Account Rates

Take advantage of Salem Five's competitive rates
to help you meet all of your financial goals.Bankrate Top Tier Award



Special CDs | Relationship CDs | Callable CDs | CDs | Retirement CDs | Relationship CDs | Money Market | Retirement Money Market
Checking | Savings | Equity Lines | Equity Loans | Auto | Mortgage | Mortgage Requirements
Checking & Savings Combo Accounts:
Easily open combo accounts online and let the savings begin.

Star Checking & Star Savings Combo
Includes all the features of a Star Checking account while earning our best Star Savings account
interest rate. Free Worldwide ATM remibursements, Cash back debit rewards and interest
automatically swept into your Star savings account. Minimum to open: $100 each account online
or $10 each account in person.



(View Current Rates)


Star Checking & Star Money Market Combo
Includes all the features of a Star Checking account while earning our best Star Money Market
account interest rates. Minimum to open: $100 each account online or $10 each account in person.

(View Current Rates)

Gold Star Checking & Star Money Market Combo
Includes all the features of a Gold Star Checking account while earning our best Star Money Market
account interest rate. Free Salem Five InfoArmor Identify Theft Protection, Free Unlimited Worldwide
ATM remibursements. Minimum to open: $100 each account online or $10 each account in person.



(View Current Rates)


Relationship CD Combo Accounts:
Easily open combo relationship accounts online.

Star Checking & Relationship CD Combo

(View Current Rates)
Gold Star Checking & Relationship CD Combo (View Current Rates)

To receive posted (CD) Certificate of Deposit rate, application must be postmarked by: 08-25-2015





Special CDs Minimum Balance to Obtain APY Annual Percentage Yield 1 Interest Rate Apply
12 Month Special CD $10,000 1.00% 1.00%
18 Month Special CD $10,000 1.10% 1.09%
24 Month Special CD $10,000 1.25% 1.24%
36 Month Special CD $10,000 1.35% 1.34%
48 Month Special CD $10,000 2.00% 1.98%
60 Month Special CD $10,000 2.10% 2.08%
CDs Minimum Balance to Obtain APY Annual Percentage Yield 1 Interest Rate Apply
36/6 Month Callable CD $25,000 0.90% 0.90%
36 Month Callable CD $25,000 0.90% 0.90%
60 Month Callable CD $25,000 1.30% 1.29%
CDs Minimum Balance to Obtain APY Annual Percentage Yield 1 Interest Rate Apply
3 Month (91 - 181) Day CD $2,500 0.10% 0.10%
6 Month (182 - 364) Day CD $2,500 0.15% 0.15%
12 - 17 Month CD $500 0.25% 0.25%
18 - 29 Month CD $500 0.40% 0.40%
30 - 41 Month CD $500 0.65% 0.65%
42 - 59 Month CD $500 1.00% 1.00%
60 Month CD $500 1.15% 1.14%
9 Month No Penalty CD $10,000 0.20% 0.20%
Retirement CDs Minimum Balance to Obtain APY Annual Percentage Yield 1 Interest Rate Apply
3 Month (91 - 181) Day CD $500 0.10% 0.10%
6 Month (182 - 364) Day CD $500 0.15% 0.15%
12 - 17 Month CD $500 0.25% 0.25%
18 - 29 Month CD $500 0.40% 0.40%
30 - 41 Month CD $500 0.65% 0.65%
42 - 59 Month CD $500 1.00% 1.00%
60 Month CD $500 1.15% 1.14%
12 Month Special IRA $2,000 1.00% 1.00%
18 Month Special IRA $2,000 1.10% 1.09%
24 Month Special IRA $2,000 1.25% 1.24%
36 Month Special IRA $2,000 1.35% 1.34%
48 Month Special IRA $2,000 2.00% 1.98%
60 Month Special IRA $2,000 2.10% 2.08%
Money Market Accounts Annual Percentage Yield 2 Interest Rate
Online Money Market $100 minimum balance to open
$0 to less than $5,000 0.02% 0.02%
$5,000 to less than $10,000 0.02% 0.02%
$10,000 to less than $25,000 0.05% 0.05%
$25,000 to less than $50,000 0.05% 0.05%
$50,000 to less than $75,000 0.05% 0.05%
$75,000 to less than $100,000 0.05% 0.05%
$100,000 and over 0.10% 0.10%
Money Market Accounts Annual Percentage Yield 2 Interest Rate
Star Money Market Account $100 minimum balance to open
$0 to less than $5,000 0.02% 0.02%
$5,000 to less than $10,000 0.02% 0.02%
$10,000 to less than $25,000 0.05% 0.05%
$25,000 to less than $50,000 0.05% 0.05%
$50,000 to less than $75,000 0.10% 0.10%
$75,000 to less than $100,000 0.10% 0.10%
$100,000 and over 0.15% 0.15%
Money Market Accounts Annual Percentage Yield 2 Interest Rate
Advantage Money Market $2,500 minimum balance to open
$0 to less than $5,000 0.02% 0.02%
$5,000 to less than $10,000 0.02% 0.02%
$10,000 to less than $25,000 0.05% 0.05%
$25,000 to less than $50,000 0.05% 0.05%
$50,000 to less than $75,000 0.05% 0.05%
$75,000 to less than $100,000 0.05% 0.05%
$100,000 and over 0.12% 0.12%
Retirement Money Market Accounts Minimum Balance to Open Account Annual Percentage Yield 2 Interest Rate Apply
Retirement Money Market $500 0.05% 0.05%
Checking Accounts Minimum To Open Account Online Minimum To Open Account in Person Minimum Balance to Obtain APY Annual Percentage Yield 2 Interest Rate Apply
Free Checking $100 $10 $0.01 0.00% 0.00%
Star Checking $100 $10 $0.01 0.02% 0.02%
Gold Star Checking $100 $10 $0.01 0.02% 0.02%
Smart Student Checking $100 $10 $0.01 0.02% 0.02%
Savings Accounts Minimum To Open Account Online Minimum To Open Account in Person Minimum Balance to Obtain APY Annual Percentage
Yield 2
Interest Rate Apply
Gold Star Saver Not available online $10 $0.01 0.10% 0.10%
Star Savings $100 $10 $0.01 0.10% 0.10%
Statement Savings Account $100 $10 $0.01 0.05% 0.05%
Smart Student Saver $100 $10 $0.01 0.10% 0.10%
Home Equity Line of Credit Annual Percentage Rate 3 Apply
Salem Five Star Home Equity Line of Credit 1.99%/ 2.75%
Home Equity Loans Annual Percentage Rate 5 Monthly Payment per $1000 Apply
60 Months 4.49% $18.64
120 Months 4.74%6 $10.48
180 Months 5.49% $8.17
Auto Loans Term Annual Percentage Rate Payment per $1000 Apply
New 60 Months 3.74%7 $18.30
Used Up to 4 Years Old 48 Months 4.74%8 $22.91
Used 5 Years or Older 36 Months 5.74%9 $30.30
Mortgage Rates Annual Percentage Rate 10 Rate Points Payment per $1000 Apply
15-yr APR 3.2270% 2.875% 1.50 $6.85
30-yr APR 3.9329% 3.750% 1.25 $4.63

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 on Retirement CDs.  All rates are accurate as of today.

2 The rates are accurate as of today. Rates are variable and subject to change after account opening. Fees may reduce earnings on accounts. The Star Money Market requires a Star Checking or Gold Star Checking.

3 The Annual Percentage Rate (APR) for this Home Equity Line is variable based on the highest domestic Prime Rate published in The Wall Street Journal. The Prime Rate as of 8/3/15 was 3.25%. In order to qualify for the 1.99% introductory rate, you must have a minimum draw amount of $25,000 at closing and monthly periodic payments must be deducted automatically from a Salem Five checking account. Call 1.800.472.5365 for current rates. Minimum line amount is $25,000. Maximum line amount is $250,000. Loan to value not to exceed 70% of tax assessed value (up to 80% with a valid appraisal) or 60% for condominiums or townhouses (up to 70% with a valid appraisal.) Above LTV percentages assume either an existing Salem Five first mortgage loan or no existing lien on the subject property. 1- to 2- family owner-occupied residences only. Properties pledged as collateral that have been acquired through foreclosure, short sale, gift of equity or other similar type transactions will require a full appraisal. Trust review fees of up to $500 for properties held in trust. This offer is subject to change at any time without notice. $500 penalty for early termination. The annual fee of $50 is waived for Gold Star or On the Job Star Checking account holders. Consult a tax advisor regarding the tax deductibility of interest. **After initial 12 months, APR is the Prime Rate, which is currently 3.25%, minus 0.5%. The maximum possible APR is 18%. Property insurance is required, and flood insurance, if necessary. Other restrictions may apply. New lines only.

4 Valid for the first 12 months from closing date with payments required monthly from a Salem Five Star, Gold Star or On The Job Star Checking Account and a minimum draw of $25,000 required at closing.

5 Home Equity Loans minimum loan amount is $10,000. Maximum loan amount is $250,000. Loan-to-value not to exceed 70% of tax assessed value ( 80% with a valid appraisal) or 60% for condominiums or townhouses (up to 70% with a valid appraisal.) Above LTV percentages assume either an existing Salem Five first mortgage loan or no existing lien on the subject property. 1- to 2- family owner-occupied residences only. Properties pledged as collateral that have been acquired through foreclosure, short sale, gift of equity or other similar type transactions will require a full appraisal. Trust review fees of up to $500 for properties held in trust. This offer is subject to change at any time without notice. Property insurance is required which includes, as required, flood insurance. Other restrictions may apply. Actual payments may be greater as payments disclosed do not include any amounts for taxes and/or insurance premiums..

6 The Annual Percentage Rate (APR) for the 10-year fixed rate of 4.74% requires automatic payment from a Star Checking or Gold Star Checking account. If you choose not to establish this automatic payment, the APR is 4.99%, resulting in a monthly payment per $1,000 of $10.60.

7 The Annual Percentage Rate (APR) for a New Auto Loan rate of 3.74% requires automatic payment from a Star Checking or Gold Star Checking account. If you choose not to establish this automatic payment, the APR is 3.99%, resulting in a monthly payment per $1,000 of $18.41.

8 The Annual Percentage Rate (APR) for a Used Auto Loan (up to 4 years old) of 4.74% requires automatic payment from a Star Checking or Gold Star Checking account. If you choose not to establish this automatic payment, the APR is 4.99%, resulting in a monthly payment per $1,000 of $23.03.

9 The Annual Percentage Rate (APR) for a Used Auto Loan (5 years or older) of 5.74% requires automatic payment from a Star Checking or Gold Star Checking account. If you choose not to establish this automatic payment, the APR is 5.99%, resulting in a monthly payment per $1,000 of $30.42.

10 Your actual APR will be determined based on Property Type, Loan Amount, Loan to Value Ratio, Credit History or other specific loan request. The maximum loan amount varies by county. Subject to credit approval. The Annual Percentage Rate (APR) quoted is available as of September 1, 2015. Rates subject to change at any time. Offer available for owner occupied, single family properties with a combined loan to value (CLTV) up to 75% or less with a credit score(s) of 740 or greater for a lock period of 30 days for purchase and rate and term refinance loans. Hazard Insurance is required. Flood Insurance may be required. Other restrictions may apply. Actual payments may be greater as payments disclosed do not include any amounts for taxes and/or insurance premiums. All mortgage loan products offered through Salem Five Mortgage Company, LLC, NMLS #4662.