US Bank Directory
Banks in Salem, IL
5 FDIC-insured banks operate 8 offices in Salem, Illinois, and 2 credit unions have 2 offices.
Source: FDIC BankFind, data as of September 5, 2026; NCUA call report as of March 31, 2026.
Bank branch map: Salem
Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.
Short answer: 7 banks and credit unions operate 10 locations in Salem, according to the FDIC and the NCUA. 10 of them have coordinates on record and are on the map. 1 publish opening hours.
Branches: FDIC, NCUA. Streets: loading.
10 locations on the map
Tap a cluster to zoom in
Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.
All banks and credit unions in Salem
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: First Financial Bank, Community Partners Savings Bank and The Iuka State Bank have the most locations in Salem, with 2 each. 2 banks have a single office in the city. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
Community Partners Savings Bank Bank · 2
Community Partners Savings Bank has 2 branches in Salem, 6 across Illinois and 6 nationwide. FDIC records list its main office in Salem, IL and show it operating since 1910. With $288.4 million in total assets on June 30, 2026, it ranks No. 2,543 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Salem location is its main office at 301 W Main St, dating to 1910; the newest, at 310 W Main St, to 1999. It does not publish hours in the sources this page uses; check its site before you go.
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Main Office main office301 W Main St, 62881
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West Main Street Drive-Up Branch310 W Main St, 62881
First Financial Bank Bank · 2
First Financial Bank has 2 branches in Salem, 24 across Illinois and 83 nationwide. FDIC records list its main office in Terre Haute, IN and show it operating since 1863. With $6.17 billion in total assets on June 30, 2026, it ranks No. 245 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Salem location is the Salem Branch at 401 W Main St, dating to 1959; the newest, at 1365 W Main St, to 1981. It does not publish hours in the sources this page uses; check its site before you go.
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Salem Drive Up Branch1365 W Main St, 62881
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Salem Branch401 W Main St, 62881
The Iuka State Bank Bank · 2
The Iuka State Bank has 2 branches in Salem, 4 across Illinois and 4 nationwide. FDIC records list its main office in Salem, IL and show it operating since 1910. With $133.0 million in total assets on June 30, 2026, it ranks No. 3,463 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Salem location is its main office at 205 W Main St, dating to 1910; the newest, at 420 W Main St, to 2011. It does not publish hours in the sources this page uses; check its site before you go.
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Main Office main office205 W Main St, 62881
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Salem Banking Drive Up Facility420 W Main St, 62881
Kaskaskia Valley Credit Union Credit union · 1
Kaskaskia Valley Credit Union has 1 office in Salem, 3 across Illinois. It is based in Centralia, IL and $29.0 million in assets on March 31, 2026, according to its NCUA call report. It does not publish hours in the sources this page uses; check its site before you go.
Who can join: see the credit union's site.
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Vital Records1404 W Main St, 62881
Peoples National Bank Bank · 1
Peoples National Bank has 1 branch in Salem, 21 across Illinois and 25 nationwide. FDIC records list its main office in Mount Vernon, IL and show it operating since 1909. With $2.08 billion in total assets on June 30, 2026, it ranks No. 588 of 4,232 U.S. banks by total assets. The Salem Branch at 102 Cross Creek Blvd dates to 1997 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Salem Branch102 Cross Creek Blvd, 62881
Salem School System Credit Union Credit union · 1
Salem School System Credit Union has 1 office in Salem, 1 across Illinois. It is based in Salem, IL and $2.2 million in assets on March 31, 2026, according to its NCUA call report. Its published hours do not list Saturday.
Who can join: see the credit union's site.
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Main Office main officeSalem Community High School 1200 N Broadway Ave, 62881
All hours
Mon to Fri 9 am to 3 pm; Sat to Sun not published
Hours: NCUA, March 31, 2026
The Peoples State Bank of Newton, Illinois Bank · 1
The Peoples State Bank of Newton, Illinois has 1 branch in Salem, 9 across Illinois and 9 nationwide. FDIC records list its main office in Newton, IL and show it operating since 1875. With $736.7 million in total assets on June 30, 2026, it ranks No. 1,332 of 4,232 U.S. banks by total assets. The Salem Branch at 1310 W Main St dates to 1870 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Salem Branch1310 W Main St, 62881
Join a credit union in Salem
2 credit unions have 2 offices here: Kaskaskia Valley Credit Union and Salem School System Credit Union. Each office is listed above with the phone and the hours it filed with the NCUA (call report as of March 31, 2026). Who can join each one is on its own site; the credit unions in Salem page has every office in the state's directory.
Banking in Salem: the local picture
Short answer: 5 banks run 8 branches in Salem according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
Of the 5 banks, 2 have their main office in Salem, 2 elsewhere in Illinois and 1 out of state, according to the FDIC.
The bank with the longest record here is First Financial Bank, operating since 1863 according to the FDIC. In FDIC branch records, the longest-running branch is The Peoples State Bank of Newton, Illinois's office at 1310 W Main St, dating to 1870; the newest is The Iuka State Bank's at 420 W Main St, from 2011.
2 credit unions have 2 offices in Salem, according to the NCUA. Who can join each one is on the credit unions page.
Of the 1 location with published hours. None open on Saturday. 9 locations have no published hours in these sources.
Saturday hours in Salem
Short answer: None of the 1 Salem location with published hours lists Saturday hours. 9 locations do not publish hours in these sources; call ahead.
Credit union hours are the text each credit union filed with the NCUA, call report as of March 31, 2026; a day the filing does not mention is shown as not published, never as closed. Bank branches show hours only where the bank publishes them in a source this page uses; 9 of the 10 locations here have no published hours yet. The source and date sit under each office. Banks and credit unions often close on Federal Reserve holidays; call ahead.
Chase, Bank of America and other national banks
Which big national banks have branches in Salem, and where the nearest one is if they do not.
Short answer: No branches in Salem: Chase (nearest in Belleville, 53 mi), Wells Fargo (nearest in Canton, 145 mi), Bank of America (nearest in O Fallon, 53 mi), PNC Bank (nearest in Edwardsville, 55 mi), U.S. Bank (nearest in Centralia, 12 mi), Truist, Fifth Third Bank (nearest in Mount Vernon, 22 mi), Huntington (nearest in Shorewood, 205 mi), Regions Bank (nearest in Centralia, 13 mi), TD Bank, BMO (nearest in Belleville, 55 mi).
| Bank | In Salem | Nearest branch if none here |
|---|---|---|
| Chase | None | Belleville, 53 miles away |
| Wells Fargo | None | Canton, 145 miles away |
| Bank of America | None | O Fallon, 53 miles away |
| PNC Bank | None | Edwardsville, 55 miles away |
| U.S. Bank | None | Centralia, 12 miles away |
| Truist | None | none in Illinois |
| Fifth Third Bank | None | Mount Vernon, 22 miles away |
| Huntington | None | Shorewood, 205 miles away |
| Regions Bank | None | Centralia, 13 miles away |
| TD Bank | None | none in Illinois |
| BMO | None | Belleville, 55 miles away |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Salem to the nearest branch in Illinois.
What your savings could earn
National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.
Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.
| Offer | Bank | APY | Term | Minimum |
|---|---|---|---|---|
| Savings | CIT Bank | 3.75% | none | $5,000 |
| Savings | Barclays | 3.50% | none | $0 |
| Savings | Marcus by Goldman Sachs | 3.40% | none | $0 |
| CD | Synchrony Bank | 4.35% | 60 Months | $0 |
| CD | Marcus by Goldman Sachs | 4.35% | 24 Months | $500 |
| CD | American Express National Bank | 4.25% | 10 Months | $0 |
Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Salem residents like anyone else.
Banks near Salem
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Centralia (12 miles) and Farina (17 miles). Mount Vernon, 22 miles away, has the most banks nearby: 9.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Centralia, IL | 12 mi | 6 | 7 |
| Banks in Farina, IL | 17 mi | 2 | 2 |
| Banks in Hoyleton, IL | 22 mi | 2 | 2 |
| Banks in Mount Vernon, IL | 22 mi | 9 | 13 |
| Banks in Carlyle, IL | 23 mi | 3 | 4 |
| Banks in Flora, IL | 25 mi | 4 | 6 |
| Banks in Vandalia, IL | 25 mi | 4 | 6 |
| Banks in Louisville, IL | 27 mi | 3 | 3 |
Bank branch openings and closings in Salem
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Salem between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Banks and credit unions based in Salem
Short answer: 3 institutions have their main office in Salem: Community Partners Savings Bank, The Iuka State Bank and Salem School System Credit Union.
| Institution | Type | Total assets, June 30, 2026 | Offices here |
|---|---|---|---|
| Community Partners Savings Bank | Bank | $288.4 million | 2 |
| The Iuka State Bank | Bank | $133.0 million | 2 |
| Salem School System Credit Union | Credit union | $2.2 million | 1 |
Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.
Largest banks in Salem by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Salem offices.
Short answer: First Financial Bank is the largest bank with offices in Salem, with $6.17 billion in total assets on June 30, 2026, No. 245 among U.S. banks by total assets. Peoples National Bank is second with $2.08 billion. 2 of the 5 banks are headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| First Financial Bank | $6.17 billion | No. 245 | 2 | Terre Haute, IN |
| Peoples National Bank | $2.08 billion | No. 588 | 1 | Mount Vernon, IL |
| The Peoples State Bank of Newton, Illinois | $736.7 million | No. 1,332 | 1 | Newton, IL |
| Community Partners Savings Bank | $288.4 million | No. 2,543 | 2 | Salem, IL |
| The Iuka State Bank | $133.0 million | No. 3,463 | 2 | Salem, IL |
Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.
Banks in Salem: FAQ
How many banks are in Salem, IL?
Salem has 5 banks with 8 branches and 2 credit unions with 2 offices, according to FDIC data as of September 5, 2026 and NCUA data as of March 31, 2026.
Which bank has the most branches in Salem?
First Financial Bank, with 2. Community Partners Savings Bank has 2 and The Iuka State Bank has 2.
Is there a First Financial Bank in Salem, IL?
Yes. FDIC data lists 2 First Financial Bank branches in Salem as of September 5, 2026. Its branches are listed under First Financial Bank above, with the address and directions for each.
Is there a Community Partners Savings Bank in Salem, IL?
Yes. FDIC data lists 2 Community Partners Savings Bank branches in Salem as of September 5, 2026, the main office at 301 W Main St. Its branches are listed under Community Partners Savings Bank above, with the address and directions for each.
Is there a The Iuka State Bank in Salem, IL?
Yes. FDIC data lists 2 The Iuka State Bank branches in Salem as of September 5, 2026, the main office at 205 W Main St. Its branches are listed under The Iuka State Bank above, with the address and directions for each.
Is there a Chase in Salem, IL?
No. FDIC data lists no Chase branch in Salem as of September 5, 2026. The nearest is in Belleville, about 53 miles away in a straight line.
Which banks in Salem are open on Saturday?
None of the 1 location with published hours lists Saturday hours. 9 locations do not publish hours in our sources; call ahead.
Which banks are headquartered in Salem?
Community Partners Savings Bank, The Iuka State Bank and Salem School System Credit Union have their main office in Salem, according to the FDIC and the NCUA.
What is the oldest bank in Salem?
First Financial Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1863.
Which credit unions can I join in Salem?
Kaskaskia Valley Credit Union and Salem School System Credit Union have offices in Salem. Check each credit union's membership rules before you apply.
Did any bank branches open or close in Salem in the past year?
FDIC branch records show no branch openings between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Where can I find more banks near Salem?
Nearby cities with more banks include Centralia, Farina, Hoyleton. Centralia is 12 miles away with 6 banks.
How we build this page
Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.
| Data | Source | License | Updated | Data as of |
|---|---|---|---|---|
| FDIC-insured banks: branches, main offices, total assets, dates established | FDIC BankFind Suite API | Public data (U.S. government) | Monthly import | Sep 5, 2026 |
| Credit union offices, phones and hours as filed with the NCUA, total assets | NCUA call report data | Public data (U.S. government) | Quarterly import | Mar 31, 2026 |
| Map coordinates of 2 credit union offices whose NCUA record has none, from the office address | U.S. Census Bureau Geocoder | Public data (U.S. government) | With each NCUA import | Oct 19, 2026 |
| Savings and CD rates, national averages | Banrox Bank Rates | Banrox, from the banks' own rate pages and FDIC national rates | Weekly | see each rate |
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