Salem Co-operative Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
2.25%	5-year CD	60 Month CD 3.00% - Barclays 60 Month Online CD
1.00%	1-year CD	12 Month CD 2.40% - Ally Bank High Yield 12-Month CD
0.10%	Savings	Tiered Passbook Savings 1.75% - American Express National Bank High Yield Savings Account

View all Salem Co-operative Bank rates »

Overview / Commentary

www.salemcoop.com

603-898-2153

3 South Broadway
Salem, NH 03079

Salem Co-operative Bank is headquartered in Salem and is the 10^th largest bank in the state of New Hampshire. It is also the 1,635^th largest bank in the nation. It was established in 1922 and as of March of 2018, it had grown to 58 employees at 2 locations. Salem Co-operative Bank's savings rates are 3X the national average, and it has an A health rating.

Overall
FDIC Certificate #	27824
Year Established	1922
Employees	58
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.27%
Return on Equity - YTD	1.71%
Annual Interest Income	$3.8MM

Assets and Liabilities
Assets	Q1 2018vs Q1 2017	$424.1MM$415.2MM
Loans	Q1 2018vs Q1 2017	$332.0MM$311.9MM
Deposits	Q1 2018vs Q1 2017	$276.1MM$278.8MM
Equity Capital	Q1 2018vs Q1 2017	$65.9MM$65.3MM
Loan Loss Allowance	Q1 2018vs Q1 2017	$2.7MM$2.5MM
Unbacked Noncurrent Loans	Q1 2018vs Q1 2017	$2.2MM$1.6MM
Real Estate Owned	Q1 2018vs Q1 2017	$0$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 Salem Co-operative Bank; 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.

Salem Co-operative Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.35%^*	$500k^*	-	Partnership Savings
OTHER TIERS: 0.20% → Up to $10k \| 0.40% → $10k - $25k \| 0.45% → $25k - $50k \| 0.50% → $50k - $100k \| 1.00% → $100k - $250k \| 1.25% → $250k - $500k
0.10%	-	-	Statement Savings
0.10%	-	-	Tiered Passbook Savings
0.10%	$100	-	Club Account

Salem Co-operative Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.00%^*	$250k^*	-	Business Money Market Account
OTHER TIERS: 0.10% → Up to $10k \| 0.15% → $10k - $25k \| 0.30% → $25k - $50k \| 0.40% → $50k - $100k \| 0.75% → $100k - $250k

Salem Co-operative Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.55%^*	$100k^*	-	Partnership Checking
OTHER TIERS: 0.10% → Up to $10k \| 0.15% → $10k - $25k \| 0.20% → $25k - $50k \| 0.35% → $50k - $100k
0.55%	$100	-	IOLTA Account
0.10%	-	-	Senior Advantage Checking
0.10%	$500	-	NOW Checking
0.10%	-	-	Business Now Account
0.10%	$25	-	Communities' Best Checking

Salem Co-operative Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.75%	-	-	21 Month CD Special
2.27%	-	-	15 Month CD Special
2.25%	-	-	60 Month CD
2.00%	-	-	36 Month CD
2.00%	-	-	48 Month CD
1.85%	-	-	30 Month CD
1.75%	-	-	24 Month CD
1.25%	-	-	18 Month CD
1.00%	-	-	12 Month CD
0.50%	-	-	6 Month CD

Salem Co-operative Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.75%	-	-	21 Month IRA Special
2.27%	-	-	15 Month IRA Special
2.25%	-	-	60 Month IRA
2.00%	-	-	36 Month IRA
2.00%	-	-	48 Month IRA
1.85%	-	-	30 Month IRA
1.75%	-	-	24 Month IRA
1.25%	-	-	18 Month IRA
1.00%	-	-	12 Month IRA

Locations

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

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 feedback@depositaccounts.com 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.