SALEM SCHOOL SYSTEM
State-Chartered • Salem, Illinois • Est. 1956
Quick Facts
- Charter Number
- #65346
- Type
- State-Chartered
- Established
- 1956
- Headquarters
- Salem, Illinois 62881-4204
- Address
- Salem Community High School
- Branches
- 1
- Members
- 364
- Membership Type
- Community
CUScore Financial Grade
Based on Q1 2026 NCUA Call Report data
Under CUScore's rules, this institution reports a net worth ratio of at least 10% and a delinquency rate below 1%. This simplified grade is informational, is not an official NCUA rating, and does not determine regulatory or deposit-insurance status.
Financial Overview
Total Assets
Members
364 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | SALEM SCHOOL SYSTEM |
|---|---|
| Total Assets | $2.2M |
| Members | 364 |
| Loans Outstanding | $1.6M |
| Shares & Deposits | $1.5M |
| Net Worth | $683K |
| Net Worth Ratio | 31.63% |
| Loan-to-Share Ratio | 109.9% |
| Delinquency Rate | 0.00% |
| Net Income | +$6,428 |
Source: Q1 2026 NCUA Call Report • Reporting date: 3/31/2026
Branch Locations
1 location
Main Connection
Main OfficeSalem Community High School
Salem, IL 62881-4204
Who Can Join SALEM SCHOOL SYSTEM?
Membership Type: Community
Membership eligibility for SALEM SCHOOL SYSTEM may vary. Contact the credit union directly to confirm qualification requirements.
Contact SALEM SCHOOL SYSTEM directly or visit their website for the most accurate and up-to-date membership eligibility information.
Find More Credit Unions in Illinois
Review the Q1 2026 statewide dataset, aggregate ratios, and institutions ranked by reported assets.
View Illinois RankingsFrequently Asked Questions
SALEM SCHOOL SYSTEM is listed as federally insured in the Q1 2026 NCUA dataset. NCUA share insurance generally covers qualifying accounts up to the standard maximum amount, with coverage depending on account ownership categories. Verify current status and coverage for your accounts with the NCUA or the institution.
As of the Q1 2026 NCUA Call Report, SALEM SCHOOL SYSTEM has 364 members and a potential membership field of 500 people.
SALEM SCHOOL SYSTEM's reported net worth ratio is 31.63% as of Q1 2026. The NCUA's standard net worth ratio threshold for "well capitalized" is 7%, although official status can involve additional rules.
SALEM SCHOOL SYSTEM operates 1 branch location. The main office is located at Salem Community High School, Salem, IL 62881-4204.
SALEM SCHOOL SYSTEM was established in 1956. It is a state-chartered credit union chartered under charter number 65346. The institution has been serving members for 70 years.
Data sourced from the NCUA Quarterly Call Report (Q1 2026). CUScore is an independent directory and is not affiliated with the NCUA or SALEM SCHOOL SYSTEM. All financial data is for informational purposes only.