Bank · FDIC insured
Salem Co-operative Bank Savings Rates
Salem Co-operative Bank’s best savings rate is 0.10% APY on $10,000, with its Mobile Savings. Rates checked October 22, 2026.
How Salem Co-operative Bank’s savings rates compare
Compared with banks and credit unions near Boston, MA-NH, where Salem Co-operative Bank has the most branches. $10,000, best rate first.
This bank’s best
Salem Co-operative Bank
0.15%APY
- Requires
- Another account
- Minimum
- $10
- Earns on $10,000 a year
- $15
Partnership Savings
Top rate
Leader Bank
5.00%APY
- Requires
- Monthly account activity
- Minimum
- $10
- Earns on $10,000 a year
- $500
2nd-highest rate
Albright Credit Union
5.00%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $500
Salem Co-operative Bank savings score
66
Savings score
Higher than 15% of U.S. banks and credit unions
- $1,000 balance$1,0000.10%
- $10,000 balance$10,0000.10%
- $100,000 balance$100,0000.10%
- QualifiedQualified0.15%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Salem Co-operative Bank ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Partnership Savings
0.15%APY
Must maintain a Partnership Checking account. Age requirement to open is 18. Daily balance of $7,500.00 or higher waives Partnership Checking monthly service charge ($17.50). Interest compounded monthly.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $10,000 | 0.10% | — |
| $10,000 – $25,000 | 0.15% | $15 |
| $25,000 – $50,000 | 0.50% | — |
| $50,000 – $100,000 | 0.60% | — |
| $100,000 – $250,000 | 1.10% | — |
| $250,000 – $500,000 | 1.20% | — |
| $500,000 and up | 1.50% | — |
Sources (2)
All captured Oct 15, 2026
Mobile Savings
0.10%APY
Free online statements ($3.00 fee for paper statements). Interest compounded monthly. Minimum daily balance of $1.00 to earn interest.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $1 and up | 0.10% | $10 |
Sources (2)
All captured Oct 15, 2026
Statement Savings
0.10%APY
Interest compounded monthly. Minimum daily balance to earn interest is $1.00. Free monthly online or paper statements.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $1 and up | 0.10% | $10 |
Sources (2)
All captured Oct 15, 2026
Special-purpose accounts
Student Savings
0.10%APY
Available to students ages 14-22 (students under 18 require a parent or guardian on the account and must be opened with a bank representative). Free online statements ($1.00 fee for paper statements). Interest compounded monthly.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $1 and up | 0.10% | $10 |
Sources (2)
All captured Oct 15, 2026
Club Account
0.05%APY
Maintain minimum daily balance of $100.00 to earn interest. Interest compounded quarterly. Receive a check at end of Club period; club year begins November 1st. Automatically renews with another $10.00 deposit. Early closing fee of $5.00 if closed before end of club year.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $100 and up | 0.05% | $5 |
Sources (2)
All captured Oct 15, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.