Checking Account Rates - eOne High Interest Banking, salemfivedirect

Introducing eOne from salemfivedirect.com


		Questions? Call 1 800-322-2265

Let's face it. Best-of-both-world approaches invariably disappoint, leaving something to be desired on at least one side of the equation. Not so with Salem Five Direct's new eOne account. Here you get exactly what you'd expect from a bank that's been delivering innovative financial services products for decades: the convenience of a superior checking account and money market rates on every dollar you save. The bottom line is you get high interest checking at its best. No compromises.

Checking account convenience.

Start with the checking side of the equation. Salem Five Direct's eOne account is loaded with features you get without a monthly fee, including:

No minimum balance
Free use of any ATM - No matter the location, Salem Five Direct will never charge a fee.*
Free online bill payment
First order of checks free
Unlimited debit card, checking and ATM transactions
Free debit card

And get a one-time $25 bonus when you enroll in direct deposit*

Money Market Rates.

Now consider the savings side of the equation. No compromises here either. Whatever your balance, you'll earn a superb money market rate. And the more you put away, the more you earn. Consider these returns:

Average Daily
Balance Salem Five Direct eOne account
APY ING Direct Orange
Savings^TM
APY Fidelity mySmart Cash
Account^SM
APY Schwab Bank High Yield Investor Checking^TM
APY

$0-$9,999 3.00% 3.00% 1.75% 3.01%

$10,000-$24,999 3.10% 3.00% 1.75% 3.01%

$25,000-$49,999 3.20% 3.00% 1.75% 3.01%

$50,000-$99,999 3.20% 3.00% 1.75% 3.01%

$100,000-$999,999 3.50% 3.00% 1.75% 3.01%

Average daily balances of $1,000,000 and above will earn 0.50% APY in the eOne account.
Competitive bank rates are accurate as of 3/25/2008.

Deposits are Fully Insured

The combination of FDIC and DIF insurance provides customers of Salem Five with full deposit insurance on all your deposit accounts. The FDIC insures all deposits up to $100,000 per depositor and up to $250,000 per depositor for traditional and Roth IRAs. All deposit amounts above the FDIC limits are insured in full by the Depositors Insurance Fund. You can access additional information at the FDIC and DIF websites.

Get it all in a single account.

That's it. The convenience of a great checking account combined with great money market rates. No hidden costs. No other accounts to open or link to. Just one form to fill out for one great account. And you're on your way to an unprecedented online banking experience.

So why not open a free eOne account today? We think you'll find that the benefits really add up. Fast.

Benefits that really amount to something.

Questions? We're here to answer them. Call our customer service center at 1-800-322-2265

* Please read important information

Eligibility limited to online consumer applicants who do not have existing deposit accounts with Salem Five.

Salem Five will never charge a fee for ATM transactions conducted at non-Salem Five ATMs, and we will reimburse the fees other banks charge up to $15 per statement cycle.

Earn 3.50% APY on average daily balances of $100,000-$999,999. Earn 3.00% APY on average daily balances of $0-$9,999, 3.10% APY on $10,000-$24,999, 3.20% APY on $25,000-$99,999 and 0.50% APY on balances of $1,000,000 or more. Minimum to open this account online is $100.00. The rate may change after the account is opened. The stated APY applies to new eOne accounts opened after 3/24/2008.

$25 bonus is an interest credit to be posted to your account within 60 days of initiating a recurring direct deposit such as payroll or social security payments. The recurring direct deposit must be initiated within 90 days of account opening.

Account requires eStatements. This offer is not available at Salem Five branch offices. Consumer accounts only.