Bank · FDIC insured
The Bank of Salem Savings Rates
The Bank of Salem’s best savings rate is 0.30% APY on $10,000, with its Money Market Account. Rates checked October 16, 2026.
How The Bank of Salem’s savings rates compare
Compared with banks and credit unions in Missouri, where The Bank of Salem has the most branches. $10,000, best rate first.
This bank’s best
The Bank of Salem
0.30%APY
- Minimum
- $2,500
- Earns on $10,000 a year
- $30
Money Market Account
Top rate
JM Associates FCU
5.12%APY
- Minimum
- —
- Earns on $10,000 a year
- $512
2nd-highest rate
Metro Credit Union
5.09%APY
- Minimum
- —
- Earns on $10,000 a year
- $509
The Bank of Salem savings score
73
Savings score
Higher than 33% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0000.30%
- $100,000 balance$100,0000.50%
- QualifiedQualified0.30%
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 The Bank of Salem 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.
Money Market Account
0.30%APY
Tiered interest based on minimum daily balance. Maintain a minimum daily balance of $2,500.00 or more to avoid a $10.00 monthly fee. Interest is paid monthly to depositors who maintain an average balance of $2,500.00 or more during the month.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $2,500 – $10,000Maintain a minimum daily balance of $2,500.00 or more to avoid a $10.00 monthly fee. Interest paid monthly to depositors who have maintained an average balance of $2,500.00 or more during the month. | 0.20% | — | Maintain a minimum daily balance of $2,500.00 or more to avoid a $10.00 monthly fee. Interest paid monthly to depositors who have maintained an average balance of $2,500.00 or more during the month. |
| $10,000 – $50,000Maintain a minimum daily balance of $2,500.00 or more to avoid a $10.00 monthly fee. Interest paid monthly to depositors who have maintained an average balance of $2,500.00 or more during the month. | 0.30% | $30 | Maintain a minimum daily balance of $2,500.00 or more to avoid a $10.00 monthly fee. Interest paid monthly to depositors who have maintained an average balance of $2,500.00 or more during the month. |
| $50,000 – $100,000Maintain a minimum daily balance of $2,500.00 or more to avoid a $10.00 monthly fee. Interest paid monthly to depositors who have maintained an average balance of $2,500.00 or more during the month. | 0.40% | — | Maintain a minimum daily balance of $2,500.00 or more to avoid a $10.00 monthly fee. Interest paid monthly to depositors who have maintained an average balance of $2,500.00 or more during the month. |
| $100,000 and upMaintain a minimum daily balance of $2,500.00 or more to avoid a $10.00 monthly fee. Interest paid monthly to depositors who have maintained an average balance of $2,500.00 or more during the month. | 0.50% | — | Maintain a minimum daily balance of $2,500.00 or more to avoid a $10.00 monthly fee. Interest paid monthly to depositors who have maintained an average balance of $2,500.00 or more during the month. |
Sources (2)
All captured Sep 17, 2026
Basic Savings
0.05%APY
Maintain $100.00 or more daily balance to avoid a $5.00 quarterly fee. Interest paid quarterly to depositors who maintain an average balance of $100.00 or more during the quarter.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceMaintain $100.00 or more daily balance to avoid a $5.00 quarterly fee. Interest paid quarterly to depositors who maintain an average balance of $100.00 or more during the quarter.Any balance | 0.05% | $5 | Maintain $100.00 or more daily balance to avoid a $5.00 quarterly fee. Interest paid quarterly to depositors who maintain an average balance of $100.00 or more during the quarter. |
Sources (2)
All captured Sep 17, 2026
Special-purpose accounts
Health Savings Account
0.50%APY
Must be enrolled in a High Deductible Health Plan (HDHP). No maintenance fees or service charges. Interest paid monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceMust be enrolled in a High Deductible Health Plan (HDHP). No maintenance fees or service charges. Interest paid monthly.Any balance | 0.50% | $50 | Must be enrolled in a High Deductible Health Plan (HDHP). No maintenance fees or service charges. Interest paid monthly. |
Sources (2)
All captured Sep 17, 2026
Exempt Basic Savings
0.05%APY
Available to senior citizens (62+), minors (18 & younger), full-time students, fiduciaries, non-profit organizations and governmental units. Exempt from maintenance fee and minimum daily balance requirement. Interest paid regardless of monthly average balance.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceAvailable to senior citizens (62+), minors (18 & younger), full-time students, fiduciaries, non-profit organizations and governmental units. Exempt from maintenance fee and minimum daily balance requirement. Interest paid regardless of monthly average balance.Any balance | 0.05% | $5 | Available to senior citizens (62+), minors (18 & younger), full-time students, fiduciaries, non-profit organizations and governmental units. Exempt from maintenance fee and minimum daily balance requirement. Interest paid regardless of monthly average balance. |
Sources (2)
All captured Sep 17, 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.