Shalom

 

Correct! 

Salem is the Hellenized form of the word for “peace” in Hebrew (שלום, shalom).

 It was famously used for the Massachusetts settlement to signify peaceful intentions.  Puritan settlers in the 1600s adopted it from the Bible for their new town, inspired by the Hebrew word for peace, but its pronunciation shifted from "Shalom" to "Salem" over time.