Bank · FDIC insured
Salem Five Bank CD Rates
Top CarrotSalem Five Bank’s best CD rate is 4.36% APY on an 18-month CD. Terms run from 3 months to 5 years. Rates checked October 15, 2026.
How Salem Five Bank’s CD rates compare
Compared with banks and credit unions near Boston, MA-NH, where Salem Five Bank has the most branches. $10,000, best rate first.
This bank’s best
Salem Five Bank
4.36%APY
- Term
- 18 months
- Minimum
- $10,000
- Earns on $10,000
- $661
Special CDs
Top rate
RiverWorks Credit Union
4.80%APY
- Term
- 6 months
- Minimum
- $500
- Earns on $10,000
- $237
2nd-highest rate
Arise Financial
4.75%APY
- Term
- 36 months
- Minimum
- $500
- Earns on $10,000
- $1,494
Salem Five Bank CD score
91
CD score
Higher than 92% of U.S. banks and credit unions
- 3–8 months3–8 mo4.00%
- 9–15 months9–15 mo4.25%
- 16–30 months16–30 mo4.36%
- 31–60 months31–60 mo2.25%
- QualifiedQualified4.36%
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 Five Bank ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Special CDs
Up to 4.36%APY · 12 terms
Personal accounts only. Maximum deposit amount is $500,000. Early withdrawal penalty applies. Special CDs renew into Regular CDs at current rates. Terms under 12 months use simple interest; 12+ months use monthly compounding.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 5 monthsSimple interest credited monthly. Early withdrawal penalty is 2% of principal | 4.00% | $165 |
| 6 monthsSimple interest credited monthly. Early withdrawal penalty is 2% of principal | 3.50% | $173 |
| 7 monthsSimple interest credited monthly. Early withdrawal penalty is 2% of principal | 4.00% | $231 |
| 9 monthsSimple interest credited monthly. Early withdrawal penalty is 2% of principal. One account per customer | 4.21% | $314 |
| 12 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of principal | 4.00% | $400 |
| 15 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of principal. One account per customer | 4.25% | $534 |
| 18 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of principal. One account per customer | 4.36% | $661 |
| 24 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of principal | 3.50% | $712 |
| 30 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of principal | 2.00% | $508 |
| 36 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of principal | 2.00% | $612 |
| 48 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of principal | 2.25% | $931 |
| 60 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of principal | 2.25% | $1,177 |
Regular CDs
Up to 2.76%APY · 9 terms
Personal accounts only. Early withdrawal penalty applies. Automatic renewal at maturity.
| Term | APY · $500 and up | APY · $2,500 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|
| 3 monthsSimple interest (not compounded), credited at maturity or paid monthly. Early withdrawal penalty is 2% of withdrawn principal | — | 0.05% | 0.05% | $1 |
| 6 monthsSimple interest (not compounded), credited at maturity or paid monthly. Early withdrawal penalty is 2% of withdrawn principal | — | 2.76% | 2.76% | $137 |
| 12 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of withdrawn principal | 2.76% | — | 2.76% | $276 |
| 18 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of withdrawn principal | 2.25% | — | 2.25% | $339 |
| 24 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of withdrawn principal | 2.25% | — | 2.25% | $455 |
| 30 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of withdrawn principal | 0.35% | — | 0.35% | $88 |
| 36 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of withdrawn principal | 0.35% | — | 0.35% | $105 |
| 42 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of withdrawn principal | 0.50% | — | 0.50% | $176 |
| 60 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of withdrawn principal | 0.50% | — | 0.50% | $253 |
Special-purpose accounts
Special IRA CDs
Up to 4.36%APY · 12 terms
Personal retirement accounts (Traditional, Roth, SEP, SIMPLE). Maximum deposit is $500,000. Early withdrawal penalty applies. Special IRA CDs renew into Regular IRA CDs at current rates. Terms under 12 months use simple interest; 12+ months use monthly compounding.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 5 monthsSimple interest credited monthly. Early withdrawal penalty is 2% of principal | 4.00% | $165 |
| 6 monthsSimple interest credited monthly. Early withdrawal penalty is 2% of principal | 3.50% | $173 |
| 7 monthsSimple interest credited monthly. Early withdrawal penalty is 2% of principal | 4.00% | $231 |
| 9 monthsSimple interest credited monthly. Early withdrawal penalty is 2% of principal. One account per customer | 4.21% | $314 |
| 12 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of principal | 4.00% | $400 |
| 15 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of principal. One account per customer | 4.25% | $534 |
| 18 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of principal. One account per customer | 4.36% | $661 |
| 24 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of principal | 3.50% | $712 |
| 30 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of principal | 2.00% | $508 |
| 36 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of principal | 2.00% | $612 |
| 48 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of principal | 2.25% | $931 |
| 60 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of principal | 2.25% | $1,177 |
Regular IRA CDs
Up to 2.76%APY · 9 terms
Personal retirement accounts (Traditional, Roth, SEP, SIMPLE). Early withdrawal penalty applies. Automatic renewal at maturity.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 monthsSimple interest (not compounded), credited monthly. Early withdrawal penalty is 2% of withdrawn principal | 0.05% | $1 |
| 6 monthsSimple interest (not compounded), credited monthly. Early withdrawal penalty is 2% of withdrawn principal | 2.76% | $137 |
| 12 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of withdrawn principal | 2.76% | $276 |
| 18 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of withdrawn principal | 2.25% | $339 |
| 24 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of withdrawn principal | 2.25% | $455 |
| 30 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of withdrawn principal | 0.35% | $88 |
| 36 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of withdrawn principal | 0.35% | $105 |
| 42 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of withdrawn principal | 0.50% | $176 |
| 60 monthsInterest compounded and credited monthly. Early withdrawal penalty is 4% of withdrawn principal | 0.50% | $253 |
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.