Planning for a financially secure future is a smart decision, and First Federal Bank knows that each customer has different financial goals. Whatever the case, First Federal Bank offers a complete line of Savings plans that are tailored to fit your individual needs.

Youth Savings Account

• Minimum opening deposit of $50
• Interest on balance of $10 or more
• Statement Savings only
• $1 per withdrawal after 3 in a calendar month
• $3 per transfer (Reg D Violation S/C) after six electronic transfer debits during a monthly cycle period (IVR, Online Banking and ACH), allowable on Statement Savings accounts only
• Youth are individuals under 18 years of age

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Access 90 Account

• Minimum opening deposit of $1,000
• Certificate rate with 90 day commitment
• Rates tiered according to balance: $1,000-$24,999; $25,000-$74,999; and $75,000 and greater
• Regular Savings rate earned on any day balance drops below $1,000
• Unlimited deposits are allowed
• Withdrawals allowed during first 10 days of each calendar quarter without a charge
• Loss of earnings on the amount withdrawn for current period plus $10 charge on each withdrawal at any other time
• Quarterly statement provided
• Low balance charge of $15 if balance falls below $1,000 during a calendar quarter
• Online Banking & IVR (View account balance and history only-no transaction activity allowed)

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Christmas Club Account

• Minimum opening deposit $5 and must have First Federal Checking Account to open Christmas Club Account
• Automatic transfers from a First Federal checking account (either weekly, bi-weekly or monthly)
• Monthly statement combined with checking account statement
• Balance is mailed or transferred on November 1 of each year
• $10 charge if closed at any other time
• Over the counter deposits accepted in $5 increments
• Interest earned on balance of $10 or more
• Online Banking & IVR (View account balance and history only-no transaction activity allowed)

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Home Buyer Account

• Designed to assist in saving for a home
• Minimum opening deposit of $10
• Interest on balance of $10 or more
• Funds used for First Federal Home Mortgage
• Earns higher yield than regular savings account
• Unlimited deposits allowed
• Customized savings projections
• Prequalification review
• Budget counseling
• Loan incentives
• Loss of 90 days simple interest on withdrawals for reasons other than a First Federal Mortgage
• Quarterly statement provided

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ATM CARDS

• Card available to personal checking and statement savings account holders with a checking account
• 24-hour-a-day account access
• Withdraw cash, obtain balance inquires or transfer funds
• Use as debit card for Point-of-Sale purchases at Pulse locations
• Customized PIN number available
• $1 per ATM transaction at foreign terminal
• $8 per replacement card 
   

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