Featured Savings Rates

Popular Posts

Featured Accounts
  2. 5.32% Low-Min Savings Account at a Nevada Bank (Fifth Street)

5.32% Low-Min Savings Account at a Nevada Bank (Fifth Street)

Comments (3)Post a Comment
POSTED ON BY

Fifth Street Bank is offering a savings account called the FSB Exclusive Savings which offers 5.32% APY on balances over $100. There's no monthly fee as long as the balance remains over $100. Otherwise, there's a $10 monthly fee. Interest is compounded daily and credited quarterly. The bank also has some decent rates on a money market account (4.72% APY) and CDs (5.25% APY 3 to 18 months).

The bank was just established in May 2007, so this likely explains the high rate for a brick-and-mortar bank. It's a small bank with one branch in Las Vegas. It is FDIC insured (FDIC Certificate # 58393).

Thanks to the reader who emailed me info on this bank.
Related Pages: savings account

Related Posts

Personal Banking 101: Savings AccountsPersonal Banking 101: Savings Accounts
Strategy for Getting the Best Yields in Deposit AccountsStrategy for Getting the Best Yields in Deposit Accounts
Reviewing the Rate History of Savings AccountsReviewing the Rate History of Savings Accounts
Comments
Sort by Date | Sort by Votes
3 Comments.
Marc Schoenfeld
Marc Schoenfeld   |     |   Comment #1
nice music on their homepage, though probably would be more appropriate for a casino than a bank web site.
Reply
1
Marc Schoenfeld
Marc Schoenfeld   |     |   Comment #2
Oh, I forgot to add: does anyone else think the very beginning of the music sounds very similar to the start of the song Cool Jerk, by the Capitols?
Reply
1
Anonymous
Anonymous   |     |   Comment #3
I think it's funny that "Fifth Street Bank" in Las Vegas is no where near Fifth Street.
Reply
1