The latest news regarding the takeover of Silicon Valley Bank & Signature Bank by the FDIC can be concerning to you as a banking customer. Salem Co-operative Bank has served our customers and our communities for over 100 years with dedicated customer service and a commitment to conservative lending practices. The Bank has weathered all the financial downturns over the years throughout our history. We are highly capitalized, well above regulatory requirements, and have strong back-up liquidity. The Bank remains a strong partner for you and your business.
Salem Co-operative Bank has been awarded with a 5-star rating from Bauer Financial, an independent bank rating company. We are here for you and all your banking needs with integrity, disciplined lending and a focus on being your Bank of choice.
If you have any questions or concerns, please contact us at 603-893-3333 or 888-546-5827.
Ann R Lally, President & CEO