• 55000

    Allpoint ATMs worldwide

  • 34

    branch locations

  • 160

    years of service

With the Open checking account, you automatically get a number of benefits. See how the perks stack up:

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Cash Back

5 cents for every debit card purchase (online or in-person)

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No Monthly Maintenance Fees

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No Minimum Balance

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No ATM Fees

At 55K+ Allpoint ATMs and all Salem Five ATMs

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And, more rewards available for keeping higher average monthly balances

  • Maintain an average monthly balance between $3,000-$4,999 and receive up to $7.50 in ATM fee reimbursements when other banks charge you.
  • Maintain an average monthly balance of $5,000 or more and receive UNLIMITED ATM fee reimbursements when other banks charge you.

Pair the account with a companion Open Savings account and enjoy no minimum balance or monthly maintenance fee for this account, too!


Online tools and on-the-go features

  • Deposit checks from anywhere

    Securely deposit checks from your phone.

  • Lock/Unlock your debit card

    Control your debit card, set limits and lock/unlock from your phone.

  • Send money to anyone

    Pay friends and family easily on the go with Zelle®.

  • Budget and track spending

    Budget, set alerts and view your accounts from other banks in Salem Five online banking.

  • Convenient and secure

    Touch and Face ID technology to keep you secure on the go.

  • Custom text alerts

    Get convenient customizable account updates sent directly to your phone or email.

See how rewarding an account can be.

Salem Five. Make your move.

Minimum opening deposit is $10 for the Open Account and $10 for the companion Open Savings account. Open Savings rate is variable and subject to change after account opening.