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Business Forward Checking™ |
Business Interest Checking |
Business Analysis Checking |
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| Account Summary | Ideal for most small to mid-sized businesses. Provides businesses with value-priced flexibility to efficiently manage your business. | Created for sole proprietors and non-profits maintaining high balances and looking to earn interest | Designed for larger businesses or businesses with comprehensive Cash Management needs. |
| Monthly Transactions Included | 5001 free - 50 cents per additional item | 3001 free - 50 cents per additional item | Contact Banker for details |
| Earns Interest | No | Yes3 | No |
| Monthly Maintenance Fee (if applicable) | $5.002 | $15.002 | $25.002 |
| How to Avoid Monthly Maintenance Fee | Maintain a $500 average daily balance | Maintain a $2,500 average daily balance | Earnings credit may reduce or offset fee |
| Consolidated Billing via Account Analysis with Earnings Credit to Offset Fees | No | No | Yes4 |
| Debit Card | Contactless Salem Five Visa® Debit Card with Card Controls | Contactless Salem Five Visa® Debit Card with Card Controls | Contactless Salem Five Visa® Debit Card with Card Controls |
| Cash Management Services | Cash Flow Solutions5 | Cash Flow Solutions5 | Full Suite of Cash Management Solutions |
| Online Banking with Mobile and Bill Pay | Yes | Yes | Yes |
| Instant-issue Debit Card | Yes | Yes | Yes |
| Best Paired With | Classic Five Savings | Classic Five Money Market or Classic Five Savings | Club Five Money Market |
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| Open Now | Get Started | Get Started | |
It depends on how you bank. If you're looking for a simple everyday account, Connect Five Account is a great option. If you want a no-monthly-fee account with check writing, Classic Five Checking may be the best fit. If you maintain higher balances and want premium benefits and interest earnings, Club Five Checking offers additional value.
Yes. All Salem Five checking accounts include a debit card and access to Online Banking and Mobile Banking, making it easy to manage your money, pay bills, deposit checks, and monitor your accounts wherever you are.
Yes. All Salem Five checking account customers have access to Salem Five ATMs and the Allpoint® ATM network. ATM fees and reimbursements may vary by account, so be sure to compare account features to find the option that best fits your needs.
Yes. As your banking needs change, you can switch to another eligible Salem Five checking account that better fits your lifestyle and financial goals. Our Support Center team can help you determine which account is right for you.
Each account is designed for a different type of customer. Compare features such as monthly fees, fee waiver options, check-writing availability, interest earnings, ATM benefits, and premium banking features to find the account that best meets your needs.
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