eOne Savings

Earn an industry-leading High-Yield Savings rate of 4.25% APY1 with no commitment.

  • $10 deposit to open online
  • No minimum balance/monthly fees

Added Benefits

  • Free Online Banking and Mobile App
  • Mobile Deposit and Text Alerts
  • Easy External Transfers to Your Account

eOne Checking

Get started with a eOne checking3 account without a monthly fee or hoops to jump through.

  • Cash back on all your non pin-based purchases with your debit card
  • Free ATMs4

Added Benefits

  • No minimum balance
  • Free Online bill payment
  • Mobile Check Deposit
  • Free First Order of Checks

High-Yield CDs

There are no monthly fees and you get the piece of mind of FDIC insurance to protect your entire High Yield Certificate of Deposit2 account balance. Open an account online in just minutes.

  • Various special terms available

Added Benefits

  • Savings terms that work for you
  • Earn higher interest rates
  • FDIC-Insured


 

Our Mobile Banking App is perfect for people on the move.

Safe and Secure Online Tools

  • Manage Icon

    Manage

    With mobile deposit you can deposit checks from virtually anywhere

  • Icon for Transfer

    Transfer

    Easily initiate transfers in and out of your account.

  • Icon for Protect

    Protect

    Set alerts and monitor your account for any unusual activity

  • Image for Manage
  • Image for Transfer
  • Image for Protect
Image for Safe and Secure Online Tools Phone Image

 

Access your Salem Five Direct Accounts with our App.

Download Salem Five Mobile from App Store     Download Salem Five mobile from Google Play

Salem Five headquarters at 210 Essex Street in Salem, MA

Over 160 Years of Banking Experience.

Salem Five Direct is an online division of Salem Five, an innovative bank located in Salem, Massachusetts with over 160 years of banking experience. The Salem Five Direct mission is to offer exceptional value to our direct banking customers through exclusive products at highly competitive rates.

Deposits insured by the Federal Deposit Insurance Corporation (FDIC).

  Forbes Advisor Best of 2023 Award  Forbes Advisor Best of 2024 Award Salem Five Direct