Bank · FDIC insured
Franklin Bank Savings Rates
Franklin Bank’s best savings rate is 0.07% APY on $10,000, with its Statement Savings Account. Rates checked October 22, 2026.
How Franklin Bank’s savings rates compare
Compared with banks and credit unions near Philadelphia, PA-NJ-DE-MD, where Franklin Bank has the most branches. $10,000, best rate first.
This bank’s best
Franklin Bank
0.07%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $7
Statement Savings Account
Top rate
Woori America Bank
5.00%APY
- Requires
- Monthly account activity
- Minimum
- $1,000
- Earns on $10,000 a year
- $500
2nd-highest rate
Comenity Capital Bank
4.05%APY
- Requires
- None
- Minimum
- $100
- Earns on $10,000 a year
- $405
Franklin Bank savings score
62
Savings score
Higher than 7% of U.S. banks and credit unions
- $1,000 balance$1,0000.07%
- $10,000 balance$10,0000.07%
- $100,000 balance$100,0000.07%
- QualifiedQualified0.07%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Franklin Bank ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Statement Savings Account
0.07%APY
No monthly fee for daily balances of $200 or above; $3 monthly fee for daily balances below $200. Interest rate and APY are variable and subject to change without notice.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $200 and upMinimum balance required to earn APY is $200.00. Quarterly crediting; simple interest calculation (365/365). Monthly fee waived for daily balances of $200 or above.$200 and up | 0.07% | $7 | Minimum balance required to earn APY is $200.00. Quarterly crediting; simple interest calculation (365/365). Monthly fee waived for daily balances of $200 or above. |
Sources (2)
All captured Oct 15, 2026
Special-purpose accounts
Savings Club Account
1.65%APY
Designed for periodic deposits toward holidays and year-end expenses. An early withdrawal penalty may apply. Interest rate and APY are variable and subject to change without notice.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upMinimum balance required to earn APY is $5.00. Crediting method at maturity; simple interest calculation (365/365).$5 and up | 1.65% | $165 | Minimum balance required to earn APY is $5.00. Crediting method at maturity; simple interest calculation (365/365). |
Sources (2)
All captured Oct 15, 2026
IRA Savings
0.15%APY
IRS penalty for early withdrawal may be imposed. Interest rate and APY are variable and subject to change without notice.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $5,000Tier $0-$4,999.99. Credited quarterly; compounded daily (365/365). | 0.05% | — | Tier $0-$4,999.99. Credited quarterly; compounded daily (365/365). |
| $5,000 – $10,000Tier $5,000-$9,999.99. Credited quarterly. | 0.10% | — | Tier $5,000-$9,999.99. Credited quarterly. |
| $10,000 and upTier $10,000 & Up. Credited quarterly. | 0.15% | $15 | Tier $10,000 & Up. Credited quarterly. |
Sources (1)
- franklinbnk.com/home/rates-fees/deposit-rates · captured Oct 15, 2026
Youth Savings (UTMA)
0.07%APY
For savers younger than 21 years old. Interest rate and APY are variable and subject to change without notice.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $50 and upMinimum balance required to earn APY is $50.00. Quarterly crediting; simple interest calculation (365/365).$50 and up | 0.07% | $7 | Minimum balance required to earn APY is $50.00. Quarterly crediting; simple interest calculation (365/365). |
Sources (2)
All captured Oct 15, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.