Salem Five Cents Savings Bank Articles
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
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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