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Classic Five Checking℠

Straightforward checking with no monthly fees or balance requirements, so you can spend and save with confidence.
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Family spending time together at home, representing saving for everyday moments and future financial goals with a Classic Five savings account.
Two people sitting at home using a laptop and reviewing finances together while enjoying coffee.

Everyday Banking Made Easy

A simple, everyday checking account with great benefits so you're able to focus on saving and being fiscally fit. 

  • No monthly fee or minimum balance requirement
  • Free ATM use at all Salem Five ATMs and more than 55,000 Allpoint® ATMs nationwide
  • Optional Debit Card Roundup to automatically save money
  • Free overdraft protection when paired with companion savings account
  • First order of standard checks is free
  • Free online & mobile banking

Classic Five Checking℠ Account Benefits

Support better financial habits with automatic savings designed to help you manage your money responsibly.

Opt in to Debit Card Round Up and your purchases are rounded up to the nearest whole dollar. This balance is transferred automatically to a companion savings account to gradually build up your savings in an effortless way.

Enroll when you open your account in-branch or online.
Graphic promoting Salem Five's Debit Card Round Up feature, which automatically rounds up debit card purchases and transfers the difference to savings.

Is Classic Five Right for You?

TESTING BLOCK ONLY - FUTURE USE WITH QUIZ
Answer a few questions and we’ll help you pick the best checking option.
Find Your Match in 5 Questions

Pair Classic Five with a Savings or Money Market Account

Build a strong financial profile when you connect your Salem Five checking to a savings or money market account. It’s easy to open both at the same time!
Open Both Online Now

FAQs: Classic Five Checking℠ Account

What to expect when applying online

1

Choose your checking option

Let’s find the right fit
2

Apply online or visit a branch

Apply online now
3

Download the mobile app

Find a Salem Five Branch

Helpful Resources

Financial Insights

Salem Five’s Education Center provides insights and tips to help you along your financial journey.
Building a Cash Wedding Registry
Avoiding Tax Penalties
Understanding Insurance Premiums
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Smart Planning

Plan for retirement, homeownership, savings, and more with our suite of online calculators.
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Learn About Homeownership

Explore articles about mortgages, refinancing, equity, insurance, and more in our Education Center.
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About Private Mortgage Insurance
Down Payment Assistance Programs
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