Bank · FDIC insured
Salem Five Direct
Top CarrotPart of Salem Five Bank, a $8.8B bank, the 181st largest of 4,188, headquartered in Salem, MA. It opens accounts online nationwide. Best rates: CDs 4.36% and savings 3.66% APY.
Salem Five Direct Carrot Score
Carrot ScoreTop Carrot
Higher than 96% of U.S. banks and credit unions
#12 of 27 nationwide online banksHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor. Deposits at Salem Five Bank count toward the same limit.
About Salem Five Direct
- Part of
- Salem Five Bank
- Headquarters
- 71 Washington St, Salem, MA 01970
- FDIC certificate
- 23296 ↗
Branches
Branches
No public branch offices are listed in the regulator directory.
Walk-in offices from the FDIC directory as of October 23, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.