Salem Five Cents Savings Bank Articles
Banks have always used the end of the year as a time to cut rates on savings accounts or allow promotional rates to expire, and/or to reduce benefits. For the last eight years, rates have been falling and the lack of competition has... Read →
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SalemFivedirect Offers 1.25% Savings Rate and 0.55% Checking Rate
These online-only accounts have no monthly fees, no minimum balance requirements, and deposits up to $1,000,000 earn this competitive interest rate. There is, however, some (small) fine print to be aware of.
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