Savings Accounts

First Federal offers simple savings products to fit your savings needs - all insured within FDIC limits. ATM card access is also available. Additional services include free online banking to view your account activity, view balances, & make transfers between accounts. You can also select free online eStatements to replace paper statements in the mail.

Statement Savings Account

Our Statement Savings account can be opened with a minimum deposit of $10.00. Interest is paid on a monthly basis.

Statement Savings interest rates are tied to a tiered structure, determined by the balance maintained. Refer to our current Deposit Rates.

Christmas Club Account

Our Christmas Club Account can be opened with a minimum deposit of $10.00. Interest is paid with the convenient disbursement of your funds at the end of the program. Open a Christmas Club Account today – it's time to start saving for the holidays, shopping, a vacation, or any gift!

Set up automatic transfers to your Christmas Club account from another First Federal account to make saving convenient and easy!

Automatic transfers can easily be set up through online banking.

Compare Accounts


Statement Savings

Christmas Club

Opening Balance



Interest Paid


At Maturity

Savings rates tied to a tiered structure, determined by the balance maintained. Refer to our current Deposit Rates.

Certificates of Deposit

First Federal offers a variety of Certificate of Deposit products to assist you in managing your money. The following convenient maturity terms are available:

  • 91 Days
  • 182 Days
  • 12 Months
  • 15 Months (CD Special)
  • 18 Months
  • 24 Months
  • 30 Months
  • 48 Months
  • 60 Months (One time rate change on 60 month term)

Maturities of less than one year:

A minimum deposit of $500.00, interest credited at CD maturity.
A minimum deposit of $2,500.00, interest credited monthly or at CD maturity.

Maturities of one year or longer:

A minimum deposit of $500.00, interest credited quarterly.
A minimum deposit of $2,500.00, interest credited monthly or quarterly.

First Federal often offers CD Specials

First Federal is currently offering a 15 months CD Special effective August 2, 2022!  See our Deposit Rates for more information.

Please call our office at (419) 238-1463, our rate line at (419) 238-6485 or stop by our office! Our employees will be happy to help you with questions you may have.

  • A penalty may be imposed for an early withdrawal on all CD products.
  • FDIC insured up to the maximum amount permitted by law. Please visit for more information about FDIC insurance coverage.

Deposit Rates


First Federal also offers FDIC insured Individual Retirement Arrangements to help you save for your future retirement years. We would be happy to help you open a Traditional IRA, SEP IRA, or ROTH IRA. First Federal offers variable rate IRAs with a minimum opening deposit of $100, or fixed rate IRAs with a minimum opening deposit of $2,000.00. First Federal IRAs have no annual service fees. A detailed IRA statement will be mailed annually. For further information, or to see which IRA best meets your needs, stop in and see one of our IRA representatives. Click on this IRS website link to visit the site for detailed IRA information.


Variable Rate IRA Certificates

Fixed Rate IRA Certificates

Available Plan

Traditional, SEP, Roth

Traditional, SEP, Roth

Available Terms

18 Months **

See Certificate of Deposit Available Terms Above

Minimum Balance to Open



Rate Change Dates

June 1st and December 1st


Additions Permitted



 Penalty-free withdrawals permitted at age 59 1/2, except for direct transfers.
** Tied to 30-month interest rate.


 Loan Officers 1

Make your MOVE with US

Whether you are a first-time home buyer, looking for a new home, refinancing your existing home or in need of a home equity line of credit, First Federal has a variety of residential mortgage loan products to fit your borrowing needs. If it is your business that requires financing, our commercial lender can help find a solution to your needs. The Welcome Home Program is back for 2023. If you are buying a home this year, you may qualify for a grant of up to $10,000 toward your down payment and closing costs.Welcome Home Button

Get Started Today


back to top