Salem Five Cents Savings BankMoney market accountChecked Oct 10, 2026Updated
Salem Five Cents Gold Star Money Market
0.10%APY on $10,000 · as of Oct 10, 2026
- A year on $10,000
- $10 after fees
- Monthly fee
- $15 a month
- To open
- $10 to open
- On our list
- #74 of 152 money market accounts, by a year’s value on $10,000
Visit Salem Five Cents SavingsThe bank’s own page · checked Oct 10, 2026
What it earns in a year
Interest at the APY for each balance, minus any monthly fee you’d pay. Rates are variable; these are today’s.
| Balance | APY | A year, after fees |
|---|---|---|
| $1,000 | 0.10% | −$179 |
| $5,000 | 0.10% | $5 |
| $10,000 | 0.10% | $10 |
| $25,000 | 0.10% | $25 |
| $50,000 | 2.40% | $1,200 |
| $100,000 | 2.40% | $1,200 |
Rates by balance
| Balance | APY |
|---|---|
| $0.01 to $50,000 | 0.10% |
| $50,000 and up | 2.40% |
Source: the bank’s rates · as of Oct 10, 2026
Rate conditions
Fees
- Monthly fee
- $15 a monthSource · checked Oct 10, 2026
- Ways to avoid the monthly fee
- Minimum daily balance to avoid monthly fee per statement cycle is $2,500.Source · checked Oct 10, 2026
- Minimum to open
- $10Source · checked Oct 10, 2026
- Overdraft fee
- $35Source · checked Oct 10, 2026
- Returned item (NSF) fee
- $35Source · checked Oct 10, 2026
- Most overdraft fees in a day
- 5Source · checked Oct 10, 2026
- ATM network
- Salem Five and Allpoint ATMsSource · checked Oct 10, 2026
- Out-of-network ATM fee
- $3Source · checked Oct 10, 2026
- International ATM fee
- $3Source · checked Oct 10, 2026
- Foreign transaction fee (debit card)
- 3%Source · checked Oct 10, 2026
- Incoming domestic wire
- $15Source · checked Oct 10, 2026
- Outgoing domestic wire
- $30Source · checked Oct 10, 2026
- Outgoing international wire
- $45Source · checked Oct 10, 2026
- Paper statements
- $2 a monthSource · checked Oct 10, 2026
- Inactivity fee
- NoneSource · checked Oct 10, 2026
- Cashier’s check
- $8Source · checked Oct 10, 2026
- Stop payment
- $30Source · checked Oct 10, 2026
- Card replacement
- $10Source · checked Oct 10, 2026
Features
Interest bearingNo minimum balanceNo overdraft fees
From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.
Rates and fees change; the bank’s own page is the final word. Report a mistake · How we make money