Bank of Salem

Bank of Salem Overview

Bank of Salem, founded in February 19, 1991, is currently an active FDIC insured bank. The chartering agency for Bank of Salem is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Bank of Salem has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Bank of Salem is assigned uner the San Francisco Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on February 19, 1991.

Address Location and Maps for Bank of Salem

Bank Name Bank of Salem FDIC Bank Location for Bank of Salem
Address 1995 Commercial Street Southeast
Salem, OR 97302
County: Marion
Bank’s State: Oregon
Website: Unknown

 

Bank of Salem Detailed Information

FDIC Certificate ID 33313
Bank Institution Name Bank of Salem
Is the Bank Active? Active
Office of Thrift Supervision Docket ID 10610
Total Assets $210,847,000
Total Deposits $172,306,000
Regulator Federal Deposit Insurance Corporation (FDIC)
Bank Charter Class NM – Commercial Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State charter and Fed non-member
FDIC Bank’s Chartering Agency State
Bank is FDIC Insured No, FDIC insured bank is NOT a member of the Bank Insurance Fund
Bank Insurance Fund DIF – Deposit Insurance Fund
Date of Deposit Insurance February 19, 1991
Change Code 223
Change Code Description Merger – FDIC Insured Bank Without Assistance
OCC Bank Charter Number No FDIC Bank Charter Number
Conservatorship FDIC insured bank is not being operated by government conservatorship.
Inactive Bank that used to be FDIC insured? Yes
Credit Card Institution No, bank is not a credit card institution. Credit card loans do not exceed 50% of the FDIC Bank institution’s total assets, including loans that have been securitized and sold.
Insured Commercial Banks Yes
FDIC Supervisory Region San Francisco
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Marion
Office of Thrift Supervision Region West
Assigned Federal Reserve District San Francisco
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

Bank of Salem is insured by the Federal Deposit Insurance Corporation (FDIC)

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