Deposit Interest Rates

Updated monthly or if rates change. Rates are subject to change at any time.

Rates effective as of 10/1/19

HSA, Statement Savings, NOW, Money Market Accounts and the 18-month variable IRA all earn interest at a variable rate. The interest rate and annual percentage yield may change at any time at our discretion.
A penalty may be imposed for early withdrawal on CDs and IRAs.
Annual Percentage Yields are current as of posting.
CDs are also available as IRAs, with the exception of the 182-Day CD
Fees could reduce the earnings on the account.
Stated minimum opening deposit is required to obtain APY.

* This rate applies to funds deposited to Franklin Savings Bank from another institution.

Deposit Rates:

Account type	Minimum Opening Deposit	Interest Rate	Annual Percentage Yield
Certificates of Deposit or IRAs
182-Day	$500	1.34%	1.35%
7-month - Expand Your Savings!	$15,000*	1.74%	1.75%
1-Year	$500	1.19%	1.20%
18-Month	$500	1.14%	1.15%
18-Month Variable IRA	$100	0.15%	0.15%
2-Year	$500	0.65%	0.65%
3-Year	$500	0.55%	0.55%
5-Year	$500	0.50%	0.50%
Money Market Accounts	$1,000
Balance from $.01-$24,999.99		0.10%	0.10%
Balance from $25,000.00-$99,999.99		0.20%	0.20%
Balance from $100,000.00-$249,999.99		0.40%	0.40%
Balance from $250,000.00-$499,999.99		0.75%	0.75%
Balance from $500,000.00-$999,999.99		0.95%	0.95%
Balance $1,000,000 and higher		1.54%	1.55%
Health Savings Accounts
HSA checking	$50	0.10%	0.10%
NOW Accounts
$0.01-499.99	$50	0.03%	0.03%
$500 and higher	$50	0.03%	0.03%
My Ca$h Sta$h
Statement Savings	$5	0.15%	0.15%
One Certificate of Deposit	$100	1.19%	1.20%
Club Accounts
Christmas Club	$1	0.15%	0.15%
Statement Savings	$50
Balance from $.01-$49.99		0.05%	0.05%
Balance from $50.00-$999.99		0.05%	0.05%
Balance from $1,000.00-$49,999.99		0.10%	0.10%
Balance $50,000 and higher		0.10%	0.10%