29accounts we track

  • Savings4
  • Money market8
  • Checking9
  • CDs8

Bank in Salem, MA

Salem Five Cents Savings Bank

FDIC-insured · certificate 23296

Savings, money market, checking and CDs, with every rate from Salem Five Cents Savings Bank’s own pages and every rank against the accounts we track.

Checked Nov 8, 2026Updated

Best savings rate
4.00%APY · Salem Five Cents Club Five Money Market SM
Best CD rate
2.76%APY for 6 months

Every account we track

Accounts and rates

Savings and money market

A year on $10,000, after fees
Salem Five Cents Club Five Money Market SMMoney market account4.00%−$120Not stated
Salem Five Cents Club Five Money Market ℠Money market account · $10 to open4.00%−$60$5 a month
Salem Five Cents Classic Five Money Market SMMoney market account2.40%−$70Not stated
Salem Five Cents Classic Five Money Market ℠Money market account · $10 to open2.40%$50$5 a month
Salem Five Cents Gold Star Money MarketMoney market account · $10 to open2.40%$10None
Salem Five Cents Star Money MarketMoney market account2.40%$10None
Salem Five Cents Classic Five SavingsSavings account · $10 to open1.00%$100Not stated
Salem Five Cents Advantage Money MarketMoney market account · $10 to open0.10%−$175$15 a month
Salem Five Cents 18/65 SavingsSavings account · $10 to openNot stated—None
Salem Five Cents Gold Star SaverSavings accountNot stated—None
Salem Five Cents Statement SavingsSavings accountNot stated—$3 a month
Salem Five Cents Retirement Money MarketMoney market accountNot stated—Not stated

Checking

Against 1043 checking accounts
Salem Five Cents Connect Five Account ™Checking account · $10 to openNot stated#84$5 a month
Salem Five Cents 18/65 CheckingChecking account · $10 to openNot stated#151None
Salem Five Cents 18/65 Checking with InterestChecking account · $10 to openNot stated#152None
Salem Five Cents Classic Five Checking ℠Checking account · $10 to openNot stated#178None
Salem Five Cents The Open Account™Checking account · $10 to openNot stated#202None
Salem Five Cents 18/65 Checking Without InterestChecking account · $10 to openNot stated#252None
Salem Five Cents Club Five Checking SMChecking account0.05%#530Not stated
Salem Five Cents Classic Five Checking SMChecking accountNot stated#599Not stated
Salem Five Cents Club Five Checking ℠Checking account · $10 to open0.05%#986$25 a month

Regular CD Account - Term of Less than One Year, by term

3 months0.05%—
6 months · Salem Five Cents Savings Bank’s best2.76%#101 of 143
1 year2.76%#116 of 176
18 months2.25%#82 of 107
2 years2.25%#90 of 134
30 months0.35%—
3 years0.35%#83 of 98
42 months0.50%—
5 years0.50%#82 of 98

A dash: a term we don’t rank. 7 more CDs at Salem Five Cents Savings Bank. All Salem Five Cents Savings Bank CDs

Against the market

How Salem Five Cents Savings Bank ranks

Where each ranked account sits on our list for its kind. Further right is higher on the list.

  • Salem Five Cents Connect Five Account ™Checking account#84 of 1043
  • Salem Five Cents 18/65 CheckingChecking account#151 of 1043
  • Salem Five Cents 18/65 Checking with InterestChecking account#152 of 1043
  • Salem Five Cents Classic Five Checking ℠Checking account#178 of 1043
  • Salem Five Cents The Open Account™Checking account#202 of 1043
  • Salem Five Cents 18/65 Checking Without InterestChecking account#252 of 1043
  • Salem Five Cents Classic Five Money Market ℠Money market account#43 of 174
  • Salem Five Cents Classic Five SavingsSavings account#75 of 270

Savings and money market accounts rank by a year on $10,000; checking by a year for an everyday customer; CDs by a year on $10,000 at each term.