Bank · FDIC insured
Franklin Savings Bank Savings Rates
Franklin Savings Bank’s best savings rate is 0.15% APY on $10,000, with its Money Market Account. Rates checked October 22, 2026.
How Franklin Savings Bank’s savings rates compare
Compared with banks and credit unions in Maine, where Franklin Savings Bank has the most branches. $10,000, best rate first.
This bank’s best
Franklin Savings Bank
0.15%APY
- Minimum
- $1,000
- Earns on $10,000 a year
- $15
Money Market Account
Top rate
Lighthouse Credit Union
3.85%APY
- Minimum
- —
- Earns on $10,000 a year
- $385
2nd-highest rate
Northeast Bank
3.50%APY
- Minimum
- $2,500
- Earns on $10,000 a year
- $350
Franklin Savings Bank savings score
68
Savings score
Higher than 21% of U.S. banks and credit unions
- $1,000 balance$1,0000.15%
- $10,000 balance$10,0000.15%
- $100,000 balance$100,0000.85%
- QualifiedQualified0.15%
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 Savings 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.
Money Market Account
0.15%APY
Variable rate account; interest rate and APY may change at any time. $10.00 monthly fee applies if balance falls below $1,000. Fees could reduce earnings on the account.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $25,000Variable rate; $10.00 monthly fee if balance falls below $1,000. | 0.15% | $15 | Variable rate; $10.00 monthly fee if balance falls below $1,000. |
| $25,000 – $100,000Variable rate; $10.00 monthly fee if balance falls below $1,000. | 0.25% | — | Variable rate; $10.00 monthly fee if balance falls below $1,000. |
| $100,000 – $250,000Variable rate; $10.00 monthly fee if balance falls below $1,000. | 0.85% | — | Variable rate; $10.00 monthly fee if balance falls below $1,000. |
| $250,000 – $500,000Variable rate; $10.00 monthly fee if balance falls below $1,000. | 1.00% | — | Variable rate; $10.00 monthly fee if balance falls below $1,000. |
| $500,000 – $1,000,000Variable rate; $10.00 monthly fee if balance falls below $1,000. | 1.52% | — | Variable rate; $10.00 monthly fee if balance falls below $1,000. |
| $1,000,000 and upVariable rate; $10.00 monthly fee if balance falls below $1,000. | 2.02% | — | Variable rate; $10.00 monthly fee if balance falls below $1,000. |
Statement Savings
0.03%APY
$50 minimum balance to avoid a $2 monthly fee. Absent of maintenance and activity fees as long as minimum balance of $50 is maintained.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $50Variable rate. Balance from $0.01-$49.99. $2 monthly fee if balance falls below $50. | 0.01% | — | Variable rate. Balance from $0.01-$49.99. $2 monthly fee if balance falls below $50. |
| Up to $1,000Variable rate. Balance from $50.00-$999.99. No monthly fee as balance is $50 or more. | 0.01% | — | Variable rate. Balance from $50.00-$999.99. No monthly fee as balance is $50 or more. |
| $1,000 – $50,000Variable rate. Balance from $1,000.00-$49,999.99. No monthly fee as balance is $50 or more. | 0.03% | $3 | Variable rate. Balance from $1,000.00-$49,999.99. No monthly fee as balance is $50 or more. |
| $50,000 and upVariable rate. Balance $50,000 and higher. No monthly fee as balance is $50 or more. | 0.03% | — | Variable rate. Balance $50,000 and higher. No monthly fee as balance is $50 or more. |
Special-purpose accounts
Smart Savings Club Account
0.50%APY
Smart Savings Club Account matures in October, funds automatically transferred to account of choice. Flexible contributions.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceAccount matures in October.Any balance | 0.50% | $50 | Account matures in October. |
My Ca$h Sta$h Statement Savings
0.20%APY
Available to those 18 and under with co-signature. No minimum balance requirement. Includes special gift valued at no more than $10. Monthly statements. ATM card provided. Transition to 12-month CD available at $100 balance.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceFor youth 18 and under with adult co-signer. No minimum balance.Any balance | 0.20% | $20 | For youth 18 and under with adult co-signer. No minimum balance. |
Health Savings Account (HSA)
0.10%APY
Health Savings Account. No monthly service charge. No minimum balance requirement. Free HSA debit card and checks. Variable interest rate. Pre-tax savings and tax-deductible contributions.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceVariable rate. No monthly service charge. No minimum balance. $50 opening deposit required to obtain APY.Any balance | 0.10% | $10 | Variable rate. No monthly service charge. No minimum balance. $50 opening deposit required to obtain APY. |
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.