Deposit Products

Personal Checking | Business Checking | Savings
Certificates of Deposit | Individual Retirement Accounts
Health Savings Account | Agreements and Disclosures

91 Day - 182 Day
1 Year – 5 Year
3 Year Youth Variable Certificate

Our Certificates of Deposit are designed to give you a higher rate of return in exchange for a time commitment on your deposit. Interest rates are guaranteed for the term of the Certificate. Interest begins to accrue on the day of deposit. Certificates of Deposit will automatically renew at maturity, unless otherwise directed by the customer. We also offer Specials on certain certificates from time to time.

91 Day – 182 Day (See Current Rates)

• Minimum opening balance is $1,000
• Interest can be paid monthly by check or transferred to another account
• Interest does not compound during these terms
• Additional deposits are allowed only at maturity
• An *interest penalty will be charged on non-interest funds withdrawn prior to maturity

1 Year – 5 Year (See Current Rates)

• Minimum opening balance is $1,000
• Interest can be paid monthly or quarterly by check or transferred to another account.
• Interest is compounded and posted quarterly if added back to certificate
• Additional deposits are allowed only at maturity
• An *interest penalty will be charged on non-interest funds withdrawn prior to maturity

3 Year Youth Variable Rate Certificate (See Current Rates)

Learning to save is an important lesson for children of all ages! This account is a great way for children to save, or for parents to save for future college expenses.

• Available to children under 18 years of age with an adult trustee
• Minimum opening balance is $250
• Rate is subject to change quarterly based on rate paid by First Federal on three year fixed rate certificate on 15th of the month prior to quarter end (Mar., Jun., Sep., and Dec)
• Interest compounds and is posted quarterly to the account
• Deposits may be made to this account in any amount without extending the maturity date
• An *interest penalty will be charged on non-interest funds withdrawn prior to maturity

*All Certificates of Deposit will be charged an interest penalty on non-interest funds withdrawn before maturity according to the following schedule.

Term 91 day 182 day – 1 Year 13 month 2 years and above

Early Withdrawal Penalty all interest earned one month of interest three months of interest six months of interest