Statement Savings

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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 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% interest*

Automatic withdrawals and deposits from accounts

Free mobile and online banking

  • Earn up to 0.15% interest*
  • Automatic withdrawals and deposits from your First Federal checking account
  • No 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

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Rates

Minimum Balance Rate APY*
$0-$9994 0.10% 0.10%
$1,000 and Over 0.15% 0.15%

* - Annual Percentage Yield. Rate can change after account is opened. Fees can reduce earnings on the account.

4 - Minimum balance to avoid monthly service fee is $200.

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