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

24 month cd promo rate of 3.25% APY
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, 12-month CD, 9-month CD, and 6-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

3.25% APY*

CD Special

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18-month

3.00% APY*

CD Special

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12-month

2.50% APY*

CD Special

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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 11/22/2022 and subject to change. Maximum deposit amount is $500,000. Fees may reduce earnings. Personal accounts only.