Account Disclosures

Wondering about the fine print? There are a lot of important details related to each of our Salem Five Direct products. If you have questions about any of these disclosures, just give us a call.

• eOne Savings Account Disclosure

• eOne Checking Account Disclosure

• eCD Special of One Year or Greater Account Disclosure




About Salem Five Direct

Salem Five Direct is an online division of Salem Five, an innovative bank located in Salem, Massachusetts with over 160 years of banking experience. At Salem Five Direct you will find unique products not available through the Salem Five branch network and therefore will change from time to time.

The Salem Five Direct mission is to offer unprecedented value to our direct banking customers through exclusive product features at highly competitive rates.

All deposits are fully insured through a combination of insurance by the Federal Deposit Insurance Corporation (FDIC) and the Massachusetts Depositors Insurance Fund (DIF).