Salem Co-operative Bank

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

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Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

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Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

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Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

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Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

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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!

Overview / Commentary

www.salemcoop.com

603-893-3333

3 South Broadway
Salem, NH 03079-0067

Salem Co-operative Bank is headquartered in SALEM and is the 12^th largest bank in the state of New Hampshire. It is also the 1,628^th largest bank in the nation. It was established in 1922 and as of March of 2025, it had grown to 54 employees at 2 locations. Salem Co-operative Bank has an A health rating.

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Health

Data as of Q1 2025

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Health Grade Components

Overall
FDIC Certificate #	27824
Year Established	1922
Employees	54
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	-0.63%
Return on Equity - YTD	-5.81%
Annual Interest Income	$6.2MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$575.4MM$541.4MM
Loans	Q1 2025vs Q1 2024	$470.3MM$450.4MM
Deposits	Q1 2025vs Q1 2024	$382.7MM$386MM
Equity Capital	Q1 2025vs Q1 2024	$62.1MM$64.8MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$2.9MM$2.9MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$2.1MM$1MM
Real Estate Owned	Q1 2025vs Q1 2024	$0$610K

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

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

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

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

Rates for Salem Co-operative Bank are currently being reviewed.

Locations

Salem Co-operative Bank Locations
284 Merrimack Street	284 Merrimack Street	Methuen, MA 01844
Salem Co-Operative Bank	3 S Broadway	Salem, NH 03079

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