1STAR MONEY MARKET: APY (Annual Percentage Yield) is accurate as of 10/7/15. 1.00% APY earned on all balance tiers – guaranteed until June 1, 2016. Rates are variable and subject to change after June 1, 2016. Fees may reduce earnings. Requires a Star Checking or Gold Star Checking account. Minimum balance to open is $10 in person. Maximum deposit amount limit of $1,000,000 per account. Offer available for funds not currently on deposit and only available at our Stoneham locations. Personal accounts only.
2To be eligible for this offer you must be a new customer to Salem Five and open a new Salem Five Star 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 over $25 each or 20 debit transactions over $5 each to receive a Visa® Reward Card in the amount of $100. A direct deposit is an electronic credit such as payroll, annuities, government benefit deposits, bonuses, travel reimbursements, or other types of deposit payments from a company into a checking or savings account of an employee, retiree, taxpayer or shareholder. Multiple bill pays to the same payee or to an individual are ineligible. All program activity is under the review of Salem Five Bank and reward may be withheld if relationship status is determined to be established strictly for the purposes of reward payout. To qualify the new account holder must follow all steps exactly as described and meet all program terms and conditions. Details at salemfive.com/100bonus. All reward cards will be issued within 60 days of successfully meeting one of the transaction criteria listed. Consumer accounts only. Limit one incentive per new account opened. The minimum balance to open a personal Star Checking account is $10 in person, $100 by mail or online. The Annual Percentage Yield (APY) for Star Checking is 0.02% for any account balance. The APY is accurate as of 2/10/15. APY is variable and subject to change after the account is opened. Fees may reduce earnings. 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. Visa® is a registered trademark of Visa, Inc. Visa® is not a participant or sponsor of this promotion.
Salem Five does not charge you for non-Salem Five ATM use and provides up to $15 reimbursements of ATM surcharges per statement cycle. ATM reimbursements post as credits at the end of the same statement cycle.