Bank of Salem (MO)


Overview / Commentary
573-729-3137
100 West Fourth Street
Salem, MO 65560

Bank of Salem (MO) is headquartered in SALEM and is the 150th largest bank in the state of Missouri. It is also the 3,440th 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+

Health Grade Components

Overall
FDIC Certificate #14349
Year Established1883
Employees26
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.89%
Return on Equity - YTD12.48%
Annual Interest Income$1.6MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$143.4MM$142.7MM
LoansQ1 2025vs Q1 2024$91.5MM$97.5MM
DepositsQ1 2025vs Q1 2024$128.8MM$124.4MM
Equity CapitalQ1 2025vs Q1 2024$10.6MM$9.4MM
Loan Loss AllowanceQ1 2025vs Q1 2024$714K$718K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$655K$707K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Bank of Salem (MO); we are a rate comparison website and cannot provide official rates or promotions.

* 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$0-Health Savings Account
0.05%$100-Basic Savings
0.05%$0-Exempt Basic Savings

Bank of Salem (MO) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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
Locations


Bank of Salem (MO) Locations
Bank Of Salem100 W 4th StSalem, MO 65560
Bank Of Salem Drive-In Branch1001 South Main StreetSalem, MO 65560

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