EONE
HIGH-YIELD
SAVINGS

Earn an industry-leading rate

eOne Savings

4.50%APY1

On every dollar for balances up to $1,000,000

Open an eOne Savings

To apply, you will need:

  • Social Security Number
  • Driver's License Number
  • Home Address
  • Email Address
  • Joint Owner Information

To fund a new account by electronic transfer, you will need:

  • Name of Bank or Financial Institution
  • Routing Transit Number
  • Account Number

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

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Important Legal Disclosures and Information


1
 eOne Savings
eligibility is limited to consumers who apply online and who do not have an existing checking or savings account with Salem Five Bank at the time of the application. Consumers with an existing Salem Five Direct eOne Checking Account are eligible for the eOne Savings Account.

eOne Savings earns 4.50% APY1 (Annual Percentage Yield) on daily balances of $0.01-$1,000,000 and must be opened with funds not previously on deposit with Salem Five or Salem Five Direct. Salem Five reserves the right to transfer balances over $1,000,000 to a Statement Savings Account which currently earns an APY of .01%. eOne Savings may be used to provide overdraft protection for eOne Checking. You must deposit at least $10 to open this account. The stated APY1 applies to new eOne Savings accounts opened as of today's date. Fees may reduce earnings.