7 Month Statement CD - Special Rate 4.15% APY

7 Month Statement CD - 4.15% APY*

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Strengthen your savings.

For a limited time, we're offering a 7 Month Statement CD with 4.15% APY*.

Only a $500 minimum deposit to open and obtain APY
No monthly maintenance fees
All BankFive CDs are 100% insured with a combination of FDIC and DIF insurance
Rate remains fixed for the full term
Open at any of our branch locations, including Digital+ branches
BankFive checking account with direct deposit required to open CD
Account must be opened with new money (funds from an existing BankFive account will not be accepted)

*APY = Annual percentage yield. Promotional offer may be withdrawn at any time. Minimum deposit of $500 required to open and $500 minimum balance required to obtain APY. Up to $1,000,000 per account may be deposited for promotional rate. CD must be opened with new funds (funds from an existing BankFive account will not be accepted). A personal checking account (new or existing) must be open and have monthly direct deposit established to obtain the 7 Month Statement CD. CD must be obtained in-branch. Penalty for early withdrawal. Rate remains fixed for the full term. Account will renew into a 6 Month CD at end of term, subject to the terms and conditions of that account. Fees may reduce earnings. Rates effective 9/3/2025.

Aug 27

Renewing cd’s as walk-ins and got the best reception from Crystal and Liz. We love Bank 5. So personable and still professional. Great rates too.

Patricia Fowle

Aug 20

Working with Gina Smith made the process of opening my CD go smoothly. Gina was very professional and knowledgeable about Bank Five offerings and online banking processes.

Kevin

Jul 13

I love bank 5, all the ladies are great, no matter which branch I go to, they're wonderful

Holly

Jun 24

Simone was excellent to work with! She is professional, knowledgeable and helped me review CD roll over options. The new digital BankFive branch in Warwick is great!

Michelle Guertin

Jun 13

Bank Assistant Manager at the Somerset, Ma branch was very helpful in helping me set up a CD and made it a smooth transition.

Susan

Jun 10

The interpersonal skills with me and your representative was excellent She looks carefully and answered my questions

Pauline

Jun 04

Sara Pavao in the Swansea branch made the process of opening a new account with Bank5 very easy. We are returning customers and she was able to update our information and get the new account opened in less than 20 minutes, while being friendly, courteous and informative. We had one small issue with the online backing activation and with 1 phone call to her the following day she had it fixed in minutes. Excellent service and excellent face for Bank5.

Chad R.

May 20

Everyone listened to what I was saying. After our conversation they formulated the solution and resolved the problem! Thank you!! JFL

Joseph

May 15

Great experience, adding a new CD to my account. Assistant manager explained all the details privately to me before we completed the transaction.

Robert

Apr 30

My meeting with Sarah at the Swansea Branch Office was pleasant and very helpful. I appreciated the fact that Sarah had contacted me by phone ahead of time to review options regarding my maturing CDs.

James

Apr 16

AJ Pauline was friendly, knowledgeable, and efficient. Could not ask for more.

Ron

Apr 10

Great customer service and friendly atmosphere.

De Vieira

Apr 08

As usual, the atmosphere was cheerful - efficient, but cheerful. The result was a new certificate of deposit, patiently arranged by "my pal" Nicole Amaral. My thanks to all.

Ada

Apr 02

Every process was quick and efficient. Innovative CD product "Add-on CD" which allows deposits in the CD at the same rate.

Dennis

Mar 28

Went in to renew my cd. Met with Missy Vincent and she was great to deal with. She answered all my questions and gave excellent advice. So glad she is back at our branch as the manager.

Gary

Mar 27

Stopped in the bank yesterday (3/26/25)to renew a CD and as usual my go to gal ( Donna Aguiar) earned a “W” . The “W” is for WONDERFUL. She has been helping us for a few years to find a good rate and a good term . Thank you Donna, Russ and Pat

Russell

Mar 18

Excellent courteous service

Robert

Feb 25

Glad for the heads up call concerning the CD!

Raymond

Dec 21

Maria Coelho was vert helpful in renewing my C D ,

Darryl Murphy

Nov 22

Very friendly and helpful associate.

John Baron

7 Month Statement CD - 4.15% APY*

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