Statement Savings
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
Deposit Rates
Rates accurate as of 4/26/2025 and subject to change without notice.
| Minimum Balance to Earn APY | Interest 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.
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