JOURNAL ARTICLE

Bank5 Connect Review 2025: High-interest checking, savings, CDs, and more.

  • Published In: Fortune.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Hostetler, Joseph 3 of 3

Abstract

The article focuses on Bank5 Connect, an online banking division of BankFive, which offers competitive financial products including high-yield checking and savings accounts, certificates of deposit (CDs), and money market accounts. Established in 2013 and headquartered in Fall River, Massachusetts, Bank5 Connect provides a unique feature of 100% deposit insurance through the Depositors Insurance Fund (DIF), exceeding the standard FDIC limit of $250,000. While it offers attractive annual percentage yields (APYs) and no monthly fees, it lacks physical branches and is not available to residents of Massachusetts and Rhode Island. The bank's customer service includes video chat options, enhancing accessibility for users seeking assistance. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2025/11, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2025
  • Accession Number:189423764
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