The best of both worlds.
- A flexible, business checking account perfect for small to mid-sized businesses
- A great money market rate to grow your money
Here's how you can get this limited time offer:
- Open a Business Forward Checking™ account and a Business Money Market account between 4/20/23 and 6/5/23 at any Salem Five branch location.
- Maintain an average daily balance of $5,000 or more in your Business Forward Checking™ account.
- Enjoy this 4.00% APY1 Business Money Market Promotion until 12/31/23.
Please note: this is an exclusive offer for select businesses who received a series of postcards. Not available for current Salem Five customers.
Business Forward Checking™ Benefits Include:
Everything that most small to mid-sized businesses need to succeed
- Low minimum balance requirement
- Free Bill Pay and Mobile Deposit
- Free Visa® Business Debit Card
- Optional Cash Flow Solutions, customized for small businesses to optimize cash flow and improve security
Business Forward Checking™
Moving you forward means giving you the tools to succeed
We know that you need flexibility to manage your business. Which is why we designed the Business Forward Checking™ account so you can focus on your business.
1The Annual Percentage Yield (APY) is accurate as of 4/20/2023. The 4.00% APY earned for balance $0.01 or more will be valid until 12/31/2023, assuming all eligibility requirements are met. The APY is subject to change after 12/31/2023. To be eligible for the promotional Business Money Market, the following must be met: 1) Business must mention the promotion at account opening. 2) Business Forward Checking™ account and promotional Business Money Market account must be opened together between 4/20/2023 and 6/5/2023 at a Salem Five Bank branch. 3) The business must be the original recipient of the direct mail piece. 4) The business cannot be a current deposit or loan customer of Salem Five Bank. 5) The new Business Forward Checking™ account must maintain an average daily balance of $5,000 or more throughout the promotional period. Customers not meeting the eligibility requirements will be moved to the non-promotional Business Money Market with a 0.10% APY as of 4/20/2023. The minimum balance to open a Business Forward Checking™ is $50 and the $5 monthly maintenance fee is waived with a $500 average daily balance. The minimum balance to open a Business Money Market is $50 and the $9 monthly maintenance fee is waived with a $2,500 average daily balance. Fees may reduce earnings. Please refer to the Business Fee Schedule. Limit one promotional offer per business. Member FDIC