Fall River Five Cents Savings Bank savings, CD and money market rates
Fall River Five Cents Savings Bank advertises 0.60% APY on its eAccess Savings account. That is 0.23 percentage points above the national savings average of 0.37% (FDIC, Sep 2026).
Ranked #931 of 2767 tracked savings rates by advertised APY. For a $10,000 balance it would rank #714.
Estimate your earnings·What Fall River Five Cents Savings Bank actually pays
Fall River Five Cents Savings Bank at a glance
| Savings | |
|---|---|
| Top savings APY | 0.60% · eAccess Savings |
| Minimum to open | $10 · eAccess Savings |
| Against the national average | 0.23 percentage points above the 0.37% FDIC savings average (Sep 2026) |
| CDs | |
| Top CD APY | 4.30% · 15 months · 15 Month CD |
| Minimum to open | $500 · 15 months CD |
| Money market | |
| Top money market APY | 2.68% · Accelerator Money Market |
| Minimum to open | $25,000 · Accelerator Money Market |
| Against the national average | 2.05 percentage points above the 0.63% FDIC money market average (Sep 2026) |
| FDIC certificate | 23286 · Fall River, MA |
|---|---|
| Website | www.bankfive.com |
| Branches | 18 branches in MA, RI |
| Availability | Nationally available |
Fall River Five Cents Savings Bank savings, CD and money market rates
Personal
How the rate applies
IRA
Rates are APY. The national savings average is 0.37% (FDIC, Sep 2026). The top tracked savings rate on Banksparency is 5.50%. Across 60 savings accounts from 59 banks in the Banksparency core savings index, the median advertised rate is 3.66%, and one account in ten advertises 4.16% or more. See the highest savings rates.
Fall River Five Cents Savings Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 3 months | 3.00% | $5,000 | 3 Month CD Special |
| 6 months | 2.50% | $500 | 6 Month CD |
| 6 months | 3.00% | $5,000 | 6 Month CD Special |
| 7 months | 3.25% | $500 | 7 Month Statement CD |
| 11 months | 3.75% | $500 | 11 Month CD |
| 12 months | 1.00% | $500 | 1 Year CD |
| 15 months | 4.30% | $500 | 15 Month CD |
| 18 months | 3.25% | $500 | 18 Month CD |
| 24 months | 3.00% | $500 | 24 Month CD |
| 36 months | 0.75% | $500 | 3 Year CD |
| 48 months | 0.90% | $500 | 4 Year CD |
| 60 months | 0.65% | $500 | 5 Year CD |
| IRA CDs | |||
| 6 months | 2.50% | $500 | 6 Month IRA CD |
| 12 months | 2.75% | $500 | 1 Year IRA CD |
| 15 months | 4.30% | $500 | 15 Month IRA CD |
| 18 months | 0.35% | $500 | 18 Month IRA CD |
| 24 months | 0.40% | $500 | 2 Year IRA CD |
| 30 months | 0.45% | $500 | 30 Month IRA CD |
| 36 months | 0.75% | $500 | 3 Year IRA CD |
| 60 months | 0.65% | $500 | 5 Year IRA CD |
Interactive Tool
Calculate Savings for Fall River Five Cents Savings Bank
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$225.20(1.6%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,225.20
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Fall River Five Cents Savings Bank pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined.
In Q2 2026, Fall River Five Cents Savings Bank paid a higher average rate on savings and money market deposits than 46% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Fall River Five Cents Savings Bank, savings and money market
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| eAccess Savings | 0.60% | $10 | $0 | None | not stated | not stated | One rate | |
| Nickels Savings | 0.10% | $5 | $0 | None | not stated | not stated | One rate | |
| Statement Savings | 0.05% | $10 | $0 | None | not stated | not stated | One rate | |
| Student Savings | 0.05% | $10 | $0 | None | not stated | not stated | One rate | |
| Lucky Piggy Savings | 0.05% | $25 | $0 | None | not stated | not stated | One rate | |
| Accelerator Money Market | 2.68% | $25,000 | $0 | None | not stated | not stated | One rate | |
| Fine print: 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 | 0.15% | $100 | $100 | None | not stated | not stated | Tiered | |
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
CDs
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| Personal CDs | |||||
| 3 Month CD Special | 3 months | 3.00% | $5,000 | not stated | not stated |
| 6 Month CD | 6 months | 2.50% | $500 | not stated | not stated |
| 6 Month CD Special | 6 months | 3.00% | $5,000 | not stated | not stated |
| 7 Month Statement CD | 7 months | 3.25% | $500 | not stated | not stated |
| Fine print: Renews into a 6 Month CD at the end of the term. Up to $1,000,000 of new funds may be deposited. | |||||
| 11 Month CD | 11 months | 3.75% | $500 | not stated | not stated |
| 1 Year CD | 12 months | 1.00% | $500 | not stated | not stated |
| 15 Month CD | 15 months | 4.30% | $500 | not stated | not stated |
| 18 Month CD | 18 months | 3.25% | $500 | not stated | not stated |
| 24 Month CD | 24 months | 3.00% | $500 | not stated | not stated |
| 3 Year CD | 36 months | 0.75% | $500 | not stated | not stated |
| 4 Year CD | 48 months | 0.90% | $500 | not stated | not stated |
| 5 Year CD | 60 months | 0.65% | $500 | not stated | not stated |
| IRA CDs | |||||
| 6 Month IRA CD | 6 months | 2.50% | $500 | not stated | not stated |
| 1 Year IRA CD | 12 months | 2.75% | $500 | not stated | not stated |
| 15 Month IRA CD | 15 months | 4.30% | $500 | not stated | not stated |
| 18 Month IRA CD | 18 months | 0.35% | $500 | not stated | not stated |
| 2 Year IRA CD | 24 months | 0.40% | $500 | not stated | not stated |
| 30 Month IRA CD | 30 months | 0.45% | $500 | not stated | not stated |
| 3 Year IRA CD | 36 months | 0.75% | $500 | not stated | not stated |
| 5 Year IRA CD | 60 months | 0.65% | $500 | not stated | not stated |
Fine print for 2 CDs above: 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.
Opening and using the account
| Availability | Nationally available |
|---|---|
| Footprint | 18 branches in MA, RI |
| Eligibility | not stated |
How Fall River Five Cents Savings Bank behaves over time
Every observation of the advertised eAccess Savings rate in the last 12 months was 0.60% (observed through Oct 5, 2026). The series includes promotional tiers where one applied.
Banksparency observed no cuts to Fall River Five Cents Savings Bank's advertised savings rate in the last 12 months, a period with 2 Federal Reserve cuts.
Recent rate changes, as observed
- Obs. Oct 2, 2026Accelerator Money MarketRaise:2.48%to2.68%
- Obs. Sep 3, 2026Accelerator Money MarketRaise:2.42%to2.48%
- Obs. Sep 2, 202615 Month CDRaise:4.00%to4.30%
- eAccess Savings
- The same as 30 days ago.
- 15 months CD
- The same as 30 days ago.
- Accelerator Money Market
- Up 0.20 percentage points from 7 days ago.
$10,000 at the 0.60% APY Fall River Five Cents Savings Bank advertises on eAccess Savings grows to $10,060 in a year. Prices rose 3.4% in the year to August 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,729 does today. See how the federal funds rate shapes savings rates.
Fall River Five Cents Savings Bank CD rates over time
Who is Fall River Five Cents Savings Bank?
| Headquarters | Fall River, MA |
|---|---|
| Founded | 1855 |
| Scale | $1.9B assets · $1.4B deposits, $1.1B of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 23286 |
| BBB rating | A+ · Not BBB Accredited |
| Affiliated institution | Bank5 Connect |
| Charter state | Massachusetts · one of 91 insured banks chartered there (Q2 2026, FDIC) |
| Size | 685th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 36% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Fall River Five Cents Savings Bank pays on deposits above.
Common questions about Fall River Five Cents Savings Bank
Is Fall River Five Cents Savings Bank FDIC insured?
Yes. Fall River Five Cents Savings Bank is FDIC insured under certificate 23286, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Fall River Five Cents Savings Bank?
Fall River Five Cents Savings Bank requires a minimum deposit of $10 to open its eAccess Savings account, as observed on Oct 5, 2026. Check the bank's current terms before you open an account.
Does Fall River Five Cents Savings Bank have branches?
Yes. Fall River Five Cents Savings Bank operates 18 branches according to FDIC branch records, in addition to its website and mobile apps.
Fall River Five Cents Savings Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Fall River Five Cents Savings Bank | 0.60% | 1.36% | $10 | 18 branches in MA, RI |
| 5Star Bank | 0.60% | 2.57% | $100 | 6 branches in CO |
| Alma Bank | 0.60% | 2.42% | $10,000 | 13 branches in NJ, NY |
| Chelsea State Bank | 0.60% | 0.94% | $1 | 4 branches in MI |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to Fall River Five Cents Savings Bank's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
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Rate hubs: today's highest savings rates, CD rates by term, and money market rates.