Presidential Bank vs. Salem Five Direct
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 14, 2025
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Summary of Presidential Bank vs. Salem Five Direct
Key Metrics at a Glance
| Feature | Presidential Bank | Salem Five Direct |
|---|---|---|
| Top Savings APY | 4.25% Advantage Savings | 3.71% eOne Savings |
| Minimum to Open | $5,000 | $10 |
| Minimum Balance for Top APY | N/A | $0.01 |
Presidential Bank
Strengths
- Advantage Savings offers a competitive APY of 4.25%.
- Presidential Bank has 10 branches in Maryland, Virginia, and Washington D.C.
- High APY requires only a $500 monthly direct deposit.
Potential Drawbacks
- APY decreased from 4.50% in the last 30 days.
- Requires a minimum deposit of $5,000 to open an account.
- Not BBB Accredited.
Salem Five Direct
Strengths
- eOne Savings has a low minimum deposit of $10.
- No direct deposit requirement for the eOne Savings account.
- Salem Five Direct has a slightly higher Google Play rating of 4.2.
Potential Drawbacks
- APY decreased from 4.01% in the last 30 days.
- Salem Five Direct is online-only with no physical branches.
- eOne Savings offers a lower APY of 3.71%.
→ As of November 14, 2025 Presidential Bank offers an APY of 4.25% for its Advantage Savings account, with a minimum balance of N/A, compared to Salem Five Direct's 3.71% APY for its eOne Savings account, with a minimum balance of $0.01.
→ Presidential Bank yields $54 more than Salem Five Direct on a $10,000 balance after one year. Presidential Bank pays $425, while Salem Five Direct pays $371 - an APY advantage for Presidential Bank.
Calculate Savings Growth for Presidential Bank vs Salem Five Direct
Presidential Bank - Advantage Savings
Total savings breakdown:
- Interest earned: $2,596.8 (12.61%)
- Total contributions: $13,000 (63.12%)
- Initial deposit: $5,000 (24.28%)
Your total balance
$20,596.80
Total balance: $20,596.8
Earnings: $2,596.8
Bank OverviewSalem Five Direct - eOne Savings
Total savings breakdown:
- Interest earned: $2,248.1 (11.10%)
- Total contributions: $13,000 (64.20%)
- Initial deposit: $5,000 (24.69%)
Your total balance
$20,248.10
Total balance: $20,248.1
Earnings: $2,248.1
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Presidential Bank's total earnings would be $348.7 higher than Salem Five Direct's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Presidential Bank's vs Salem Five Direct's Savings Accounts
| Presidential Bank | Salem Five Direct | ||
|---|---|---|---|
| Product | Advantage Savings | vs | eOne Savings |
| APY | 3.75% - 4.25% (as of 11/14/2025) | 3.71% (as of 11/14/2025) | |
| Bundled Account | Yes | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | No | Yes | |
| Compound Frequency | Monthly | Monthly | |
| Minimum Deposit | $5,000 | $10 | |
| Minimum Balance for APY | N/A | $0.01 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | Yes. To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500. | No | |
| App Store Rating | 4.8/5 | 4.7/5 | |
| Google Play Rating | 4.1/5 | 4.2/5 | |
| BBB Rating | A- | A- |
Comparative Historical APY Insights (Last 10 Months)
| Presidential Bank | Salem Five Direct | ||
|---|---|---|---|
| Product | Advantage Savings | vs | eOne Savings |
| Latest APY | 4.25 % | 3.71 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -0.6 | -1.6 | |
| Rate Changes / Mo | 0.10 | 0.20 | |
| Days Since Last Change | 8 | 9 | |
| High (-10 m) | 4.50 % | 4.01 % | |
| Low (-10 m) | 4.25 % | 3.71 % | |
| Draw-down from High | -5.6 % | -7.5 % | |
| Volatility (CV) | 0.011 | 0.020 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 10 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-10 m)
- Highest APY in the last 297 days.
- Low (-10 m)
- Lowest APY in the last 297 days.
- Draw-down from High
- How far today sits below the 10-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.