Notice of Changes in FDIC Insurance Coverage for Transaction Accounts
By federal law, as of 1/1/2013, funds in a noninterest-bearing transaction account (including an IOLTA) will no longer receive unlimited deposit insurance coverage, but will be FDIC-insured to the legal maximum of $250,000 for each ownership category. For more information about FDIC insurance coverage of transaction accounts, visit www.fdic.gov.
Internet BankingSign-up now by completing the Internet Banking Enrollment Form. Click on the Enrollment Form link, complete the form, and bring it in or mail it to the Bank of Salem. You may also sign-up in person at either Bank of Salem location. We will set up your account and give you First Time Log In instructions.
Log In to Your Account:Required Prior to Log-In: Please download and complete the document enrollment.pdf (requires Acrobat Reader) and bring it or mail it to the Bank of Salem in order to receive First Time Log In Instructions.
TO ENROLL, simply log in to Internet Banking, click the OPTIONS menu, choose Mobile Banking and follow the prompts. You must have a current Internet Banking Account in order to use Mobile Banking.