Consumer Banking Fee Schedule

¹Club Five checking^℠ - Maintain $25,000 or more in combined balances to avoid maintenance fee per statement cycle. Eligible combined balances include personal checking, personal savings and money markets, time deposits, retirement IRA, and outstanding consumer loan balances (excluding closed-end mortgages).

²Connect Five checking™ - Minimum daily balance to avoid maintenance fee per statement cycle is $500 OR primary account owner is under the age of 26.

³18/65 Checking - Customers who are at least 65 years old or less than 19 years old are limited to one free savings and one free checking account per customer.

⁴Classic Five Savings^℠ - Minimum daily balance to avoid maintenance fee per statement cycle is $500 OR primary account owner is under the age of 26 OR have at least one Debit Card Round Up Credit post to the account during your monthly account cycle.

⁵18/65 Savings - Must be 65 years old or less than 19 years old to open account. Customers who are at least 65 years old or less than 19 years old are limited to one free savings and one free checking account per customer.

⁶Classic Five Money Market^℠ - Minimum daily balance to avoid maintenance fee per statement cycle is $500 OR have at least one Debit Card Round Up Credit post to the account during your monthly account cycle.

⁷Club Five Money market^℠-Maintain $25,000 or more in combined balances to avoid maintenance fee per statement cycle. Eligible combined balances include personal checking, personal savings and money markets, time deposits, retirement IRA, and outstanding consumer loan balances (excluding closed-end mortgages).

⁸Must have a Club Five Checking to open account

⁹Minimum daily balance to avoid monthly fee per statement cycle is $2,500.

¹⁰These per item fees are imposed for overdrafts created by checks, in-person withdrawals, ATM withdrawals, and other electronic means (as applicable). For 18/65 accounts, the $35 per item fee is reduced to $5 per item. NSF fees will be limited to five (5) fees per day that can be charged to your account. Salem Five will not charge a fee to your deposit account when we decline or return an item unpaid due to insufficient or uncollected funds, but you may be charged a fee by the payee for the returned payment. Should a transaction overdraw your account in the amount of $5 or less, your account will not be charged.

¹¹Per statement, deposit slip or check (first 25 checks requested annually per account are free).

¹²An inactivity fee will be imposed on checking accounts if the average daily balance is below $250 and there is no customer-initiated activity for twelve consecutive months. The fee will be charged monthly thereafter until activity resumes. Customer-initiated activity generally includes deposits, withdrawals, and transfers. Interest credits, preauthorized or recurring electronic transactions, and other bank-generated transactions do not qualify. The Advantage Money Market, Club Five Checking, Club Five Money Market, Gold Star Money Market and 18/65 accounts are not subject to this fee.

¹³If the item returned is drawn on an account held by the Salem Five account holder at another bank, the fee assessed is $7.50.

¹⁴Additional charges may be assessed by intermediary bank(s). These charges will be deducted from the check or wire transfer proceeds.

¹⁵Whenever you use your Salem Five Visa^® Debit Card or ATM Card outside of the United States to get cash at an ATM, or to purchase goods or services, or for cash advances we will charge a foreign exchange fee equal to 3% of the transaction amount. This fee will also apply when the Salem Five card holder is physically located inside the United States but the merchant is located outside the United States.

¹⁴Additional charges may be assessed by intermediary bank(s). These charges will be deducted from the check or wire transfer proceeds.