Salem Five Cents Savings Bank – CD Rates
February 11th, 2011
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Updated 3/25/2020
Salem Five Cents Savings Bank appears to be quite a healthy bank. Bauer Financial gives them 5-stars (Superior). Depositaccounts.com gives them an “A” rating for financial health. They certainly have competitive CD Rates.
| FDIC# | 23296 |
| Stats Updated: | 9/19 |
| Star Rating: | 5 (*****) |
| Assets: | $5.2BB |
| Equity: | $553.5MM |
| Capital Ratio: | 14.47% |
| Profits(loss): | $48.5MM |
| Phone#: | (800)850-5000 |
| Contact: | Customer Service |
| Address: | 71 Washington St. Salem, MA 01970 |
| Website: | www.salemfive.com |
Salem Five Cents Savings Bank takes personal funds, trusts, and IRAs. They appear to have a pretty straightforward process. The rates below are for a $10,000 minimum balance
| 36-Months: | 0.75% |
| 18-Months: | 0.50% |
Let us know what kind of deals you are finding.
cd :O)
-- By Chris Duncan
