We give businesses a competitive advantage
First Fed is here to help you with your daily operations as well as planning for the future.
Benefits You'll Love
- Individually tailored business solutions and support
- Concierge-level service and professional expertise
- Best-in-class products that improve your business
- Financial strategies and planning
Safely and conveniently manage your funds by utilizing First Fed's online and mobile banking platforms. Take advantage of tools and functions like:
- Real-Time Balances - Providing an up-to-the-second view of your finances and cashflow.
- Multi-Level Security - Grant access to your employees at varying permission levels, allowing them to do the work that is needed while maintaing privacy and security.
- Unlimited Business Bill Pay - Our online banking offers complimentary bill pay with unlimited usage. Also enjoy benefits like no monthly or per-item fees (analysis fees) when paying bills as well as options like requesting expedited payments and the ability to retain up to two years of payment history.
Additional Features:
- Easily View Transaction History
- Review Account Statements and Check Images
- Download to Quicken or QuickBooks
- Transfer Between First Federal Bank Accounts, Including Payments to a First Fed Business Loan
- Ability to Set Reminders and Alerts
- Reorder Checks
Mobile App - The First Fed mobile app seamlessly integrates with your First Federal Bank accounts. You can transfer funds, make payments, and link accounts from other institutions.
- Download the Apple (iOS) version here: Apple App Store
- Download the Android version here: Google Play
Online and Mobile Banking Assistance:
Quickly pay your employees and vendors with First Fed's Automated Clearing House (ACH) Origination service. With ACH Origination, everything is done electronically so there is no need to buy checks, printing supplies, or worry about checks getting lost in the mail.
It just makes sense that your financial partner would also help your business with collecting and processing payments. First Fed is proud to partner with Elavon to provide businesses with fast, secure payments that drive revenue and customer satisfaction.
Our Payment Solutions:
- Accept All Payment Types
- Credit, debit, and digital wallet payments (including Apple Pay and Google Pay)
- Include 24/7/365 Customer Support
- Provide Customized Online Reporting and Support Tools
- Protect Your Payments Data
- Data security solutions help protect your customer payment data
- Offer Fast Funding Options
Features and Benefits of Partnering with First Fed and Elavon:
- Preferred Equipment Pricing
- No Contract Termination Fee
- Clear and Upfront Pricing
- Services Tailored to Your Business
- Dedicated Customer Account Manager
Scan and securely submit your deposits from the convenience of your office or home with Remote Deposit Capture*. Better yet, it is even easier to set up and use!
Features and Benefits of Remote Deposit Capture:
- Make Deposits When it is Convenient for You
- Same Day Deposits
- Extended Banking Hours
- Online Access to Images, Deposits, and Reports for Two Years
- Export Accounts Receivable Data to Your Accounts Receivable System
- Multi-Level Security Access
- Consolidate Field Deposits
*Fees are associated with this product. Internet service required, data rates may apply.
First Fed's Cash Management* servies are a suite of powerful solutions that can give your business the boost it needs. By combining Cash Management with our professional expertise, we can simplify and optimize your working capital and cashflow. These efficiencies will allow you and your employees to focus on other business needs, helping to drive growth and increase customer satisfaction.
Cash Management Includes:
- Wire Transfer - Save time by utilizing our Wire Transfer solution. This service allows you to easily initiate domestic and international wire transfers securely online. In addition, you can receive real-time wire notifications, and add the dual control security option for even more peace of mind.
- Automated Clearing House (ACH) Origination - Refer to tab on left side of page to learn more.
- Positive Pay - Refer to tab on left side of page to learn more.
*Fees are associated with this product. Terms and conditions apply. Visit any branch for details.
The security of your business is our top priority at First Fed. Add another layer of important business security by utilizing our Positive Pay service. With Positive Pay, you can protect your business against check fraud by easily monitoring and identifying unusual or unauthorized payment activity.
How the Service Works - You provide a list of authorized business transactions, and if an unauthorized payment appears, you receive an alert allowing you to quickly decline the payment or decide to review it further.
Quickly receive and deposit checking sent through the mail as well as enjoy heightened security with Lockbox Remittance Processing. Through this service, customers of your business mail their payments to a centralized address instead of your business address. You then collect, process, and deposit those checks directly into your accounts receivable system and your bank account. If you prefer, First Fed can also manage the overall process for you, taking everything off your hands.
Features and Benefits of Lockbox Remittance Processing:
- Helps Reduce Fraud Through Improved Controls, Segregation of Duties, and Creation of an External Audit Trail
- Quicker Check Processing
- Payments Deposited Directly into Your Bank Account
- Eliminates Manual Entry of Accounts Receivable
- Reduces Employee Time and Overhead Costs Associated with Accounts Receivable Work
- Daily Electronic Reports, Including Check Posting
- Research Support
- HIPPA Compliant
Centralize all your bank accounts at First Fed to streamline your banking experience and still receive the FDIC coverage you want. With an IntraFi Deposit Account, you no longer have to spend time banking at multiple financial institutions to ensure your funds are covered by the FDIC. Instead, all your funds can reside at First Fed, earning a competitive interest rate, insured, and accessible whenever they are needed.
How IntraFi Works - First Fed partners with other IntraFi Network banks to divide your funds (behind-the-scenes) so they receive FDIC coverage. However, your complete banking relationship remains with First Fed.
Use this calculator to determine your projected earnings from our Kasasa Cash account. Move the sliders or type in the numbers to see your potential rewards.
- Estimated Annual Rewards $0
- Estimated monthly interest earned* $0
- Monthly ATM fees refunded**$0
This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.
- Net cost of buying $0
- Net cost of leasing $0
A fixed-rate, fixed-term CD can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.
- Total value at maturity $0
- Total interest earned $0
- Annual Percentage Yield (APY)0.000%
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
- Monthly deposit needed to reach goal $0
This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.
- Estimated monthly payment $0
- Total paid $0
- Total interest paid $0
Certificates of Deposit (CDs)
| Term | Interest Rate | APY |
|---|---|---|
| 7-Month Rate Bump w/ Checking1 | 4.70% | 4.80% |
| 7-Month Rate Bump w/o Checking1 | 4.31% | 4.40% |
| 11-Month No Penalty2 | 4.12% | 4.20% |
| 3 Months | 4.36 % | 4.45 % |
| 6 Months | 4.51 % | 4.60 % |
| 12 Months | 4.60 % | 4.70 % |
| 18 Months | 4.41 % | 4.50 % |
| 30 Months | 3.35 % | 3.40 % |
| 4 Years | 3.06 % | 3.10 % |
| 5 Years | 3.20 % | 3.25 % |
$500 Minimum Deposit to Open.
Interest rates and APYs are accurate as of 8/1/2024 Rates are subject to change at any time.
Annual Percentage Yield (APY) assumes interest credited is not withdrawn until maturity or renewal. Principal withdrawals prior to the maturity or renewal date may be subject to early withdrawal penalties. Penalties are not assessed if the account holder is deceased. Renewal grace period is seven (7) calendar days. Fees may reduce earnings on the account. Stated APY is current as of 8/1/2024.
1 If, during the original term of this CD, our CD rate for the same term increases, the account holder(s) may request a one-time increase to the originally disclosed rate. This request will not alter the original maturity date. First Federal Bank checking account required to earn 4.80% annual percentage yield (APY). Customers without a First Federal checking account earn 4.31% with an APY of 4.40%.
2 Earn 4.12% with an annual percentage yield (APY) of 4.20%. This APY is accurate as of 8/1/2024. This offering is for a limited time and subject to change at any time. $5,000.00 minimum deposit to open account. Interest will be compounded and credited monthly. Minimum deposits of $1,000.00 can be made at any time. Penalty-free withdrawals with a minimum amount of $1,000.00 will be permitted any time after the first six (6) calendar days of account opening. Total close-out required if account balance drops below $1,000.00.
Home Equity Loans
| Product | Rate | APR |
|---|---|---|
| Home Equity Line of Credit (HELOC)1 | 8.250% | 8.251% |
| Home Equity Loan2 | 6.375% | 6.378% |
1 HELOC stated APR Annual Percentage Rate (APR) subject to criteria, including automatic payment from a First Federal checking account. HELOC initial payment is interest-only. Line of credit is accessible for ten years followed by a fifteen-year repayment period. Variable interest rate may increase after consummation. Property insurance may apply. Maximum APR of 18.00%. You may also be required to pay certain fees to third parties (such as appraisers, credit reporting firms, and government agencies) to open a line. These fees generally total between $0.00 and $1,200.00. If you ask, we will give you an itemization of the fees you will have to pay to third parties. In Idaho, the title insurance premium (if applicable) and mortgage recording tax will be based on the maximum amount of the credit line available to you, regardless of how much is advanced to you at any time. Rate quoted is for liens in first position. Loans in second lien position will have higher rates.
2 Rates vary by qualification and term selected. Rate quoted is for liens in first position. Loans in second lien position will have higher rates
Jumbo Certificates of Deposit
| Term | Interest Rate | APY |
|---|---|---|
| 7 - Month Rate Bump w/ Checking1 | 4.79 % | 4.90 % |
| 7 - Month Rate Bump w/o Checking1 | 4.41 % | 4.50 % |
| 3 Months | 4.46 % | 4.55 % |
| 6 Months | 4.60 % | 4.70 % |
| 12 Months | 4.70 % | 4.80 % |
| 18 Months | 4.51 % | 4.60 % |
| 30 Months | 3.45 % | 3.51 % |
| 4 Years | 3.15 % | 3.20 % |
| 5 Years | 3.30 % | 3.35 % |
$100,000 minimum deposit to open.
Interest rates and APYs are accurate as of 8/1/2024 Rates are subject to change at any time.
Annual Percentage Yield (APY) assumes interest credited is not withdrawn until maturity or renewal. Principal withdrawals prior to the maturity or renewal date may be subject to early withdrawal penalties. Penalties are not assessed if the account holder is deceased. Renewal grace period is seven (7) calendar days. No minimum balance is required to obtain the disclosed APY. Fees may reduce earnings on the account.
1 If, during the original term of this CD, our CD rate for the same term increases, the account holder(s) may request a one-time increase to the originally disclosed rate. This request will not alter the original maturity date. First Federal Bank checking account required to earn 4.80% annual percentage yield (APY). Customers without a First Federal checking account earn 4.31% with an APY of 4.40%.
Kasasa Cash*
| Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| 0 - $15,000 | $x | 0.00% | 0.00% |
| $15,000+ | $x | 0.00% | 0.00% |
| All balances if qualifications not met | $x | 0.00% | 0.00% |
Qualifications
xx
Kasasa Saver*
| Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| 0 - $15,000 | $x | 0.00% | 0.00% |
| $15,000+ | $x | 0.00% | 0.00% |
| All balances if qualifications not met | $x | 0.00% | 0.00% |
Qualifications
xx
Loan Rates
Loan Rates
SuperSaver Savings
| Daily Balance Range | Interest Rate | Depending on Account Balance, Annual Percentage Yield (APY1) will: |
|---|---|---|
| $0.01 to $500.00 | 10.00% | Equal 10.47% APY |
| NEXT $500 $500.01 to $1,000.00 |
5.00% | Range from 10.47% to 7.79% APY |
| NEXT $1,000 $1,000.01 to $2,000.00 |
1.00% | Range from 7.79% to 4.40% APY |
| Greater than $2,000.00 | 0.10% | Range from 4.40% to 0.10% APY |
1 To qualify for the Annual Percentage Yield (APY), the following requirements must be met during a monthly statement cycle: Minimum of one (1) Round-Up transfer2 from checking account; minimum of one (1) deposit of at least $30 or two (2) deposits of at least $15; no withdrawal transactions; receive e-statements. If eligibility requirements are not met, the interest rate will be 0.10% with an APY of 0.10%. Interest is compounded and credited monthly. $10 minimum opening deposit required. The APY is accurate as of 9/18/2023. The interest rate on this variable rate account may change at any time at our discretion. Each primary account holder is allowed one (1) SuperSaver account per tax identification number.
2 Round-Up transfers must be posted, not pending or processing.