Business Statement Savings

Business savings with benefits

Do more with your Business Statement Savings account. With an account from Salem Five, you’ll enjoy interest compounded monthly, 24/7 account access through Corporate Online Banking, Salem Five Telephone Banking, or Salem Five and worldwide ATMs, and available additional Investment Management options. It all starts with a minimum $50 deposit, and your monthly fee is waived with a minimum average daily balance of $1,000.


Other Articles of Interest

Family Finances
Protecting Yourself On Social Media

Let's discuss the risks associated with social media use and explore ways to safeguard yourself and your loved ones on these platforms ...

Retirement
Gig Worker Retirement Strategies

Over the past several years, there has been a significant rise in gig workers and the number of affiliated companies that utilize them. In fact, in 2017, the Bureau of Labor ...

Retirement
What are My IRA Options?

Retirement planning is far from simple. Sometimes, it feels like you are speaking a different language from everyone else. From words like 401k and 403b to IRAs, it can be ...

Money Management
What Is a Cash Management Account?

Cash management accounts, or CMAs, are cash accounts offered by wealth management, investment, and brokerage companies that provide some of the best features of ...