Bank of Salem

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We recognize your right to privacy at the Bank of Salem. You have a right to expect your personal financial information to remain private and secure. We will maintain standards to ensure that your information is private and secure at all times. Collection and Use of Personal Information We collect, retain and use information about you only where we believe that it will help administer your business or provide products, services and other opportunities to you.

From 1966 until 1994, The Judson Young Memorial Educational Foundation, Inc., was the largest stockholder of the Bank of Salem. The foundation is still in operation today. Because of changes in tax laws, the foundation was required to divest itself of control of the bank. The Young Foundation was established by H.A. Young (sixth president of the bank) and his wife, Maggie, as a memorial to their only son, Judson, who died in 1928 while a student at Dartmouth College. The purpose of the foundation is to provide educational assistance in the form of loans to students for post-secondary education.

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.

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