Explore Our New Checking Account Options.
Three new account options that align with the needs of customers at different stages. Club Five CheckingSM for premium rewards, Connect Five Account™ for digital-forward banking and Classic Five CheckingSM for an everyday account.Big Goals, Smarter Funding, Better Business
At Salem Five, we don’t just provide capital—we provide the tools to manage it. As an SBA Preferred Lender, we offer streamlined access to SBA loans with lower down payments and flexible terms. Pair your funding with our Business Forward Checking ™, featuring 500 free monthly transactions, and leverage Merchant Services or Treasury Management to optimize your daily cash flow.Coverage for Wherever Life Takes You
From your home to your car and everything in between, having the right insurance helps protect the things you've worked hard for. Discover coverage options tailored to your needs and get started with a personalized quote. For affluent households with more complex insurance needs, Salem Five's Private Client practice delivers customized risk management solutions designed to help protect your lifestyle, assets, and legacy.
1 Annual Percentage Yield (APY) is accurate as of 10/14/2026 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.