Salem Five's CD Rates and Financial Information
Salem Five Cents Savings Bank Main Address and Contact Information
71 Washington Street
Salem, Massachusetts 01970
Salem Five Cents Savings Bank FDIC Certification Number
Rating: (4 out of 5)100
Notes: **All deposits FDIC and DIF insured** Apply online/phone today!
Salem Five CD Rates
Salem Five IRA CD Rates
Rates Updated: 01/16/2018
Articles Related to Salem Five
Online Savings Account Rates Hit 1.50 Percent
Online savings account rates increased again this month and have hit a milestone. The best online savings rates hit 1.49 percent with an APY of 1.50 percent, a new high for 2017. Savings rates moved higher in December because the Federal Reserve increased the fed funds rate. Read more...
Salem Five 5 Year CD Rates now at 1.98%
Salem Five 5 Year CD rates are now at 1.98 percent with a yield of 2.00 percent. View current 5 Year CD rates at Salem Five below. Read more...
Seven Banks Changed CD Rates in the Past Day
Seven different Banks changed CD rates the past day. The CD rate changes were to both short term and long term certificates of deposit. You can see how these new CD rates compare with other bank's rates for similar CD terms at MonitorBankRates.com.
Bank CD Rates Report May 21, 2015
Another quiet week for CD rates, no big change in rates for short term or long term certificate of deposits. We don't expect any major changes in CD rates until the Federal Open Market Committee meets next month. If the FOMC does increase the federal funds rate, banks will follow with higher deposit rates. Read more...
CD Rate Report May 12, 2015
Listed below are this week's CD rates for certificate of deposit terms ranging between 1 month and 5 years. There have been slight functions in rates offered by banks and credit unions this week. We will have to wait until the FOMC increases the fed funds rate for bigger changes in rates. Also listed below are this week's average CD rates, derived from the CD rate database. Read more...
Top Certificate of Deposit Rates | October 7, 2014
Listed below are the top short term and long term certificate of deposit rates for October 7, 2014: Read more...
Best CD Rates This Week as Higher Rates Sooner Than Later a Possibility
CD rates were mixed this week as Federal Reserve Chairperson, Janet Yellen, hinted that interest rates could be increased sooner than later. Janet Yellen testified before the Senate Banking Committee recently and basically said if the unemployment rate falls further, the Fed might have to raise rates sooner than thought. Read more...
Banks Raising CD Rates: Best Rates July 5, 2014
More and more banks are starting to increase the rates they pay on certificates of deposit. The increases are not large or widespread but nonetheless moving higher. Any across the board increase will have to wait until the Federal Reserve Bank increases the federal funds rate. Listed below are the highest CD rates this week for certificates of deposit with terms of 3 months to 5 years. Read more...
12 Month Bank CD Rates June 6, 2014
The best CD rates available on 12 month certificates of deposit remain the same and average 12 month rate fell this week. The top 1 year CD rate is at 1.09% with an APY of 1.10 percent. The current national average 1 year CD rate fell to 0.88 percent, down from the prior week's average of 0.90 percent. Read more...
Best CD Rates May 30, 2014: Highest 1 Year Bank CD Rates at 1.10%
Average 1 year bank CD rates are slightly higher this week at 0.90 percent, up from last week's average 1 year CD rate of 0.89 percent. The best 1 year CD rates remain unchanged this week at 1.09 percent with an APY of 1.10 percent. A handful of banks have been upping their short term and long term rates recently, which is welcome news. Read more...
Compare Salem Five's CD Rates With Other Bank Rates Below
Salem Five Cents Savings Bank Financials