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Classic Five Checking Account Disclosure



Are you opening an account online? After reviewing this document, please close the window and you will be returned to your application to complete it.

This disclosure describes the terms and features of the Classic Five Checking Account offered by Salem Five Cents Savings Bank. Please refer to our Consumer Banking Services Agreement and current  Fee Schedule for additional information of importance to you.

In this document, the words ‘you’ and ‘your’ refer to the consumer who maintains a deposit account with the Bank. The words ‘we’ and ‘us’ refer to Salem Five Cents Savings Bank.

If you have any questions about information provided here, please allow a bank representative to answer them for you.

Interest Rate Information: No interest is paid on this account.

Minimum Balance Requirements: You must deposit at least $10 to open this account.

Fees and Charges: Please refer to our Fee Schedule for information about fees and charges.



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