eOne Savings™

Whatever your balance, you'll earn great money market rates. And with
higher interest rates for higher balances, the more you put away, the
more you can earn.

This online savings account offers:

  • High interest savings rate
  • No minimum balance
  • No monthly fees
  • FDIC and DIF insurance to protect your entire balance
  • Immediate funds transfer between eOne Saving and eOne Checking
  • Free ATM card

Take advantage of these eOne Savings features and get started today.

Click here to apply for an eOne Savings account.

 

*Please read important information:

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.