Business Accounts and Services

Salem Five’s business banking experts are here to work with you and work for you at every Salem Five location. We start by understanding your business needs, then set you up with the combination of business accounts and digital banking tools to help you manage your money.

Choose below to learn about the various tools we offer for our business customers.


Business Forward Checking™

We know that you need flexibility to manage your business. Which is why we designed our new Business Forward Checking account with everything that most small to mid-sized businesses need to succeed. Learn More

Business Interest Checking

With Business Interest Checking from Salem Five, you get an abundance of features, including 300 monthly transactions, free Online Banking with options for initial cash management services, available Bill Pay and Mobile Deposit Capture. Learn More

Business Analysis Checking

This account allows you to use a full array of Cash Management services, such as Positive Pay, Wire Transfers, ACH Origination, and Automated Sweeps, in addition to Online Banking. Learn More

IOLTA Checking

Salem Five’s IOLTA checking offers unlimited monthly transactions, no minimum balance requirements, online banking, and more.  Learn More

Savings and Money Market

Business Statement Savings

A Business Statement Savings account from Salem Five, you’ll enjoy interest compounded daily and credited monthly, unlimited deposits and withdrawals, 24/7 account access and more. Learn More

Business Money Market

Take advantage of a Business Money Market account that offers competitive variable interest rates based on your average account balance and much more. Learn More

Business Star Money Market

With a Business Star Money Market account you'll enjoy competitive variable interest rates and no monthly fees with a minimum average daily balance of $10,000. Learn More

Non-Profit Business Money Market

Designed specifically for not-for-profits of all sizes, this interest-bearing account helps your organizations' money work harder. Learn More

Loans & Line of Credit


An SBA loan is geared specifically to small businesses and might be right for you and your company. As an SBA Preferred Lender, Salem Five can simplify the application process. Learn More

Term Loans & Lines of Credit

From purchasing equipment or vehicles and consolidating debt, to having capital on tap, a Salem Five term loan or line of credit can help you grow at your own pace. Learn More

Commercial Real Estate

Salem Five has the right resources to fund a commercial real estate transaction for your business. Learn More

Credit Cards

A Business Credit Card from Salem Five offers the features and flexibility you’re looking for with important features. Learn More

Sweep Account

Automate your investments and maximize your income with a Sweep Account. Overnight, your excess funds are placed in interest-bearing Repurchase Agreements. You’ll earn interest while preserving your liquidity.

Sweep Account Features

  • Automates investment of excess funds
  • Nightly sweep after checks and other debits are made
  • Gain easy access to operating funds

Zero Balance Account

A Zero Balance Account automatically pools funds from your subsidiary accounts every day for investment or other productive uses. Reduce idle balances and reduce costs by eliminating overdraft expenses.


  • Automatically manage transfers between accounts
  • Reduce balances in unused accounts
  • Streamline account monitoring
  • Automate nightly transfers

Business Services

Salem Five offers a range of services and products—like Cash Management, Employee Banking, a Mobile App, and more.

Cash Management

Ensuring that you have cash where you need it and when you need it. Learn More

Merchant Services

Salem Five has teamed up with Clover, an all-in-one point-of-sale (POS) system featuring the latest in modern technology that can help transform your business. Learn More

Visa® Debit & ATM Card

Give your business more purchasing power, while you make your banking even easier. A Visa® Business Debit or ATM Card lets you use any ATM worldwide for free,* make purchases, pay bills and much more.


Visa® is a Registered Trademark of Visa USA Inc.

*Applies to Business Star Checking accounts. Salem Five will post reimbursed fees assessed by foreign ATMs to your account statement

**To learn more about Visa Zero Liability Protection click here.