Savings & Money Market
Savings and Money market accounts earn interest but allow you easy access to your funds. Salem Five offers several account options, with variations in interest rates, minimum balance, to help you work toward your financial goals.
Classic Five Savings℠
Minimum Balance to Open and Obtain APY: $10
Earn a variable interest rate on your balance while enjoying easy access to your funds. About a Classic Five Savings Account.
Annual Percentage Yield1
1.00%Monthly maintenance fee will be waived for the first month for new account openings.
Classic Five Money Market℠
Minimum Balance to Open: $10
Monthly maintenance fee will be waived for the first month for new account openings. About a Classic Five Money Money Account.
Club Five Money Market℠
Minimum Balance to Open: $10
Monthly maintenance fee will be waived for the first month for new account openings. You must establish and maintain a Club Five Checking℠account as a condition of eligibility for this account. About a Club Five Money Market.
Gold Star Money Market
Minimum Balance to Open: $10
Earn a great rate while retaining flexibility for your funds with zero monthly fees. Abour a Gold Star Money Market Account.
Advantage Money Market
Minimum Balance to Open: $10
Enjoy variable tiered rates and instant liquidity. Maintain the minimum balance and pay no monthly fee. About an Advantage Money Market Account.