Attention Sage Bank Debit and/or ATM Card Holders:

Please click here before you take any action related to your current Sage Bank Mastercard® or your new Salem Five Bank Visa® Card.

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As of October 22, 2018, Sage Bank will become Salem Five Bank and the products listed below will no longer be available. For more information about Salem Five business checking products, please click here.

Choose the business checking account that matches the needs of your business.

 

SIMPLE
Business Checking

Business Value Checking

COMMERCIAL
Checking

Description

Ideal for sole proprietorships &
non-profits

Control costs and save money

For businesses that
process a high volume of monthly transactions

Minimum Deposit to Open

$25

$25

$25

No Minimum
Balance Required

Interest Bearing

   

Minimum Balance to Earn Interest

$10

   

Number of Monthly Items included FREE

50

1,000

 

Excess Item Fee

.25 per item

.50 per item

*

Monthly Service Fees

   

$10

FREE Instant-Issue Debit MasterCard(s)

Remote Deposit Capture

 

FREE Online Banking & Bill Pay

FREE Online Monthly Statements

FREE Telephone Banking

FREE Mobile Banking

* Item Fees include the following – $.20 for each check written, $.30 for each deposit made, $.10 for each item in the deposit, $.05 for each ACH item. Monthly earnings credit applied based on Average Collected Balance which may reduce total fees.

 


Questions?

One call to (855) 458-4598 brings the power of Sage Bank to your door and a knowledgeable banker will meet with you at a time and location that is most convenient for you.