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Savings

Business Cds

Business CDs with First Federal Savings

We know what it takes to build a business from the ground up. We’ve experienced the hard work required to grow the equity that sustains a business during times of challenge. Certificates of deposit (CD’s) are one way to help strengthen your financial stability with a highly reliable investment that guarantees a return. With a fixed-term CD, you earn a guaranteed annual percentage yield (APY)* to help grow your capital and stability.

*Click here to view current rates.

Details

  • Minimum opening balance is usually $500.
  • Choose to have your interest paid either monthly or quarterly. Interest can be deposited directly into a First Federal account. Some CDs require transferred interest.
  • Choose from terms ranging from 91 days to 10 years. Note that there may be a penalty for early withdrawal of funds.

Click here to access our Savings Calculators

Click Here to Review the Documents Needed to Open Account as a New Customer