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 |
| ACH Services Module | $45.00 |
| ACH Originated Item(s) | $0.22 |
| Zero Balance Sub Account | $20.00 |
| Line of Credit Sweep | $250.00 |
| Outgoing Domestic Wire (Call-in) | $35.00 |
If you have any questions or concerns, please contact your Commercial Banker or call (800) 850-5000.