Bank of Salem (MO)

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LOCATIONS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.21%	5-year CD	60 Month Certificate 1.85% - Synchrony Bank 60 Month CD
0.33%	1-year CD	12 Month Certificate 1.05% - Ally Bank High Yield 12-Month CD
0.08%	Savings	Exempt Regular Passbook Savings 1.00% - Ally Bank Online Savings Account

View all Bank of Salem (MO) rates »

Overview / Commentary

www.thebankofsalem.com

573-729-3137

100 West Fourth Street
Salem, MO 65560

Bank of Salem (MO) is headquartered in Salem and is the 196^th largest bank in the state of Missouri. It is also the 4,460^th largest bank in the nation. It was established in 1883 and as of June of 2016, it had grown to 26 employees at 2 locations. Bank of Salem (MO) has an A health rating.

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Health

A

Data as of Q2 2016

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Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Bank of Salem (MO) has a relatively low asset base.

Health Grade Components

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

Profit Margin
Return on Assets - YTD	0.53%
Return on Equity - YTD	5.68%
Annual Interest Income	$1.5MM

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$98.2MM$91.7MM
Loans	Q2 2016vs Q2 2015	$46.6MM$46.5MM
Deposits	Q2 2016vs Q2 2015	$86.3MM$82.6MM
Equity Capital	Q2 2016vs Q2 2015	$9.5MM$8.8MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$464.00K$507.00K
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$254.00K$79.00K
Real Estate Owned	Q2 2016vs Q2 2015	$0$146.00K

Rates

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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
0.25%	-	-	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	VIEW DETAILS
0.15%^*	$100k^*	-	Money Market Deposit Account
OTHER TIERS: 0.08% → $2,500 - $10k \| 0.10% → $10k - $50k \| 0.13% → $50k - $100k

Bank of Salem (MO) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.08%^*	$2,500^*	-	Interest Checking Account
OTHER TIERS: 0.06% → Up to $1k \| 0.07% → $1k - $2,500
0.08%^*	$2,500^*	-	Senior 55 Checking
OTHER TIERS: 0.06% → Up to $1k \| 0.07% → $1k - $2,500

Bank of Salem (MO) CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.21%^*	$100k^*	-	60 Month Certificate
OTHER TIERS: 1.15% → $1k - $50k \| 1.18% → $50k - $100k
0.95%^*	$100k^*	-	48 Month Certificate
OTHER TIERS: 0.90% → $1k - $50k \| 0.93% → $50k - $100k
0.73%^*	$100k^*	-	36 Month Certificate
OTHER TIERS: 0.68% → $1k - $50k \| 0.70% → $50k - $100k
0.63%^*	$100k^*	-	30 Month Certificate
OTHER TIERS: 0.58% → $1k - $50k \| 0.60% → $50k - $100k
0.53%^*	$100k^*	-	24 Month Certificate
OTHER TIERS: 0.48% → $1k - $50k \| 0.50% → $50k - $100k
0.43%^*	$100k^*	-	18 Month Certificate
OTHER TIERS: 0.38% → $1k - $50k \| 0.40% → $50k - $100k
0.33%^*	$100k^*	-	12 Month Certificate
OTHER TIERS: 0.28% → $1k - $50k \| 0.30% → $50k - $100k
0.23%^*	$100k^*	-	6 Month Certificate
OTHER TIERS: 0.18% → $1k - $50k \| 0.20% → $50k - $100k
0.15%^*	$100k^*	-	3 Month Certificate
OTHER TIERS: 0.10% → $1k - $50k \| 0.13% → $50k - $100k

Bank of Salem (MO) IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.21%^*	$100k^*	-	60 Month IRA Certificate
OTHER TIERS: 1.15% → $1k - $50k \| 1.18% → $50k - $100k
0.95%^*	$100k^*	-	48 Month IRA Certificate
OTHER TIERS: 0.90% → $1k - $50k \| 0.93% → $50k - $100k
0.73%^*	$100k^*	-	36 Month IRA Certificate
OTHER TIERS: 0.68% → $1k - $50k \| 0.70% → $50k - $100k
0.63%^*	$100k^*	-	30 Month IRA Certificate
OTHER TIERS: 0.58% → $1k - $50k \| 0.60% → $50k - $100k
0.53%^*	$100k^*	-	24 Month IRA Certificate
OTHER TIERS: 0.48% → $1k - $50k \| 0.50% → $50k - $100k
0.43%^*	$100k^*	-	18 Month IRA Certificate
OTHER TIERS: 0.38% → $1k - $50k \| 0.40% → $50k - $100k
0.33%^*	$100k^*	-	12 Month IRA Certificate
OTHER TIERS: 0.28% → $1k - $50k \| 0.30% → $50k - $100k
0.23%^*	$100k^*	-	6 Month IRA Certificate
OTHER TIERS: 0.18% → $1k - $50k \| 0.20% → $50k - $100k
0.15%^*	$100k^*	-	3 Month IRA Certificate
OTHER TIERS: 0.10% → $1k - $50k \| 0.13% → $50k - $100k

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