Franklin Savings Bank (ME)

197 Main Street
Farmington, ME 4938
800-287-0752
www.franklinebranch.com

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Franklin Savings Bank (ME) is headquartered in Farmington and is the 21^st largest bank in the state of Maine. It is also the 1,984^th largest bank in the nation. It was established in 1868 and as of March of 2012, it had grown to 102 employees at 8 locations. Franklin Savings Bank (ME) has a 5-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

Franklin Savings Bank (ME) Checking Account Rates

	Apy	Min	Max	Product
	0.05%	-	-	NOW Account

Franklin Savings Bank (ME) Savings Account Rates

Apy	Min	Max	Product
0.30%	$100	-	My Ca$h Sta$h Statement Savings
0.20%	-	-	Christmas Club
0.20%	$50k	-	Statement Savings

Franklin Savings Bank (ME) Money Market Rates

	Apy	Min	Max	Product
	0.40%	$100k	-	Money Market Account

Franklin Savings Bank (ME) CD Rates

Apy	Min	Max	Product
1.65%	$2,500	-	59 Month CD Special
1.40%	$500	-	5 Year CD
0.90%	$2,500	-	38 Month CD Special
0.75%	$500	-	3 Year CD
0.60%	$2,500	-	25 Month CD Special
0.50%	$2,500	-	15 Month CD Special
0.50%	$500	-	2 Year CD
0.45%	$500	-	18 Month CD
0.35%	$2,500	-	9 Month CD Special
0.30%	$500	-	1 Year CD
0.30%	$100	-	12 Month My Ca$h Sta$h CD
0.25%	$500	-	182 Day CD
0.20%	$2,500	-	91 Day CD

Franklin Savings Bank (ME) IRA Rates

Apy	Min	Max	Product
1.65%	$2,500	-	59 Month IRA Special
1.65%	$2,500	-	59 Month Roth IRA Special
1.65%	$2,500	-	59 Month Coverdell ESA Special
1.40%	$500	-	5 Year IRA
1.40%	$500	-	5 Year Roth IRA
1.40%	$500	-	5 Year Coverdell ESA
0.90%	$2,500	-	38 Month IRA Special
0.90%	$2,500	-	38 Month Roth IRA Special
0.90%	$2,500	-	38 Month Coverdell ESA Special
0.75%	$500	-	3 Year IRA
0.75%	$500	-	3 Year Roth IRA
0.75%	$500	-	3 Year Coverdell ESA
0.60%	$2,500	-	25 Month IRA Special
0.60%	$2,500	-	25 Month Roth IRA Special
0.60%	$2,500	-	25 Month Coverdell ESA Special
0.50%	$2,500	-	15 Month IRA Special
0.50%	$500	-	2 Year IRA
0.50%	$2,500	-	15 Month Roth IRA Special
0.50%	$500	-	2 Year Roth IRA
0.50%	$2,500	-	15 Month Coverdell ESA Special
0.50%	$500	-	2 Year Coverdell ESA
0.45%	$500	-	18 Month IRA
0.45%	$500	-	18 Month Roth IRA
0.45%	$500	-	18 Month Coverdell ESA
0.35%	$2,500	-	9 Month IRA Special
0.35%	$2,500	-	9 Month Roth IRA Special
0.35%	$2,500	-	9 Month Coverdell ESA Special
0.30%	$500	-	1 Year IRA
0.30%	$100	-	18 Month Variable IRA
0.30%	$500	-	1 Year Roth IRA
0.30%	$100	-	18 Month Variable Roth IRA
0.30%	$500	-	1 Year Coverdell ESA
0.30%	$100	-	18 Month Variable Coverdell ESA
0.25%	$500	-	182 Day IRA
0.25%	$500	-	182 Day Roth IRA
0.25%	$500	-	182 Day Coverdell ESA
0.20%	$2,500	-	91 Day IRA
0.20%	$2,500	-	91 Day Roth IRA
0.20%	$2,500	-	91 Day Coverdell ESA

Rates updated: 5/25/2012

Data for Q1 2012

Institution Statistics

Franklin Savings Bank
FDIC Certificate #	19836
BankRate Report	View
Year Established	1868
Employees	102
Primary Regulator	FED
Assets and Liabilities
Assets	$328.02 million
Loans	$263.81 million
Deposits	$242.20 million
Equity Capital	$78.10 million
Loan Loss Allowance	$3.40 million
Unbacked Noncurrent Loans	$4.48 million
Real Estate Owned	$493,000
Historic Data - March 2011
Assets	$324.09 million
Equity Capital	$76.97 million
Loan Loss Allowance	$3.40 million
Unbacked Noncurrent Loans	$5.60 million
Real Estate Owned	$293,000
Profit Margin - Quarterly
Net Interest Margin	4.78%
Return on Assets	0.96%
Return on Equity	3.98%
Interest Income	$4.01 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Franklin Savings Bank (ME) had $4.97 million in non-current loans and owned real-estate with $81.5 million in equity and loan loss allowances on hand to cover it. This gives Franklin Savings Bank (ME) a Texas Ratio of 6.10% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Franklin Savings Bank (ME) decreased slightly from 7.28% as of March 31, 2011 to 6.10% as of March 31, 2012, resulting in a positive change of 16.22%.This indicates that the balance sheet and financial strength for Franklin Savings Bank (ME) has improved slightly in recent periods.
Deposit Growth
In the past year, Franklin Savings Bank (ME) has increased its total deposits by $4.07 million, resulting in 1.71% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Franklin Savings Bank (ME) has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Franklin Savings Bank (ME) has $328.02 million in assets with $81.5 million in equity, resulting in a capitalization level of 24.85%, which is excellent.

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