In 1883 the world’s first rodeo was held in Pecos, Texas, there were 38 states in the United States, and the Bank of Salem was founded with authorized capital of $13,000.
Today, over 130 years later, the Bank has operating capital in excess of $8,000,000, and is still owned and operated by descendants of the original bank organizers. The Bank continues to offer old fashioned, personal service while keeping up with the latest products and services in the financial industry.
The Bank of Salem has strong capital, stable ownership, experienced management, and an unmatched commitment to our customers and our community. We invite you to become part of our banking tradition.
PROTECT YOUR IDENTITY!
Every 3 seconds, someone in the United States becomes a victim of identity fraud. Make sure you don’t become a statistic by following these steps.
Secure personal and financial records in locked storage or behind a password on your computer or mobile device – whether at home or at work.
Monitor all financial accounts at least weekly.
Don’t use unsecured Wi-Fi (at a coffee shop, library, airport, hotel, etc.) to transmit personal or financial information.
When paying for a purchase online, look for “https” and not just “http” at the start of a merchant’s web address. Most browsers will also show a bright green box and padlock graphic in the address bar.
Don’t overshare on social sites. If you post too much information, an identity thief may find it, use it to answer “challenge” questions on your other accounts, and gain access to your money and personal information.
Review your three credit reports (Experian, Equifax, and TransUnion) at least once a year. Request a report from one every four months on a rotating basis.