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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.
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A Dent County Tradition Since 1883 Phone: 573-729-3137 Contact Us | Privacy Policy | Location/Hours
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About The Bank E-Banking Checking Savings Loans Business
Passbook | Money Market | CDs | IRAs | Health Savings | Christmas Club | Current Rates | Savings Calculator
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. Save for the Future
The Bank of Salem offers
several ways to help you
secure your financial future.
Passbook Savings
Money Market Accounts
Certificates of Deposit
Individual Retirement Accounts
Health Savings Accounts
Christmas Club
Safe and SecureThe Bank of Salem is a member of the Federal Deposit Insurance Corporation. Each depositor insured to at least $250,000. 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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