The Bank Of Salem

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Notice of Changes in Temporary FDIC Insurance Coverage for Transaction Accounts

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

A Dent County Tradition Since 1883 Phone: 573-729-3137 Contact Us | Privacy Policy | Location/Hours

Business Online Bill Pay (BIZ-EPAY)

Online Bill Paying Available through the Bank of Salem Business Internet Banking, Business Online Bill Pay (BIZ-EPAY) with No Monthly Fee! Here are the benefits you receive when paying your bills online:

It’s Convenient - The bill pay service is always on – every hour of the day.
It’s Secure - Adhering to our policy of strict confidentiality, the bill pay system uses only the most up-to-the-moment software and practices to safeguard your personal information.
It’s On Time and On The Money - Our policy is as simple as this: If your payment is late or incorrect in any way, we’ll work with you until it's right.
It’s Easy to Use – No envelopes, No stamps!

Some of the features of BIZ-EPAY include:

Administrative tools that include multi-user permissions
Bill payment reminders
Customer specific security features
Dual signature accounts
Email payments (send a payment via email)
Interbank transfers
Live customer service
Memo and comment fields
Pay from multiple bank accounts
Payee categorization
Pending payment calendar

We think you’ll love the convenience of paying your business bills online. Sign up today for Business Internet Banking and enroll in BIZ-EPAY.