APY
0.05%
As of Nov 8, 2026. Rates are variable.
Salem Five Cents Savings Bank · Checking account
Salem Five Cents Club Five Checking ℠
−$300 a year for an everyday customer. $25 a month. $10 to open.
- A year, everyday customer
- −$300
- APY
- Receipt · APYChecked Nov 8, 2026
Issuer's page · salemfive.com
The source states this figure; we have no exact sentence on file yet.
- Monthly fee
- Receipt · Monthly feeChecked Nov 8, 2026
Issuer's page · salemfive.com
The source states this figure; we have no exact sentence on file yet.
- To open
- Receipt · Minimum to openChecked Nov 8, 2026
Issuer's page · salemfive.com
The source states this figure; we have no exact sentence on file yet.
Against the market
How it ranks
#986of 1043 checking accounts, by a year’s value for an everyday customer
All 1043 checking accounts, rankedFeatures
- ATM fee rebates
- Branch access
- Card lock
- Check writing
- Contactless card
- Debit card
- Free checks
- Interest bearing
- Mobile check deposit
- Mobile wallet
- Online opening
- Savings round ups
- Zelle
From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.
Rates by balance
- $10 to $2,500
- 0.01%
- $2,500 to $5,000
- 0.01%
- $5,000 to $10,000
- 0.01%
- $10,000 to $25,000
- 0.01%
- $25,000 and up
- 0.05%
The bank’s rates · as of Nov 8, 2026
In the bank’s words
Terms
Fees
- Monthly fee
- $25 a monthsalemfive.com, checked Nov 8, 2026
- Ways to avoid the monthly fee
- Maintain $25,000 or more across your Salem Five accounts, excluding any business accounts you may have.salemfive.com, checked Nov 8, 2026
- Minimum to open
- $10salemfive.com, checked Nov 8, 2026
- Overdraft fee
- $35salemfive.com, checked Nov 8, 2026
- Returned item (NSF) fee
- $5salemfive.com, checked Nov 8, 2026
- Most overdraft fees in a day
- 5salemfive.com, checked Nov 8, 2026
- ATM network
- Salem Five and Allpoint® ATMssalemfive.com, checked Nov 8, 2026
- ATMs in the network
- 55,000salemfive.com, checked Nov 8, 2026
- Out-of-network ATM fee
- $3salemfive.com, checked Nov 8, 2026
- ATM fees refunded, up to
- $20 a monthsalemfive.com, checked Nov 8, 2026
- Foreign transaction fee (debit card)
- 3%salemfive.com, checked Nov 8, 2026
- Incoming domestic wire
- $15salemfive.com, checked Nov 8, 2026
- Outgoing domestic wire
- $30salemfive.com, checked Nov 8, 2026
- Incoming international wire
- $15salemfive.com, checked Nov 8, 2026
- Outgoing international wire
- $45salemfive.com, checked Nov 8, 2026
- Paper statements
- $2 a monthsalemfive.com, checked Nov 8, 2026
- Cashier’s check
- $8salemfive.com, checked Nov 8, 2026
- Stop payment
- $30salemfive.com, checked Nov 8, 2026
- Card replacement
- $10salemfive.com, checked Nov 8, 2026
FDIC-insured, up to $250,000 per depositor, per ownership category: FDIC BankFind.
Rates and fees change; the bank’s own page is the final word. Report a mistake · How we make money