CHOOSE THE CD
THAT WORKS FOR YOU. Yellow down arrow pointing to CD choices

Introducing three promotional Certificate of Deposit (CD) offers with very competitive rates. Choose the savings term that works for you:  24-month CD, 18-month CD or 12-month CD

Easily open where it's convenient for you:
1. Visit the Salem Five branch near you
2. Or, open online below

 

CDs can be a smart, easy financial tool to earn higher interest rates for a fixed amount of time -- with the security of having your funds insured up to allowable limits. These funds should be funds that you don’t need access to for a period of time. For more information on CDs and to determine if it’s the right tool for you, read this article.

24-month

3.00% APY*

CD Special

Open Now

18-month

2.75% APY*

CD Special

Open Now

12-month

2.00% APY*

CD Special

Open Now

1 Minimum balance to open a Special CD and obtain the Annual Percentage Yield (APY) is $10,000. Substantial penalty for early withdrawal. APY is current as of 8/30/2022 and subject to change. Maximum deposit amount is $500,000. Fees may reduce earnings. Personal accounts only.