Our All-in-One Checking Account with Rewards
The Open Account is the only checking account we offer. Because it’s the only one you need. It is an all-in-one account that has great benefits. No monthly maintenance fee, no minimum balance and 5 cents back for every purchase!
Let’s Grow Your Business
Salem Five is serious about business and understands how community businesses contribute to the health of our communities. We've got a variety of innovative and practical banking solutions for businesses of all sizes. How can we help yours?
1 Annual Percentage Yield (APY) is accurate as of 2/13/2024 and subject to change. A minimum balance of $10,000 is required to open and obtain the 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.