Salem Five Bank CD Rates — October 2026
As of October 22, 2026, Salem Five Bank's highest tracked CD rate is 4.36% APY on an 18-month special CD ($10,000 minimum). That is 2.8 times the FDIC national average for 24-month CDs (1.55%).
Tracking began .
Salem Five Bank CD rates
Special CDs with terms of one year or longer only (12 to 60 months), from the bank's account disclosure; $10,000 is required to open and must be maintained. Special CDs renew into standard terms. Shorter specials and standard CD rates are not included.
| Term | Product | APY | vs. Treasury | Source | |
|---|---|---|---|---|---|
| 12 months | 12 Month Special CD Special | $10,000 | 4.00% | −0.57% | Top 28% of tracked 12-month CDs · Verified October 22, 2026 |
| 15 months | 15 Month Special CD Special | $10,000 | 4.25% | −0.40% | Verified October 22, 2026 |
| 18 months | 18 Month Special CD Special | $10,000 | 4.36% | −0.36% | Top 8% of tracked 18-month CDs · Verified October 22, 2026 |
| 24 months | 24 Month Special CD Special | $10,000 | 3.50% | −1.37% | Top 52% of tracked 24-month CDs · Verified October 22, 2026 |
| 30 months | 30 Month Special CD Special | $10,000 | 2.00% | −2.91% | Verified October 22, 2026 |
| 36 months | 36 Month Special CD Special | $10,000 | 2.00% | −2.95% | Top 80% of tracked 36-month CDs · Verified October 22, 2026 |
| 48 months | 48 Month Special CD Special | $10,000 | 2.25% | −2.73% | Top 74% of tracked 48-month CDs · Verified October 22, 2026 |
| 60 months | 60 Month Special CD Special | $10,000 | 2.25% | −2.76% | Top 76% of tracked 60-month CDs · Verified October 22, 2026 |
APY = annual percentage yield. "vs. Treasury" compares each APY with the Treasury yield for the same term on 2026-10-21 (converted to APY). Treasury interest is exempt from state income tax; see the T-bill vs. CD calculator.
What are Salem Five Bank's best CD rates by term?
Salem Five Bank's best rate is 4.36% APY on 18 months, verified October 22, 2026.
- 12 mo4.00%
- 15 mo4.25%
- 18 mo4.36%
- 24 mo3.50%
- 30 mo2.00%
- 36 mo2.00%
- 48 mo2.25%
- 60 mo2.25%
How much interest could a Salem Five Bank CD earn?
Estimated interest at maturity for the displayed institution quotes, before tax or early withdrawal penalties. Each estimate assumes the quoted APY applies to that balance and interest stays deposited. Estimates use known deposit tiers. Upper balance limits and membership, relationship or new-money requirements must be confirmed with the institution; these are conditional estimates, not personalized offers.
$661.70 interest · $10,661.70 at maturity on $10,000.00.
4.36% APY · 18 months · 18 Month Special CD · Special · verified October 22, 2026.
Before tax; interest remains deposited. Confirm all product conditions. Estimate one-year purchasing power.
| Term | $5,000 | $10,000 | $25,000 | $50,000 |
|---|---|---|---|---|
| 12 months | Not estimated | $400.004.00% APY · 12 Month Special CD · Special | $1,000.004.00% APY · 12 Month Special CD · Special | $2,000.004.00% APY · 12 Month Special CD · Special |
| 15 months | Not estimated | $533.744.25% APY · 15 Month Special CD · Special | $1,334.364.25% APY · 15 Month Special CD · Special | $2,668.714.25% APY · 15 Month Special CD · Special |
| 18 months | Not estimated | $661.704.36% APY · 18 Month Special CD · Special | $1,654.254.36% APY · 18 Month Special CD · Special | $3,308.504.36% APY · 18 Month Special CD · Special |
| 24 months | Not estimated | $712.253.50% APY · 24 Month Special CD · Special | $1,780.623.50% APY · 24 Month Special CD · Special | $3,561.253.50% APY · 24 Month Special CD · Special |
| 30 months | Not estimated | $507.812.00% APY · 30 Month Special CD · Special | $1,269.522.00% APY · 30 Month Special CD · Special | $2,539.052.00% APY · 30 Month Special CD · Special |
| 36 months | Not estimated | $612.082.00% APY · 36 Month Special CD · Special | $1,530.202.00% APY · 36 Month Special CD · Special | $3,060.402.00% APY · 36 Month Special CD · Special |
| 48 months | Not estimated | $930.832.25% APY · 48 Month Special CD · Special | $2,327.082.25% APY · 48 Month Special CD · Special | $4,654.172.25% APY · 48 Month Special CD · Special |
| 60 months | Not estimated | $1,176.782.25% APY · 60 Month Special CD · Special | $2,941.942.25% APY · 60 Month Special CD · Special | $5,883.882.25% APY · 60 Month Special CD · Special |
How Salem Five Bank compares
Compare the displayed terms, minimums and quote locations. Membership, relationship and new-money conditions may apply. Institution quotes below use the exact 548-day term. Regional peers quote a shared operating state; nationwide best is limited to our tracked sample.
This quote ranks 25 of 295 tracked institutions with fresh 548-day quotes (ties share a rank). Each other institution contributes its highest APY for that exact term; minimums and eligibility can differ.
| Institution / benchmark | Term | Minimum | Who can open | APY | Verified / source date |
|---|---|---|---|---|---|
| Salem Five Bank (this institution)18 Month Special CD · Special | 18 months | $10,000 | Branches in MA | 4.36% | October 22, 2026 |
| Popular DirectCD · Standard | 18 months | $10,000 | Available nationwide | 4.75% | October 22, 2026 |
| E*TRADE (Morgan Stanley Private Bank)Bank CD · Standard | 18 months | Not stated | Available nationwide | 4.55% | October 22, 2026 |
| BarclaysOnline CD · Standard | 18 months | Not stated | Available nationwide | 4.50% | October 22, 2026 |
| Kirtland Federal Credit Union (highest tracked APY for this term)18-Month Limited-Time Share Certificate · Promotional | 18 months | $500 | Membership required · branches in NM | 5.12% | October 22, 2026 |
| Treasury (APY-equivalent) | 18 months (term-matched estimate) | Depends on purchase method | Federal; interest exempt from state income tax | 4.72% | 2026-10-21 |
Rate changes
See changes across all tracked institutions
No changes since we started tracking Salem Five Bank on October 22, 2026.
About Salem Five Bank
- Legal name
- Salem Five Cents Savings Bank
- Regulator ID
- FDIC 23296
- Headquarters
- Salem, MA
- Available in
- MA
- Total assets
- $8.8 billion
- Also known as
- Salem Five Cents Savings Bank, Salem Five
- Website
- www.salemfive.com
Source: rates read from https://www.salemfive.com/personal/accounts/disclosures/special-cd-of-one-year-or-greater/. See the page text we read.
Frequently asked questions
What is the highest CD rate at Salem Five Bank?
Among the rates we track, 4.36% APY on an 18-month special CD, as of October 22, 2026.
What is the minimum deposit for a Salem Five Bank CD?
The lowest minimum we found is $10,000.
How does Salem Five Bank's best CD rate compare with Treasury yields?
4.36% APY is −0.36% versus the 18-month Treasury yield of 4.72% (APY-equivalent) on 2026-10-21. Treasury interest is also exempt from state income tax.
Is 4.36% a good CD rate?
It is 2.8 times the FDIC national average for a similar term (1.55% as of 2026-10-19), which is a deposit-weighted average across all U.S. banks and credit unions. Online banks and promotional CDs often pay several times the national average.
Are Salem Five Bank CDs insured?
Salem Five Bank is an FDIC-insured bank (FDIC 23296). Deposits are insured up to $250,000 per depositor, per ownership category.
How often is this page updated?
We check Salem Five Bank's rate page every day. The rates above were last verified on October 22, 2026.
More bank CD rates
Rates are copied from Salem Five Bank's website and may change at any time. Confirm terms, minimums and eligibility with Salem Five Bank before opening an account. This page is not financial advice.