CDs pay a higher rate of interest than savings accounts and are a wise choice for longer-term investing. Here's how they work.
- Flexible terms - anywhere from six months to 10 years
- $1000 opening balance requirement on all CDs
- Penalty for early withdrawal
- A fixed interest rate is earned for the selected term*
- Interest can be deposited into a First Federal checking account or savings account with a balance of $1,000. Interest checks can be mailed with a balance of $5,000.
Click here for our most current rates.
*Please review our current Service Schedule and Truth in Savings Disclosure for additional account information. Interest rate and annual percentage yield subject to change.
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