The history of North Salem State Bank.
North Salem State Bank (NSSB) is a locally owned community bank located in North Salem, Indiana. NSSB was founded in 1923 and is committed to providing its customers and its communities quality products and quality service through a dedicated and professional staff, while enhancing shareholder value.
NSSB began expanding its market area in 1989, with the opening of our second branch location in Danville, Indiana. North Salem and Danville Main remained the only two branches until 1995, when the bank opened its third location in the Danville Kroger. North Salem State Bank was one of the first community banks in the area to try this type of supermarket facility. In 1996, NSSB expanded into two other areas of west central Indiana. In Greencastle, we opened our second supermarket facility in addition to acquiring a small banking facility from National City Bank in Waveland.
With the steady growth over the years, NSSB opened a new full-service branch in Greencastle in 2007, replacing the supermarket office that had become too small for the bank’s volume. In 2010, we announced the opening of a second full-service branch in Danville, located on Old 36 just west of the Hendricks County Fairgrounds. We opened a branch in Lebanon in July 2013 and our first deposit taking ATM in Danville (202 W Main) in January 2014. In May 2016 we opened a second branch in Greencastle. We opened a branch in Plainfield located on E. Main Street in March 2017. In April 2018 we opened a branch in Clayton located on 9 W Kentucky Street. Our new Jamestown branch located at 1 W. Main St. opened Spring 2020.
This expansion and growth could not have taken place without the vision and leadership of the Board of Directors and the Executive Management team. Their leadership has allowed the dedicated staff to know what the bank is about, where it is headed, and how the staff’s continued efforts and excellent customer service will help them meet their goals.