Logo with Tagline and TM

HOLIDAY NOTICE: All Franklin Savings Bank offices will be closed on Monday, January 20th in observance of Civil Rights Day. Online and Mobile banking services are available 24/7 so you can bank whenever you want, from wherever you are. Click here to learn more.

HOLIDAY NOTICE: All Franklin Savings Bank offices will be closed on Monday, January 2oth in observance of Civil Rights Day. Online and Mobile banking services are available 24/7 so you can bank whenever you want, from wherever you are. Click here to learn more.

Deposit Rates

Designed with you in mind.

Effective Date: January 21, 2025

 

Make the most of your short-term investment with these great rates!

 

Product APY* Interest Rate Minimum / Maximum Deposits (if applicable)
5 Month CD** 4.35% 4.27% $2,000 Minimum Deposit to earn APY
10 Month IRA¹ 3.75% 3.69% $1,000 Minimum Deposit to open and earn APY

APPLY NOW

 

*Annual Percentage Yield. A substantial penalty is imposed on premature withdrawals from certificates of deposits. Depositors are insured for up to $250,000 by the Federal Deposit Insurance Corporation (FDIC). Fees may reduce earnings. For complete details on any of our deposit products, contact a Personal Banker for assistance at 603.934.4445 or 1.800.372.4445.

**The 5 month CD is not available as an IRA. A $2,000 minimum deposit is required to open this account and obtain the stated APY. Annual percentage yield is effective 12/30/24. Rates are subject to change without notice. Penalty may be assessed for early withdrawal. Fees and withdrawals could reduce earnings.

¹The 10 month IRA is only available as an IRA and cannot be upgraded to another IRA product. A $1,000 minimum deposit is required to open this account and obtain the stated APY. Annual percentage yield is effective 12/30/24. Rates are subject to change without notice. Penalty may be assessed for early withdrawal. Fees and withdrawals could reduce earnings.

 

Effective Date: January 21, 2025

Current CD Specials APY* Interest Rate Minimum Balance to Earn APY
5 Month CD¹ 4.35% 4.27% $2,000.00

 

Standard CD Products APY* Interest Rate Minimum Balance to Earn APY
182 Day 3.50% 3.44% $2,000.00
One Year 3.25% 3.20% $2,000.00
Two Year 3.00% 2.96% $2,000.00
Three Year 2.50% 2.47% $1,000.00 Minimum deposit
Five Year 2.00% 1.98% $1,000.00 Minimum deposit
Five Year Smart CD 1.75% 1.74% $100.00

 

 

*Annual Percentage Yield. A substantial penalty is imposed on premature withdrawals from certificates of deposits. Depositors are insured for up to $250,000 by the Federal Deposit Insurance Corporation (FDIC). Fees may reduce earnings. For complete details on any of our deposit products, contact a Personal Banker for assistance at 603.934.4445 or 1.800.372.4445.

**Rates are subject to change without notice.

¹The 5 month CD is not available as an IRA. A $2,000 minimum deposit is required to open this account and obtain the stated APY. Annual percentage yield is effective 12/30/24. Rates are subject to change without notice. Penalty may be assessed for early withdrawal. Fees and withdrawals could reduce earnings.

The 10 month IRA special is not available as a CD.


APPLY NOW

Effective Date: January 21, 2025

Current IRA Specials APY* Interest Rate Minimum Balance to Earn APY
10 Month IRA¹ 3.75% 3.69% $1,000.00

 

Standard IRA Products APY* Interest Rate Minimum Balance to Earn APY
Variable Rate IRA Savings 3.50% 3.44% $50,000.00
3.50% 3.44% $15,000.00
3.50% 3.44% $10.00

Minimum deposit to open a Fixed Rate IRA is $500 for 3- through 5-Year terms and $1,000 for any term under 3 Years.  Choose from the Certificates of Deposit term options for a Fixed Rate IRA.

* Annual Percentage Yield. APYs for deposit instruments with no maturities or maturities of less than one year assume reinvestment at original rate for one year. Interest is earned and compounded monthly. Interest rates are subject to change without notice. Regular fees or other conditions could reduce the yield. For details, review our Truth in Savings Disclosures.

¹The 10 month IRA is only available as an IRA and cannot be upgraded to another IRA product. A $1,000 minimum deposit is required to open this account and obtain the stated APY. Annual percentage yield is effective 12/30/24. Rates are subject to change without notice. Penalty may be assessed for early withdrawal. Fees and withdrawals could reduce earnings.

The 5 month CD special is not available as an IRA.

 

 

Effective Date: January 21, 2025

Product APY* Interest Rate Minimum Balance to Earn APY
Lakes Money Market Plus – with FSB Checking 0.65% 0.65% $250,000.00+
0.55% 0.55% $150,000.00
0.45% 0.45% $75,000.00
0.30% 0.30% $25,000.00
0.15% 0.15% $2,500.00
0.10% 0.10% $0.01
Money Market Advantage 0.30% 0.30% $75,000.00+
0.20% 0.20% $25,000.00
0.07% 0.07% $2,500.00
0.05% 0.05% $0.01

* Annual Percentage Yield. Fees may be reducing earnings.


APPLY NOW

Effective Date: January 21, 2025

Product APY* Interest Rate Minimum Balance to Earn APY
Premium Health Savings Accounts (HSA) 0.25% 0.25% $25,000.00
0.15% 0.15% $10,000.00
0.10% 0.10% $2,500.00
0.05% 0.05% $1,000.00
0.05% 0.05% $0.01
Kids’ Account 0.03% 0.03% $0.50
Statement Savings 0.07% 0.07% $5,000.00
0.05% 0.05% $100.00
Lakes Plus Savings¹ 0.07% 0.07% .01 – $49,999
2.25% 2.23% $50,000 – $99,999
2.75% 2.72% $100,000 – $249,999
3.25% 3.20% $250,000 – $499,999
3.75% 3.69% $500,000+

* Annual Percentage Yield. Fees may be reducing earnings.

¹This account is offered exclusively to FSB checking account customers. A $100 minimum deposit is required to open this account. A minimum balance of $2,500 is required to avoid a monthly service charge. Annual percentage yield is effective 12/20/24. Rates are subject to change without notice.


APPLY NOW

Effective Date: January 21, 2025

Product APY* Interest Rate Minimum Balance to Earn APY
Choice Checking 0.01% 0.01% Varies
PassKey Checking 0.01% 0.01% Varies
All Others (when applicable) 0.01% 0.01% Varies
Interest on Lawyers Trust Accounts (IOLTA) 2.00% 2.00% Varies

* Annual Percentage Yield. Fees may be reducing earnings.


APPLY NOW

Visa® Debit & Credit Cards

Shopping has never been easier!

Accessibility Toolbar

You are now leaving the FSB website.

FSB is not responsible for the content or accuracy of information, the availability or security of this linked website.

You will be redirected to

Click the link above to continue or CANCEL