCIAL MEDIA SCAMS: Unauthorized TikTok Charges Scam
  • ACTIVE SCAMS: Fraudulent Zelle® Payments

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ZEscrow & Subaccounting Solutions

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Eliminate the Paperwork. Simplify the Process.

Managing escrow and subaccounts shouldn't require stacks of paperwork, endless phone calls, or complicated manual processes.

Salem Five offers ZEscrow, a secure digital platform, that streamlines escrow and subaccount administration from start to finish. Whether you're managing client or tenant funds, security deposits, trust accounts, or specialized transactions, ZEscrow helps your organization work more efficiently while maintaining compliance and control. And, best of all, there’s no need to open multiple bank accounts – it’s handled all under one account.

Ready to Learn More? Discover how ZEscrow can help your organization streamline escrow and subaccount management. Contact treasury.management@salemfive.com to get started.

 


Why Businesses Choose ZEscrow

FAST

Monitor and manage your escrow and subaccounts online 24/7

EFFICIENT

Manage everything—no faxes or phone calls required

COMPLIANT

Regulatory compliance is built in, including W-9s and other tax paperwork

FLEXIBLE

Our escrow and subaccounting platform excels at complex workflows

Salem Five Bank’s ZEscrow provides comprehensive subaccount reporting with advanced tools for complex workflows, plus required W‑9s and tax documentation to help keep your business compliant. Learn more about these features below.

Powerful Features to Access

  • Open, fund, manage, or close accounts in seconds
  • Create unlimited digital folders
  • Access reports and statements quickly
  • Collect and store W‑9s via DocuSign®
  • Customize interest calculations
  • Manage all accounts from one dashboard
  • Control secure user access

Trusted by Businesses Across Industries

Organizations across numerous sectors use ZEscrow to simplify account administration, including:

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Landlords

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Property Managers

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Law Firms

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Healthcare

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Municipalities

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Title & Real Estate

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Unions

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Utility Companies

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Transportation

ZRent
For property managers, landlords and tenants, we offer a digital platform designed to manage the collection and tracking of rent and condo fees. ZRent streamlines the entire process – making it easier for both manager and occupant.