Save smart with a First Federal Certificate of Deposit (CD). CDs are a wise choice and provide a fixed, predictable rate of return. Enjoy higher fixed interest rates and the security of FDIC insurance.

Regular CD

Our Regular CD is a tried and true way to save money and earn interest. We make it easier than ever to make your money work for you. Deposits can be made outside of the grace period. 1

Jumbo CD

Our Jumbo CD works just like our Regular CD but offers a higher interest rate for depositing large balances. Just like our Regular CD, you can still make deposits outside of the grace period. 1


Curious about what you'll earn with a CD? Our Certificate of Deposit Calculator can help! 

Would you like to take advantage of longer-term CD rates while maintaining better liquidity? A CD Ladder may be the solution for you, and our handy calculator can help you see what this unique strategy can do.

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Certificates of Deposit 2


$500 Minimum Deposit to Open

$100,000 Minimum Deposit to Open
Term Interest Rate APY Interest Rate APY
3 Months 0.10 % 0.10 % 0.20 % 0.20 %
6 Months 0.15 % 0.15 % 0.25 % 0.25 %
12 Months 0.20 % 0.20 % 0.30 % 0.30 %
18 Months 0.25 % 0.25 % 0.35 % 0.35 %
30 Months 0.35 % 0.35 % 0.45 % 0.45 %
4 Years 0.50 % 0.50 % 0.60 % 0.60 %
5 Years 0.60 % 0.60 % 0.70 % 0.70 %

Interest rates and APYs are accurate as of 12/1/2021. Rates are subject to change at any time.

Effective May 11, 2018, all banks will be subject to new rules under the Bank Secrecy Act that will aid the government in the fight against crimes to evade financial measures designed to combat terrorism and other national security threats. EACH time an account is opened, or you need to make a change on an existing account for a covered Legal Entity, we will also be required to ask you for identifying information (name, address, date of birth, social security number), as well as identification documentation (Driver’s License) for:

  • EACH individual that has 25% or more Beneficial Ownership in the Legal Entity; and,
  • ONE individual that has Significant Managerial Control of the Legal Entity

1 Minimum deposit of $100 outside of grace period. Deposits permitted only if the rate of the CD is within 0.15% of the interest rate we currently offer for the same term.

2 Annual Percentage Yield (APY) assumes interest credited is not withdrawn until maturity or renewal.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. First Federal is currently not accepting any new out-of-state deposit accounts.

A sitting man working on his tablet.Let your money work while you sleep with a Sweep Account from First Federal.

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