Using a Sinking Fund to Save
Hearing the name "sinking fund" may give you the wrong idea, mainly if you've never heard of one before. A sinking fund differs from a savings account because money ...
Business Money Market
Save more, earn more
Take advantage of a Business Money Market account that offers:
- Competitive variable interest rates based on your average account balance
- Six pre-authorized, automatic or telephone transfers per statement period from your account to another of your Salem Five deposit accounts or to third parties
- 24/7 account access through Business Online Banking or Salem Five Telephone Banking
- An opportunity to upgrade your account with the additional Investment Management option
Other Articles of Interest
How Inflation Impacts Your Finances
Inflation has made its impact in the past couple of months. If you've noticed an increased cost of goods and services, that's due to inflation. While inflation is natural ...