Bank Branches › Virginia › Salem city
Banks in Salem city, Virginia
Salem city has 10 bank offices, 12 fewer than its peak of 22 in 1994 (−55%). They belong to 9 banks, led by Truist Bank with 2.
10
offices, 2026
22
peak (1994)
23
no longer reported
$1.1B
deposits booked
Map
open (10)no longer reported (21 of 23 have map coordinates)
The county's passbook
Bank offices reporting on June 30Deposits booked at them (nominal dollars, own scale)
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994PEAK | 22 | $512M | |
| Jun 30 1995 | 22 | · | $526M |
| Jun 30 2000 | 20 | · | $562M |
| Jun 30 2005 | 16 | −1 | $596M |
| Jun 30 2010 | 15 | · | $655M |
| Jun 30 2015 | 13 | −1 | $712M |
| Jun 30 2020 | 13 | · | $896M |
| Jun 30 2025 | 11 | · | $1.0B |
| Jun 30 2026NOW | 10 | −1 | $1.1B |
Open the full passbook — all 33 years ▾
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994PEAK | 22 | $512M | |
| Jun 30 1995 | 22 | · | $526M |
| Jun 30 1996 | 21 | −1 | $505M |
| Jun 30 1997 | 21 | · | $502M |
| Jun 30 1998 | 19 | −2 | $521M |
| Jun 30 1999 | 20 | +1 | $558M |
| Jun 30 2000 | 20 | · | $562M |
| Jun 30 2001 | 19 | −1 | $584M |
| Jun 30 2002 | 18 | −1 | $596M |
| Jun 30 2003 | 18 | · | $616M |
| Jun 30 2004 | 17 | −1 | $573M |
| Jun 30 2005 | 16 | −1 | $596M |
| Jun 30 2006 | 16 | · | $668M |
| Jun 30 2007 | 16 | · | $687M |
| Jun 30 2008 | 16 | · | $694M |
| Jun 30 2009 | 15 | −1 | $701M |
| Jun 30 2010 | 15 | · | $655M |
| Jun 30 2011 | 14 | −1 | $674M |
| Jun 30 2012 | 14 | · | $707M |
| Jun 30 2013 | 14 | · | $681M |
| Jun 30 2014 | 14 | · | $685M |
| Jun 30 2015 | 13 | −1 | $712M |
| Jun 30 2016 | 15 | +2 | $778M |
| Jun 30 2017 | 16 | +1 | $816M |
| Jun 30 2018 | 14 | −2 | $763M |
| Jun 30 2019 | 13 | −1 | $803M |
| Jun 30 2020 | 13 | · | $896M |
| Jun 30 2021 | 11 | −2 | $943M |
| Jun 30 2022 | 11 | · | $974M |
| Jun 30 2023 | 12 | +1 | $993M |
| Jun 30 2024 | 11 | −1 | $1.0B |
| Jun 30 2025 | 11 | · | $1.0B |
| Jun 30 2026NOW | 10 | −1 | $1.1B |
Banks in Salem city
| Bank | Offices | Deposits here |
|---|---|---|
| Truist Bank | 2 | $358M |
| Wells Fargo Bank, National Association | 1 | $234M |
| Pinnacle Bank | 1 | $44.0M |
| First-Citizens Bank & Trust Company | 1 | $69.4M |
| Carter Bank & Trust | 1 | $22.2M |
| Woodforest National Bank | 1 | $3.1M |
| Atlantic Union Bank | 1 | $214M |
| Bank of Botetourt | 1 | $45.1M |
| CNB Bank | 1 | $81.9M |
Every bank office open in Salem city
| Bank | Address | Deposits |
|---|---|---|
| Wells Fargo Bank, National AssociationSalem Branch | 14 W Main StSalem 24153 | $234M |
| Truist BankSpartan Square Branch | 1425 W Main StSalem 24153 | $224M |
| Atlantic Union BankSalem Branch | 852 W Main StSalem 24153 | $214M |
| Truist BankLewis Gale Branch | 2929 Keagy RdSalem 24153 | $134M |
| CNB BankSalem Branch Office | 124 W Main StSalem 24153 | $81.9M |
| First-Citizens Bank & Trust CompanySalem Main Office Branch | 106 Roanoke BlvdSalem 24153 | $69.4M |
| Bank of BotetourtSalem Branch | 231 S College AveSalem 24153 | $45.1M |
| Pinnacle BankSalem Branch | 8 E Main StSalem 24153 | $44.0M |
| Carter Bank & TrustElectric Road Branch | 1400 Electric RdSalem 24153 | $22.2M |
| Woodforest National Bank0960 Salem Walmart Branch | 1841 W Main StSalem 24153 · Full-service retail office | $3.1M |
Sorted by deposits booked on June 30, 2026. "Opened" is the establishment date in the FDIC record.
Offices no longer reported
Offices in Salem city that filed a report in some year from 1994 on and are missing from 2026. Most closed; some were sold to non-banks or converted. Newest departures first.
| Last bank on the sign | Address | Last report |
|---|---|---|
| Wells Fargo Bank, National Association | 1432 Apperson DrSalem 24153 | 2025 |
| Atlantic Union Bank | 1251 W Main StSalem 24153 | 2023 |
| Truist Bank | 1395 West Main StreetSalem 24153 | 2020 |
| First Community Bank | 1406 S. Colorado StreetSalem 24153 | 2020 |
| Branch Banking and Trust Company | 121 Electric RoadSalem 24153 | 2017 |
| SunTrust Bank | 161 Electric RoadSalem 24153 · Full-service retail office | 2017 |
| Union First Market Bank | 220 East Main StreetSalem 24153 | 2014 |
| Branch Banking and Trust Company | 2809 W Main StSalem 24153 | 2014 |
| StellarOne Bank | 220 East Main StreetSalem 24153 · Drive-through / facility office | 2010 |
| StellarOne Bank | 1406 Colorado StreetSalem 24153 | 2008 |
| SunTrust Bankre-filed as office 464198 | 1841 West Main StreetSalem 24153 · Full-service retail office | 2006 |
| SunTrust Bank | 1425 West Main StreetSalem 24153 | 2004 |
| National Bank of Commerce | 1925 Electric RoadSalem 24153 | 2004 |
| Branch Banking and Trust Company of Virginia | 303 East Burwell StreetSalem 24153 | 2003 |
| First National Exchange Bank | 100 East Main StreetSalem 24153 | 2002 |
| National Bank of Commerce | 1477 West Main StreetSalem 24153 | 2001 |
| Southwest Virginia Savings Bank, F.S.B. | 40 W Main StSalem 24153 | 2001 |
| First Union National Bank | 100 East Main StreetSalem 24153 | 2000 |
| Wachovia Bank, National Association | 1400 Electric RoadSalem 24153 | 1998 |
| Signet Bank | 102 Calhoun StreetSalem 24153 · Drive-through / facility office | 1997 |
| Virginia First Savings, FSBre-filed as office 281561 | 303 E Burwell StreetSalem 24153 | 1997 |
| Signet Bank | 852 West Main StreetSalem 24153 | 1997 |
| First Virginia Bank-Southwest | Lee HighwaySalem 24153 | 1997 |
| First Virginia Bank-Southwest | 223 East Main StreetSalem 24153 | 1996 |
| First Virginia Bank-Southwest | 3730 Knollridge RoadSalem 24153 | 1996 |
County FIPS 51775 · 15 square miles of land (2024 Census Gazetteer).