Salem Five Cents Savings BankChecking accountChecked Oct 10, 2026Updated
Salem Five Cents Club Five Checking ℠
- A year for an everyday customer
- −$300 fees and interest, $2,000 kept
- Monthly fee
- $25 a month
- On our list
- #930 of 986 checking accounts, by a year’s value for an everyday customer
Rates by balance
| Balance | APY |
|---|---|
| $10 to $2,499.99 | 0.01% |
| $2,500 to $4,999.99 | 0.01% |
| $5,000 to $9,999.99 | 0.01% |
| $10,000 to $25,000 | 0.01% |
| $25,000 and up | 0.01% |
Source: the bank’s rates · as of Oct 10, 2026 · the bank states an interest rate; the APY is worked out from it
Bonuses
$300For new customers · ends October 30, 2026
To qualify, the customer must be at least 13 years of age, reside in Massachusetts, New Hampshire, or Rhode Island, provide promotional code 2026FallDCRU at account opening, be a new personal checking customer who has not owned or co-owned a Salem Five personal checking account within the preceding
Fees
- Monthly fee
- $25 a monthSource · checked Oct 10, 2026
- Ways to avoid the monthly fee
- Maintain $25,000 or more across your Salem Five accounts, excluding any business accounts you may have.Source · checked Oct 10, 2026
- Overdraft fee
- $35Source · checked Oct 10, 2026
- Returned item (NSF) fee
- $35Source · checked Oct 10, 2026
- Most overdraft fees in a day
- 5Source · checked Oct 10, 2026
- ATM network
- Salem Five ATMs and 55,000+ Allpoint® ATMs worldwideSource · checked Oct 10, 2026
- ATMs in the network
- 55,000Source · checked Oct 10, 2026
- Out-of-network ATM fee
- $3Source · checked Oct 10, 2026
- International ATM fee
- $3Source · checked Oct 10, 2026
- ATM fees refunded, up to
- $20 a monthSource · checked Oct 10, 2026
- Foreign transaction fee (debit card)
- 3%Source · checked Oct 10, 2026
- Incoming domestic wire
- NoneSource · checked Oct 10, 2026
- Outgoing domestic wire
- NoneSource · checked Oct 10, 2026
- Paper statements
- $2 a monthSource · checked Oct 10, 2026
- Inactivity fee
- NoneSource · checked Oct 10, 2026
- Cashier’s check
- $8Source · checked Oct 10, 2026
- Stop payment
- $30Source · checked Oct 10, 2026
Features
ATM fee rebatesBill payBranch accessCard lockCheck writingContactless cardDebit cardFree checksInterest bearingMobile check depositMobile walletOnline openingOverdraft line of creditSavings round upsZelle
From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.
Rates and fees change; the bank’s own page is the final word. Report a mistake · How we make money · Not stated: 1 item counted at typical fees