eOne Savings
4.01%APY1
On every dollar for balances up to $1,000,000
To apply, you will need:
- Social Security Number
- Driver's License Number
- Home Address
- Email Address
- Joint Owner Information
To fund a new account by electronic transfer, you will need:
- Name of Bank or Financial Institution
- Routing Transit Number
- Account Number
High-Yield Savings
- Earn a competitive rate with absolutely no commitment.
- Open in minutes with just a $10 deposit
- No minimum balance and no monthly fees
- The first $250,000 per depositor is insured by the FDIC
Added Benefits
- No commitment
- Free Online Banking and mobile banking app
- Mobile deposit and text alerts
1 The Annual Percentage Yield (APY) is accurate as of 7/9/2025 and subject to change. eOne Savings earns 4.01% APY (Annual Percentage Yield) on daily balances of $0.01-$1,000,000 and must be opened with funds not previously on deposit with Salem Five or Salem Five Direct. Rate may change after account is opened. Salem Five reserves the right to transfer balances over $1,000,000 to a Statement Savings Account earning a variable rate of interest and APY as disclosed to you at the time the account is opened. eOne Savings may be used to provide overdraft protection for eOne Checking. You must deposit at least $10 to open this account. Fees may reduce earnings.
eOne Savings 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. Consumers with an existing Salem Five Direct eOne Checking Account are eligible for the eOne Savings Account.