Banks in Salem, IN

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: 5 banks and credit unions operate 5 locations in Salem, according to the FDIC and the NCUA. 5 of them have coordinates on record and are on the map. 3 publish opening hours.

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: PNC Bank, First Merchants Bank and First Harrison Bank have the most locations in Salem, with 1 each. 3 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.

Beacon Credit Union 1 office · main office Wabash, IN Credit union · 1

Beacon Credit Union has 1 office in Salem, 23 across Indiana. It is based in Wabash, IN and $1.77 billion in assets on March 31, 2026, according to its NCUA call report. It opens on Saturday.

Who can join: see the credit union's site.

• Salem

  300 N Water St, 47167

  (812) 883-2639Today 8:30 am to 5 pm

  All hours

  Mon to Fri 8:30 am to 5 pm; Sat 9 am to 12 pm; Sun not published

  Hours: NCUA, March 31, 2026

  Directions

Beacon Credit Union: profile, branches and contacts

Centra Credit Union 1 office · main office Columbus, IN Credit union · 1

Centra Credit Union has 1 office in Salem, 27 across Indiana. It is based in Columbus, IN and $2.38 billion in assets on March 31, 2026, according to its NCUA call report. It opens on Saturday.

Who can join: see the credit union's site.

• Salem

  1208 S Jackson St, 47167

  (800) 232-3642Today 8:30 am to 5 pm

  All hours

  Mon to Thu 8:30 am to 5 pm; Fri 8:30 am to 6 pm; Sat 8:30 am to 12 pm; Sun closed

  Hours: NCUA, March 31, 2026

  Directions

Centra Credit Union: profile, branches and contacts

First Harrison Bank 1 branch · main office Corydon, IN Bank · 1

First Harrison Bank has 1 branch in Salem, 12 across Indiana and 17 nationwide. FDIC records list its main office in Corydon, IN and show it operating since 1891. With $1.29 billion in total assets on June 30, 2026, it ranks No. 854 of 4,232 U.S. banks by total assets. The Salem Branch at 1312 S Jackson St dates to 2007 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Salem Branch

  1312 S Jackson St, 47167

  Hours: see the bank's site
  DirectionsWebsite

First Harrison Bank: profile, branches and contacts

First Merchants Bank 1 branch · main office Muncie, IN Bank · 1

First Merchants Bank has 1 branch in Salem, 90 across Indiana and 135 nationwide. FDIC records list its main office in Muncie, IN and show it operating since 1893. With $21.32 billion in total assets on June 30, 2026, it ranks No. 101 of 4,232 U.S. banks by total assets. The Salem Office at 1336 S Jackson St dates to 1995 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Salem Office

  1336 S Jackson St, 47167

  Hours: see the bank's site
  DirectionsWebsite

First Merchants Bank: profile, branches and contacts

PNC Bank PNC Bank, National Association · 1 branch · main office Wilmington, DE Bank · 1

PNC Bank has 1 branch in Salem, 80 across Indiana and 2,413 nationwide. FDIC records list its main office in Wilmington, DE and show it operating since 1804. With $609.77 billion in total assets on June 30, 2026, it ranks No. 8 of 4,232 U.S. banks by total assets. The Salem-Indiana Branch at 1 Public Sq dates to 1931 in FDIC branch records. It opens on Saturday.

• Salem-Indiana Branch

  1 Public Sq, 47167

  Today 9 am to 5 pm

  All hours

  Mon not published; Tue to Fri 9 am to 5 pm; Sat 9 am to 1 pm; Sun not published

  Hours: PNC Bank branch locator (All The Places), checked Oct 3, 2026

  DirectionsWebsite

PNC Bank: profile, branches and contacts

Join a credit union in Salem

2 credit unions have 2 offices here: Centra Credit Union and Beacon 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: 3 banks run 3 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 3 banks, 0 have their main office in Salem, 2 elsewhere in Indiana and 1 out of state, according to the FDIC.

The bank with the longest record here is PNC Bank, operating since 1804 according to the FDIC. In FDIC branch records, the longest-running branch is PNC Bank's office at 1 Public Sq, dating to 1931; the newest is First Harrison Bank's at 1312 S Jackson St, from 2007.

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 3 locations with published hours. 3 open on Saturday. 2 locations have no published hours in these sources.

Banks and credit unions open on Saturday in Salem

Short answer: 3 of the 3 Salem locations with published hours open on Saturday, run by 3 institutions.

• PNC Bank: 1 of 1 branch (1 Public Sq: Saturday 9 am to 1 pm)
• Centra Credit Union: 1 of 1 office (1208 S Jackson St: Saturday 8:30 am to 12 pm)
• Beacon Credit Union: 1 of 1 office (300 N Water St: Saturday 9 am to 12 pm)

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; 2 of the 5 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: In Salem: PNC Bank (1). No branches in Salem: Chase (nearest in Scottsburg, 18 mi), Wells Fargo, Bank of America (nearest in New Albany, 24 mi), U.S. Bank (nearest in New Albany, 26 mi), Truist (nearest in New Albany, 23 mi), Fifth Third Bank (nearest in New Albany, 24 mi), Huntington (nearest in Franklin, 62 mi), Regions Bank (nearest in Corydon, 26 mi), TD Bank, BMO (nearest in Martinsville, 59 mi).

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 Indiana.

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%.

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 Scottsburg (18 miles) and Brownstown (19 miles). New Albany, 24 miles away, has the most banks nearby: 14.

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.

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: PNC Bank is the largest bank with offices in Salem, with $609.77 billion in total assets on June 30, 2026, No. 8 among U.S. banks by total assets. First Merchants Bank is second with $21.32 billion. Local deposit shares will follow once the FDIC Summary of Deposits is imported.

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 we build this page

Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.