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Bank Loan Officers - new location

All Bank of Salem Loan Officers now reside at the Drive-In Branch located at 1001 South Main Street. The Main Bank lobby remains open for all non-loan related business.

Business Checking

Business Banking

Two Great Choices for Checking

When it comes to convenient checking accounts with lots of features, The Bank of Salem has you covered!

Comparison table of business checking accounts.
  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
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