Ben Franklin Bank
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Interest rates and annual percentage yields are effective as of May 20, 2017 and may change at any time. Account terms and conditions are available in our Deposit/Business Account Disclosures.

Special Rate Promotions

Term Interest Rate Annual Percentage Yield
18 Month 1.39%  1.40% 
30 Month  1.79%  1.80% 

Personal Accounts

Certificate of Deposit*
Term Interest Rate Annual Percentage Yield
91 Day 0.10% 0.10%
6 Month 0.15% 0.15%
12 Month 0.25% 0.25%
18 Month see above see above
24 Month 0.35% 0.35%
30 Month see above see above
36 Month 0.45% 0.45%
48 Month 0.50% 0.50%
60 Month 0.70% 0.70%
*The minimum balance to open a certificate account is $1,000 unless otherwise stated. Certificate accounts are available as IRA accounts only for terms of one year and over.  We use the daily balance method to calculate the interest on your account.  This method applies a daily periodic rate to the principal in the account each day.  We may impose a penalty if you withdraw any of the deposited funds before the maturity date of the Certificate of Deposit.  Rates shown above are subject to change.  Fees may reduce earnings.  Please call a personal banker for additional information.
 
Savings Accounts
Account Type Interest Rate Annual Percentage Yield
Passbook Savings 0.15% 0.15%
Statement Savings 0.15% 0.15%
Premier Plus Money Market* .01-$9,999 = .10%
$10,000-$24,999 = .10%
$25,000-$49,999 = .15%
$50,000-$99,999 = .15%
$100,000 and higher = .15%
.01-$9,999 = .10%
$10,000-$24,999 = .10%
$25,000-$49,999 = .15%
$50,000-$99,999 = .15%
$100,000 and higher = .15%
 *Check printing charges may apply.

Checking Accounts*
Account Type Interest Rate Annual Percentage Yield
Interest Checking 0.05% 0.05%
Premier Checking .01-$4,999 = 0.05%
$5,000 -$14,999 = 0.05%
$15,000-$24,999 = .05%
$25,000-$49,999 = .10%
$50,000 and higher = 0.10%
.01-$4,999 = 0.05%
$5,000 -$14,999 = 0.05%
15,000-$24,999 = .05%
$25,000-$49,999 = 0.10%
$50,000 and higher = 0.10%
*Check printing charges may apply.
 

Business Banking Accounts

Savings Accounts
Account Type Interest Rate Annual Percentage Yield
Business Statement Savings 0.15% 0.15%
Business Money Market* .01-$9,999 = .10%
$10,000-$24,999 = .10%
$25,000-$49,999 = .15%
$50,000-$99,999 = .15%
$100,000 and higher = .15%
.01-$9,999 = .10%
$10,000-$24,999 = .10%
$25,000-$49,999 = .15%
$50,000-$99,999 = .15%
$100,000 and higher = .15%
 *Check printing charges may apply.

Checking Account
Account Type Interest Rate Annual Percentage Yield
**Commercial Checking
(Subject to Analysis)
Earnings Credit
(Refer to Business Account Disclosure for Details)
N/A
**The 3-Month Treasury Bill Rate as of 05/01/17 is 0.83%  Check printing charges may apply.

 




 
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