Type your username and password to login Salem Five Bank

Salem Five Login: Online Banking Guides & Customer services

Salem Five Login: You can start an online Salem Five Direct savings or checking account if you don’t already have one at a Massachusetts location and online-only savings accounts, checking accounts, and CDs are also available. In this article, I will guide you how to sign in online account on the website, mobile app, register for account as well as customer services.

Let’s get started!

Overview of Salem Five Banking

Salem Five is owned and run for the benefit of its clients. We are responsible to our clients, team members, and communities as an FDIC-insured mutual bank with no investors.

Overview of Salem Five Banking
Overview of Salem Five Banking

Because the majority of our clients, both commercial and consumer, reside in and conduct business in our neighborhood, mutual banks have a steady presence in regional markets.

We can make business decisions with a long-term perspective, establishing mutually beneficial connections, and preserving a high degree of flexibility because we are privately held and have no stockholders. Our customer-focused approach to all we do is created and nurtured by this mutuality charter.

Best services of Salem Five Banking

Salem Five Direct CD

Only three CD lengths are available from Salem Five Direct: a 12-month CD, a 24-month CD, and a 36-month CD. When compared to the minimum deposits required by most online banks, $10,000 is a rather sizable sum to start an account. There are other online banks that provide greater CD terms as well.

Salem Five eOne Checking

If you use your debit card frequently, Salem Five Direct eOne Checking might be intriguing to you. For each debit card transaction, you will receive $0.05, which will be transferred into your bank account at the end of each month.

If you desire quick access to ATMs, this account might be right for you. You will receive up to $15 in monthly out-of-network ATM reimbursements from the institution, which has a sizable ATM network.

  • Online checking account with no monthly fees or requirements.
  • Cashback on all debit card purchases made without using a PIN
  • Free ATMs FDIC protection for the full balance
  • With no minimum balance

Salem Five eOne Savings

Salem Five Direct eOne Savings is a reliable high-yield savings account that offers a rate of interest that is now substantially greater than the typical savings account. It has a minimal initial deposit requirement and doesn’t impose monthly service fees.

Keep track of how much money you keep in the account. If you have more than $1 million in your account, Salem Five Direct may move funds to a Statement Savings Account. The APY on this account is just 0.01%.

  • Earn 3.50% APY, the highest yield in the business, with no obligations whatsoever.
  • Open in a few minutes with just a $10 down payment.
  • No monthly fees and no minimum balance
  • The FDIC insures the first $250,000 of each depositor’s funds.
  • Account with a high rate of return

Access to Salem Five Online Account on the website

Requirements for accessing to Salem Five Banking account

  • If you do not already have an account with the Online Salem Five, the application process is straightforward. For more information and directions on how to create a CareCredit Provider account, keep reading. Before that time, and only then, you can sign in.
  • The ability to access the internet must always be available.
  • Make sure trustworthy internet security software, such as Avast Internet Security, is installed on your computer before starting the login procedure.
  • Websites and applications are currently the most used means of logging in. Both of these techniques require a computer, tablet, smartphone, or other internet-connected device.

Salem Five bank login guidelines

Step 1: Go to the official website of Salem Five portal by the URL: https://www.salemfive.com/

Step 2: Click login button to move on to the login page of Salem Five

Click login button to move on to the login page
Click login button to move on to the login page

Step 3: Type your username and password to login Salem Five Bank. Then click login button to complete to access the page

Type your username and password to login Salem Five Bank
Type your username and password to login Salem Five Bank

How to Sign in Salem Five Online Account on the mobile app?

With Salem Five Mobile Banking, you can bank on the go! The Salem Five mobile app enables you to complete the majority of transactions, access your accounts whenever you want, and locate branches and ATMs in your area. Customers of Salem Five Bank and Salem Five Direct can feel in control of their finances whenever and wherever they want thanks to the ease of a mobile device.

Functions of Salem Five Application

Manage

  • One tap provides instant balance.
  • Submit checks for deposit and examine deposit history
  • Transfer money between your Salem Five and outside accounts.
  • Access papers and statements

Pay

  • Pay bills whenever it’s convenient.
  • Utilize Zelle® to send or receive money.
  • Utilize your digital wallet to make purchases while on the move.

Protect

  • Quick and safe login via biometric authentication
  • Control alerts and push notifications
  • Complete card administration with Card Controls

 Download Salem Five Banking

Login Salem Five Bank on the application
Login Salem Five Bank on the application
  • To get started, download the Mobile Salem Five App from the Appstore and Google Play.
  • You can start using the app after it has finished loading.
  • After entering your login details in the corresponding field, click Login.

Some reasons for not using the Salem Five bank mobile app

  • You might be unable to access your account using the app for a number of reasons. The most frequent causes are incorrect login information and account information. You can prevent this by verifying your information once more before submitting it.
  • You won’t be able to log in during certain periods, despite the fact that we already informed you of this. The program will be updated frequently.
  • Before attempting a different IP address, double check that the login account type is correct in your browser.

How to Sign up for Salem Five Account?

Step 1: Go to the official website of Salem Five portal by the URL: https://www.salemfive.com/

Step 2: Click enroll now button on the home page to move on to the register page

Step 3: Type the required information to create account of Salem Five

  • Social Security Number
  • Zip code
  • Email address

Then click enroll button to complete to create your account

Type the required information to create account of Salem Five
Type the required information to create account of Salem Five

Recover your Salem Five Account Password

Step 1: Go to the official website of Salem Five portal by the URL: https://www.salemfive.com/

Step 2: Click forgot password button on the login page to move on to the reset password page

Move on to the reset password page of Salem Five
Move on to the reset password page of Salem Five

Step 3: Type your user ID to reset your password account. Then click next button to complete to recover your password account

Type your user ID to reset your password account
Type your user ID to reset your password account

Recover your Salem Five Account User ID

Step 1: Go to the official website of Salem Five portal by the URL: https://www.salemfive.com/

Step 2: Click forgot User ID button on the login page to move on to the reset password page

Step 3: Type your user ID to reset your password account. Then click next button to complete to recover your Use ID account

Type your email to reset your user ID
Type your email to reset your user ID

How Salem Five Direct works?

The online arm of the Massachusetts-based bank Salem Five is called Salem Five Direct. It offers CDs, checking accounts, and savings accounts only online. If you don’t already have a bank account at a Massachusetts branch, you can only open a Salem Five Direct checking or savings account online.

Through the All-point network, customers have access to over 55,000 fee-free ATMs. Anytime between the hours of 8 a.m. and 6 p.m. ET on weekdays, 9 a.m. and 3 p.m. ET on Saturdays, and 11 a.m. and 3 p.m. ET on Sundays, call the Contact Center. Live chat with a representative is also offered from 8 am to 6 pm.

The bank’s mobile app has ratings of 4.7 out of 5 stars and 3.2 out of 5 stars in the Apple Store and Google Play Store, respectively.

Online bank accounts with Salem Five Direct are FDIC and DIF insured. If your bank account is FDIC insured, you can keep up to $250,000 in it without fear. DIF-insured banks let you deposit more money than the $250,000 cap while still protecting any additional funds through private insurance.

How do you open a Salem Five Direct bank account?

From anywhere in the US, you can open a Salem Five Direct bank account online. But if you don’t already have a bank account at a Salem Five branch in Massachusetts, you can only open an online savings or checking account. CDs are an exception to this rule.

Customer services for Salem Five Account

Customer services for Salem Five account
Customer services for Salem Five account

Contact by phone

(800) 850-5000
Toll-Free Number
(800) 255-7787
24 Hour Automated Telephone Banking

Phone Support Hours

Monday-Friday: 8:00 AM – 6:00 PM ET

Saturday: 9:00 AM – 3:00 PM ET

Sunday: 11:00 AM – 3:00 PM ET

  • Live Chat Support Hours
    Monday-Friday: 8:00 AM – 6:00 PM ET
  • Cards Lost or Stolen (800) 850-5000
    Report During or after regular business hours, Lost or Stolen Card
    Notices of Error or Information Regarding Mortgage Loans
  • Requests may be sent via mail to:

Salem Five Loan Operations

PO Box 840 Salem,

Massachusetts 01970.

  • (800) 255-7787) Automated Telephone Banking
    Self-service Telephone Banking Automated

FAQs about Salem Five Banking

How can a Salem Five Direct bank account be opened?

Anywhere in the US, you can open a Salem Five Direct bank account online. However, if you don’t already have a bank account at a Salem Five location in Massachusetts, you can only open an online savings or checking account. CDs are not covered by this.

Is Salem Five Direct covered by the FDIC?

Salem Five Direct is protected by the Massachusetts Depositors Insurance Fund and the Federal Deposit Insurance Corporation (DIF). A bank account with an FDIC insured institution is safe for up to $250,000. Any funds deposited into your account that are greater than the $250,000 threshold are covered by private insurance if a bank has DIF insurance.

What sort of bank is Salem Five Direct?

If you are familiar with online banking, Salem Five Direct can be a wise choice. The bank offers both a cashback checking account and a high-yield savings account without any fees.

If you intend to open a CD, you might wish to take other choices into account. Salem Five Direct has strict restrictions and needs an initial deposit of at least $10,000.

We appreciate you reading the content. Census Outreach believes that this article will be useful to those of you who frequently use your Salem Five account for its convenience.

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