The Business Advantage Checking Account is designed especially for small business customers as well as professional associations who have moderate account activity. In addition to minimizing monthly checking maintenance fees, it offers flexibility and additional product savings.

• No monthly maintenance fee with a combined average balance of $10,000.00* in any combination of Franklin Savings Bank deposit accounts -- both Business and Personal accounts -- including:
  • Personal or Business Checking
  • Savings
  • Money Market Accounts
  • Certificates of Deposit
  • Individual Retirement Accounts
• $500.00 minimum deposit to open account
• Minimum balance requirement is reduced to $5,000.00 with a Franklin Savings Bank business loan balance of $10,000.00 or more*.
• 200 free transactions per statement cycle including 150 checks paid and 50 deposits. (If transaction limits are exceeded, then regular business checking account fees of $ .15 per check paid and $ .50 per deposit will apply for each check paid after 150 and each deposit after 50.)
• 10% discount on standard prices for checks and related supplies.

* If average monthly balances fall below the required relationship amounts, the monthly maintenance fee of $20.00 will apply.

Competitive fees and charges are as follows:

• $.50 per deposit made
• $.10 per item deposited
• $.15 per check paid
• $5.00 monthly maintenance charge
• $100 minimum deposit to open account
• Earnings credit used to offset account activity charges

Apply for a new Business Checking Account
Funds Availability Disclosure
Electronic Funds Transfer Policy
Meet Our Business & Relationship Development Officer

Free Business Checking

Enjoy all of the benefits of a Franklin Savings Bank Business Checking account without the minimum balances and fees! This account provides our business customers with the convenience of a full service transaction account with added services, at no extra cost.

• No monthly maintenance fee
• No minimum balance requirement
• 100 free transactions (checks written and items deposited) per statement cycle; additional items are just $0.50 each
• Free online banking and bill pay with I-Bank24
• Free telephone banking with Phone24
• Free Business Check Card for each authorized user

Sole Proprietor Checking

Most sole proprietors find it difficult to operate a "business" checking account that can accommodate their needs, at a price they can afford. Franklin Savings Bank has specifically developed this account, to provide the small business owner an opportunity to operate a checking account at very reasonable rates.

• Interest earned on full daily balances of $500 or more
• no monthly maintenance charge if balance remains above $500 during the statement cycle
• $7 service charge if balance falls below $500
• first 25 checks paid during the statement cycle are at no charge; each additional check is assessed a $.15 charge
• $100 to open

 Apply for a new Sole Proprietor Checking Account
Truth in Savings Disclosure
Funds Availability Disclosure
Electronic Funds Transfer Policy
Meet Our Business & Relationship Development Officer