Fall River Five Cents Savings Bank: Savings Accounts, CDs, Money Market & Rates

Updated: 8/21/2026

Mission: Banksparency aims to make Fall River Five Cents Savings Bank's deposit accounts transparent and comparable to the market.

Interest rates reported as APY

Analysis of Fall River Five Cents Savings Bank

Our verdict

CD Analysis

Fall River Five Cents Savings Bank offers CDs paying up to 4.00% APY on its 15 months term, across 12 term lengths.

Tracking 20 active CD products, useful for locking in today's rate before further moves at the Fed.

Best CD use: locking in 4.00% APY for a 15 months term and laddering across multiple maturities.

Fall River Five Cents Savings Bank also offers Accelerator Money Market, a money market account paying 2.42% APY with a $25,000 minimum deposit. A minimum balance of $25,000 is required to earn this rate.

At 2.42% APY, Fall River Five Cents Savings Bank pays 4x the national money market average of 0.63%.

Additional Accounts

eAccess Savings, a high-yield savings account at 0.60% APY.
High Option Money Market, a money market account at 0.15% APY.
Statement Savings, a savings account at 0.05% APY.

Ideal User Profile

Best for: simple saving without extra requirements.

Important Considerations

No app ratings available for this bank.

iOS app rating is not available.

Android app rating is not available.

Key Differentiators

Stands out with A+ BBB rating.

Deposit Accounts Overview

eAccess Savings

Savings

0.60% APY

StableNo rate changes in last 7 days

Min: $10 Online Only

Rank #168 of 337 tracked.

Nickels Savings

Savings

0.10% APY

StableNo rate changes in last 7 days

Min: $5 Branch Access

Rank #250 of 337 tracked.

Lucky Piggy Savings

Savings

0.05% APY

StableNo rate changes in last 7 days

Min: $25 Branch Access

Rank #278 of 337 tracked.

Statement Savings

Savings

0.05% APY

StableNo rate changes in last 7 days

Min: $10 Branch Access

Rank #279 of 337 tracked.

Student Savings

Savings

0.05% APY

StableNo rate changes in last 7 days

Min: $10 Branch Access

Rank #280 of 337 tracked.

Accelerator Money Market

Money Market

2.42% APY

Min: $25,000 Branch Access

The APY is the FHLB Boston 1 Month rate minus 1.50%, reset on the first day of each month. Balances over $2,500,000 earn no interest.

High Option Money Market

Money Market

0.15% APY

Tiered Range: 0.10% - 0.15%

Min: $100 Branch Access

Market Reality Check

This institution offers rates below the top 10 savings and money market accounts we track. Those institutions all pay at least 4.01% APY.

See Top Rates

Also see affiliated bank: Bank5 Connect

View products

National Avg: 0.38% (FDIC, 8/1/2026).
Banksparency tracks live rates daily.

Bank Overview

HQ LocationFall River, MA
Ratings & Trust
A+BBB Not BBB Accredited
Deposit InsuranceFDIC Insured(Cert: 23286)

Visit Official Website

Featured Offers

Axos ONE - High Yield Savings & Checking

Over 95,000 fee-free ATMs
Get paid up to 2 days early with Direct Deposit
One convenient app for spending & saving

FDIC Insured

Savings4.21%APY

Checking0.51%APY

Go to Axos Bank

FDIC or NCUA insured

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	0
Min. Balance in Savings Account	0
How to qualify for APY	OPTION ADirect Deposit $1,500+ AND Maintain $1,500+ avg daily checking balance. OR OPTION BDeposit $5,000+ total/mo AND Maintain $5,000+ avg daily checking balance.
Mobile Ratings	iOS:4.7 Android:4.5

The APY is available with the Axos ONE savings and checking bundle. The checking account also earns interest. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000.

EASY TRANSFERS, LOW MINIMUMS

SponsoredVerified Aug 19, 2026

FDIC Insured

Quontic High Yield Savings

Apply in 3 minutes or less
No monthly service fees
Transfer with Zelle, Apple Pay, G-Pay, and more

FDIC Insured

Savings3.20%APY

Go to Quontic Bank

FDIC or NCUA insured

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	10000
Min. Balance in Savings Account	0
Mobile Ratings	iOS:4.8 Android:4.9

Deposit Accounts: In-Depth View

Savings Accounts Offered by Fall River Five Cents Savings Bank

Feature	eAccess Savings	Nickels Savings	Statement Savings	Student Savings	Lucky Piggy Savings
APY	0.60%Verified: 8/21/2026	0.10%Verified: 8/21/2026	0.05%Verified: 8/21/2026	0.05%Verified: 8/21/2026	0.05%Verified: 8/21/2026
APY Trend	StableNo rate changes in last 7 days	StableNo rate changes in last 7 days	StableNo rate changes in last 7 days	StableNo rate changes in last 7 days	StableNo rate changes in last 7 days
Min. Deposit	$10	$5	$10	$10	$25
Min. Balance	$10	$10	$100	$10	$25
Monthly Fee	N/A	N/A	N/A	N/A	N/A
Direct Deposit	None	None	None	None	None
Checking Bundle	No	No	No	No	No
In-Branch Access	No	Yes	Yes	Yes	Yes
Compounding	Monthly	Monthly	Monthly	Monthly	N/A
FDIC Insured	Yes	Yes	Yes	Yes	Yes
Eligibility	United States	United States	United States	United States	United States
Next Steps	-	-	-	-	-

Interactive Tool

Calculate Savings for Fall River Five Cents Savings Bank

All calculations are based on APY.

Choose savings account

Initial deposit

Recurring deposit

Frequency

Duration

Savings Breakdown

Interest Earned
+$225.20(1.6%)
Total Contributions
$13,000
Initial Deposit
$1,000

Projected Balance

$14,225.20

Effective APY

0.60%

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Fall River Five Cents Savings Bank Deposit Rates Over Time

No historical data available.

Compare with Fall River Five Cents Savings Bank

Feature	Current View Fall River Five Cents Savings Bank	Empty Slot
Product		-
APY	0.60%Verified: 8/21/2026	-
APY Trend	StableNo rate changes in last 7 days	-
Min. Deposit	$10	N/A
Monthly Fee	N/A	-
Direct Deposit	No	-
Checking Bundle	No	-
In-Branch Access	No	-
Eligibility	United States	-
Compounding	Monthly	-
FDIC or NCUA Insured	Yes	-
Next Steps	-	-

CD Overview

4.00% Highest APY

Across 20 CD products with terms: 3 months, 60 months, 36 months, 30 months, 24 months, 18 months, 15 months, 12 months, 6 months, 48 months, 11 months, 7 months

CD Products Offered by Fall River Five Cents Savings Bank

Feature	3 Month CD Special 3 months	6 Month IRA CD 6 months	6 Month CD Special 6 months	6 Month CD 6 months	7 Month Statement CD 7 months	11 Month CD 11 months	1 Year IRA CD 12 months	1 Year CD 12 months	15 Month IRA CD 15 months	15 Month CD 15 months	18 Month IRA CD 18 months	18 Month CD 18 months	2 Year IRA CD 24 months	24 Month CD 24 months	30 Month IRA CD 30 months	3 Year IRA CD 36 months	3 Year CD 36 months	4 Year CD 48 months	5 Year IRA CD 60 months	5 Year CD 60 months
APY	3.00%Verified: 8/21/2026	2.50%Verified: 8/21/2026	3.00%Verified: 8/21/2026	2.50%Verified: 8/21/2026	3.25%Verified: 8/21/2026	3.75%Verified: 8/21/2026	2.75%Verified: 8/21/2026	1.00%Verified: 8/21/2026	4.00%Verified: 8/21/2026	4.00%Verified: 8/21/2026	0.35%Verified: 8/21/2026	3.25%Verified: 8/21/2026	0.40%Verified: 8/21/2026	3.00%Verified: 8/21/2026	0.45%Verified: 8/21/2026	0.75%Verified: 8/21/2026	0.75%Verified: 8/21/2026	0.90%Verified: 8/21/2026	0.65%Verified: 8/21/2026	0.65%Verified: 8/21/2026
Term	3 months	6 months	6 months	6 months	7 months	11 months	12 months	12 months	15 months	15 months	18 months	18 months	24 months	24 months	30 months	36 months	36 months	48 months	60 months	60 months
Min. Deposit	$5,000	$500	$5,000	$500	$500	$500	$500	$500	$500	$500	$500	$500	$500	$500	$500	$500	$500	$500	$500	$500
Early Withdrawal	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FDIC Insured	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Notes	New funds only. Funds from an existing BankFive account are not accepted. Up to $1,000,000 per account may be deposited at the promotional rate. The bank can withdraw the offer at any time.	-	New funds only. Funds from an existing BankFive account are not accepted. Up to $1,000,000 per account may be deposited at the promotional rate. The bank can withdraw the offer at any time.	-	Renews into a 6 Month CD at the end of the term. Up to $1,000,000 of new funds may be deposited.	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Fall River Five Cents Savings Bank CD Rates Over Time

Not enough rate history to show a chart. We have CD rates for this bank from one day only. The chart shows when we collect more data.

Money Market Accounts Offered by Fall River Five Cents Savings Bank

Feature	Accelerator Money Market	High Option Money Market
APY	2.42%Verified: 8/21/2026	0.15%Range: 0.10% - 0.15%Verified: 8/21/2026
Min. Deposit	$25,000	$100
Min. Balance	$25,000	$100
Monthly Fee	N/A	N/A
Direct Deposit	None	None
In-Branch Access	Yes	Yes
Compounding	N/A	Monthly
FDIC Insured	Yes	Yes
Eligibility	United States	United States
Important	The APY is the FHLB Boston 1 Month rate minus 1.50%, reset on the first day of each month. Balances over $2,500,000 earn no interest.	-

Alternatives to Fall River Five Cents Savings Bank

Banks with Higher/Similar Savings APY

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Forbright Bank

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Minimum Deposit: $250

Eligible States: Limited (see details)

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Minimum Deposit: $2,000

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Peapack Private Bank & Trust

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