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Name

Salem Five Direct

APY

3.61%

USD 10.0

Eligibility limited to consumers who apply online and do not have an existing checking or savings account with Salem Five Bank at the time of application
Only funds not previously on deposit with Salem Five or Salem Five Direct are eligible
APY applies to balances up to $1,000,000; balances over this amount may earn a lower variable rate
No more than 6 combined pre-authorized, automatic or telephone transfers per calendar month
No monthly maintenance fees
Branch transaction fee if transactions are conducted at a Salem Five Bank branch

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What is the interest rate on Salem Five Direct savings account?
The interest rate on Salem Five Direct is 3.61% as of Tue Feb 10 2026.

Is the Salem Five Direct savings account safe?
Salem Five Direct is FDIC insured. This means that your money is insured up to $250,000 by the United States government.

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