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Temporary Liquidity
Guarantee Program
Beginning July 1, 2010, the Bank of Salem will no longer participate in the FDIC's Transaction Account Guarantee Program. Thus, after June 30, 2010, funds held in noninterest-bearing transaction accounts will no longer be guaranteed in full under the Transaction Account Guarantee Program, but will be insured up to $250,000 under the FDIC's general deposit insurance rule. |
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| Savings Accounts The Bank of Salem has stable ownership, strong capital, experienced management, and an unmatched commitment to our customers and our community. We offer a variety of stable savings vehicles to offer our customers peace of mind as they watch their money grow. |
The Bank of Salem offers
several ways to help you
secure your financial future. |
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Safe and SecureThe Bank of Salem is a member of the Federal Deposit Insurance Corporation. Each depositor insured to at least $250,000. Temporarily increased from $100,000 to $250,000 through December 31, 2013. Federal Deposit Insurance EstimatorLearn about deposit insurance and estimate the adequacy of your deposit insurance using EDIE, your Electronic Deposit Insurance Estimator
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