Savings/CD Landing Page
Grow your future,
your way.
Franklin Savings Bank has all the savings tools you need.
From buying a home to financing your education, planning for your future should be all about you. When you bank with Maine’s home for banking, it truly is. Franklin Savings Bank is here with friendly, local service and an array of savings and CD accounts so you can find your perfect fit.
Plus, opening an account is as straightforward as the accounts themselves. Skip the trip to the bank and open your account online today.
Choose one of our savings accounts for a simple and accessible option:
Statement Savings
Save money and earn interest without the added service fees.
- $50 minimum balance
- Earns interest
- No maintenance or activity fees
- No monthly fees when the required minimum balance is met
Club Accounts
The proactive way to save for gifts and getaways with accounts being paid out in October.
- Flexible contributions
- Convenient automatic transfers
- Fit for versatile savings goals
Youth Savings
My Ca$h Sta$h is your child’s starting point for a bright financial future.
- $5 minimum to open
- No minimum balance
- Simple and accessible
- Special gift just for starting*
*The gifts provided with new account openings are carefully chosen to be both fun and educational, and are always valued at no more than $10.
Certificates of Deposit
Stepping up your savings strategy is simpler than you think. Our Certificates of Deposit (CDs) offer a secure investment opportunity, competitive interest rates, and fixed returns.
No matter your financial goal or timeline, our CDs ensure that your investment works as hard as you did to earn it.
- Competitive interest rates
- Fixed returns
- Secure investment opportunity
CD Rates
| Account type | Minimum Opening Deposit | Interest Rate | Annual Percentage Yield |
| Certificates of Deposit | |||
| 182-Day | $500 | 3.93% | 4.00% |
| 9-Month | $500 | 3.69% | 3.75% |
| 1-Year | $500 | 3.45% | 3.50% |
| 18-Month | $500 | 3.45% | 3.50% |
| 2-Year | $500 | 2.96% | 3.00% |
| 3-Year | $500 | 1.00% | 1.00% |
| 5-Year | $500 | 1.00% | 1.00% |
| My Ca$h Sta$h (Youth Accounts) | |||
| 1-Year Certificate of Deposit | $100 | 3.45% | 3.50% |
Rates are subject to change at any time.
Rates effective as of 2/03/2025
- A penalty may be imposed for early withdrawal on CDs.
- Fees could reduce the earnings on the account.
- Stated minimum opening deposit is required to obtain APY*.
*APY stands for Annual Percentage Yield.
Can’t decide on the right strategy for you? We’ve got a starting point.
Franklin is your home for banking. And by that, we mean you’ll be right here at home with our friendly expert staff. Our team will be here to answer all your questions and guide you on your savings journey.
We’ve got the rates and products of a big bank with the convenience and availability of a local, community bank. Don’t settle for less!