Salem School System
Salem School System is a credit union based in Salem, Illinois, established in 1956, with $2 million in total assets serving 364 members. By Trust Grade it ranks 40th of 188 credit unions we track in Illinois. Its net worth ratio of 31.6% is stronger than 95% of similarly sized credit unions, versus a Illinois median of 13.7%. It was profitable over the most recent period, with a 1.19% return on assets. No consumer complaints against Salem School System appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Salem School System compares to Illinois peers
How we graded Salem School System
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (31.6% capital ratio)
- Strongly profitable (ROA 1.19%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Salem School System over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Salem School System insured?
Yes. Salem School System is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Salem School System: frequently asked questions
Is Salem School System a good credit union?
Salem School System earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (31.6% capital ratio); Strongly profitable (ROA 1.19%).
Is Salem School System NCUA-insured?
Yes. Salem School System is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Salem School System?
Salem School System holds $2 million in total assets, ranking 40th of 188 credit unions we track in Illinois. It serves 364 members.
Does Salem School System have CFPB complaints?
No CFPB complaints against Salem School System appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
