Salem Five Savings Bank Paying 1.50% APY on 24 Month CDs

Customers of Salem Five Savings Bank can now earn 1.50% APY on its 24 month CD. The bank recently dropped its rates; nevertheless, this is still one of the best deals in the country for this term.

Melrose Credit Union is paying 1.66% APY for the same period. With this rate, the credit union is a step above Salem Five Savings Bank.