This Consumer Banking Fee Schedule is part of your Consumer Banking Services Agreement. It contains the monthly fees, transaction fees, minimum balance requirements, and other fees that may apply to your consumer account at Salem Five.
Salem Five ATM Fees for Transactions at Non-Salem Five or Non-Allpoint ATMs2
Reimbursement of other banks' ATM surcharges2
Up to $15.00
1 Your Cash Back Debit Rewards will post to your account when your statement cycles. ATM and PIN transactions do not qualify. 2If you initiate a transaction outside of the Salem Five and Allpoint ATM networks, a surcharge may be applied by that operator and/or by an automated transfer network. For eOne Checking, surcharges up to $15.00 per statement cycle will be reimbursed.
Salem Five ATM Fees for Transactions at Non-Salem Five or Non-Allpoint ATMs4
3 Your A savings account is a limited transaction account that permits up to six pre-authorized, automatic or telephone transfers per calendar month to third parties or between deposit accounts within the Bank. Debits in excess of these limitations are assessed the excess debit fee. 4If you initiate a transaction outside of the Salem Five and Allpoint ATM networks, a surcharge may be applied by that operator and/or by an automated transfer network.
Checks and all other debits paid against insufficient funds (NSF)5
Overdraft Protection Annual Fee
Returned Deposited/Cashed Item6
Stop Payment Order
Copy of Check, Statement or Deposit Slip7
Lost Passbook Fee
Check Printing and Supplies
Account Closing By Mail
Paper Statement Fee9
Branch Transaction Fee10
5 These per item fees are imposed for overdrafts created by checks, in-person withdrawals, ATM withdrawals, and other electronic means (as applicable).For accounts flagged as 18/65, the $35 per item fee is reduced to $5 per item. NSF fees will be limited to five (5) fees per day that can be charged to your account. We will not charge a fee to your deposit account when we decline or return an item unpaid due to insufficient or uncollected funds, but you may be charged a fee by the payee for the returned payment. Should a transaction overdraw your account in the amount of $5.00 or less, your account will not be charged.
6 If the item returned is drawn on an account held by the Salem Five account holder at another bank, the fee assessed is $7.50.
7 Per statement, deposit slip or check (first 25 checks requested annually per account are free).
8The inactivity fee will be imposed on eOne checking accounts if the average daily balance is below $250.00 and the account has been inactive for the preceding 12 months.
9 If your account requires eStatements, Salem Five may assess this fee if you fail to register for, or at any time you discontinue receiving eStatements.
10 eOne Checking and eOne Savings customers will be charged if a transaction is conducted at a branch.