Bank of Franklin County savings, CD and money market rates
Bank of Franklin County's Freedom Savings lists 0.05% APY. That is 0.33 percentage points below the national savings average of 0.38% (FDIC, Oct 2026).
Ranked #2534 of 3052 tracked savings rates by advertised APY. For a $10,000 balance it would rank #2387.
Estimate your earnings·What Bank of Franklin County actually pays
Bank of Franklin County at a glance
| Savings | |
|---|---|
| Top savings APY | 0.05% · Freedom Savings |
| Minimum to open | $25 · Freedom Savings |
| Against the national average | 0.33 percentage points below the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | Up to 5.00% · 18 months · 18 Month YOUTH Fair CD Special · relationship rate · 4.90% without the relationship |
| Minimum to open | $100 · 18 months CD |
| Money market | |
| Top money market APY | Up to 0.35% · Patriot Money Market (Personal) · needs at least $50,000 |
| Minimum to open | $25 · Patriot Money Market (Personal) |
| Against the national average | 0.28 percentage points below the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 35543 · Washington, MO |
|---|---|
| Website | www.bankoffranklincounty.com |
| Branches | 6 branches in MO |
| Availability | Available in MO |
Bank of Franklin County savings, CD and money market rates
Personal
How the rate applies
IRA
Business
How the rate applies
Rates are APY. The national savings average is 0.38% (FDIC, Oct 2026). The top tracked savings rate on Banksparency is 12.00%. Across 59 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.65%, and one account in ten advertises 4.20% or more. See the highest savings rates.
Bank of Franklin County CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 3 months | Up to3.75%Relationship rate · 3.65% without the relationship | $500 | 90 Day CD Special |
| 5 months | Up to3.75%Relationship rate · 3.65% without the relationship | $500 | 5 Month CD Special |
| 6 months | Up to3.65%Relationship rate · 3.55% without the relationship | $500 | 6 Month Certificate |
| 10 months | Up to3.65%Relationship rate · 3.55% without the relationship | $500 | 10 Month CD Special |
| 12 months | Up to3.65%Relationship rate · 3.55% without the relationship | $500 | 12 Month Certificate |
| 15 months | Up to4.25%Relationship rate · 4.15% without the relationship | $500 | 15 Month CD Special |
| 18 months | Up to5.00%Relationship rate · 4.90% without the relationship | $100 | 18 Month YOUTH Fair CD Special |
| 18 months | Up to3.60%Relationship rate · 3.49% without the relationship | $500 | 18 Month Certificate |
| 24 months | Up to4.40%Relationship rate · 4.29% without the relationship | $500 | 24 Month Certificate |
| 36 months | Up to4.60%Relationship rate · 4.50% without the relationship | $500 | 36 Month Certificate |
| 48 months | Up to3.55%Relationship rate · 3.44% without the relationship | $500 | 48 Month Certificate |
| 60 months | Up to4.45%Relationship rate · 4.34% without the relationship | $500 | 60 Month Certificate |
| IRA CDs | |||
| 60 months | Up to1.41%Relationship rate · 1.31% without the relationship | $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 the savings and money market deposits it already holds, 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 Q2 2026, Bank of Franklin County paid a higher average rate on savings and money market deposits than 14% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Bank of Franklin County, savings and money market
- 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 savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
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 savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. 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 rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. 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. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
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 | |
| Franklin Jr. Savings | 0.10% | $25 | $0 | None | not stated | None | One rate | |
| CLUB Account (with auto deposit) | 0.10% | $1 | $0 | None | not stated | None | One rate | |
| Club Account | 0.05% | $1 | $0 | None | not stated | None | One rate | |
| Freedom Savings | 0.05% | $25 | $0 | None | not stated | None | Tiered | |
| BFC Premier Savings | 0.05% | $25 | $0 | None | not stated | Linked account at the bank | Tiered | |
| Fine print: A BFC Premier Checking account is required to open this account. | ||||||||
| Patriot Money Market (Personal) | Up to 0.35% | $25 | $0 | None | not stated | None | Tiered | |
| Business | ||||||||
| Money Market (Commercial) | Up to 0.35% | $25 | $0 | None | not stated | None | Tiered | |
| Business Growth Savings | 0.05% | $25 | $0 | None | not stated | Linked account at the bank | Tiered | |
| Fine print: A commercial or small business checking account is required to open this account. | ||||||||
Fine print for 2 products above: Periodic deposits are required. Withdrawals need the bank's consent before the payout-maturity date, and a consented withdrawal can forfeit all accrued interest. On that date the balance and interest are paid out and the account returns to zero; the account closes if no deposit is made within the next 60 days. The maximum deposit allowed is $100,000.
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 | Up to 3.75% | $500 | not stated | not stated |
| 5 Month CD Special | 5 months | Up to 3.75% | $500 | not stated | not stated |
| 6 Month Certificate | 6 months | Up to 3.65% | $500 | not stated | not stated |
| 10 Month CD Special | 10 months | Up to 3.65% | $500 | not stated | not stated |
| 12 Month Certificate | 12 months | Up to 3.65% | $500 | not stated | not stated |
| 15 Month CD Special | 15 months | Up to 4.25% | $500 | not stated | not stated |
| 18 Month YOUTH Fair CD Special | 18 months | Up to 5.00% | $100 | not stated | not stated |
| Fine print: Account holders must be 22 years of age or younger and must present a ribbon or sash from a Missouri fair to open the account. One certificate per account holder, and the maximum deposit is $10,000. The offer expires 11/15/2026. | |||||
| 18 Month Certificate | 18 months | Up to 3.60% | $500 | not stated | not stated |
| 24 Month Certificate | 24 months | Up to 4.40% | $500 | not stated | not stated |
| 36 Month Certificate | 36 months | Up to 4.60% | $500 | not stated | not stated |
| 48 Month Certificate | 48 months | Up to 3.55% | $500 | not stated | not stated |
| 60 Month Certificate | 60 months | Up to 4.45% | $500 | not stated | not stated |
| IRA CDs | |||||
| Educational IRA 60 Mo CD | 60 months | Up to 1.41% | $500 | not stated | not stated |
Fine print for 12 CDs above: A higher rate applies with any checking account at Bank of Franklin County.
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 Freedom Savings rate in the last 12 months was 0.05% (observed through Oct 23, 2026). The series includes promotional tiers where one applied.
- Freedom Savings
- The same as 30 days ago.
- Rate last changed
- Oct 23, 2026(effective date)
$10,000 at the 0.05% APY Bank of Franklin County advertises on Freedom Savings grows to $10,005 in a year. Prices rose 3.7% in the year to September 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,644 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 | $419M assets · $357M deposits, $296M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 35543 |
| Charter state | Missouri · one of 194 insured banks chartered there (Q2 2026, FDIC) |
| Size | 1,984th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 39% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
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 Freedom Savings account, as observed on Oct 23, 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 on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Bank of Franklin County | 0.05% | 0.50% | $25 | 6 branches in MO |
| 1st Community Bank | 0.05% | 0.45% | not stated | 2 branches in IL |
| Arrow Bank National Association | Up to0.05% | 2.21% | $500 | 56 branches in NY |
| Bank of Holland | 0.05% | 0.37% | $0 | 3 branches in NY |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to Bank of Franklin County's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Missouri, nearest to Bank of Franklin County in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: CD rates in Missouri, and banks in Missouri.