Bank of Salem
Bank of Salem is an FDIC-insured bank founded in 1908 and currently headquartered in Salem, AR. As of December 31, 2017, the bank held equity of $14.8 million on $134.2 million in assets. Thanks to the efforts of 38 full-time employees in 3 offices in AR, the bank holds loans and leases worth $105.5 million, including real estate loans of $76.6 million. U.S. bank customers currently have $119.2 million in deposits with the bank.
Bank of Salem - Recent News & Articles
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The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...
In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding tariffs, they also have highlighted the potential impact on inflation. Chicago Fed President Austan G...