Certificates of Deposit (CDs)

Interest rates are rising – and that’s good news for your savings. Maximize your deposit earnings with our current CD specials. 


3.25% APY*
for 13 months

Earn 3.25% APY on a 13-month certificate of deposit (CD). Offer requires a $10,000 minimum deposit to open.

Interest rate effective 10/29/2022.
*APY is Annual Percentage Yield. Penalties may be imposed on early withdrawal.  

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3.50% APY*
for 25 months

Earn 3.50% APY on a 25-month certificate of deposit (CD). Offer requires a $25,000 minimum deposit to open.

Interest rate effective 10/29/2022.
*APY is Annual Percentage Yield. Penalties may be imposed on early withdrawal.  

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2.50% APY*
for 30 months + rate bump

Start with a higher rate now and bump up in the future if rates continue to rise. Our 30-month CD special allows you to start earning at 2.50% APY and if rates go up, you can increase your rate once during the 30-month time period. Offer requires a $25,000 minimum deposit to open. 

Interest rate effective 10/29/2022.
*APY is Annual Percentage Yield. Penalties may be imposed on early withdrawal.  

Our team is happy to open via phone, live chat, or in the branch.

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Certificates of Deposit (CDs) are a great option for businesses looking to plan ahead by earning a fixed interest rate for a set period of time. Or choose a variable rate to take advantage of future rate changes.

Flexible terms ranging from 46 days to 5 years give you the ability to choose a specific maturity date that works around your schedule.  

CD Specials

Term Rate APY Minimum to Open Notes
13 months 3.20% 3.25% $10,000
25 months 3.44% 3.50% $25,000
30 months with a rate bump 2.47% 2.50% $25,000 You can request a one-time rate bump on your CD to the current 30-month rate at the time of the bump.

Interest Rates Effective: 11/30/2022

Revised: 11/29/2022

*New money is described as funds not previously held on deposit at First Fed within the last 30 days. Annual Percentage Yield assumes principal and interest remain on deposit for term at the same interest. Penalties may be imposed on early withdrawal. Fees could reduce earnings.

Variable Rate CD

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Account Type Interest Rate APY* Method of Compounding Minimum Deposit to Earn APY
9 Months 0.25% 0.25% Daily $25.00

Interest Rates Effective: 11/18/2022

Revised: 11/17/2022

Annual Percentage Yield assumes principal and interest remain on deposit for term at the same interest. Interest rate and annual percentage yield may change at any time.  Penalties may be imposed on early withdrawal. Fees could reduce earnings.

Fixed Rate CDs

Term Interest $100 to $9,999 APY Interest $10,000 to $49,999 APY Interest $50,000 to $99,000 APY $100,000 and above APY
46 Days 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
3 Months 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20%
6 Months 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 035%
1 Year 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00%
2 Years 1.14% 1.15% 1.14% 1.15% 1.14% 1.15% 1.14% 1.15%
3 Years 1.24% 1.25% 1.24% 1.25% 1.24% 1.25% 1.24% 1.25%
4 Years 1.74% 1.75% 1.74% 1.75% 1.74% 1.75% 1.74% 1.75%
5 Years 1.98% 2.00% 1.98% 2.00% 1.98% 2.00% 1.98% 2.00%

Interest Rates Effective: 11/18/2022

Revised: 11/17/2022

Annual Percentage Yield assumes principal and interest remain on deposit for term at the same interest rate. Penalties may be imposed on early withdrawal. Fees could reduce earnings. Interest compounds daily.

*APY assumes funds remain on deposit for 1 year.