Two Great Choices for Checking
When it comes to convenient checking accounts with lots of features, The Bank of Salem has you covered!
| Business Checking | Business Interest Checking | |
|---|---|---|
| Minimum opening balance | $100.00 | $1,000.00 |
| Minimum daily balance | Maintain a daily balance of $500.00 to avoid a fee | Maintain a daily balance of $1,000.00 to avoid a fee |
| Fees | $5.00 monthly fee is imposed if minimum daily balance isn’t maintained | $7.50 is imposed if minimum daily balance isn’t maintained |
| Interest | No interest paid on this account | Monthly interest paid on average balances of $1,000.00 or more |
| Details | Learn more about Business Checking | Learn more about Business Interest Checking |