Franklin Synergy Bank
Category: CD Rates, Local Bank Deals, Savings Account Rates- fhuff- 3:00 pm/ December 30, 2010Open a Franklin Synergy Bank e-Savings Account and earn 1.51 percent annual percentage yield (APY) on balances of $25,000 and up. The online savings account has a 0.8 percent APY for balances below $25,000. Details of the savings offer include:
- Minimum opening deposit of $500
- Receive monthly statements by email or pay $3 per mailed statement
- Interest is paid quarterly
After six transactions you may be charged a fee for excessive transactions. If you continue exceeding the number of transactions each month, you may be forced to convert the savings account to one that allows unlimited transactions.
Franklin Synergy Bank also has an eCD that earns 1.51% APY over a term of 18 months. The interest earned must be credited each month to a Franklin Synergy Bank savings or checking account. A certificate of deposit can be opened with a minimum of $1,000. The maximum single CD value is limited to $99,999 or less, and total CD values are limited to $500,000 per customer. Other CD rates and terms are available at the bank.
Franklin Synergy Bank is based in Franklin, Tenn. Accounts at the bank are insured by the Federal Deposit Insurance Corp. (FDIC).

