The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

From Q2 2025 to Q2 2026, the score rose 7 points (60 → 67), mostly because the earnings component improved by 22 points.

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Similar-size banks in New Hampshire

Yes. Salem Co-operative Bank is an FDIC-insured institution (FDIC certificate #27824). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 15.3% of deposits ($61.9M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 11.89%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 18.90% (benchmark: 10%).

Check how much of your own balance is covered

Salem Co-operative Bank lists 2 offices in 2 cities across 2 states. Most locations:

• Methuen, MA (1)
• Salem, NH (1)

All branch addresses and map

In 2025, Salem Co-operative Bank reported 123 home-loan applications under HMDA (LEI 549300O2WI1UYPLRU579): 71 originated ($33,005,000 total), 27 denied, and 20 withdrawn or closed by the applicant. Its denial rate on decided applications was 26.2%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Legal name

Salem Co-operative Bank

Type

Savings association

FDIC certificate #

27824

RSSD ID

670878

Primary regulator

FDIC

Established

January 1, 1922

Headquarters

3 S Broadway, Salem, NH 03079

Website

www.salemcoop.com

Employees

52