Salem Five Cents Savings Bank Articles

If Your Bank is Cutting Rates and Benefits, It Is Time to Find Another Bank Image Courtesy: Pexel

If Your Bank is Cutting Rates and Benefits, It Is Time to Find Another Bank

Banks have always used the end of the year as a time to cut rates on savings accounts or allow promotional rates to expire, and/or to reduce benefits.  For the last eight years, rates have been falling and the lack of competition ha... Read →

SalemFivedirect Offers 1.25% Savings Rate and 0.55% Checking Rate Image Image courtesy of hywards at FreeDigitalPhotos.net

SalemFivedirect Offers 1.25% Savings Rate and 0.55% Checking Rate

These online-only accounts have no monthly fees, no minimum balance requirements, and deposits up to $1,000,000 earn this competitive interest rate. There is, however, some (small) fine print to be aware of.

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