FAQs: Club Five Checking Account

• How can I waive the $25 monthly fee?

  
  Maintain $25,000 or more across your Salem Five accounts, excluding any business accounts you may have.
  
  

• What perks does this account have?

  
  You’ll enjoy ATM fee reimbursements up to $20 per statement cycle, free standard checks or up to $15 discount for checks of your choosing, and additional banking fee waivers.
  
  

• Do I earn interest?

  
  Yes — this account earns interest based on your balance.

• Who should consider this account?

  
  Customers who maintain higher balances and want premium banking benefits.