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Temporary Liquidity
Guarantee Program
Beginning July 1, 2010, the Bank of Salem will no longer participate in the FDIC's Transaction Account Guarantee Program. Thus, after June 30, 2010, funds held in noninterest-bearing transaction accounts will no longer be guaranteed in full under the Transaction Account Guarantee Program, but will be insured up to $250,000 under the FDIC's general deposit insurance rule. |
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Compare Our Checking Accounts
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Free
Checking |
Interest
Checking |
Platinum
Checking |
Platinum
50 |
Platinum
50 Plus |
| Minimum Opening Balance |
$25 |
$500 |
$100 |
$100 |
$100 |
| Minimum Monthly Balance |
None |
$500 |
None |
None |
None |
| Monthly Fee |
None |
$10* |
$6 |
None |
$4 |
| Check Transactions Per Month |
No Limit |
No Limt |
No Limit |
No Limit |
No Limit |
| Debit Card (credit approval required) |
Yes |
Yes |
Yes |
Yes |
Yes |
| Telephone Banking |
Yes |
Yes |
Yes |
Yes |
Yes |
| Internet Banking |
Yes |
Yes |
Yes |
Yes |
Yes |
| Online Bill Payments |
Yes |
Yes |
Yes |
Yes |
Yes |
| Tiered Interest On Balances |
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Yes |
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Yes |
| Monthly Statement w/ Check Images |
** |
Yes |
Yes |
Yes |
Yes |
| Travel Accidental Death Insurance |
** |
** |
$5,000 |
$5,000 |
$20,000 |
| Payment Card and Identity Protection |
** |
** |
Yes |
Yes |
Yes |
| Travel, Hotel, Recreation Discounts |
** |
** |
Yes |
Yes |
Yes |
| Online Shopping Discounts |
** |
** |
Yes |
Yes |
Yes |
| Emergency Travel Assistance |
** |
** |
Yes |
Yes |
Yes |
| Services Discounts |
** |
** |
Yes |
Yes |
Yes |
| Free Checks |
** |
** |
2 box/yr. |
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2 box/yr. |
| Dining Discounts |
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Yes |
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Yes |
| Safe Deposit Box $10 Discount |
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Yes |
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Yes |
| Health Savings Programs |
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Yes |
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Yes |
* $10 fee applies if minimum monthly balance is not maintained.
** Available with Bonus Benefits for an additional $4.00 per month.
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