A SPECIAL CD
THAT WORKS FOR YOU. 
Take Advantage of Our Limited-Time 5-Month CD Special Offer!
Lock in a higher rate of return with our exclusive 5‑month Special Certificate of Deposit—available for a limited time only. CDs are a smart, simple way to grow your savings with a guaranteed rate for a fixed period, all while enjoying the peace of mind that comes with FDIC‑insured funds (up to allowable limits). This offer is ideal for money you won’t need to access right away, giving you the opportunity to earn more without the market risk.
CD Special
4.10%APY2
5-month CD
About Salem Five Direct
Salem Five Direct is an online division of Salem Five, an innovative bank located in Salem, Massachusetts with over 160 years of banking experience. At Salem Five Direct you will find unique products not available through the Salem Five branch network and therefore will change from time to time.
The Salem Five Direct mission is to offer exceptional value to our direct banking customers through exclusive product features at highly competitive rates.
Deposits insured by the Federal Deposit Insurance Corporation (FDIC).
1 A penalty will be imposed for premature withdrawal from Certificates of Deposit (CDs). Personal accounts only. Rates stated are accurate as of today. Fees may reduce earnings. Maximum deposit amount is $500,000 for Special CDs.