Salem Co-Operative Bank is a bank based in Salem, New Hampshire, established in 1922, with $570 million in total assets across 2 branches. By Trust Grade it ranks 10th of 17 banks we track in New Hampshire. Its capital ratio of 11.2% is stronger than 65% of similarly sized banks, versus a New Hampshire median of 9.6%. It was profitable over the most recent period, with a 0.28% return on assets. No consumer complaints against Salem Co-Operative Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Salem Co-Operative Bank compares to New Hampshire peers
How we graded Salem Co-Operative Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.2% capital ratio)
- Profitable (ROA 0.28%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Salem Co-Operative Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (2)
- 3 S Broadway, Salem, NH 03079
- 284 Merrimack St, Methuen, MA 01844
Are deposits at Salem Co-Operative Bank insured?
Yes. Salem Co-Operative Bank is an FDIC-insured bank (FDIC certificate #27824). 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.
Salem Co-Operative Bank: frequently asked questions
Is Salem Co-Operative Bank a good bank?
Salem Co-Operative 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). Strongly capitalized (11.2% capital ratio); Profitable (ROA 0.28%).
Is Salem Co-Operative Bank FDIC-insured?
Yes. Salem Co-Operative Bank is a FDIC-insured bank (FDIC certificate #27824). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Salem Co-Operative Bank?
Salem Co-Operative Bank holds $570 million in total assets, ranking 10th of 17 banks we track in New Hampshire. It operates 2 branches.
Does Salem Co-Operative Bank have CFPB complaints?
No CFPB complaints against Salem Co-Operative 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.
