Monthly fee
$5
$0 a year for an everyday customer: fees and interest, $2,000 kept.
Salem Five Cents Savings Bank · Checking account
Salem Five Cents Connect Five Account ™
$0 a year for an everyday customer. $5 a month. $10 to open.
- A year, everyday customer
- $0
- 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
#84of 1043 checking accounts, by a year’s value for an everyday customer
All 1043 checking accounts, rankedFeatures
- Contactless card
- Debit card
- Mobile check deposit
- Mobile wallet
- No overdraft fees
- Online opening
- Savings round ups
- Spending alerts
- Zelle
From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.
In the bank’s words
Terms
Fees
- Monthly fee
- $5 a monthsalemfive.com, checked Nov 8, 2026
- Ways to avoid the monthly fee
- Any one of these:
- if under 26 years old
- by maintaining a $500 minimum balance
- 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 ATMs and more than 40,000+ Allpoint® ATMs nationwidesalemfive.com, checked Nov 8, 2026
- ATMs in the network
- 40,000salemfive.com, checked Nov 8, 2026
- Out-of-network ATM fee
- $3salemfive.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
- Inactivity fee
- $5salemfive.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