Corporate Banking Fee Schedule Updates

Important information regarding Salem Five's Corporate Banking Fee Schedule.  Effective March 1, 2021, the following service fees will be changing for Corporate Checking, Corporate Interest Checking, and Business Depository Transfer accounts.

Service Description Updated Fee
Monthly Maintenance Fee $27.00
Per Deposit Fee $1.15
Per Deposited Item Fee $0.17
Per Check Paid Fee $0.22
Deposit Service Assessment (per $1,000 of average ledger balance) $0.11

If you have any questions or concerns, please contact your Commercial Banker or call (800) 850-5000.