Take advantage of Salem Five's competitive rates to help you meet all of your financial goals. Call us at 800.850.5000 to discuss current rates and products.

Special CDs

To receive posted (CD) Certificate of Deposit rate, application must be postmarked by: 11-21-2017.
 
 
Accounts Minimum Balance to Obtain APY Annual Percentage Yield 1 Interest Rate Apply
12 Month Special CD $10,000 0.70% 0.70% Apply Now for a Salem Five 12 Month Special CD
13 Month Special CD $10,000 1.00% 1.00% Apply Now for a Salem Five 13 Month Special CD
18 Month Special CD $10,000 1.75% 1.74% Apply Now for a Salem Five 18 Month Special CD
24 Month Special CD $10,000 1.40% 1.39% Apply Now for a Salem Five 24 Month Special CD
30 Month Special CD $10,000 1.30% 1.29% Apply Now for a Salem Five 30 Month Special CD
36 Month Special CD $10,000 2.00% 1.98% Apply Now for a Salem Five 36 Month Special CD
48 Month Special CD $10,000 2.00% 1.98% Apply Now for a Salem Five 48 Month Special CD
60 Month Special CD $10,000 2.00% 1.98% Apply Now for a Salem Five 60 Month Special CD

Callable CDs

Accounts Minimum Balance to Obtain APY Annual Percentage Yield 1 Interest Rate Apply
36/6 Month Callable CD $25,000 0.90% 0.90% Apply Now for a Salem Five Callable CD
36 Month Callable CD $25,000 0.90% 0.90% Apply Now for a Salem Five Callable CD
60 Month Callable CD $25,000 1.30% 1.29% Apply Now for a Salem Five Callable CD

Regular CDs

Accounts Minimum Balance to Obtain APY Annual Percentage Yield 1 Interest Rate Apply
3 Month (91-181) Day CD $2,500 0.10% 0.10% Apply Now for a Salem Five Regular CD Account
6 Month (182-364) Day CD $2,500 0.15% 0.15% Apply Now for a Salem Five Regular CD Account
12-17 Month CD $500 0.25% 0.25% Apply Now for a Salem Five Regular CD Account
18-29 Month CD $500 0.40% 0.40% Apply Now for a Salem Five Regular CD Account
30-41 Month CD $500 0.65% 0.65% Apply Now for a Salem Five Regular CD Account
42-59 Month CD $500 1.00% 1.00% Apply Now for a Salem Five Regular CD Account
60 Month CD $500 1.15% 1.14% Apply Now for a Salem Five Regular CD Account
9 Month No Penalty CD $10,000 0.20% 0.20% Apply Now for a Salem Five Regular CD Account

Retirement CDs

Accounts Minimum Balance to Obtain APY Annual Percentage Yield 1 Interest Rate Apply
3 Month (91-181) Day CD $500 0.10% 0.10% Apply Now for a Salem Five Retirement CD Account
6 Month (182-364) Day CD $500 0.15% 0.15% Apply Now for a Salem Five Retirement CD Account
12 - 17 Month CD $500 0.25% 0.25% Apply Now for a Salem Five Retirement CD Account
18 - 29 Month CD $500 0.40% 0.40% Apply Now for a Salem Five Retirement CD Account
30-41 Month CD $500 0.65% 0.65% Apply Now for a Salem Five Retirement CD Account
42-59 Month CD $500 1.00% 1.00% Apply Now for a Salem Five Retirement CD Account
60 Month CD $500 1.15% 1.14% Apply Now for a Salem Five Retirement CD Account
12 Month Special IRA $2,000 0.70% 0.70% Apply Now for a Salem Five Retirement CD Account
13 Month Special IRA $2,000 1.00% 1.00% Apply Now for a Salem Five Retirement CD Account
18 Month Special IRA $2,000 1.75% 1.74% Apply Now for a Salem Five Retirement CD Account
24 Month Special IRA $2,000 1.40% 1.39% Apply Now for a Salem Five Retirement CD Account
30 Month Special IRA $2,000 1.30% 1.29% Apply Now for a Salem Five Retirement CD Account
36 Month Special IRA $2,000 2.00% 1.98% Apply Now for a Salem Five Retirement CD Account
48 Month Special IRA $2,000 2.00% 1.98% Apply Now for a Salem Five Retirement CD Account
60 Month Special IRA $2,000 2.00% 1.98% Apply Now for a Salem Five Retirement CD Account
Easily open combo accounts online Apply
Star Checking & Star Savings Apply Now for a Salem Five Deposit Account
Gold Star Checking & Star Money Market Apply Now for a Salem Five Deposit Account
Money Market Accounts Annual Percentage Yield2
Interest Rate
 Star Money Market $100 minimum balance to open   Apply Apply Now for a Salem Five Star Money Market Account
   $0 to less than $5,000 0.02% 0.02%
   $5,000 to less than $10,000 0.02% 0.02%
   $10,000 to less than $25,000 0.05% 0.05%
   $25,000 to less than $50,000 0.05% 0.05%
   $50,000 to less than $75,000 0.10% 0.10%
   $75,000 to less than $100,000 0.10% 0.10%
   $100,000 and over 0.10% 0.10%
Money Market Accounts Annual Percentage Yield2
Interest Rate
Advantage Money Market $2,500 minimum balance to open   Apply Apply Now for a Salem Five Advantage Money Market Account
   $0 to less than $5,000 0.02% 0.02%
   $5,000 to less than $10,000 0.02% 0.02%
   $10,000 to less than $25,000 0.05% 0.05%
   $25,000 to less than $50,000 0.05% 0.05%
   $50,000 to less than $75,000 0.05% 0.05%
   $75,000 to less than $100,000 0.05% 0.05%
   $100,000 and over 0.12% 0.12%
Accounts Minimum Balance to Open Account Annual Percentage Yield 2 Interest Rate Apply
Retirement Money Market $500 0.05% 0.05% Apply Now for a Salem Five Retirement Money Market Account
Accounts Minimum To Open Account Online Minimum to Open Account in Person Minimum Balance to Obtain APY Annual Percentage Yield2 Interest Rate Apply
Star Checking $100 $10 $0.01 0.01% 0.01% Apply Now for a Salem Five Deposit Account
Gold Star Checking $100 $10 $0.01 0.01% 0.01% Apply Now for a Salem Five Deposit Account
Smart Student Checking $100 $10 $0.01 0.01% 0.01% Apply Now for a Salem Five Deposit Account
Accounts Minimum To Open Account Online Minimum to Open Account in Person Minimum Balance to Obtain APY Annual Percentage Yield2 Interest Rate Apply
Gold Star Saver $100 $10 $0.01 0.05% 0.05% Apply Now for a Salem Five Deposit Account
Star Savings $100 $10 $0.01 0.05% 0.05% Apply Now for a Salem Five Deposit Account
Statement Savings $100 $10 $0.01 0.05% 0.05% Apply Now for a Salem Five Deposit Account
Smart Student Saver $100 $10 $0.01 0.05% 0.05% Apply Now for a Salem Five Deposit Account
Home Equity Line of Credit Annual Percentage Rate3 Apply
   Salem Five Star Home Equity Line of Credit  2.25% / 3.75% Apply Now for a Salem Five Star Home Equity Line of Credit
Automobile Loans Term Annual Percentage Yield Payment per $1000 Apply
New 60 Months 4.74%7 $18.75 Apply Now for a Salem Five Auto Loan
Used Up to 4 Years Old 48 Months 5.74%8 $23.37 Apply Now for a Salem Five Auto Loan
Used 5 Years or Older 36 Months 6.74%9 $30.76 Apply Now for a Salem Five Auto Loan
Mortgage Rates Annual Percentage Rate 10 Rate Points Payment per $1000 Apply
15-yr APR 3.3624% 2.990% 1.63 $6.98
30-yr APR 3.9119% 3.750% 1.00 $4.67

1 A penalty will be imposed for premature withdrawal from Certificates of Deposit (CDs). Personal accounts only. Rates stated are accurate as of today. Fees may reduce earnings on Retirement CDs.  All rates are accurate as of today.

2 The rates are accurate as of today. Rates are variable and subject to change after account opening. Fees may reduce earnings on accounts. The Star Money Market requires a Star Checking or Gold Star Checking.

3 The Annual Percentage Rate (APR) for this Home Equity Line is variable based on the highest domestic Prime Rate published in The Wall Street Journal. The Prime Rate as of 10/23/17 was 4.25%. In order to qualify for the 2.25% introductory rate, you must have a minimum draw amount of $25,000 at closing and monthly periodic payments must be deducted automatically from a Salem Five checking account. Call 1.800.472.5365 for current rates. Minimum line amount is $25,000. Maximum line amount is $250,000. Loan to value not to exceed 70% of tax assessed value (up to 80% with a valid appraisal) or 60% for condominiums or townhouses (up to 70% with a valid appraisal.) Above LTV percentages assume either an existing Salem Five first mortgage loan or no existing lien on the subject property. 1- to 2- family owner-occupied residences only. Properties pledged as collateral that have been acquired through foreclosure, short sale, gift of equity or other similar type transactions will require a full appraisal. Trust review fees of up to $500 for properties held in trust. This offer is subject to change at any time without notice. $500 penalty for early termination. The annual fee of $50 is waived for Gold Star or On the Job Star Checking account holders. Consult a tax advisor regarding the tax deductibility of interest. **After initial 6 months, APR is the Prime Rate, which is currently 4.25%, minus 0.5%. The maximum possible APR is 18%. Property insurance is required, and flood insurance, if necessary. Other restrictions may apply, other products available. New lines only.

7 The Annual Percentage Rate (APR) for a New Auto Loan rate of 4.74% requires automatic payment from a Star Checking or Gold Star Checking account. If you choose not to establish this automatic payment, the APR is 4.99%, resulting in a monthly payment per $1,000 of $18.87.

8 The Annual Percentage Rate (APR) for a Used Auto Loan (up to 4 years old) of 5.74% requires automatic payment from a Star Checking or Gold Star Checking account. If you choose not to establish this automatic payment, the APR is 5.99%, resulting in a monthly payment per $1,000 of $23.48.

9 The Annual Percentage Rate (APR) for a Used Auto Loan (5 years or older) of 6.74% requires automatic payment from a Star Checking or Gold Star Checking account. If you choose not to establish this automatic payment, the APR is 6.99%, resulting in a monthly payment per $1,000 of $30.87.

10 Your actual APR will be determined based on Property Type, Loan Amount, Loan to Value Ratio, Credit History or other specific loan request. The maximum loan amount varies by county. Subject to credit approval. The Annual Percentage Rate (APR) quoted is available as of November 17, 2017. Rates subject to change at any time. Offer available for owner occupied, single family properties with a combined loan to value (CLTV) up to 75% or less with a credit score(s) of 740 or greater for a lock period of 30 days for purchase and rate and term refinance loans. Hazard Insurance is required. Flood Insurance may be required. Other restrictions may apply. Actual payments may be greater as payments disclosed do not include any amounts for taxes and/or insurance premiums. All mortgage loan products offered through Salem Five Mortgage Company, LLC, NMLS #4662.