Bank of Franklin County savings and CD rates
Bank of Franklin County advertises 0.05% APY on its BFC Premier Savings account. That is 0.33 percentage points below the national savings average of 0.38% (FDIC, Aug 2026).
A checking account at the bank is required.
Ranked #505 of 645 tracked savings rates by advertised APY. For a $10,000 balance it would rank #465.
Estimate your earnings·What Bank of Franklin County actually pays
Bank of Franklin County at a glance
| Savings | |
|---|---|
| Top savings APY | 0.05% · BFC Premier Savings · checking account required |
| Minimum to open | $25 · BFC Premier Savings |
| Against the national average | 0.33 percentage points below the 0.38% FDIC savings average (Aug 2026) |
| CDs | |
| Top CD APY | 4.90% · 18 months · 18 Month YOUTH Fair CD Special |
| Minimum to open | $100 · 18 months CD |
| FDIC certificate | 35543 · Washington, MO |
|---|---|
| Website | www.bankoffranklincounty.com |
| Branches | 6 branches in MO |
| Availability | Available in MO |
Bank of Franklin County savings and CD rates
Personal
IRA
Business
How the rate applies
Rates are APY. The national savings average is 0.38% (FDIC, Aug 2026). The top tracked savings rate on Banksparency is 5.00%. Across 57 savings accounts from 55 banks in the Banksparency core savings index, the median advertised rate is 3.51%, and one account in ten advertises 4.01% or more. See the highest savings rates.
Bank of Franklin County CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 3 months | 3.65% | $500 | 90 Day CD Special |
| 5 months | 3.65% | $500 | 5 Month CD Special |
| 6 months | 3.55% | $500 | 6 Month Certificate |
| 10 months | 3.55% | $500 | 10 Month CD Special |
| 12 months | 3.55% | $500 | 12 Month Certificate |
| 15 months | 4.15% | $500 | 15 Month CD Special |
| 18 months | 4.90% | $100 | 18 Month YOUTH Fair CD Special |
| 18 months | 3.49% | $500 | 18 Month Certificate |
| 24 months | 3.97% | $500 | 24 Month Certificate |
| 36 months | 3.44% | $500 | 36 Month Certificate |
| 48 months | 3.44% | $500 | 48 Month Certificate |
| 60 months | 4.34% | $500 | 60 Month Certificate |
| IRA CDs | |||
| 60 months | 1.31% | $500 | Educational IRA 60 Mo CD |
Interactive Tool
Calculate Savings for Bank of Franklin County
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$187.40(1.3%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,187.40
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Bank of Franklin County pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced all of its deposits over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined.
In Q1 2026, Bank of Franklin County paid a higher average rate than 60% of U.S. banks (all-bank median 2.27%).
- Bank of Franklin County, avg rate paid
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers every account that earns interest: savings, interest checking, money market accounts, CDs, and personal and business accounts at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older balances at the rates of earlier years, everyday transaction balances, and CDs that were priced in a different rate environment. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rate paid on interest-bearing deposits, quarterly. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Personal | ||||||||
| Health Savings Account | 0.50% | $1 | $0 | None | not stated | None | One rate | |
| CLUB Account (with auto deposit) | 0.10% | $1 | $0 | None | not stated | None | One rate | |
| Franklin Jr. Savings | 0.10% | $25 | $0 | None | not stated | None | One rate | |
| BFC Premier Savings | 0.05% | $25 | $0 | None | not stated | Checking account | Tiered | |
| Club Account | 0.05% | $1 | $0 | None | not stated | None | One rate | |
| Freedom Savings | 0.05% | $25 | $0 | None | not stated | None | Tiered | |
| Business | ||||||||
| Money Market (Commercial) | 0.35% | $25 | $0 | None | not stated | None | Tiered | |
| Business Growth Savings | 0.05% | $25 | $0 | None | not stated | Checking account | Tiered | |
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
CDs
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| Personal CDs | |||||
| 90 Day CD Special | 3 months | 3.65% | $500 | not stated | not stated |
| 5 Month CD Special | 5 months | 3.65% | $500 | not stated | not stated |
| 6 Month Certificate | 6 months | 3.55% | $500 | not stated | not stated |
| 10 Month CD Special | 10 months | 3.55% | $500 | not stated | not stated |
| 12 Month Certificate | 12 months | 3.55% | $500 | not stated | not stated |
| 15 Month CD Special | 15 months | 4.15% | $500 | not stated | not stated |
| 18 Month YOUTH Fair CD Special | 18 months | 4.90% | $100 | not stated | not stated |
| 18 Month Certificate | 18 months | 3.49% | $500 | not stated | not stated |
| 24 Month Certificate | 24 months | 3.97% | $500 | not stated | not stated |
| 36 Month Certificate | 36 months | 3.44% | $500 | not stated | not stated |
| 48 Month Certificate | 48 months | 3.44% | $500 | not stated | not stated |
| 60 Month Certificate | 60 months | 4.34% | $500 | not stated | not stated |
| IRA CDs | |||||
| Educational IRA 60 Mo CD | 60 months | 1.31% | $500 | not stated | not stated |
Opening and using the account
| Availability | Available in MO |
|---|---|
| Footprint | 6 branches in MO |
| Eligibility | not stated |
How Bank of Franklin County behaves over time
Every observation of the advertised BFC Premier Savings rate in the last 12 months was 0.05% (observed through Sep 9, 2026). The series includes promotional tiers where one applied.
- Rate last changed
- Sep 6, 2026(effective date)
$10,000 at the 0.05% APY Bank of Franklin County advertises on BFC Premier Savings grows to $10,005 in a year. Prices rose 3.4% in the year to July 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,680 does today. See how the federal funds rate shapes savings rates.
Bank of Franklin County CD rates over time
Who is Bank of Franklin County?
| Headquarters | Washington, MO |
|---|---|
| Founded | 2000 |
| Scale | $416M assets · $350M deposits, $289M of it interest-bearing (Q1 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 35543 |
Financial detail is in What Bank of Franklin County pays on deposits above.
Common questions about Bank of Franklin County
Is Bank of Franklin County FDIC insured?
Yes. Bank of Franklin County is FDIC insured under certificate 35543, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Bank of Franklin County?
Bank of Franklin County requires a minimum deposit of $25 to open its BFC Premier Savings account, as observed on Sep 9, 2026. Check the bank's current terms before you open an account.
Does Bank of Franklin County have branches?
Yes. Bank of Franklin County operates 6 branches according to FDIC branch records, in addition to its website and mobile apps.
Bank of Franklin County against its closest alternatives
| Bank | Savings APY | Rate paid (Q1 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Bank of Franklin County | 0.50% | 2.43% | $1 | 6 branches in MO |
| American Bank and Trust Company, National Association | 2.84% | 2.03% | not stated | 8 branches in IA, IL |
| American Heritage Bank | 2.15% | 1.94% | $5,000 | 24 branches in OK |
| Arundel Federal Savings Bank | 0.80% | 2.18% | $1,000 | 5 branches in MD |
Alternatives are the three tracked banks whose highest savings APY is closest to Bank of Franklin County's.
Similar banks and rate hubs
Banks in the same rate band with the same product mix:
Rate hubs: today's highest savings rates, and CD rates by term.