The Financial Independence Retire Early (FIRE) method is a lifestyle movement designed to help individuals achieve early retirement through disciplined saving ...
Gold Star Money Market

2.90% APY*
Have Your Money Work Harder For You
A Gold Star Money Market is a simple way to save smart. Earn a great rate while retaining flexibility for your funds. You’ll also appreciate our renowned customer service, cutting-edge technology, and zero monthly fees.
Helpful Calculators
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The Benefits of Compounding
Want to see how your savings can grow over time? Our APY Interest Calculator lets you compare how different compounding methods—daily, monthly, quarterly, or annually—affect your annual percentage yield (APY). Just enter your deposit amount, interest rate, and compounding frequency to estimate your earnings.
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The Impact of Saving More
Discover how increasing your savings can significantly boost your financial future. Our calculator shows the power of saving more regularly. Just enter your current savings information, saving assumptions, and the calculator will estimate how it could grow.
Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving salemfive.com and be taken to another website where the privacy and security policies may differ from our site.Salem Five Bank provides third party links for your convenience. Salem Five Bank is not responsible for the products, services, content, privacy policy, and security policy on third party websites.Learn more about Salem Five's Savings Accounts -
Save Towards a Goal
Saving for something big? Whether it’s a wedding, vacation, a new car, or a down payment on a home, our Savings Goal Calculator helps you figure out how much to set aside each month. Just enter your goal amount, timeline, and savings information, and the calculator will show you what it takes to reach your target.
Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving salemfive.com and be taken to another website where the privacy and security policies may differ from our site.Salem Five Bank provides third party links for your convenience. Salem Five Bank is not responsible for the products, services, content, privacy policy, and security policy on third party websites.Get Started with a Salem Five Savings Account
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Individual retirement accounts, or IRAs, are popular tax-deferred, long-term investments that offer financial security during retirement ...
*The Annual Percentage Yield (APY) is accurate as of today. 2.90% APY earned for balances $50,000 or more; 0.10% APY earned for balance $0.01 - $49,999.99. Rate may change after account is opened. Fees may reduce earnings. Personal accounts only. Minimum deposit to open is $10. Offer available for funds not currently on deposit. Maximum deposit limit is $1,000,000 per account and one account per customer.