Temporary Liquidity
Guarantee Program
Beginning July 1, 2010, the Bank of Salem will no longer participate in the FDIC's Transaction Account Guarantee Program. Thus, after June 30, 2010, funds held in noninterest-bearing transaction accounts will no longer be guaranteed in full under the Transaction Account Guarantee Program, but will be insured up to $250,000 under the FDIC's general deposit insurance rule.
Debit CardsTHE BANKchek card functions like a MasterCard or VISA credit card, but transactions post directly to the customer’s checking account. THE BANKchek card also functions as an ATM Card to access banking services 24 hours a day.
Use your THE BANKchek Debit MasterCard at millions of locations instead of cash and checks. THE BANKchek card reduces the need to carry large sums of cash and eliminates delays caused by check approval processes.
There are no fees assessed for purchases made with THE BANKcheck card. There is a $1.00 charge per transaction done at non-proprietary ATM’s.
MasterCard Secure Code SecureCode is a service that helps protect MasterCard card accounts against unauthorized Internet transactions by using identity information established between an individual cardholder and his or her financial institution. Learn More!
Debit Cards
