Account Disclosures

For additional details about our Salem Five Direct products, please refer to the account disclosures below or view current rates.


About Salem Five Direct

About Salem Five Direct

Salem Five Direct is an online division of Salem Five, an innovative bank located in Salem, Massachusetts with over 160 years of banking experience. At Salem Five Direct you will find unique products not available through the Salem Five branch network and therefore will change from time to time.

The Salem Five Direct mission is to offer exceptional value to our direct banking customers through exclusive product features at highly competitive rates.

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