Savings Accounts
First Federal Bank has options that are designed to help you reach your savings goals. Whether it’s for a family vacation, a new car or saving for retirement, we have an account for you. Talk to a banker today to get started. It’s never to late too save!
Freedom Money Market
With our tiered rate money market account, the more money you keep in your account, the more money you will earn.
- $2,500 minimum to open the account
- $10 monthly charge and rate converts to a lower competitive interest rate if the minimum balance falls below $2,500
Relationship Money Market
Earn higher interest rates when you have a money market account with First Federal Bank!
- Customer must have an active Relationship or Rewards checking account to open
- Pays a premium interest rate on all account balances
- $5,000 minimum to open the account
- $10 monthly charge and rate converts to a lower competitive interest rate if the average balance falls below $5,000 or the relationship requirements are not met
Statement Savings 
Keep your money readily available with this classic savings account. It’s the perfect savings companion to your checking account.
- $50 minimum to open the account
- No minimum balance requirement
- No monthly service charge
Penny the Panda Custodial Savings
Save for your child’s education or future expenses and we’ll even help!
- $5 minimum to open the account
- No minimum balance
- No monthly service charge
- First Federal Bank will match up to $5 one time during the life of the account
Certificates of Deposit (CDs)
Invest your money in a First Federal Bank CD and choose from a variety of terms to meet your savings goals.
- Available in terms from 91 days to 60 months
- $500 minimum opening balance
- Competitive rates of return
- No investment risk
Individual Retirement Accounts (IRAs)
It’s never too early to begin saving for retirement. We can help you plan for the future.
- Available in terms from 91 days to 60 months
- $500 minimum opening balance
- Guaranteed rate of return
- Certain tax advantages may apply – consult your tax advisor for more information
