Bank of Salem was a state nonmember bank in Salem, NE. It failed on Apr 5, 1971, and its insured deposits were paid out. At its last report it held $679,000 in assets.
Updated Oct 11, 2026
This bank failed
- Failed on
- Apr 5, 1971
- Assets
- $679K
- Deposits
- $606K
- Estimated cost
- Not known
- Deposits went to
- payout
Data is being prepared
The quarterly numbers of this bank appear here as soon as their first load is finished.
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Salem, NE, 68433
- County
- Richardson
- Established
- Jan 1, 1884
- Failed
- Apr 5, 1971
- Id
- b8332
Related pages
Questions and answers
When did Bank of Salem fail?
Apr 5, 1971.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.