Deposit Products

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

1 Year IRA – 5 Year IRA
5 Year Variable Rate IRA

Our IRA is a savings plan which allows you to prepare for your retirement and may also provide tax advantages. You may want to transfer an existing IRA, or convert another qualified retirement plan to a First Federal IRA account. Choose between our Traditional or Roth IRA plans, whichever suites your tax situation.

1 Year IRA – 5 Year IRA (See Current Rates)

• Minimum opening balance is $250
• Additional deposits are allowed only at maturity
• Interest is compounded and posted quarterly to account
• No annual fee
• Certificate *penalty fee waived if over 59 1/2
• An Internal Revenue Service penalty may apply for withdrawals
  prior to age 59 1/2

5 Year Variable Rate IRA (See Current Rates)

• Minimum opening balance is $250
• Deposits may be made to this account at any time without extending the maturity date
• Interest is compounded and posted quarterly to account
• No annual fee
• Certificate *penalty fee waived if over 59 1/2
• An Internal Revenue Service penalty may apply for withdrawals
  prior to age 59 1/2

*All Certificates of Deposit will be charged an interest penalty on non-interest funds withdrawn before maturity according to the following schedule.