IRAs
Your future awaits
Overview
Get a leg up on the future - save for retirement while reducing your annual taxes with an Individual Retirement Account (IRA) invested in a First Federal Savings Account or Certificate of Deposit. You’ll have several options to choose from. Pick when you pay taxes on that money. Pick whether your interest rate stays fixed or changes with the market. Then watch your savings grow.
To open an IRA, please visit any one of our convenient banking center locations.
Benefits
Traditional or Roth IRA available
Choice of fixed or variable interest rates
FDIC insured
- $100 minimum deposit to open an IRA Savings Account
- $1,000 minimum deposit to open an IRA Certificate of Deposit (Interest rate will change to the current rate available at the time of maturity)
IRA Savings Deposit Rates
Rates accurate as of 5/24/2025 and subject to change without notice.
| Minimum Balance to Earn APY | Interest Rate | APY* |
|---|---|---|
| $0 – $999.99 | 0.20% | 0.20% |
| $1,000 and over | 0.20% | 0.20% |
Requires a $100 deposit to open.
*APY = Annual Percentage Yield. Rate can change after account is opened. IRS penalty for early withdrawal may apply.
*Fees may reduce earnings.
So what's right for me?
Investing in an IRA is a big decision. Don’t worry - we have the answers to the questions that are probably on your mind. From taxes to how to apply, we have you covered.
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