SALEM SCHOOL SYSTEM
State-Chartered • Salem, Illinois • Est. 1956
Quick Facts
- Charter Number
- #65346
- Type
- State-Chartered
- Established
- 1956
- Headquarters
- Salem, Illinois 62881-0456
- Address
- P.O. Box 456
- Branches
- 1
- Members
- 368
- Membership Type
- Community
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Well-capitalized with a healthy net worth ratio and solid financial fundamentals. A reliable institution with good long-term stability.
Financial Overview
Total Assets
Members
368 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | SALEM SCHOOL SYSTEM |
|---|---|
| Total Assets | $2.2M |
| Members | 368 |
| Loans Outstanding | $1.7M |
| Shares & Deposits | $1.5M |
| Net Worth | $677K |
| Net Worth Ratio | 31.14% |
| Loan-to-Share Ratio | 113.0% |
| Delinquency Rate | 1.13% |
| Net Income | +$25,840 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
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.
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View Illinois RankingsFrequently Asked Questions
Yes. SALEM SCHOOL SYSTEM is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, SALEM SCHOOL SYSTEM has 368 members and a potential membership field of 500 people.
SALEM SCHOOL SYSTEM's net worth ratio is 31.14% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 31.1%, SALEM SCHOOL SYSTEM meets this threshold.
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 (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or SALEM SCHOOL SYSTEM. All financial data is for informational purposes only.