Bank of Salem (MO)

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

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Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

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Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

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Member FDIC

up to $300

Our Rating

4.2 / 5

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Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.thebankofsalem.bank

573-729-3137

100 West Fourth Street
Salem, MO 65560

Bank of Salem (MO) is headquartered in SALEM and is the 150^th largest bank in the state of Missouri. It is also the 3,440^th largest bank in the nation. It was established in 1883 and as of March of 2025, it had grown to 26 employees at 2 locations. Bank of Salem (MO)'s CD rates are 4X the national average, and it has a B+ health rating.

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Health

B+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	14349
Year Established	1883
Employees	26
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.89%
Return on Equity - YTD	12.48%
Annual Interest Income	$1.6MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$143.4MM$142.7MM
Loans	Q1 2025vs Q1 2024	$91.5MM$97.5MM
Deposits	Q1 2025vs Q1 2024	$128.8MM$124.4MM
Equity Capital	Q1 2025vs Q1 2024	$10.6MM$9.4MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$714K$718K
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$655K$707K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Bank of Salem (MO) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%	$0	-	Health Savings Account
0.05%	$100	-	Basic Savings
0.05%	$0	-	Exempt Basic Savings

Bank of Salem (MO) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%^*	$100k^*	-	Money Market Deposit Account
OTHER TIERS: 0.20% → $2.5k - $10k \| 0.30% → $10k - $50k \| 0.40% → $50k - $100k
0.50%^*	$100k^*	-	Business Money Market Deposit Account
OTHER TIERS: 0.20% → $2.5k - $10k \| 0.30% → $10k - $50k \| 0.40% → $50k - $100k

Bank of Salem (MO) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.08%^*	$50k^*	-	Interest Checking Account
OTHER TIERS: 0.04% → $500 - $10k \| 0.06% → $10k - $50k
0.08%^*	$25k^*	-	Senior 55 Checking
OTHER TIERS: 0.04% → $100 - $5k \| 0.06% → $5k - $25k
0.08%^*	$50k^*	-	Business Interest Checking Account
OTHER TIERS: 0.04% → $500 - $10k \| 0.06% → $10k - $50k

Bank of Salem (MO) CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.39%^*	$100k^*	-	6 Month Certificate
OTHER TIERS: 3.29% → $1k - $50k \| 3.34% → $50k - $100k
3.39%^*	$100k^*	-	12 Month Certificate
OTHER TIERS: 3.29% → $1k - $50k \| 3.34% → $50k - $100k
3.14%^*	$100k^*	-	3 Month Certificate
OTHER TIERS: 3.03% → $1k - $50k \| 3.08% → $50k - $100k
3.14%^*	$100k^*	-	18 Month Certificate
OTHER TIERS: 3.03% → $1k - $50k \| 3.08% → $50k - $100k
3.14%^*	$100k^*	-	24 Month Certificate
OTHER TIERS: 3.03% → $1k - $50k \| 3.08% → $50k - $100k
2.88%^*	$100k^*	-	36 Month Certificate
OTHER TIERS: 2.78% → $1k - $50k \| 2.83% → $50k - $100k
2.63%^*	$100k^*	-	60 Month Certificate
OTHER TIERS: 2.52% → $1k - $50k \| 2.57% → $50k - $100k
2.63%^*	$100k^*	-	48 Month Certificate
OTHER TIERS: 2.52% → $1k - $50k \| 2.57% → $50k - $100k

Bank of Salem (MO) IRA Rates

APY	MIN	MAX	ACCOUNT NAME
3.39%^*	$100k^*	-	6 Month IRA Certificate
OTHER TIERS: 3.29% → $1k - $50k \| 3.34% → $50k - $100k
3.39%^*	$100k^*	-	12 Month IRA Certificate
OTHER TIERS: 3.29% → $1k - $50k \| 3.34% → $50k - $100k
3.14%^*	$100k^*	-	3 Month IRA Certificate
OTHER TIERS: 3.03% → $1k - $50k \| 3.08% → $50k - $100k
3.14%^*	$100k^*	-	18 Month IRA Certificate
OTHER TIERS: 3.03% → $1k - $50k \| 3.08% → $50k - $100k
3.14%^*	$100k^*	-	24 Month IRA Certificate
OTHER TIERS: 3.03% → $1k - $50k \| 3.08% → $50k - $100k
2.88%^*	$100k^*	-	36 Month IRA Certificate
OTHER TIERS: 2.78% → $1k - $50k \| 2.83% → $50k - $100k
2.63%^*	$100k^*	-	60 Month IRA Certificate
OTHER TIERS: 2.52% → $1k - $50k \| 2.57% → $50k - $100k
2.63%^*	$100k^*	-	48 Month IRA Certificate
OTHER TIERS: 2.52% → $1k - $50k \| 2.57% → $50k - $100k

Bank of Salem (MO) Locations
Bank Of Salem	100 W 4th St	Salem, MO 65560
Bank Of Salem Drive-In Branch	1001 South Main Street	Salem, MO 65560