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 146th largest bank in the state of Missouri. It is also the 3,420th largest bank in the nation. It was established in 1883 and as of September of 2024, it had grown to 25 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
Employees25
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.65%
Return on Equity - YTD9.68%
Annual Interest Income$4.9MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$148.4MM$136.6MM
LoansQ3 2024vs Q3 2023$94.7MM$92.6MM
DepositsQ3 2024vs Q3 2023$129.7MM$121.6MM
Equity CapitalQ3 2024vs Q3 2023$10.6MM$8.2MM
Loan Loss AllowanceQ3 2024vs Q3 2023$751K$712K
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$730K$763K
Real Estate OwnedQ3 2024vs Q3 2023$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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