Banks in Salem, VA
Branches open
10
Banks present
9
Deposits (2026)
$1.1B
Closings on record
4
1 openings
Banks by deposits in Salem (2026)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Truist Bank | $358M | 33.4% | 2 |
| Wells Fargo | $234M | 21.8% | 1 |
| Atlantic Union Bank | $214M | 20% | 1 |
| CNB Bank | $82M | 7.6% | 1 |
| First Citizens Bank | $69M | 6.5% | 1 |
| Bank of Botetourt | $45M | 4.2% | 1 |
| Pinnacle Bank | $44M | 4.1% | 1 |
| Carter Bank & Trust | $22M | 2.1% | 1 |
| Woodforest National Bank | $3M | 0.3% | 1 |
All branches
- Wells Fargo — 14 W Main St$234M
- Truist Bank — 1425 W Main St$224M
- Atlantic Union Bank — 852 W Main St$214M
- Truist Bank — 2929 Keagy Rd$134M
- CNB Bank — 124 W Main St$82M
- First Citizens Bank — 106 Roanoke Blvd$69M
- Bank of Botetourt — 231 S College Ave$45M
- Pinnacle Bank — 8 E Main St$44M
- Carter Bank & Trust — 1400 Electric Rd$22M
- Woodforest National Bank — 1841 W Main St$3M
Closings
- 1432 APPERSON DR · closed August 20, 2025
- 1251 W MAIN ST · closed May 24, 2024
- 1395 WEST MAIN STREET · closed December 8, 2020
- First Community Bank — Salem, VAbank exits city1406 S. COLORADO STREET · closed September 30, 2020
Transcribed from FDIC BankFind Suite active-location records, the annual Summary of Deposits and structure-change records. Deposit figures reflect the office to which deposits are reported and may not represent where depositors live.