Certificates of Deposit (CDs)

Certificates of Deposit (CDs)

CDs are a popular growth tool for good reason, and First Federal is popular among CD-seekers for our competitive rates and enhanced accessibility.

Interest is greater than traditional savings, yet your funds retain FDIC insurance. Your funds are locked for the length of term you choose, but with First Federal, your interest is always available. Give your savings added muscle with First Federal CDs.

Summary
  • Greater interest than savings
  • Fixed rates for guaranteed returns
  • FDIC insured investment
  • Terms from 6 months to 5 years
  • Penalty for early withdrawal of principal
  • Interest earnings can be withdrawn without penalty
  • Interest compounds monthly or available as automatic payment*
  • $500 minimum deposit to open

Check out our current rates.

*You can elect to have interest paid monthly. A $5,000 minimum balance is required to receive a monthly ACH transfer of the interest.

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