MIAMI (CBSMiami) – Tropical Depression Number 5 formed Saturday in the Atlantic Ocean.

Models from the Hurricane Center show that this depression will pose no threat to the U.S., as it moves away from the coast.

At 5 p.m., TD5 was about 150 miles WSW off Bermuda, with maximum sustained winds of 35 mph. It was moving east-northeast at 16 mph.

There were no coastal watches or warnings in effect.

The National Hurricane Center said the newly-formed depression could become a tropical storm by Saturday evening.