Advertising Disclosure
  1. Home
  2. Banks
  3. Bank5 Connect

Bank5 Connect

Deposits held and insured by BankFive

TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.bank5connect.com
1-855-55BANK5
79 North Main Street
Fall River, MA 02720
Deposits held and insured by BankFive
Reviews (2)

A Very Good Bank

Posted by: |

I recommend Bank5connect to any level of depositor. After varying experiences with other banks, I have found BANK5connect to be consistently clear about banking processes and very responsive to customer inquiries. This is a bank with very good rates, an intuitive website for users and a human approsch to customers.

1

A Great Experience

Posted by: |

I had no problems opening an account with Bank5. It took 3 or 4 days, but that's the norm now since the government has put pressure on banks to deter money laundering. The bank did everything I asked, and the best part is they provide unlimited insurance above FDIC limits.
I've dealt with many other banks, and Bank5 rates in the top two or three in satisfaction.
And, no, I'm not an employee.

4


Health
B+

Data as of Q1 2025

Data displayed below is for insuring bank: BankFive
Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #23286
Year Established1855
Employees204
Primary RegulatorFED
Profit Margin
Return on Assets - YTD-0.06%
Return on Equity - YTD-0.97%
Annual Interest Income$20.1MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$1.89B$1.83B
LoansQ1 2025vs Q1 2024$1.44B$1.43B
DepositsQ1 2025vs Q1 2024$1.36B$1.33B
Equity CapitalQ1 2025vs Q1 2024$124.7MM$120.8MM
Loan Loss AllowanceQ1 2025vs Q1 2024$9.2MM$8.5MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$3.5MM$1.6MM
Real Estate OwnedQ1 2025vs Q1 2024$13K$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Bank5 Connect; we are a rate comparison website and cannot provide official rates or promotions.

Bank5 Connect Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.05%$25k-Jumbo Savings
1.50%$100-Connect Savings

Bank5 Connect Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.03%$100$1mConnect Money Market

Bank5 Connect Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%$100-High-Interest Checking (Connect Checking)

Bank5 Connect CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.40%$500-6 Month CD
4.15%$500-18 Month CD
4.00%$500-3 Month CD
3.95%$500-12 Month CD
3.95%$500-24 Month Investment CD
3.95%$500-15 Month CD
3.20%$500-21 Month CD
0.85%$500-36 Month CD
Locations

Bank5 Connect is an Internet only bank and does not have branch locations. Its headquarters is located at 79 North Main Street - Fall River, MA 02720

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.