Savings Accounts Overview

What are your financial goals?

  • a new home
  • education
  • health and wellness
  • a wedding
  • home improvements
  • a "rainy day" fund
  • traveling around the world or another lifelong dream

Whatever your goal, we have savings accounts to match and to help you achieve your goals. Your financial needs and goals will change over time. That's why the First Federal savings account line up provides a variety of savings accounts to help match your needs at every stage of life, and for all your goals and various milestones to help the betterment of your financial future.

Summit Savings

A basic account with built in flexibility: no deposit or withdrawal limits.

Kids Savings

An account for children 12 & under to help establish savings habits early.

Certificates of Deposit (CDs)

CDs offer competitive fixed interest rates, with a variety of term lengths to choose from.

Education Savings Account (ESA)

An ESA can amplify your savings to help pay for tuition or other qualified education expenses.

Health Savings Account (HSA)

A tax-advantaged savings account you can use to pay for eligible health and medical costs.

Individual Retirement Account (IRA)

An IRA may allow for pre-tax contributions to earn interest, at a competitive rate.

First Rate Money Market

A tiered account with a higher interest rate on larger deposit amounts.

Savings Calculators

College? Retirement? Large purchase? Our calculators can help you understand how soon you can meet your next savings goal.