Limited Time Offer

Take advantage of
one of the best deals
on the web. Hurry!

 


 

  • High interest savings rate
  • No minimum balance
  • Free ATM card



 

*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 1.00% 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 .10%. eOne Savings may be used to provide overdraft protection for eOne Checking.

eOneChecking earns 0.35% 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 0.25%.

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 01/24/2012. 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.

FDIC and DIF insurance to protect your entire balance.
DIF is a unique insurance advantage offered only by Massachusetts based savings banks. Click here to learn more.

Click below to Apply Now:
 

Important Information Regarding Online Account Opening Consent


Please read the following disclosure information and provide your consent below before continuing.

To open a new account online, you must be able, and consent to, receiving account disclosures and agreements electronically.

We recommend that you carefully read each disclosure and agreement as these terms will govern your account relationship.

If you are unable to, or do not consent to electronic disclosure, you may still open a new account in person at any one of our conveniently located branch offices.

Technical Requirements

The minimum requirements to obtain and retain electronic disclosures are:

  1. To obtain and view the electronic disclosures you must have internet access through a computer with browser software that supports 128-bit encryption. It is highly recommended that you refer to our list of approved browsers and operating systems to optimize Online Banking performance.
  2. To retain the electronic disclosures you will also need a printer attached to your computer that is capable of printing from your Internet web browser.

Consumer Consent

By clicking the "I consent" box below, I agree that:

  1. I have access to a computer that meets the technical requirements described above, including access to a printer or the ability to download a copy of any disclosure or agreement provided in electronic format on the Salem Five Online Banking site.
  2. I wish to receive account opening disclosures and agreements in electronic format. I understand that I may request a paper copy of a disclosure or agreement at any time by contacting Salem Five's Customer Support Group at (800) 850-5000 or (978) 745-5555.
  3. I am a consumer, and I intend to use my account only for personal, family or household purposes.
  4. If I am opening an account in more than one name (a joint account with right of survivorship), my click is authorized by all joint owners and represents the consent of all of us.
  I/We consent and agree to the terms.   I/We do not consent to the terms.