Salem Five Bank — Providing full-service financial services including banking, mortgage lending, loans, insurance and investments.

Which money market account would you like to open?

Click below to get started.

 

Gold Star Money Market

Minimum Balance to Open: $10

Earn a great rate while retaining flexibility for your funds with zero monthly fees. Learn more.

Daily Balance Range Interest Rate

Annual Percentage Yield1

$500,000 and over

2.86% 2.90%

$250,000 to less than $500,000

2.86% 2.90%

$100,000 to less than $250,000

2.86% 2.90%
$75,000 to less than $100,000 2.86% 2.90%
$50,000 to less than $75,000 2.86% 2.90%
$25,000 to less than $50,000 0.10% 0.10%
$10,000 to less than $25,000 0.10% 0.10%
$5,000 to less than $10,000 0.10% 0.10%
$0 to less than $5,000 0.10% 0.10%

Advantage Money Market

Minimum Balance to Open: $10

Enjoy variable tiered rates and instant liquidity. Maintain the minimum balance and pay no monthly fee. Learn more.

Daily Balance Range

Interest Rate

Annual Percentage Yield2

$100,000 and over

0.10% 0.10%
$75,000 to less than $100,000 0.05% 0.05%
$50,000 to less than $75,000 0.05% 0.05%
$25,000 to less than $50,000 0.05% 0.05%
$10,000 to less than $25,000 0.05% 0.05%
$5,000 to less than $10,000 0.01% 0.01%
$0 to less than $5,000 0.01% 0.01%

 

The rates are accurate as of today. Rates are variable and subject to change after account opening. Fees may reduce earnings on accounts. 

*The Annual Percentage Yield (APY) is accurate as of today. 2.90% APY earned for balances $50,000 or more; 0.10% APY earned for balance $0.01 - $49,999.99. Rate may change after account is opened. Fees may reduce earnings. Personal accounts only. Minimum deposit to open is $10. Offer available for funds not currently on deposit. Maximum deposit limit is $1,000,000 per account and one account per customer.