APY on $10,000
0.50%
As of Nov 8, 2026. Rates are variable.
Salem Five Cents Savings Bank · Money market account
Salem Five Cents Classic Five Money Market ℠
$50 a year on $10,000 at today’s 0.50% APY. $5 a month. $10 to open.
- A year on $10,000
- Receipt · A year on $10,000Checked Nov 8, 2026
Issuer's page · salemfive.com
The source states this figure; we have no exact sentence on file yet.
- Balance
- $10,000
- APY
- 0.50%
- Monthly fee, a year
- $60
- A year
- $50
- APY on $10,000
- Receipt · APYChecked Nov 8, 2026
Issuer's page · salemfive.com
The source states this figure; we have no exact sentence on file yet.
- Monthly fee
- Receipt · Monthly feeChecked Nov 8, 2026
Issuer's page · salemfive.com
The source states this figure; we have no exact sentence on file yet.
- To open
- Receipt · Minimum to openChecked Nov 8, 2026
Issuer's page · salemfive.com
The source states this figure; we have no exact sentence on file yet.
In dollars
What it earns in a year
Interest at the APY for each balance, minus any monthly fee you’d pay. Pick your balance; the rail’s figure follows it.
Against the market
How it ranks
#43of 174 money market accounts, by a year’s value on $10,000
All 174 money market accounts, rankedFeatures
- Interest bearing
From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.
Rates by balance
- $10 to $9,999.99
- 0.10%
- $5,000 to $10,000
- 0.10%
- $10,000 to $25,000
- 0.50%
- $25,000 to $50,000
- 1.00%
- $50,000 and up
- 2.40%
- $75,000 to $100,000
- 2.40%
- $100,000 and up
- 2.40%
The bank’s rates · as of Nov 8, 2026
In the bank’s words
Terms
Rate conditions
- Balance needed for the APY
- $10salemfive.com, checked Nov 8, 2026
- To earn the APY
- $10 Minimum Balance to Obtain Annual Percentage Yieldsalemfive.com, checked Nov 8, 2026
Fees
- Monthly fee
- $5 a monthsalemfive.com, checked Nov 8, 2026
- Ways to avoid the monthly fee
- Any one of these:
- Maintain $500
- have at least one Debit Card Round Up posted to your account in the statement cycle
- Minimum to open
- $10salemfive.com, checked Nov 8, 2026
- Overdraft fee
- $35salemfive.com, checked Nov 8, 2026
- Returned item (NSF) fee
- $5salemfive.com, checked Nov 8, 2026
- Most overdraft fees in a day
- 5salemfive.com, checked Nov 8, 2026
- ATM network
- Salem Five and Allpoint® ATMssalemfive.com, checked Nov 8, 2026
- Out-of-network ATM fee
- $3salemfive.com, checked Nov 8, 2026
- Foreign transaction fee (debit card)
- 3%salemfive.com, checked Nov 8, 2026
- Incoming domestic wire
- $15salemfive.com, checked Nov 8, 2026
- Outgoing domestic wire
- $30salemfive.com, checked Nov 8, 2026
- Incoming international wire
- $15salemfive.com, checked Nov 8, 2026
- Outgoing international wire
- $45salemfive.com, checked Nov 8, 2026
- Paper statements
- $2 a monthsalemfive.com, checked Nov 8, 2026
- Inactivity fee
- $5salemfive.com, checked Nov 8, 2026
- Cashier’s check
- $8salemfive.com, checked Nov 8, 2026
- Stop payment
- $30salemfive.com, checked Nov 8, 2026
- Card replacement
- $10salemfive.com, checked Nov 8, 2026
FDIC-insured, up to $250,000 per depositor, per ownership category: FDIC BankFind.
Rates and fees change; the bank’s own page is the final word. Report a mistake · How we make money