Salem Five Visa debit card being tapped on a contactless payment terminal at a café.

Rewarding You for Banking with Salem Five

Club Five Checking℠

Simple, digital-only checking to help you manage spending, prevent overdrafts, and build better financial habits over time.
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Checking that Rewards Your Relationship

Enjoy exclusive banking perks designed to help you earn more, save on fees, and get greater value from your relationship with Salem Five.1 As a Club Five member, you'll make everyday banking more rewarding. 

  • No ATM withdrawal fees, and up to $20 per month reimbursed if other banks charge you
  • Access to the Club Five Money Market with a preferred rate of 4.00% APY
  • Free consults with Salem Five Insurance and Wealth Management experts
  • Earn interest on your checking balance, view current rates


Club Five Checking℠ Premium Benefits

Gain access to these enhanced benefits, available only for Club Five Checking℠ customers.

  • No ATM withdrawal fees, and up to $20 per month reimbursed if other banks charge you
  • Access to the Club Five Money Market with a preferred rate of 4.00% APY
  • Free consults with Salem Five Insurance and Salem Five Wealth Management experts
  • Earn interest on your checking balance, view current rates
Professional carrying a laptop while entering an office building, illustrating the exclusive banking, financial planning, and lifestyle benefits available through Club Five.
For Exclusive Club Five Customers

Benefits Beyond Checking

Open a Club Five Money Market account and get a preferred rate.
Put your home equity to work and access funds for renovations, major expenses, or everyday cash flow needs with a Salem Five Star HELOC.
Opt in to Debit Card Round Up where transactions are rounded to the nearest dollar; balance is transferred to your savings or money market account.


 

Pair Club Five with a 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!

FAQs: Club Five Checking℠ Account

What to expect when applying online

1

Choose your checking option

2

Apply online or visit a branch

3

Download the mobile app

Helpful Resources

Personal Wealth Management

Let Salem Five's expert advisors help you protect your investments and gain peace of mind.

Smart Planning

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

Private Client Insurance

From home insurance to auto insurance, from protecting your family or treasured assets, Salem Five can help.


1
A monthly maintenance fee will be charged for any statement cycle if the combined balances of your qualifying Salem Five relationship accounts are less than $25,000 on the date your Club Five Checking statement is generated. Qualifying relationship balances include your personal checking, savings, money market, time deposit (CD), and IRA deposit accounts, as well as the outstanding balances of your personal consumer loans. Closed-end mortgage loans are not included.