A smart and rewarding checking choice, with a companion savings account, to help you uncomplicate money.
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55000
Allpoint ATMs worldwide
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35
branch locations
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160
years of service
See how rewarding The Open Account can be
- ATMs everywhere with the Allpoint network
- No monthly fee
- No minimum balance
- Open rewards (cash back debit rewards and ATM fee reimbursement)
- Smart online and mobile banking with tools and technology
Open Rewards are debit card rewards and ATM reimbursements that sweep directly into a companion Open Savings. Our thanks for choosing Salem Five!
OPEN REWARDS
PRIME
$0 - $1,999.99
Avg. monthly balance
$.05
CASH BACK
for every debit card purchase made in-store or online
55,000 fee-free
Allpoint™ ATMs
OPEN REWARDS
PRIME PLUS
$2,000 - $3,999.99
Avg. monthly balance
$.10
CASH BACK
for every debit card purchase made in-store or online
$7.50/month in ATM surcharge reimbursements
+55,000 fee-free
Allpoint™ ATMs
OPEN REWARDS
PREMIER
$4,000 +
Avg. monthly balance
$.15
CASH BACK
for every debit card purchase made in-store or online
Unlimited ATM surcharge reimbursements
+55,000 fee-free
Allpoint™ ATMs
Online tools and on-the-go features
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Deposit checks from anywhere
Securely deposit checks from your phone.
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Freeze your debit card
Control your debit card, set limits and freeze from your phone.
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Send money to anyone
Pay friends and family easily on the go with Zelle®.
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Budget and track spending
Budget, set alerts and view your accounts from other banks in Salem Five online banking.
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Convenient and secure
Touch and Face ID technology to keep you secure on the go.
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Custom text alerts
Get convenient customizable account updates sent directly to your phone or email.
See how uncomplicated banking can be with The Open Account.
Salem Five. Let’s uncomplicate money
Minimum balance to open the account is $10 in person or $100 online. Minimum balance to open a companion Open Savings account is $10 in person or $100 online. Open Savings rate is variable and subject to change after account opening.