Convenient, Secure Digital Banking
Earn up to 4.50% APY1 with special 9-, 15-, and 18-month CD and IRA rates.
Act fast—this offer won’t be around for long! Visit a Salem Five branch near you, or open your CD or IRA online.
The Connect Five AccountTM
A digitally-oriented, checkless account, perfect for teens, young adults or those starting out on their financial journey.
The Classic Five CheckingSM
A simple, everyday checking account with no monthly maintenance fee or balance requirement.
Club Five CheckingSM
Premium services and benefits for customers who maintain higher balances.
1 Annual Percentage Yield (APY) is accurate as of 11/3/2026 and subject to change. A minimum balance of $10,000 is required to open the disclosed annual percentage yield (APY) for our non-IRA CD Special, and for our IRA CD Special the minimum balance is $2,000. A penalty will be imposed for early withdrawals from Certificates of Deposit (CDs). Maximum deposit amount is $500,000. Fees may reduce earnings. Personal accounts only. One account per customer.