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Get a $25 bonus and 6.01% APY with Salem Direct eOne Account with Direct Deposit

By , July 14, 2008

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IBD note: 6.01% APY requires account balance of $100,000 and more to get. Accounts with smaller balances will get APY from 5.00 to 5.20% (see more details below).

Terms and features:

No monthly fee
No minimum balance
Free use of any ATM, anywhere, anytime
Free online bill payment
Unlimited checking, debit card and ATM transactions
One time $25 bonus when you enroll in direct deposit

$25 bonus is an interest credit to be posted to your account within 60 days of initiating a recurring direct deposit such as payroll or social security payments. The recurring direct deposit must be initiated within 90 days of account opening. Limit one bonus per person.

Salem Five will never charge a fee for ATM transactions conducted at non-Salem Five ATMs, and we will reimburse the fees other banks charge up to $15 per statement cycle.

Earn up toņ.10% APY (Annual Percentage Yield) for the first 60 days and 5.30% APY thereafter on average daily balances of $100,000 or more. Earn 5.00% APY on average daily balances of $0-$9,999, 5.10% APY on $10,000-$24,9Ƀ and 5.20% APY on $25,000-$99,999. Minimum balance to open this account online is $100.00. The rate may change after the account is opened. The APY is accurate as of 5/2/2007.

Account requires eStatements. This offer is not available at Salem Five branch offices. Consumer accounts only.

Balance ranges APY:

$0-$9,9Ƀ 5.00%

$10,000-$24,999 5.10%

$25,000-$49,999 5.20%

$50,000-$99,999 5.20%

$100,000 or more 6.10%

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