Non-Profit Business Money Market

Every penny counts for your cause

Designed specifically for not-for-profits of all sizes, this interest-bearing account helps your organizations' money work harder. With just a $50 minimum deposit to open a Non-profit Business Money Market account, you’ll enjoy:

  • Competitive variable interest rates
  • 24/7 access to your account with Online Banking (additional charges may apply)
  • Plus, you get six pre-authorized, automatic or telephone transfers per statement period from your account to another Salem Five deposit account; or another financial institution, including overdraft sweeps
  • No monthly fee with a minimum average daily balance of $10,000.

Articles of Interest

Retirement
The Financial Independence, Retire Early (FIRE) Method

The Financial Independence Retire Early (FIRE) method is a lifestyle movement designed to help individuals achieve early retirement through disciplined saving ...

Workplace Finance
2025 Paycheck Planning

Monitoring the changes in the Internal Revenue Service (IRS) and Social Security Administration (SSA) guidelines is crucial for successful 2025 paycheck planning ...

Retirement
2024 & 2025 Maximum 401(k) Contribution Limits

A 401(k) plan is one of the most effective ways to save for retirement. This employer-sponsored, tax-deferred retirement plan allows you to invest a portion of your ...

Money Management
What Is a Cash Management Account?

Cash management accounts, or CMAs, are cash accounts offered by wealth management, investment, and brokerage companies that provide some of the best features of ...