On The Job Military Checking

On The Job Military Checking from Salem Five offers active duty military and veterans world-class checking features with the benefit of signature Star Service at over 20 local branches.

Sign up today!

  • Cash Debit Rewards1 – earn monthly rewards on everyday debit card purchases with your Visa Debit Card
  • Unlimited ATMs Worldwide2 – every ATM in the world is yours and all ATM surcharges are rebated
  • 5% discount on Auto Insurance
  • FREE Online Banking with Bill Pay
  • Overdraft Protection with no annual fee

Plus:

  • FREE Star Savings account, with automatic monthly transfers from checking to savings. And with Star Savings Sweep you’ll also get all of your worldwide ATM reimbursements, cash back debit rewards and account interest from your checking automatically swept into your Star Savings account.
  • FREE Personal Financial Plan with Salem Five Investment Services, LLC

$100 Bonus

Open and establish your account to earn a $100 bonus. 3 See details and register using promo code “SALUTE” at www.salemfive.com/100bonus.

All this and no monthly fee or minimum balance requirement with Direct Deposit.

To get started, bring a copy of your DD-214 or current military ID to any Salem Five branch location.

Mortgage and Home Equity Savings

As an active duty or veteran member of the armed forces4 you’ll receive a residential appraisal fee credit up to $375 when you close a new Salem Five mortgage or home equity loan/line. Just mention your service at the time of application. 

 

1Cash back debit rewards apply only to non-PIN debit card purchases.

2Salem Five does not charge you for non-Salem Five ATM use and provides unlimited reimbursements of surcharges imposed by other ATM owners. Cash back debit rewards and ATM surcharge reimbursements will post as credits at the end of the same statement cycle.

3To be eligible for the $100 bonus you must be a new customer to Salem Five and open a new On the Job Military Checking account as a primary owner. Once open, the account must meet one of the following transaction criteria within 60 days of account opening to qualify: 2 direct deposits over $250, 6 online bill pays or 20 debit card transactions toreceive a Visa® Reward Card in the amount of $100. To qualify the new account holder must follow all steps exactly as described and meet all program terms and conditions.All gift cards will be issued within 60 days of successfully meeting one of the transaction criteria listed. The Annual Percentage Yield (APY) is 0.05% and effective as of 1/3/12. Rate is variable and subject to change after account opening. Minimum balance to open an account in person is $10 and $100 if opened by mail or online. Monthly maintenance fee of $15 is waived with direct deposit or with a minimum daily balance of $1,500 in the account or with $5,000 combined deposit and loan balances in designated accounts. Fees may reduce earnings on the account. Consumer accounts only. Limit one incentive per new account opened. Non-US residents and individuals under 18 years of age are not eligible. This program may be modified or cancelled at any time without notice to either party.

4To qualify for benefits, customer must furnish a copy of their DD-214 or current military ID.