Rates updated September 16, 2026 · 72 banks tracked

Salem Five Direct CD rates: 4.30% APY best term

Q: Is Salem Five Direct's CD rate good?

Salem Five Direct's best CD rate of 4.30% ranks in the top quartile of the 72 banks SwitchWize tracks CD rates for. The best available CD rate tracked is 4.45%; the FDIC national savings average is 0.38%.

Q: Which banks pay more than Salem Five Direct on CDs?

Higher-paying tracked options include barclays (4.35%), bread (4.35%), and etrade (4.35%).

Salem Five Direct’s best tracked CD pays 4.30% across 5 terms — ranking in the top quartile of the 72 banks SwitchWize tracks CD rates for, where the best available rate is 4.45%. (Updated September 16, 2026.)

Salem Five Direct CD rates by term

Term	APY
1 year	4.00%
18 months	4.30%Best
2 years	3.50%
3 years	2.00%
5 years	2.25%

Is Salem Five Direct a good CD rate? Not really. At 4.30% its best CD trails the 4.45% best available tracked rate, leaving about $38 a year on the table on a $25,000 deposit.

The gap, in your dollars

At 4.30%, $25,000 earns $1,075/yr here versus $1,113/yr at the field leader — a $38/yr difference.

See your exact number →

Higher-paying CD alternatives we track

barclaysView rates →breadView rates →etradeView rates →

Rates subject to change. Verify before opening a CD.

Is it safe to switch? Any FDIC-insured bank carries the same federal deposit protection — the same coverage big banks carry. Verify Salem Five Direct and alternatives →

Frequently asked questions

What is Salem Five Direct's best CD rate?▾

Salem Five Direct's best tracked CD rate is 4.30% APY as of September 16, 2026, across 5 terms SwitchWize tracks for this bank.

Is Salem Five Direct's CD rate good?▾

Salem Five Direct's best CD rate ranks in the top quartile of tracked banks. The best available tracked rate is 4.45% and the FDIC national savings average is 0.38%.

Which banks pay more than Salem Five Direct on CDs?▾

Higher-paying tracked options include barclays, bread, etrade. Compare rates at /cds to find the best current option.

← Salem Five Direct savings rate All tracked banks Compare CD rates

General information only. Rates change frequently; verify directly with the institution before making financial decisions. SwitchWize is not a bank and does not provide financial advice.