Deposits Are Fully Insured
With Additional Coverage to Enjoy
Thanks to SalemFive Direct's Massachusetts Banking Heritage.

The combination of FDIC and DIF insurance provides customers of Salem Five with full deposit insurance on all of your deposit accounts. The FDIC insures all deposits up to $250,000 per depositor and up to $250,000 per depositor for traditional and Roth IRAs. All deposit amounts above the FDIC limits are insured in full by the Depositors Insurance Fund. You can access additional information at the FDIC and DIF websites.

*Please read important information:

eOne Checking eligibility is limited to consumers who apply online and who do not have an existing checking account with Salem Five Bank at the time of the application. Account must be opened with funds not currently on deposit with Salem Five Bank.

With an eOne Checking Account, Salem Five will never charge a fee for ATM transactions conducted at non-Salem Five ATMs, and we will reimburse the fees other banks charge up to $15 per statement cycle.

eOne Checking earns 0.25% APY (Annual Percentage Yield) on average daily balances of $0.01 - $1,000,000. Salem Five reserves the right to transfer balances over $1,000,000 to the eOne Funding Account which currently earns an APY of 0.10%.

Minimum balance to open the account is $100. The rate may change after the account is opened. The stated APY applies to new eOne accounts opened after 06/05/2012. Fees may reduce earning. Cash Back Debit Reward is at the rate of $0.005 for each $1.00 debit card purchase via signature-based transactions (when you choose credit). Cash reward will automatically appear on your monthly account statement.

This offer is not available at Salem Five branch locations. Consumer accounts only.

*Please read important information:

eOne Savings eligibility is limited to consumers who apply online and who do not have an existing checking or savings account with Salem Five Bank at the time of the application, except that consumers with an existing eOne Checking Account are eligible for the eOne Savings Account. Account must be opened with funds not currently on deposit with Salem Five Bank.

eOne Savings earns 0.90% APY (Annual Percentage Yield) on average daily balances of $0.01-$500,000. Salem Five reserves the right to transfer balances over $500,000 to a Statement Savings Account which currently earns an APY of .05%. eOne Savings may be used to provide overdraft protection for eOne Checking.

eOneChecking earns 0.25% APY (Annual Percentage Yield) on average daily balances of $0.01 - $1,000,000. Salem Five reserves the right to transfer balances over $1,000,000 to the eOne Funding Account which currently earns an APY of 0.10%.

Minimum balance to open the account is $100. The rate may change after the account is opened. The stated APY applies to new eOne accounts opened after 03/06/2013. Fees may reduce earnings.

Cash Back Debit Rewards apply to all non-PIN based purchases. Cash Back Debit Reward is at the rate of $0.005 for each $1.00 debit card purchase via signature-based transactions (when you choose credit). Cash reward will automatically appear on your monthly account statement.

This offer is not available at Salem Five branch locations. Consumer accounts only.