Current Offers

Freedom Loan

60-month at 6.50% APR*

*Monthly payment of $195.66 example is based on a $10,000 loan amount at 6.50% APR (Annual Percentage Rate) and 60-month loan term, other terms available. A 0.25% Auto Pay discount is available when you to agree to make monthly principal and interest payments by an automatic monthly deduction from a checking or savings account. Advertised rates current as of 10/31/2019, subject to change at any time without notice and borrower eligibility. Not all applicants will qualify for the lowest rate. Your actual rate will depend on a variety of factors, including evaluation of your creditworthiness, income, and other conditions. The Auto Pay discount will discontinue if you cease payments by automatic deduction. Auto Pay is not required to receive a loan from FFBWI.

Checking Accounts

Business Checking

No minimum balance requirement
No monthly service or activity fees
$50 minimum to open
250 free monthly transactions – includes checks paid, checks deposited, transaction tickets, electronic payments, and electronic deposits

Learn more about our business checking accounts here.

Savings Accounts

13 Month CD Special – 0.65% APY*

*APY – Annual Percentage Yield – accurate as of 08/11/2020. Interest rates are set at the time the CD is opened. Advertised rate and APY are offered at the bank’s discretion and may change daily. Interest is compounded and credited annually and at maturity. A penalty may be imposed for early withdrawal. Fees could reduce earnings on the account. $500.00 minimum is required to open an account. Rates apply to the initial term only. CD is automatically renewed into a standard CD of the same term, at the rate offered at the time of renewal.

Bump-Up CD – 0.65% APY*

24-Month Bump-Up Certificate of Deposit Special.

*APY – Annual Percentage Yield – accurate as of 08/11/2020. Interest rates are set at the time the CD is opened. Advertised rate and APY are offered at the bank’s discretion and may change daily. Interest is compounded and credited annually and at maturity. A penalty may be imposed for early withdrawal. Fees could reduce earnings on the account. $500.00 minimum required to open an account. Customers can increase the rate of CD once during the life of the initial term up to the rate offered at the time of bump. CD is automatically renewed into a standard twelve (12) month CD, at the rate offered at the time of renewal. See your Banker for details.

12 Month Flexible Maturity Add-On CD

Set a maturity date that works for you and make deposits whenever you want, all while earning a fixed 0.20% APY* on the full balance!

*APY – Annual Percentage Yield – accurate as of 08/11/2020. Interest rates are set at the time the account is opened. Advertised rate and APY are offered at the bank’s discretion and may change daily. Unlimited deposits allowed. Interest is compounded and credited annually and at maturity. Penalty may be imposed for early withdrawal. Fees could reduce earnings on the account. $100.00 minimum required to open account. Maturity date is chosen by the customer and set at the time the account is opened, must be at least six (6) months from opening date. CD is automatically renewed into a standard twelve (12) month CD term based on selected maturity date, at the rate offered at the time of renewal. Refer to account disclosures for full details.

Rewards Money Market

Earn a 0.60% APY* on your full account balance.

0.60% APY* rate good for one (1) year, after which the rate will be determined at First Federal Bank’s discretion.
Must open the account with at least $20,000 in new-to-the bank money and maintain a minimum balance of $20,000.
Must have a corresponding Rewards or Relationship Checking account to open.

*APY – Annual Percentage Yield – accurate as of 08/11/2020. Interest rates are set at the time the account is opened. Advertised rate and APY are offered at the bank’s discretion and may change daily. Interest for the Rewards Money Market account is compounded and credited monthly. Minimum opening deposit of $20,000. Minimum balance requirement of $20,000 or $10 service fee and the rate will revert to 0.05% on all balances for the statement cycle. Fees may reduce earnings. Must have a corresponding Rewards or Relationship Checking account. Other fees such as non-sufficient funds, overdraft, sustained overdraft fees, dormancy fees, etc. may apply. See fee schedule for details. All promotions are subject to all applicable rules and regulations, change or cancellation. See account terms and conditions for full details. Ask us for details. Bank rules and regulations apply.