Monitoring the changes in the Internal Revenue Service (IRS) and Social Security Administration (SSA) guidelines is crucial for successful 2025 paycheck planning ...
Open Savings

A smart, simple way to save.
Open Savings is the place to set aside hard earned cash. And, to help you save, when paired with The Open Account. All of your monthly open rewards, cash back debit rewards and ATM reimbursements sweep directly to Open Savings.
- No monthly fee
- No minimum balance
- Open with as little as $10
Helpful Calculators
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The Impact of Saving More
Discover how increasing your savings can significantly boost your financial future. Our calculator shows the power of saving more regularly. Just enter your current savings information, saving assumptions, and the calculator will estimate how it could grow.
Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving salemfive.com and be taken to another website where the privacy and security policies may differ from our site.Salem Five Bank provides third party links for your convenience. Salem Five Bank is not responsible for the products, services, content, privacy policy, and security policy on third party websites.Learn more about Salem Five's Savings Accounts -
Save Towards a Goal
Saving for something big? Whether it’s a wedding, vacation, a new car, or a down payment on a home, our Savings Goal Calculator helps you figure out how much to set aside each month. Just enter your goal amount, timeline, and savings information, and the calculator will show you what it takes to reach your target.
Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving salemfive.com and be taken to another website where the privacy and security policies may differ from our site.Salem Five Bank provides third party links for your convenience. Salem Five Bank is not responsible for the products, services, content, privacy policy, and security policy on third party websites.Get Started with a Salem Five Savings Account -
Save for a Rainy Day
Planning for a rainy day? Whether you're building an emergency fund or just want a financial cushion for life's unexpected moments, our Rainy Day Savings Goal Calculator can help. Simply enter how much you'd like to save, your timeline, and current savings details. The calculator will show you how much to set aside each month to reach your goal with confidence.
Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving salemfive.com and be taken to another website where the privacy and security policies may differ from our site.Salem Five Bank provides third party links for your convenience. Salem Five Bank is not responsible for the products, services, content, privacy policy, and security policy on third party websites.Get Started with a Salem Five Savings Account
Articles of Interest
The Financial Independence Retire Early (FIRE) method is a lifestyle movement designed to help individuals achieve early retirement through disciplined saving ...
Child Tax Credits are tax breaks the federal government offers to support U.S. taxpayers with eligible dependent children under 17. These credits aim to reduce ...