1.60% APY – 30 Month Rate at Salem Five – Best CD Rate Deal
Salem Five just increased CD rates on all of the bank's certificates of deposit. It's interesting that Salem Five increased rates the day before the Federal Reserve might increase the federal funds rate. The best deal is now on the bank's 30 month certificate of deposit.
The 30 month CD rate was increased from 0.65 percent with an APY of 0.65 percent to 1.59 percent with an APY of 1.60 percent. Salem Five's highest rate is 2.10 percent APY on the bank's 5 year certificate of deposit. Listed below are Salem Five Bank's current CD rates.
CD Rates at Salem Five
|Bank||Product||Rate (new / old)||Yield (new / old)|
|Salem Five||1 yr CD||1 / 0.80||1 / 0.80|
|Salem Five||2.5 yr CD||1.59 / 0.65||1.60 / 0.65|
|Salem Five||3 yr CD||1.34 / 1.09||1.35 / 1.10|
|Salem Five||5 yr CD||2.08 / 1.98||2.10 / 2.00|
|Salem Five||5 yr IRA CD||2.08 / 1.98||2.1 / 2.00|
|Salem Five||18 month IRA CD||1.09 / 1.00||1.10/ 1.00|
|Salem Five||18 month CD||1.09 / 1.00||1.10 / 1.00|
|Salem Five||4 yr CD||1.98 / 1.00||2.00/1.00|
|Salem Five||4 yr IRA CD||1.98 / 1.00||2.00/1.00|
See all current bank CD rates by using our rate list at RatesORama.com