Text Alternative for Video-Only Promotional Content [0:00 – 0:02] A promotional banner appears for Salem Five Direct’s High Yield Savings account. Bold white text reads: “MAKE YOUR MONEY DO MORE. HIGH YIELD SAVINGS. 4.01% APY¹” The background is blurred, showing a person standing in a modern kitchen. [0:03 – 0:05] A hand holds a mobile device displaying a Salem Five Visa Debit Card. The device is swiped. The scene transitions back to a woman in a jean shirt standing in the same modern kitchen. [0:06 – 0:12] The woman now wears a hockey-style shirt with the number 5. She stands in front of a dimly lit hockey rink. Lighting brightens behind her. She skates around the rink and shoots a puck into the net. The camera zooms in on the puck inside the net. [0:13 – 0:15] A dog jumps onto a man’s lap. A happy couple looks at a mobile phone and talks to each other. [0:16 – 0:20] A professionally dressed businessman steps off an elevator, looking at his mobile device. He walks away from the elevator, looks up, and smiles. The view shifts to a top-down, blurred shot of multiple people working at desks—moving papers and using computers. A close-up shows fingers typing on a keyboard. [0:21] A man holds a beer glass while standing in front of large metal brewery containers. [0:22 – 0:23] A white van labeled “Tall Ales Brewing Co.” is parked outside a brick building. A brewery worker closes the van’s back doors and walks toward the driver’s side. [0:24 – 0:26] The brewery worker stands behind a bar. A customer approaches from behind and takes a seat. The worker smiles, and the camera focuses on their face.

CD Special

4.05%APY2

9-month CD

Open the 9-month CD

CD Special

4.05%APY2

12-month CD

Open the 12-month CD

CD Special

4.00%APY1

15-month CD

Open the 15-month CD

eOne Savings

Earn an industry-leading High-Yield Savings rate of 4.01% 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

    With mobile deposit you can deposit checks from virtually anywhere

  • Transfer

    Easily initiate transfers in and out of your account.

  • 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).