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1.60% APY – 30 Month Rate at Salem Five – Best CD Rate Deal
 

1.60% APY – 30 Month Rate at Salem Five – Best CD Rate Deal

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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


BankProductRate (new / old)Yield (new / old)
Salem Five1 yr CD1 / 0.801 / 0.80
Salem Five2.5 yr CD1.59 / 0.651.60 / 0.65
Salem Five3 yr CD1.34 / 1.091.35 / 1.10
Salem Five5 yr CD2.08 / 1.982.10 / 2.00
Salem Five5 yr IRA CD2.08 / 1.982.1 / 2.00
Salem Five18 month IRA CD1.09 / 1.001.10/ 1.00
Salem Five18 month CD1.09 / 1.001.10 / 1.00
Salem Five4 yr CD1.98 / 1.002.00/1.00
Salem Five4 yr IRA CD1.98 / 1.002.00/1.00


See all current bank CD rates by using our rate list at RatesORama.com
Author: Brian McKay
September 17th, 2015