Adults relaxing together on a boat, reflecting the lifestyle benefits of relationship banking.

Rewarding You for Banking with Salem Five

Club Five CheckingSM

Enjoy premium perks, relationship rewards, and exclusive savings designed to help you get more from your banking experience.
Two adults standing together in a home setting while discussing future financial goals and retirement planning.

Checking that Rewards Your Relationship

Enjoy exclusive banking perks designed to help you earn more, save on fees, and get greater value from your relationship with Salem Five.1 As a Club Five member, you'll make everyday banking more rewarding. 



Limited-Time Offer1 on Our New Checking Accounts.

Salem Five has three great new checking options for customers to choose from. Whether you’re looking for flexibility, digital convenience, or premium benefits, we have an account that fits your life and how you want to bank. And, all have the option to include Debit Card Round Up – a great feature to easily grow your savings automatically.

If you open an account online or at any Salem Five branch now until October 30th, we’ll match your round up savings for six months! To receive this offer, please mention promotional code 2026FALLDCRU when opening your account at a Salem Five branch.

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Debit Card Round Up Savings - Salem Five

Build your savings over time with Debit Card Round Up, an easy way to grow your savings automatically.

Opt in to Debit Card Round Up and your purchases are rounded up to the nearest whole dollar. This balance is transferred automatically to a companion savings account to gradually build up your savings in an effortless way. Enroll when you open your account in-branch or online.

 

Salem Five Checking Options

DIGITAL & CHECKLESS

Connect Five AccountTM

A digitally-oriented, checkless account, perfect for teens, young adults or those starting out on their financial journey.
SIMPLE, NO MONTHLY MAINTENANCE FEES

Classic Five CheckingSM

A simple, everyday checking account with no monthly maintenance fee or balance requirement.
EXCLUSIVE BENEFITS

Club Five CheckingSM

Premium services and benefits for customers who maintain higher balances.

Compare Personal Checking Accounts

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Connect Five AccountTM

Classic Five CheckingSM

Club Five CheckingSM

Monthly Fee $5.00
--but easily waived if under 26 years old; or, by maintaining $500 minimum balance
No monthly maintenance fee $25.00
--but easily waived by maintaining $25,000+ in combined balances
Minimum Balance Requirement $500 minimum to avoid fee None $25,000 combined eligible balances to avoid fee
Earns Interest No No Yes, variable rate
ATM Access Fee-free access to Salem Five ATMs and 55,000+ Allpoint® ATMs nationwide

Plus, no Salem Five fees at other banks’ ATMs (third party fees may apply)
Fee-free access to Salem Five ATMs and 55,000+ Allpoint® ATMs nationwide Use any ATM that is convenient

Fee-free access to Salem Five ATMs and 55,000+ Allpoint® ATMs nationwide

No Salem Five fee for use at other ATMs and $20/statement cycle reimbursement for other bank’s ATM fees
Open Connect Five Now Open Classic Five Now Open Club Five Now