First Federal’s savings accounts and CD accounts are free of monthly maintenance fees so your savings can really stack up. Grow your savings effortlessly by scheduling automatic deposits using Online Banking or with direct deposit through your employer. You can also manage your accounts from just about anywhere with our free Mobile Banking and Online Banking.

With a First Federal Savings Account, you’re not locked into a fixed term, so moving your money when you need it is easy. There's no monthly service charge, and you can set up automatic direct deposits to build your savings up even faster. ATM access is available when you have a linked checking account. You can manage your accounts from just about anywhere with:

• Free Mobile Banking
• Free Online Banking
• Free Incoming Wires
• Free eStatements

Open a First Federal Savings Account today to watch your savings grow!

To open your account,

With a First Federal CD, you can pick from an automatically renewing CD for continued earnings or choose to have your CD converted to a Savings Account at the end of the term you select. You can withdraw your interest at any time during the term of your CD, but a penalty may be imposed for early withdrawal of principal. Fees may reduce earnings.

We have terms ranging from 3 months to 6 years. Contact your banker about our current rates.

To open your account,

An Individual Retirement Account (IRA) is a key part of keeping a diversified portfolio for your retirement planning. There’s no risk, your earnings are guaranteed, and your funds are federally insured up to at least $250,000.

Your retirement account can be held in a fixed rate CD, a Savings Account, or an Advantage IRA, so you can create a plan that works for your retirement goals. You can deposit additional funds at any time without extending maturity. With low annual and transactional fees, we are committed to providing you with the services you need to ensure a bright financial future.

Choosing the right plan for you

Traditional IRA

A Traditional IRA is a way to save for retirement that gives you tax advantages. Contributions you make to a traditional IRA may be fully or partially deductible, depending on your circumstances, and generally, amounts in your traditional IRA (including earnings and gains) are not taxed until distributed. Required minimum distributions (RMDs) for Traditional IRA start at age 72.

Roth IRA

A Roth IRA has the same contribution limits as a Traditional IRA. Contributions are not tax deductible but qualified distributions are tax-free if you meet IRS requirements. Your Roth IRA contributions might be limited based on your filing status, and income distributed, and/or earned income.

Unlike a Traditional IRA, you can leave funds in your Roth IRA as long as you live and are not required to begin taking mandatory distributions.

Contributions to Traditional and Roth IRA can be made regardless of your age as long as you earn in come in the U.S.

SEP Plan

Simplified Employee Pension (SEP) plans can provide a significant source of income at retirement by allowing employers to set aside money in retirement accounts for themselves and their employees. A SEP does not have the start-up and operating costs of a conventional retirement plan and allows for a contribution of up to 25 percent of each employee’s earned income.

Your Educational Savings Account allows tax free withdrawals to pay for qualified elementary school, secondary school, or college expenses.

Your Educational Savings Account can be held in a fixed rate CD or a savings account, so you can create a plan that works for your education goals. You can deposit additional funds at any time without extending maturity. Contribution limits apply. With low annual and transactional fees, we are committed to providing you with the services you need to ensure a bright future.