Using a Personal Loan
A personal loan can be a helpful financial tool when you need quick access to cash for urgent or significant expenses ...
Overdraft Protection
Convenience, savings, and peace of mind
Everyone makes mistakes, but with Salem Five Overdraft Protection1, you can protect yourself from those little accounting errors that can have big consequences. Avoid the embarrassment of having a check returned—and the resulting overdraft fees. Overdraft Protection gives you:
- A revolving credit line on your Salem Five checking account
- Automatic access to funds, up to your available credit limit, whenever your checking account has insufficient funds
- A way to avoid the complication and expense of returned checks
Other Articles of Interest
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What Is ‘Soft Saving’?
In a time of rising financial uncertainty, student loan burdens, and social pressure to "have it all," a new approach to personal finance is ...
1Applications for a Salem Five's Overdraft Protection Account are subject to credit approval. The Account provides overdraft protection for a Salem Five checking or money market savings account. The fixed Annual Percentage Rate on the Account is 18% and has a $25 annual fee. Rates and other terms are accurate as of today and are subject to change thereafter.