Institution for Savings Opens Vinnin Square Salem


Institution for Savings officially opened its doors on July 8, 2019 at their brand new Salem office located in Vinnen Square. The 3,000 square foot stand-alone brick building was previously occupied by Beverly National Bank, followed by Danversbank. The branch subsequently closed in 2011 when Danversbank was acquired by People’s United Bank. This new Institution for Savings office renovation included a new lobby and teller line, private retail and lending offices, two full-service drive-up lanes, a 24-hour drive-up ATM and considerable onsite parking.

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