Salem Five Direct

Deposit Rates APY Vs.Others
Savings 1.91% 2.30% →
1-Year CD N.A. 2.25% →
2-Year CD N.A. 2.50% →
3-Year CD 1.90% 2.50% →
4-Year CD N.A. 2.40% →
5-Year CD N.A. 2.80% →

2019 Overview

General Online Bank Information

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 $5.16 billion in assets.

Deposits FDIC Insured Yes
Insured Bank Salem Five Cents Savings Bank
FDIC Certificate # 23296
Date Established 1855
Assets $5.16 billion
Loans $3.96 billion
Deposits $3.87 billion
Capital $0.54 billion

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 - December 9, 2019

Online Savings and Money Market Rates
Online Savings and Money Market Rates APY MIN MAX
Online CD Rates
Online CD Rates APY MIN MAX
18 Month CD
1.90% $10,000 - Learn MoreShow Less
36 Month CD
1.90% $10,000 - Learn MoreShow Less



Customer Reviews for Salem Five Direct


  • 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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