Compare Bank & Credit Union Rates
Best savings rates in Salem, VA
Compare published savings yields, money market accounts included, with minimums, requirements, collection dates and original sources.
Top savings rates
Showing 16–30 results in Salem, VA
- 0.10%APY$10 a year on $10,000
Requirements
Product: Maintain a $300 daily balance or receive at least one Round Up Savings transfer credit each month (enrollment required) to avoid a $5 monthly maintenance fee.
Offer: $5 monthly maintenance fee waived with a $300 daily balance or at least one Round Up Savings transfer credit each month. $25 minimum opening deposit.
0.10% interest rate · $5 monthly fee · Effective Oct 16, 2026
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Offer: $25 minimum opening deposit.
0.10% interest rate · Effective Oct 16, 2026
Rate checked
More details - SalemVA Credit UnionRegular Shares (Savings)Savings · $5 min · 0.05%–0.10% by balance
Credit union · 2 branches
0.10%APY$10 a year on $10,000Requirements
Product: Membership share in the Credit Union requires a $5 minimum deposit, which remains on deposit while a member.
0.05% interest rate · No monthly fee · Effective Oct 1, 2026
Rate by balance
Rate by balance for Regular Shares (Savings) Balance APY Up to $5,000 0.05% Over $5,000Your amount 0.10% Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Exclusively available online. No monthly service charge. Interest compounded daily and credited monthly.
Offer: Minimum opening balance of $50 in new funds to First Citizens, maximum of $1,000,000, required to receive advertised APY. Variable rate subject to change. First two withdrawals or transfers per month are free, then $3 each.
Compounded daily · Balance cap $1,000,000 · No monthly fee
Rate checked
More details - 0.10%APY$10 a year on $10,000
Requirements
Product: Membership eligibility and credit qualification requirements may apply. Minimum $5 to establish and maintain membership. No monthly service charges. Average daily balance of $100.00 required for dividend. Dividend calculated and paid monthly.
Offer: $100 Minimum Balance to Earn Dividends. Average daily balance of $100.00 required for dividend. Dividend calculated and paid monthly.
0.10% interest rate · No monthly fee · Effective Jun 1, 2026
Rate checked
More details - Kemba Roanoke FCUMoney Market Savings AccountMoney Market Savings Account · $2,500 min · 0.10%–0.30% by balance
Credit union · 1 branch
0.10%APY$10 a year on $10,000Requirements
Product: Requires credit union membership including purchase and maintenance of minimum required membership share. Minimum balance to open and maintain account is $2,500.00.
Offer: Tier 1 ($2,500 - $49,999). Minimum balance to avoid service fee is $2,500. Dividends compounded and credited monthly.
Rate by balance
Rate by balance for Money Market Savings Account Balance APY $2,500 – $49,999Your amount 0.10% $50,000 – $99,999 0.20% $100,000 and up 0.30% Rate checked
More details - 0.05%APY$5 a year on $10,000with conditions
Requirements
Product: Savings with check-writing capability. $12 monthly service fee can be avoided with a $3,500 minimum daily balance each fee period. Relationship rates require linking to an eligible checking account (such as Prime Checking or Premier Checking).
Offer: Relationship rate; requires linking to a Premier Checking account. $12 monthly service fee avoided with $3,500 minimum daily balance.
Qualified rate · 0.05% interest rate · $12 monthly fee · Effective Oct 10, 2026
Rate by balance
Rate by balance for Wells Fargo Platinum Savings Balance APY Any balanceYour amount 0.05% $25,000 and upPromotional rate accurate as of 2026-10-07 for new Platinum Savings accounts for customers who do not have an existing Wells Fargo consumer savings account (or ownership in past 30 days). $12 monthly fee avoided with $3,500 minimum daily balance. 3.25% Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: Establishes credit union membership share. Dividends computed using the daily balance method. Acts as overdraft protection for checking accounts.
Offer: Minimum $150 balance required to earn APY. Minimum $5 to establish membership share and open account. Variable rate subject to change after opening.
0.05% interest rate · Effective Oct 1, 2026
Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: Club savings account. Dividends paid from current income and available earnings.
Offer: Minimum $150 balance required to earn APY.
0.05% interest rate · Effective Oct 1, 2026
Rate checked
More details - First Citizens BankMoney Market AccountMoney Market Account · $500 min · 0.05%–0.15% by balance
Bank · 1 branch
0.05%APY$5 a year on $10,000Requirements
Product: Interest rates for money market savings accounts may vary depending on your area.
Offer: Maintain a $1,000 daily balance to avoid a $10 maintenance fee.
$10 monthly fee
Rate by balance
Rate by balance for Money Market Account Balance APY Up to $999 0.05% $1,000 – $9,999 0.05% $10,000 – $24,999Your amount 0.05% $25,000 – $49,999 0.07% $50,000 – $99,999 0.07% $100,000 – $499,999 0.10% $500,000 and up 0.15% Rate checked
More details - 0.05%APY$5 a year on $10,000
Requirements
Product: Automatically provided upon joining KEMBA. No minimum balance required to maintain account.
Offer: Dividends compounded and credited monthly. Minimum deposit required to earn dividends varies.
Rate checked
More details - 0.03%APY$3 a year on $10,000
Requirements
Offer: Low monthly service charge if $100 minimum balance is not maintained. Fees could reduce earnings.
Effective Sep 22, 2025
Rate checked
More details - 0.02%APY$2 a year on $10,000with conditions
Requirements
Product: Savings with check-writing capability. $12 monthly service fee can be avoided with a $3,500 minimum daily balance each fee period. Relationship rates require linking to an eligible checking account (such as Prime Checking or Premier Checking).
Offer: Relationship rate; requires linking to a Prime Checking account. $12 monthly service fee avoided with $3,500 minimum daily balance.
Qualified rate · 0.02% interest rate · $12 monthly fee · Effective Oct 10, 2026
Rate checked
More details - 0.01%APY$1 a year on $10,000
Requirements
Product: Standard savings account. $5 monthly service fee can be avoided with $300 minimum daily balance, 1 automatic transfer of $25+ each fee period from linked Wells Fargo checking, 1 automatic transfer of $1+ each business day from linked checking, 1+ Save As You Go transfers from linked checking, or if the primary account owner is 24 years old or under.
Offer: Standard rate. Fee waived with $300 minimum daily balance, 1 automatic transfer of $25+ per fee period, 1 daily automatic transfer of $1+ each business day, 1+ Save As You Go transfer, or primary owner age 24 or under.
0.01% interest rate · $5 monthly fee · Effective Oct 10, 2026
Rate checked
More details - 0.01%APY$1 a year on $10,000with conditions
Requirements
Product: Savings with check-writing capability. $12 monthly service fee can be avoided with a $3,500 minimum daily balance each fee period. Relationship rates require linking to an eligible checking account (such as Prime Checking or Premier Checking).
Offer: Standard rate. $12 monthly service fee avoided with $3,500 minimum daily balance.
Qualified rate · 0.01% interest rate · $12 monthly fee · Effective Oct 10, 2026
Rate checked
More details
Carrot Score rates each institution on all its CD, savings, auto loan and credit card rates, not just the account shown. How we rank
What savings accounts pay in Salem, VA
38 accounts at 15 banks and credit unions · checked Oct 15–22
- Typical
- 0.10%
- Top 10% from
- 1.08%
- Banks, typical
- 0.10%
- Credit unions, typical
- 0.10%
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Roanoke, VA metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Beacon Credit UnionCredit union · 2 branches
- Blue Eagle Credit UnionCredit union · 4 branches
- SalemVA Credit UnionCredit union · 3 branches