Massachusetts Residents Can Cash in on Great Savings Rates from Local Bank, According to Go Banking Rates

As a leading aggregator of national and local interest rates, www.GoBankingRates.com provides ongoing updates on the best rates available. Its latest report highlights a savings account rate offered by a local Massachusetts bank.

BOSTON, MA, January 10, 2013 – Go Banking Rates is featuring the Salem Five Direct for its high savings account rate of 1.25% APY. This is one of the better savings account rates Massachusetts consumers are likely to find.

The eOneSavings account Salem Five Direct is unique in that it offers one of the best savings account rates among rival savings products. The advertised APY is offered for balances of up to $500,000 and is insured with a combination of coverage from the FDIC and DIF. Individuals interested in opening the account can apply online.

Salem Five Direct is an online division of Salem Five Cents Savings Bank, which has over 150 years of banking experience. Salem Five Direct is unique because it allows customers to find exceptional bank product offerings developed exclusively for individuals who conduct business on the internet.

Along with savings accounts, the bank offers checking and CD options. Salem Five locations can be found throughout the Boston, Mass. area.

For more information about Salem Five Direct and other local financial institutions in the state, visit www.MassachusettsBankingRates.com.

To learn more about this rate, please click here.

Other Terms and Conditions may apply. Interest rates are based on the institution’s online published rates and may have changed since this offer was posted. Additionally, Go Banking Rates manually collects interest rates from local institutions to determine the most competitive offers in the area – featured banks and credit unions do not pay to be featured in rate alerts. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.

About Go Banking Rates

GoBankingRates.com is a national personal finance website dedicated to connecting readers with the best interest rates on bank products nationwide. The Go Banking Rates team manually collects interest rate information from over 4,000 banks and credit unions, making their database the only source of comprehensive and authentic local rate data.

GoBankingRates.com is the national flagship site within a network of more than 1,500 banking domains, including local partner site MassachusettsBankingRates.com, which generate more than 2 million visits each month. Massachusetts Banking Rates is a locally-focused website dedicated to connecting Massachusetts readers with the best interest rates in the state on Certificates of Deposits, Savings Accounts, Auto Loans, Mortgages and more.

For questions or comments, please contact:

Jaime Catmull, Director of Public Relations
www.GoBankingRates.com | www.MassachusettsBankingRates.com
JaimeC@GoBankingRates.com
310.297.9233 x261