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Salem Five Promotions: $500 Checking Bonus (MA, NH, RI)

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Find the latest listing of Salem Five Bank promotions, bonuses, and offers here.

Update 9/25/25: There’s currently a $500 checking bonus available through 10/13/25.

Salem Five Bank Promotions Review

Salem Five is considered to be a mutual bank, which means it is not publicly held and has no stockholders. Their focus is to make decisions to help build relationships with their customers.

I’ll go over Salem Five Bank offers below.

Salem Five Bank $250 Checking Bonus

Salem Five $150 Checking Bonus [Nationwide] (YMMV)

  • What you’ll get: $200 bonus
  • Where it’s available: MA, NH, RI (Bank Locator)
  • Credit Inquiry: Soft Pull or Hard Pull?
  • Credit Card Funding: Unknown
  • How to earn it:
    • To qualify for the $500 offer, the Open Account must be opened between 9/15/25 and 10/13/25 using promo code 2025SEP500 at account opening.
    • Must have two or more direct deposits with a cumulative amount of $2,000 or more made within 90 days of account opening.
    • The one-time offer will be deposited into the new checking account within 60 days of meeting the offer criteria.
Learn More at Salem Five

(Expires 10/13/2025)

You can compare this to several great entry level checking accounts with offers include the:
KeyBank Checking ($300 bonus)SoFi Checking and Savings Account ($325 Bonus)
KeyBank Checking Banner
Huntington Business Checking Bonus

Author’s Verdict

This bonus from Salem Five Bank is a simple way to earn by opening a new checking or savings account. This promotion is for a limited time so sign up now if it interests you.

For more current offers, check out our bank bonuses page. Compare Salem Five Bank rates for CDs and Savings with our best rates for Savings  and CD accounts.

Be sure to check more popular bank promotions include Chase Bank, Bank of America, Citibank, Discover Bank, CIT Bank, TD Bank, Huntington Bank, HSBC Bank, Wells Fargo and many more.

Additionally, you can find a full list of the best bank promotions here. Finally, remember to bookmark this page because you will always find an updated list of Salem Five Bank promotions here.