Savings

Features and Benefits:

• Quarterly statements makes bookkeeping easier
• Any business structure is eligible
• Overdraft Protection for checking account
• Interest compounds daily
• Waived fees on any withdrawals with First Federal ATMs, as well as fee waivers on 32,000+ ATMs within the MoneyPass network.
  • A fee of $2.50 will be charged for each withdrawal from an ATM not owned or operated by First Federal
• No more than 6 preauthorized transfers are allowed per month. Transactions in excess of this limit will be charged $10 per item
• A $7.50 monthly maintenance fee will be assessed. The fee will be waived if a First Federal business checking account for the same business is open. If the balance in the account at the time the service charge is assessed in less than $7.50, a charge will be assessed for the balance in the account, less .01.

Minimum deposit of $100 to open. See account disclosure or deposit rate sheet for more information.

Complementary Products and Services

• Business Online Banking
• Mobile Banking
• Touch Tone Teller
• Business Money Market
• IRA, HSA, SEP
• Business Lines of Credit
• Merchant Services

Whatever your next savings goal may be, a First Federal First Rate Money Market can help grow your savings faster if you carry a higher balance. With a tiered interest rate, get rewarded when you maintain higher balances. 

This business account offers a tiered interest rate for larger deposits.

Features and Benefits:

• $0 monthly service fee with six free pre-authorized transfers¹
• Monthly/Quarterly statements makes bookkeeping easier
• Easy, unrestricted access to your money at any First Federal branch
• Unlimited ATM and in-person withdrawals²
• Waived fees on any withdrawals with First Federal ATMs, as well as fee waivers on 32,000+ ATMs within the MoneyPass network.²

A minimum deposit of $1,000 to open. This account is a tiered rate account and may earn a different rate of interest depending on the balance maintained. See account disclosure or deposit rate sheet for more information.

Complementary Products and Services

• Business Checking
• Business Online Banking
• Mobile Banking
• Touch Tone Teller
• IRA, HSA, SEP
• Business Lines of Credit
• Merchant Services

1. No more than 6 preauthorized transfers are allowed per month. A $10 fee will be charged for any withdrawal exceeding the limit. Customary NSF fees and check-ordering costs apply.
2. A fee of $2.50 will be charged for each withdrawal from an ATM not owned or operated by First Federal. Fees will be waived if the ATM is part of the MoneyPass network. 

Available Terms

Flexible terms gives you the ability to choose a maturity date that works around your schedule

• 46 to 90 Days
• 91 - 181 days
• 182 - 364 days
• 365 - 729 Days
• 730 - 1,094 Days
• 1,095 - 1,459 Days
• 1,460 - 1,824 Days
• 1,825 - 2,920 Days