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Save for long term success and earn higher interest than a traditional savings account with a First Federal CD.
Short Term Certificates1
Long Term Certificates
Length of Deposit
1 to 9 Months
1 to 5 Years
Minimum Opening Deposit
$500
$100
Annual Percentage Yield (APY)
Fixed Rates
Set-Up Fees
Additional Deposits Allowed
$500 or more at any time
Early Withdrawal Penalty2
Short Term: 30 day interest penalty
Long Term: 180 day interest penalty
11-Month CD = 30 calendar days; 3-Month CD = 90 calendar days; 6-Month CD = 180 calendar days; 9-Month CD = 270 calendar days. 2An early withdrawal penalty will not be imposed under the following circumstances: (1) Following the death of an account holder; (2) After an account holder is determined to be legally incompetent.
A convenient and easy way to access multimillion dollar FDIC Insurance on CD investments. You sign one agreement with First Federal, earn one interest rate and receive one regular statement.
Everything is handled through First Federal, a CDARS® Network member. When you place a large deposit with First Federal, First Federal uses the CDARS® service to place your funds into CDs issued by other members of the CDARS® Network.
This occurs in increments below the standard FDIC insurance maximum ($250,000) so that both principal and interest are eligible for FDIC insurance. By working directly with just one institution, you can receive insurance coverage from many. And, you receive just one regular, consolidated account statement.
Visit your local branch to open an account
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