Statement Savings

Open account

An account you'll love

Overview

With Statement Savings, you can watch your money grow in an interest-bearing account.* That’s free money for you! Plus, you can link it with your First Federal checking account for overdraft protection and schedule automatic transfers from your checking account to help your savings rise.

Benefits

Earn up to 0.15% APY*

Automatic withdrawals and deposits from accounts

Free mobile and online banking

  • Earn up to 0.15% APY*
  • Automatic withdrawals and deposits from your First Federal checking account
  • No maintenance service charge if your account balance stays above $200
  • Link with a First Federal checking account for overdraft protection
  • Free e-statements (Paper statements available by mail for $3 per month)
  • Free mobile and online banking

Open account

Deposit Rates

Rates accurate as of 4/27/2024 and subject to change without notice.

Minimum Balance Rate APY*
$0-$999.99 0.10% 0.10%
$1,000 and over 0.15% 0.15%

Requires a $25 deposit to open.
*APY = Annual Percentage Yield. Rate can change after account is opened. Fees can reduce earnings on the account.

Show your money who's boss.

Do you work for your money or does your money work for you? Find out how you can be master of your money. Get the free ebook.

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