Certificates of Deposit

We’ve Got A Certificate of Deposit That’s Right For You

Our Certificates of Deposits offer guaranteed yields, flexibility, and the safety of FDIC insurance. That’s because you lock in a high yield that’s guaranteed from the day you open the account until the day it matures. You know exactly what return you’ll get and when you’ll get it.

Your investment is safe because First Federal CDs are backed by the Federal Deposit Insurance Corporation for up to $250,000 per individual – making them as safe as any investment in the world.

We offer Certificates of Deposit at competitive rates and in a broad range of maturities, each designed with a particular goal in mind.

Rate APY* Minimum
Add-On CD 0.50% 0.50% $100.00
91 days  0.45% 0.45% $500.00
6 months (182 days) 0.50% 0.50% $500.00
1 year 0.70% 0.70% $500.00
18 month 0.80% 0.80% $500.00
21 month 1.00% 1.00% $500.00
2 years 0.90% 0.90% $500.00
3 years 1.10% 1.10% $500.00
4 years 1.30% 1.30% $500.00
5 years 1.50% 1.50% $500.00
3 year BUMP-UP 1.00% 1.00% $500.00 
4 year BUMP-UP 1.20% 1.20%  $500.00 
5 year BUMP-UP  1.40% 1.40%  $500.00 

Add-On Certificate

  • Pick your first maturity date
  • Add any amount, anytime you want
  • Great for Escrow or Holiday savings
  • Only a $100 minimum

No Limit CDs through CDARS

A Great Service for Large Deposit Investors

With our No Limit CD program through the Certificate of Deposit Account Registry Service (CDARSSM), large deposits can now be placed into smaller denomination CDs at multiple institutions.

This service can offer you significant benefits:

  • Safety of FDIC insurance for large deposits
  • CD interest
  • Management Convenience
  • Security of working with a trusted, local source

Having your funds placed in the No Limit CD program through CDARS couldn’t be easier or more convenient. To get started, please call or stop by First Federal today to speak to one of our customer service representatives.

* Annual Percentage Yield

Rates subject to change, a penalty may be imposed for early withdrawal.
See Disclosures for details.