The North Salem State Bank is a bank based in North Salem, Indiana, established in 1923, with $775 million in total assets across 9 branches. By Trust Grade it ranks 56th of 89 banks we track in Indiana. Its capital ratio of 8.5% trails most similarly sized banks (21th percentile), versus a Indiana median of 9.6%. It was profitable over the most recent period, with a 1.62% return on assets. No consumer complaints against The North Salem State Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How The North Salem State Bank compares to Indiana peers
How we graded The North Salem State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.5% capital ratio)
- Strongly profitable (ROA 1.62%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for The North Salem State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (9)
- 704 W Main St, Danville, IN 46122
- 117 S Warren Dr, Greencastle, IN 46135
- 7 N Broadway St, North Salem, IN 46165
- 1500 E Main St, Danville, IN 46122
- 2202 N Lebanon St, Lebanon, IN 46052
- 1289 N Jackson St, Greencastle, IN 46135
- 2485 E Main St, Plainfield, IN 46168
- 9 W Kentucky St, Clayton, IN 46118
- 1 W Main St, Jamestown, IN 46147
Are deposits at The North Salem State Bank insured?
Yes. The North Salem State Bank is an FDIC-insured bank (FDIC certificate #8063). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
The North Salem State Bank: frequently asked questions
Is The North Salem State Bank a good bank?
The North Salem State Bank earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Well-capitalized (8.5% capital ratio); Strongly profitable (ROA 1.62%).
Is The North Salem State Bank FDIC-insured?
Yes. The North Salem State Bank is a FDIC-insured bank (FDIC certificate #8063). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is The North Salem State Bank?
The North Salem State Bank holds $775 million in total assets, ranking 56th of 89 banks we track in Indiana. It operates 9 branches.
Does The North Salem State Bank have CFPB complaints?
No CFPB complaints against The North Salem State Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
