FVCbank vs. Salem Five Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | FVCbankAdvantage Direct Savings Jan 7, 2026 | Salem Five DirecteOne Savings Jan 7, 2026 |
|---|---|---|
| APY | 3.85% | 3.61% |
Est. Earnings | $5,000+$193 $10,000+$385 $25,000+$963 | $5,000+$181 $10,000+$361 $25,000+$903 |
Min Deposit | $500 | $10 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredLow MinimumsGreat iOS AppZelle® Supported | 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 FVCbank vs. Salem Five Direct
As of FVCbank offers an APY of 3.85% for its Advantage Direct Savings account, with a minimum balance of $500, compared to Salem Five Direct's 3.61% APY for its eOne Savings account, with a minimum balance of $0.01.
FVCbank pays $24 more than Salem Five Direct on a $10,000 balance after one year. FVCbank pays $385, while Salem Five Direct pays $361 - an APY advantage for FVCbank.
Why FVCbank?
- ✓Higher potential APY (3.85% vs 3.61%) on all balances
Why Salem Five Direct?
- ✓Higher rated iOS app (4.7 vs 4.4)
- ✓Higher rated Android app (4.2 vs 3.6)
— Key Feature Differences —
Better Returns at $10,000
FVCbankFVCbank's Advantage Direct Savings earns more on smaller deposits (approx. $385 vs $361/yr).
Better Returns at $25,000
FVCbankFVCbank's Advantage Direct Savings pulls ahead with larger amounts (approx. $963 vs $903/yr).
Best for Simplicity
FVCbankFVCbank's Advantage Direct Savings offers 3.85% 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. 4.4) and Android app rated 4.2 (vs. 3.6)
Shared Benefits
Over a 1-year period, FVCbank's Advantage Direct Savings pays $24 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
FVCbank offers the Advantage Direct Savings account with a competitive APY of 3.85%, making it the top choice for savers looking for higher returns without any direct deposit requirements or maintenance fees. This account requires a minimum deposit of $500 and is available online only. In comparison, Salem Five Direct's eOne Savings account provides a lower APY of 3.61%, also with no direct deposit requirement and no maintenance fees, but it has a much lower minimum deposit of just $10. While both accounts are online-only and FDIC insured, FVCbank stands out for its higher yield.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
FVCbank vs. Salem Five Direct Savings Calculator
You earn $24 more with FVCbank than Salem Five Direct on a $10,000 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.
FVCbank
Advantage Direct Savings
Savings Breakdown
- Interest Earned+$385.00(3.7%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,385.00
Salem Five Direct
eOne Savings
Savings Breakdown
- Interest Earned+$361.00(3.5%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,361.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | FVCbank | Salem Five Direct |
|---|---|---|
| APY | 3.85% Verified: 1/7/2026 ↘︎ 0.25%90d Change | 3.61% Verified: 1/7/2026 ↘︎ 0.40%90d Change |
| Product Name | Advantage Direct Savings | eOne Savings |
| Minimum Deposit | $500 | $10 |
| Min. Balance for APY | $500 | $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 | iOS4.4 Android3.6 | iOS4.7 Android4.2 |
| Zelle® Support | Available Integrated into mobile app. | Available Uses shared Salem Five mobile platform. |
| BBB Rating | B- | A- |
| Next Steps | Visit SiteVerify at FVCbank 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 | FVCbank | Salem Five Direct |
|---|---|---|
| Advantage Direct Savings | eOne Savings | |
Current APY | 3.85% | 3.61% |
Trend | Stable | Stable |
Velocity (bps/mo) | -8.5 | -4.3 |
Days Since Change | 67 | 21 |
10-Month High | 4.55% | 4.01% |
10-Month Low | 3.85% | 3.61% |
Adjustments / Mo | 0.81 | 0.31 |
Volatility Score | 0.063 | 0.039 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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