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BankFive


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
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 6/30/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
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.bankfive.com
774-888-6100
79 North Main Street
Fall River, MA 02720

BankFive is headquartered in FALL RIVER and is the 30th largest bank in the state of Massachusetts. It is also the 621st largest bank in the nation. It was established in 1855 and as of March of 2025, it had grown to 204 employees at 19 locations. BankFive's CD rates are 4X the national average, and it has a B+ health rating.

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Health
B+

Data as of Q1 2025

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 6/30/2025
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 6/30/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
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
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

BankFive Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%$10-eAccess Savings
0.10%$10-Nickels Savings Account
0.05%$100-Statement Savings
0.05%$10-Student Savings
0.05%$25-Lucky Piggy Savings

BankFive Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$50k*-Money Market Account
OTHER TIERS: 0.10% → $100 - $50k
0.15%*$25k*-Business Money Market Account
OTHER TIERS: 0.05% → $10 - $1k | 0.10% → $1k - $25k

BankFive Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$10-eAccess Checking
0.15%$100-Relationship Checking
0.05%$10-Basic Checking

BankFive CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.75%$500-18 Month CD
3.75%$100-2 Year Add-On CD
3.65%$50k-12 Month Add On CD Special
3.25%$5k-3 Month CD Special
3.25%$5k-6 Month CD Special
2.50%$500-6 Month CD
2.50%$500-15 Month CD
1.00%$500-1 Year CD
1.00%$500-11 Month CD
0.90%$500-4 Year CD
0.75%$500-3 Year CD
0.65%$500-5 Year CD

BankFive IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.50%$500-1 Year IRA - Branch Only
2.50%$500-6 Month IRA - Branch Only
0.75%$500-3 Year IRA - Branch Only
0.65%$500-5 Year IRA - Branch Only
0.45%$500-30 Month IRA - Branch Only
0.40%$500-2 Year IRA - Branch Only
0.35%$500-18 Month IRA - Branch Only
Locations

Availability



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