CDs/Rates


Save smarter with a Certificate of Deposit (CD) from First Federal. You'll enjoy higher fixed interest rates, a predictable rate of return, and the security of FDIC insurance. To open your First Federal CD, give us a call today or stop by the branch nearest you.

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CD Specials

7 - Month Rate Bump CD & IRA Specials - 4.80% APY1

Our new CD & IRA Specials are some of the best offered in Idaho!

  • Market-leading interest rates!
  • A one-time interest rate bump may be taken during the original term.2
  • Low minimum opening deposit.
See below for full list of requirements.

11 - Month No-Penalty3

Thinking about a high-yield savings account? Try our No-Penalty CD instead!

  • 4.20% APY3
  • 11 Month Term
    • $5,000 minimum deposit to open.
  • $0 fees
    • Access your funds with no penalty deposits & withdrawals.
See below for full list of requirements.


Regular CD

Our 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. 4


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.4


Calculators

How much will you earn with your 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 simple calculator can help you see what this unique strategy can do.

Scroll to the left to view the rest of the table.

Certificates of Deposit 1


Regular

$500 Minimum Deposit to Open

Jumbo
$100,000 Minimum Deposit to Open
Term Interest Rate APY Interest Rate APY
7 - Month Rate Bump
w/ Checking2
4.70     % 4.80    % 4.79     % 4.90    %
7 - Month Rate Bump
w/o Checking2
4.31     % 4.40    % 4.41     % 4.50    %
11 - Month
No Penalty4
4.12     % 4.20     % - -
3 Months 4.36 % 4.45 % 4.46 % 4.55 %
6 Months 4.51 % 4.60 % 4.60 % 4.70 %
12 Months 4.60 % 4.70 % 4.70 % 4.80 %
18 Months 4.41 % 4.50 % 4.51 % 4.60 %
30 Months 3.35 % 3.40 % 3.45 % 3.51 %
4 Years 3.06 % 3.10 % 3.15 % 3.20 %
5 Years 3.20 % 3.25 % 3.30 % 3.35 %

Interest rates and APYs are accurate as of 6/3/2024  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 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 6/03/2024.

2 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.

3 Earn 4.12% with an annual percentage yield (APY) of 4.20%. This APY is accurate as of 6/03/2024. 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.

4 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.

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