Colorado Federal Savings Bank vs. Salem Five Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Colorado Federal Savings BankPremier Savings Jan 7, 2026 | Salem Five DirecteOne Savings Jan 7, 2026 |
|---|---|---|
| APY | 4.05% | 3.61% |
Est. Earnings | $5,000+$0 $10,000+$0 $25,000+$0 | $5,000+$181 $10,000+$361 $25,000+$903 |
Min Deposit | $50,000 | $10 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredHigh MinimumGreat iOS App | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppZelle® Supported |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing Colorado Federal Savings Bank vs. Salem Five Direct
As of Colorado Federal Savings Bank offers an APY of 4.05% for its Premier Savings account, with a minimum balance of $50,000, compared to Salem Five Direct's 3.61% APY for its eOne Savings account, with a minimum balance of $0.01.
Colorado Federal Savings Bank pays $44 more than Salem Five Direct on a $10,000 balance after one year. Colorado Federal Savings Bank pays $405, while Salem Five Direct pays $361 - an APY advantage for Colorado Federal Savings Bank.
In addition, Colorado Federal Savings Bank also offers 4.00% APY for the High Yield Savings account, with a minimum balance of $1.
Why Colorado Federal Savings Bank?
- ✓Higher potential APY (4.00%-4.05% vs 3.61%)
- ✓Offers 2 different high-yield savings options
Why Salem Five Direct?
- ✓Higher rated iOS app (4.7 vs 4.3)
- ✓Higher rated Android app (4.2 vs 0.0)
- ✓Fast transfers via Zelle®
— Key Feature Differences —
Better Returns at $10,000
Salem Five DirectSalem Five Direct's eOne Savings earns more on smaller deposits (approx. $361 vs $0/yr).
Better Returns at $25,000
Salem Five DirectSalem Five Direct's eOne Savings pulls ahead with larger amounts (approx. $903 vs $0/yr).
Best for Simplicity
Colorado Federal Savings BankColorado Federal Savings Bank's Premier Savings offers 4.05% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
Salem Five DirectSalem Five Direct offers an iOS app rated 4.7 (vs. 4.3) and Android app rated 4.2 (vs. 0.0)
Shared Benefits
Over a 1-year period, Colorado Federal Savings Bank's Premier Savings pays $44 more interest on a $10,000 balance than Salem Five Direct's eOne Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Colorado Federal Savings Bank offers a competitive High Yield Savings account with an APY of 4.00%, making it the standout option compared to Salem Five Direct's eOne Savings account, which provides a lower APY of 3.61%. Both accounts have no maintenance fees and do not require direct deposit, but Colorado Federal's Premier Savings account, with an APY of 4.05%, is also available for those with a higher minimum deposit of $50,000. In contrast, Salem Five Direct's eOne Savings account has a much lower minimum deposit of $10, making it accessible for smaller savers. Both banks operate online only.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
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Non-sponsored link to official site
Top Market Contenders
Colorado Federal Savings Bank vs. Salem Five Direct Savings Calculator
You earn $220 more with Colorado Federal Savings Bank than Salem Five Direct on a $50,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Colorado Federal Savings Bank
Premier Savings
Savings Breakdown
- Interest Earned+$2,025.00(3.9%)
- Total Contributions$0
- Initial Deposit$50,000
Projected Balance
$52,025.00
Salem Five Direct
eOne Savings
Savings Breakdown
- Interest Earned+$1,805.00(3.5%)
- Total Contributions$0
- Initial Deposit$50,000
Projected Balance
$51,805.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Colorado Federal Savings Bank | Salem Five Direct |
|---|---|---|
| APY | 4.05% Verified: 1/7/2026 ↘︎ 0.10%90d Change | 3.61% Verified: 1/7/2026 ↘︎ 0.40%90d Change |
| Product Name | Premier Savings | eOne Savings |
| Minimum Deposit | $50,000 | $10 |
| Min. Balance for APY | $50,000 | $0.01 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.3 Android- | iOS4.7 Android4.2 |
| Zelle® Support | Not Supported | Available Uses shared Salem Five mobile platform. |
| BBB Rating | A+ | A- |
| Next Steps | Visit SiteVerify at Colorado Federal Savings Bank Non-sponsored link to official site | Visit SiteVerify at Salem Five Direct Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Colorado Federal Savings Bank | Salem Five Direct | |
|---|---|---|---|
| Premier Savings | High Yield Savings | eOne Savings | |
Current APY | 4.05% | 4.00% | 3.61% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -2.6 | -2.6 | -3.7 |
Days Since Change | 89 | 89 | 21 |
11-Month High | 4.25% | 4.25% | 4.01% |
11-Month Low | 4.05% | 4.00% | 3.61% |
Adjustments / Mo | 0.19 | 0.37 | 0.28 |
Volatility Score | 0.022 | 0.022 | 0.038 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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