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Bank in Salem, MAChecked Oct 10, 2026Updated

Salem Five Cents Savings Bank

Best savings rate
4.00% APY Salem Five Cents Club Five Money Market SM
Best CD rate
4.30% APY for 15 months
Bonus
$300 Salem Five Cents Club Five Checking ℠
Accounts we track
23

Savings accounts

Money market accounts

Checking accounts

CDs

Salem Five Cents Savings Bank CD rates: 2 CDs, up to 4.30% APY for 15 months.

Bonuses

  • $300Salem Five Cents Club Five Checking ℠

    To qualify, the customer must be at least 13 years of age, reside in Massachusetts, New Hampshire, or Rhode Island, provide promotional code 2026FallDCRU at account opening, be a new personal checking customer who has not owned or co-owned a Salem Five personal checking account within the preceding

About Salem Five Cents Savings Bank

Headquarters
Salem, MA
Regulator
Federal Deposit Insurance Corporation
FDIC certificate
23296 · FDIC BankFind record
Federal Reserve RSSD ID
618807
Website
salemfive.com
Deposit insurance
FDIC-insured, up to $250,000 per depositor, per ownership category. How much of yours is covered

From the FDIC's register of institutions. Rates and fees are on each account's page, with their sources.