CDs and IRAs
Certificates of Deposit
Looking for a secure investment with a higher return? Our CDs feature terms of as little as 91 days on up to five years. For young savers, the My Ca$h Sta$h CD features a low minimum deposit.
Individual Retirement Accounts
Franklin Savings Bank offers several IRAs to help secure your financial future.
Depending on your filing status, you may make significant annual tax deductible contributions now and earn tax-deferred interest right up until you withdraw. Another option is to deposit after-tax dollars now and withdraw tax-free upon retirement.
Please note: Interest is compounded and credited monthly on a 365/365 day basis. There is a substantial penalty for withdrawals prior to maturity on time deposits.