Checking Promotion - For a Limited Time

Open a NEW Salem Five checking account from 3/17/25 – 4/17/25 and get automatically entered to win a 5-STAR GETAWAY!

  • 5-star accommodations
  • 5 nights
  • $500!
  • Experience the Power of Five!
Click here for Official Rules and eligibility for automatic entry.

Checking with Great Benefits

Our all-in-one checking account that is even better than “free” checking. We’re big on rewards, small on fees. Enjoy the latest in banking technologies, get support from local experts, and get rewarded for your everyday purchases. 

Open Now

  • 5

    Star Resort or Hotel

  • 5

    Nights Accommodations

  • 500

    $ for Expenses

With the Open checking account, you automatically get a number of benefits. See how the perks stack up:

cash back icon

Cash Back

5 cents for every debit card purchase (online or in-person)

Money Icon

No Monthly Maintenance Fees

Wallet Icon

No Minimum Balance

ATM Money Icon

No ATM Fees

At 55K+ Allpoint ATMs and all Salem Five ATMs

Gift Reward Icon

And, more rewards available for keeping higher average monthly balances

  • Maintain an average monthly balance between $3,000-$4,999 and receive up to $7.50 in ATM fee reimbursements when other banks charge you.
  • Maintain an average monthly balance of $5,000 or more and receive UNLIMITED ATM fee reimbursements when other banks charge you.

Pair the account with a companion Open Savings account and enjoy no minimum balance or monthly maintenance fee for this account, too!

 

 
 
1NO PURCHASE OR TRANSACTION REQUIRED. Sweepstakes open 3/17/25 – 4/17/25 to legal residents of CT, MA, ME, NH, RI, & VT, 18 or older. Official Rules.