Salem Five Bank — Providing full-service financial services including banking, mortgage lending, loans, insurance and investments.

Statement Savings

Mature couple smiling while sitting in a sunroom.

Complete flexibility with no hassle

A Statement Savings account is a convenient way to save and build security. With instant liquidity, so you can access your money whenever you need it, Statement Savings accounts have no monthly maintenance fees with a $300 minimum daily balance, or just $3 a month, otherwise. To get started, visit your local branch with a $10 minimum deposit.

  • $10 minimum balance to obtain annual percentage yield
  • $3 monthly fee waived with $300 minimum balance
  • Open with as little as $10


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