Alert!

All offices and drive-up windows will be closed on Monday, May 29th in observance of Memorial Day.

Information about our merger and your transition to NBT can be found at SalisburyBank.com/NBT

For information regarding recent industry news visit: SalisburyBank.com/Industry-News

Lawyers Trust Account (IOLTA/IOLA)

Designed to easily manage the distribution of interest for client’s funds to the state bar.

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IOLTA / IOLA Rates

Effective Date: Friday May 26, 2023

On Balances APY*
$0.01 - $99,999.99 0.15%
$100,000.00 - $249,999.99 0.18%
$250,000.00 - $499,999.99 0.20%
$500,000.00 - $999,999.99 0.20%
$1,000,000.00 and over 0.20%

 

* APY is defined to mean Annual Percentage Yield. Interest is compounded daily, credited monthly and paid to the State Agency designated by statute.

Frequency - interest will be compounded daily and credited monthly and paid to the State Agency designated by statute. If you close your account before interest is credited, you will receive the accrued interest.

We use the “daily balance method” to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Interest begins to accrue on the first business day after the business day you deposit non-cash items (for example, checks).

Fees may reduce earnings. Please see our separate Fee Schedule for other fees that may apply to this account.

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We can help you plan ahead for your goals—big and small.

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Easily transfer money, pay bills and more.

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Our debit and credit cards make purchases fast, easy and safe.

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Tools and tips to help keep your money and your identity secure.

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Checking Accounts

Designed to help your business operate efficiently - backed by the value, convenience and personal service you expect.

Savings Accounts

Keep your money working for you even when you’re not and get the most out of your deposits.

Borrowing

When you need a banking partner who can tailor your loan to fit your company’s needs.

Wealth Advisory Services

From retirement planning to investment and estate management, our team puts your goals and peace of mind above all else.

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We’re a community bank, but our role in the communities we serve goes far beyond banking.

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The Salisbury Bank Difference

We believe banking is more than balances and bottom lines. It’s about building relationships that last a lifetime.

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