Bank of Salem (MO)

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 184^th largest bank in the state of Missouri. It is also the 4,012^th largest bank in the nation. It was established in 1883 and as of September of 2019, it had grown to 26 employees at 2 locations. Bank of Salem (MO) has a B+ health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

B+

Data as of Q3 2019

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	1.02%
Return on Equity - YTD	11.02%
Annual Interest Income	$2.8MM

Assets and Liabilities
Assets	Q3 2019vs Q3 2018	$102.8MM$101.1MM
Loans	Q3 2019vs Q3 2018	$55.3MM$51.5MM
Deposits	Q3 2019vs Q3 2018	$88.1MM$87.7MM
Equity Capital	Q3 2019vs Q3 2018	$10.4MM$8.8MM
Loan Loss Allowance	Q3 2019vs Q3 2018	$457.00K$446.00K
Unbacked Noncurrent Loans	Q3 2019vs Q3 2018	$471.00K$243.00K
Real Estate Owned	Q3 2019vs Q3 2018	$86.00K$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

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

APY	MIN	MAX	ACCOUNT NAME
0.25%	-	-	Health Savings Account
0.08%	$100	-	Regular Passbook Savings
0.08%	-	-	Exempt Regular Passbook Savings

Bank of Salem (MO) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$100k^*	-	Money Market Deposit Account
OTHER TIERS: 0.10% → $2.5k - $10k \| 0.15% → $10k - $50k \| 0.20% → $50k - $100k
0.25%^*	$100k^*	-	Business Money Market Deposit Account
OTHER TIERS: 0.10% → $2.5k - $10k \| 0.15% → $10k - $50k \| 0.20% → $50k - $100k

Bank of Salem (MO) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.08%^*	$2.5k^*	-	Interest Checking Account
OTHER TIERS: 0.06% → Up to $1k \| 0.07% → $1k - $2.5k
0.08%^*	$2.5k^*	-	Senior 55 Checking
OTHER TIERS: 0.06% → Up to $1k \| 0.07% → $1k - $2.5k
0.08%^*	$2.5k^*	-	Business Interest Checking Account
OTHER TIERS: 0.06% → Up to $1k \| 0.07% → $1k - $2.5k

Bank of Salem (MO) CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.61%^*	$100k^*	-	60 Month Certificate
OTHER TIERS: 1.51% → $1k - $50k \| 1.56% → $50k - $100k
1.41%^*	$100k^*	-	48 Month Certificate
OTHER TIERS: 1.31% → $1k - $50k \| 1.36% → $50k - $100k
1.31%^*	$100k^*	-	30 Month Certificate
OTHER TIERS: 1.21% → $1k - $50k \| 1.26% → $50k - $100k
1.31%^*	$100k^*	-	36 Month Certificate
OTHER TIERS: 1.21% → $1k - $50k \| 1.26% → $50k - $100k
1.21%^*	$100k^*	-	24 Month Certificate
OTHER TIERS: 1.10% → $1k - $50k \| 1.15% → $50k - $100k
1.00%^*	$100k^*	-	18 Month Certificate
OTHER TIERS: 0.90% → $1k - $50k \| 0.95% → $50k - $100k
0.90%^*	$100k^*	-	12 Month Certificate
OTHER TIERS: 0.80% → $1k - $50k \| 0.85% → $50k - $100k
0.65%^*	$100k^*	-	6 Month Certificate
OTHER TIERS: 0.55% → $1k - $50k \| 0.60% → $50k - $100k
0.40%^*	$100k^*	-	3 Month Certificate
OTHER TIERS: 0.30% → $1k - $50k \| 0.35% → $50k - $100k

Bank of Salem (MO) IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.56%	$1k	-	60 Month IRA Certificate
1.36%	$1k	-	48 Month IRA Certificate
1.26%	$1k	-	36 Month IRA Certificate
1.21%	$1k	-	30 Month IRA Certificate
1.00%	$1k	-	24 Month IRA Certificate
0.95%	$1k	-	18 Month IRA Certificate
0.85%	$1k	-	12 Month IRA Certificate
0.60%	$1k	-	6 Month IRA Certificate
0.35%	$1k	-	3 Month IRA Certificate

Locations

Bank of Salem (MO) Locations
Bank Of Salem	100 West Fourth Street	Salem, MO 65560
Bank Of Salem Drive-In Branch	1001 South Main Street	Salem, MO 65560

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.