Salem Five Direct



2019 Overview

General Online Bank Information

Deposits FDIC Insured Yes
Insured Bank Salem Five Cents Savings Bank
FDIC Certificate # 23296
Date Established 1855
Assets $4.94 billion
Loans $3.71 billion
Deposits $3.79 billion
Capital $0.51 billion
Money that you deposit is held by Salem Five Cents Savings Bank. Salem Five Cents Savings Bank is an FDIC insured institution founded in 1855. It has approximately $4.94 billion in assets.

For a more detailed analysis of Salem Five Cents Savings Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - February 20, 2019

Online CD Rates APY MIN MAX
18 Month CD
2.00% $10,000 - Learn MoreShow Less
36 Month CD
2.00% $10,000 - Learn MoreShow Less
48 Month CD
2.50% $10,000 - Learn MoreShow Less

Customer Reviews for Salem Five Direct


  • herbert lynch

    February 04, 2016

    be careful if you already have an account with these guys - the 1.1 rate is only for new money

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