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Check out today's Deposit Interest Rates & Fees.
Personal Certificate of Deposit rates are also available for Business CDs.
CHECKING DEPOSIT RATES | INTEREST RATE | ANNUAL PERCENTAGE YIELD (APY) | MINIMUM BALANCE TO OPEN | MINIMUM DAILY BALANCE TO OBTAIN APY |
|---|---|---|---|---|
CHECKING DEPOSIT RATES Partnership Checking | INTEREST
RATE .05% .10% .10% .15% .20% | ANNUAL
PERCENTAGE
YIELD (APY) .05% .10% .10% .15% .20% | MINIMUM
BALANCE
TO OPEN $10 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 $10,000 $25,000 $50,000 $100,000 |
CHECKING DEPOSIT RATES Totally Free Checking | INTEREST
RATE none | ANNUAL
PERCENTAGE
YIELD (APY) none | MINIMUM
BALANCE
TO OPEN $10 | MINIMUM DAILY
BALANCE TO
OBTAIN APY n/a |
CHECKING DEPOSIT RATES Senior Advantage Checking | INTEREST
RATE .05% | ANNUAL
PERCENTAGE
YIELD (APY) .05% | MINIMUM
BALANCE
TO OPEN $10 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $1 |
CHECKING DEPOSIT RATES Interest Checking | INTEREST
RATE .05% | ANNUAL
PERCENTAGE
YIELD (APY) .05% | MINIMUM
BALANCE
TO OPEN $10 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $500 |
SAVINGS DEPOSIT RATES | INTEREST RATE | ANNUAL PERCENTAGE YIELD (APY) | MINIMUM BALANCE TO OPEN | MINIMUM DAILY BALANCE TO OBTAIN APY |
|---|---|---|---|---|
SAVINGS DEPOSIT RATES Partnership Savings | INTEREST RATE .10% .15% .50% .60% 1.09% 1.19% 1.49% | ANNUAL PERCENTAGE YIELD (APY) .10% .15% .50% .60% 1.10% 1.20% 1.50% | MINIMUM BALANCE TO OPEN $10 | MINIMUM DAILY BALANCE TO OBTAIN APY $.01 $10,000 $25,000 $50,000 $100,000 $250,000 $500,000 |
SAVINGS DEPOSIT RATES Statement Savings | INTEREST RATE .10% | ANNUAL PERCENTAGE YIELD (APY) .10% | MINIMUM BALANCE TO OPEN $10 | MINIMUM DAILY BALANCE TO OBTAIN APY $1 |
SAVINGS DEPOSIT RATES Club Accounts | INTEREST RATE .05% | ANNUAL PERCENTAGE YIELD (APY) .05% | MINIMUM BALANCE TO OPEN $10 | MINIMUM DAILY BALANCE TO OBTAIN APY $100 |
CD DEPOSIT RATES | INTEREST RATE | ANNUAL PERCENTAGE YIELD (APY) | MINIMUM BALANCE TO OPEN | MINIMUM DAILY BALANCE TO OBTAIN APY |
|---|---|---|---|---|
CD DEPOSIT RATES 6 months | INTEREST
RATE 2.00% | ANNUAL
PERCENTAGE
YIELD (APY) 2.02% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
CD DEPOSIT RATES 7 months | INTEREST
RATE 4.02% | ANNUAL
PERCENTAGE
YIELD (APY) 4.10% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
CD DEPOSIT RATES 11 months | INTEREST
RATE 3.93% | ANNUAL
PERCENTAGE
YIELD (APY) 4.00% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
CD DEPOSIT RATES 12 months | INTEREST
RATE 2.00% | ANNUAL
PERCENTAGE
YIELD (APY) 2.02% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
CD DEPOSIT RATES 17 months | INTEREST
RATE 3.83% | ANNUAL
PERCENTAGE
YIELD (APY) 3.90% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
CD DEPOSIT RATES 18 months | INTEREST
RATE 3.01% | ANNUAL
PERCENTAGE
YIELD (APY) 3.05% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
CD DEPOSIT RATES 24 months | INTEREST
RATE 2.31% | ANNUAL
PERCENTAGE
YIELD (APY) 2.33% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
CD DEPOSIT RATES 30 months | INTEREST
RATE 2.31% | ANNUAL
PERCENTAGE
YIELD (APY) 2.33% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
CD DEPOSIT RATES 36 months | INTEREST
RATE 2.31% | ANNUAL
PERCENTAGE
YIELD (APY) 2.33% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
CD DEPOSIT RATES 48 months | INTEREST
RATE 2.31% | ANNUAL
PERCENTAGE
YIELD (APY) 2.33% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
CD DEPOSIT RATES 60 months | INTEREST
RATE 2.31% | ANNUAL
PERCENTAGE
YIELD (APY) 2.33% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
IRA DEPOSIT RATES | INTEREST RATE | ANNUAL PERCENTAGE YIELD (APY) | MINIMUM BALANCE TO OPEN | MINIMUM DAILY BALANCE TO OBTAIN APY |
|---|---|---|---|---|
IRA DEPOSIT RATES 7 months | INTEREST
RATE 4.02% | ANNUAL
PERCENTAGE
YIELD (APY) 4.10% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
IRA DEPOSIT RATES 11 months | INTEREST
RATE 3.93% | ANNUAL
PERCENTAGE
YIELD (APY) 4.00% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
IRA DEPOSIT RATES 12 months | INTEREST
RATE 2.00% | ANNUAL
PERCENTAGE
YIELD (APY) 2.02% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
IRA DEPOSIT RATES 17 months | INTEREST
RATE 3.83% | ANNUAL
PERCENTAGE
YIELD (APY) 3.90% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
IRA DEPOSIT RATES 18 months | INTEREST
RATE 3.01% | ANNUAL
PERCENTAGE
YIELD (APY) 3.05% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
IRA DEPOSIT RATES 24 months | INTEREST
RATE 2.31% | ANNUAL
PERCENTAGE
YIELD (APY) 2.33% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
IRA DEPOSIT RATES 30 months | INTEREST
RATE 2.31% | ANNUAL
PERCENTAGE
YIELD (APY) 2.33% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
IRA DEPOSIT RATES 36 months | INTEREST
RATE 2.31% | ANNUAL
PERCENTAGE
YIELD (APY) 2.33% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
IRA DEPOSIT RATES 48 months | INTEREST
RATE 2.31% | ANNUAL
PERCENTAGE
YIELD (APY) 2.33% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
IRA DEPOSIT RATES 60 months | INTEREST
RATE 2.31% | ANNUAL
PERCENTAGE
YIELD (APY) 2.33% | MINIMUM
BALANCE
TO OPEN $500 | MINIMUM DAILY
BALANCE TO
OBTAIN APY $.01 |
1 All interest rates are subject to change without notice. Rates may change after the account is opened. Account fees may reduce earnings. Interest is compounded monthly except for club accounts (compounded quarterly). Penalty will be assessed for early withdrawal from certificates of deposits and individual retirement accounts.
2 Salem Co-operative Bank does not provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
ITEM | COST |
|---|---|
ITEM Check Printing | COST Cost Varies 4 |
ITEM Personal Money Order | COST $3.00 |
ITEM Treasurer's Check | COST $5.00 |
ITEM Temporary Checks | COST $3.00 for ten |
ITEM Deposited check or other item returned unpaid | COST $12.00 |
ITEM ATM/debit card replacement fee | COST $15.00 |
ITEM International fee - debit card | COST .2% |
ITEM Insufficient funds including ACH preauthorized withdrawals | COST $25.00/presentment Overdraft fee may be imposed for transactions by check, in-person
withdrawals,
ATM/Debit withdrawals or by any electronic means |
ITEM Automatic transfer fee to cover overdraft | COST $3.00 |
ITEM Account Research | COST $25.00/hour |
ITEM Stop Payment | COST $25.00 |
ITEM Inactivity Fee | COST $1.00/month |
ITEM Dormant Fee | COST $1.00/month |
ITEM Account closed within six months of opening | COST $5.00 |
ITEM IRA Trustee Transfer | COST $25.00 |
ITEM Notice of levy or other legal process | COST $50.00 |
ITEM Photocopies | COST $0.50/page |
ITEM Excess debit transfer withdrawal fee
(max. $40.00 per month) | COST $10.00 Temporary suspension of Excess Transactions from Savings Accounts and the fees associated with them until further notice: To deal with the pressures of the adverse financial impacts of the coronavirus, the regulation now allows unlimited transfers from your savings accounts, including electronic transfers. |
ITEM Foreign item collection fee | COST Domestic Outgoing
$15.00 Foreign Outgoing $25.00 |
ITEM Safe Deposit | COST 3x5 $40.00 5x5 $50.00 3x10 $60.00 5x10 $80.00 10x10 $100.00 Lost Key $20.00 Drilling Charge $125.00 |
ITEM Wire Transfer | COST Domestic Incoming
$15.00 Domestic Outgoing $25.00 Foreign Incoming $20.00 Foreign Outgoing $50.00 |
3 Fees are subject to change.
4 Please see a Customer Service Representative for more details on fees
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