Savings & Money Market

Statement Savings Account

Watch your savings grow with this interest bearing, low minimum balance account.

  • No fee for daily balances of $200 or above
    • $3 monthly fee for daily balances below $200

Youth Savings (UTMA)

This account is perfect for savers younger than 21 years old. With only a $1 needed to open and the ability to earn interest, great savings habits can start early.

Savings Club Account

Let Franklin help you save for holidays and year-end expenses with periodic deposits of your choice and interest to help your club account grow.  Click here to see the Savings Club Account Disclosure.

 

Money Market Plus

The convenience of a checking account with the interest of a savings account.

  • No monthly fee for daily balances of $1,000 and over
    • $10 monthly fee if daily balance falls below $1,000.
  • Tiered interest paid on balances of $5,000 and over
  • Unlimited over-the-counter withdrawals

 

Note: On April 24, 2020, the Board of Governors issued an interim final rule amending Regulation D to delete the six per month limit on convenient transfers from savings deposit accounts.  Savings deposit accounts include Basic Savings, Statement Savings and Money Market Deposit Accounts.