Personal Banking Please note that products and services are only available to residents in the local market area of First Federal. A savings account especially for children under 18.
Simple interest is earned and paid on certificates of less than one year.
Certificates of one year and more may be compounded and paid quarterly. A penalty will or may be imposed for early withdrawal. We offer Roth or Traditional IRAs. Save for retirement with a traditional IRA and the interest earned will be tax free until you retire. With a ROTH IRA you put in after tax dollars and never pay tax on the interest.