Find out more ... the high yield checking and savings solution

Introducing eOne from salemfivedirect.com


		Questions? Call 1-800-850-5000

Let's face it. Best-of-both-world approaches invariably disappoint leaving something to be desired on at least one side of the equation. Not so with Salem Five Direct's eOne accounts. It is the only direct banking solution you need. Here you get exactly what you'd expect from a bank that's been delivering innovative financial services products for decades: the convenience of a superior checking account and money market rates on every dollar you save. The bottom line is you get interest checking at its best, and a high-yield savings companion. No compromises.

eOne Checking

Start with the checking side of the equation. Salem Five Direct's eOne account is loaded with features you get without a monthly fee or hoops to jump through, including:

No minimum balance
Free use of any ATM - No matter the location, Salem Five Direct will never charge a fee and will reimburse you fees other banks charge *
Free online bill payment
First order of checks free
Unlimited debit card, checking and ATM transactions
Free debit card
And get a one-time $25 bonus when you enroll in direct deposit *

Now eOne has an additional bonus feature: Cash Back on all your non pin-based purchases with your debit card. Groceries, gas, gifts....it can all add up to hundreds of dollars each year in cash rewards. No points to keep track of or hassles of other rewards programs. Salem Five direct gives you a percentage of your debit purchases in an automatic cash reward posted to your account each month.

All this, and a highly competitive interest rate. You won't find a better rate anywhere on a checking account that offers so many features and benefits.

Balance		APY
$0-$49,999		0.60%

$50,000-$99,999		0.65%

$100,000-$1,000,000		0.65%

eOne Savings

Now consider the savings side of the equation. No compromises here either. Whatever your balance, you'll earn superb money market rates. And the more you put away, the more you earn. Consider these returns:

Balance		APY
$0-$1,000,000		1.10%

Get it all from Salem Five Direct.
That's it. The convenience of a great checking account combined with great money market rates on a savings companion. No hidden costs. Just one form to fill out. And you're on your way to an unprecedented online banking experience.

So why not open a free eOne account today?
We think you'll find that the benefits add up. Fast.

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.

Questions?
We're hear to answer them. Call our Customer Service Center at 1-800-850-5000.

* Please read important information

Eligibility for eOne accounts limited to online consumer applicants who do not have other existing deposit accounts with Salem Five Bank, excluding certificates of deposit or an existing eOne account.

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.

On eOneSavings earn 1.10% APY (Annual Percentage Yield) on average daily balances of $0-$1,000,000. Salem Five reserves the right to transfer balances over $1,000,000 to a standard statement savings account on which statement savings rates apply. eOne Savings may be used to provide overdraft protection for eOne Checking.

On eOneChecking earn 0.65% APY (Annual Percentage Yield) on average daily balances of $100,000-$1,000,000. Earn 0.65% APY on average daily balances of $50,000-$74,999.99 and $75,000-$99,999.99. Earn 0.60% APY on $0-$4,999.99, $5,000-$9,999.99, $10,000-$24,999.99 and $25,000-$49,999.99. Salem Five reserves the right to transfer balances over $1,000,000 to the eOne Funding Account which currently earns an APY of 0.50%.

Minimum to open these accounts online is $100. The rate may change after the account is opened. The stated APY applies to new eOne accounts opened after 01/20/2010.

Cash Back Debit Reward applies 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.

$25 bonus is an interest credit to be posted to your account within 60 days of initiating a recurring direct deposit such as payroll or social security payments. The recurring direct deposit must be initiated within 90 days of account opening.

Account requires online statements. This offer is not available at Salem Five branch offices. Consumer accounts only.