FDIC-Insured - Backed by the full faith and credit of the U.S. Government
First Federal of Van Wert is upgrading our system in order to better serve our customers.
The majority of the process will start after the end of business on Thursday, April 3, 2025 through Monday, April 7, 2025**.
Click here to learn more!
*A conversion is an internal system update. First Federal will continue to remain the same locally owned and operated institution and partner that we have always been!
**Some items are scheduled to occur earlier or later than these dates. First Federal customers were mailed a full conversion document. Please refer to your packet for complete information.
FDIC-Insured - Backed by the full faith and credit of the U.S. Government
| Term | Annual Percentage Yield | Interest Rate | Compound Frequency |
|---|---|---|---|
Term
91 Days
| Annual Percentage Yield
4.07%
| Interest Rate
4.00%
| Compound Frequency
Monthly
|
Term
182 Days
| Annual Percentage Yield
0.20%
| Interest Rate
0.20%
| Compound Frequency
Monthly
|
Term
12 Months
| Annual Percentage Yield
0.25%
0.25% | Interest Rate
0.25% | Compound Frequency
Monthly
Quarterly |
Term
18 Months
| Annual Percentage Yield
0.30%
0.30% | Interest Rate
0.30% | Compound Frequency
Monthly
Quarterly |
Term
24 Months
| Annual Percentage Yield
3.87%
3.85% | Interest Rate
3.80% | Compound Frequency
Monthly
Quarterly |
Term
30 Months
| Annual Percentage Yield
0.40%
0.40% | Interest Rate
0.40%
| Compound Frequency
Monthly
Quarterly |
Term
48 Months
| Annual Percentage Yield
3.56%
3.55% | Interest Rate
3.50% | Compound Frequency
Monthly
Quarterly |
Term
60 Months
(One-time Rate Change) | Annual Percentage Yield
2.02%
2.01% | Interest Rate
2.00% | Compound Frequency
Monthly
Quarterly |
Term
18 Months Variable Rate IRA Only*
*Interest rate may change after the account is opened - Ask for details | Annual Percentage Yield
0.40%
| Interest Rate
0.40%
| Compound Frequency
Monthly |
Minimum Balance for Monthly Compound – Variable IRA Account: $100.00
Minimum Balance for Monthly Compound – Fixed Rate IRA Account: $2,000.00
Minimum Balance for Monthly Compound – Certificate of Deposit: $2,500.00
Minimum Balance for Quarterly Compound – Certificate of Deposit: $500.00
A Penalty may be imposed for an early withdrawal.
| Product | Tier | APY | Interest Rate | Compound Frequency | Minimum to Open Account |
|---|---|---|---|---|---|
Product First Federal Savings Account | Tier no | APY no | Interest Rate no | Compound Frequency no | Minimum to Open Account no |
Product no | Tier Tier 1: $0.00-$99.99 | APY 0.00% | Interest Rate 0.00% | Compound Frequency Monthly | Minimum to Open Account $10.00 |
Product no | Tier Tier 2: $100.00-$2,499.99 | APY 0.01% | Interest Rate 0.01% | Compound Frequency Monthly | Minimum to Open Account $10.00 |
Product no | Tier Tier 3: $2,500.00-$99,999.99 | APY 0.02% | Interest Rate 0.02% | Compound Frequency Monthly | Minimum to Open Account $10.00 |
Product no | Tier Tier 4: $100,000.00 | APY 0.05% | Interest Rate 0.05% | Compound Frequency Monthly | Minimum to Open Account $10.00 |
Product Money Market Account | Tier no | APY no | Interest Rate no | Compound Frequency no | Minimum to Open Account no |
Product no | Tier Tier 1: $0.00-$4,999.99 | APY 0.00% | Interest Rate 0.00% | Compound Frequency Monthly | Minimum to Open Account $5,000.00 |
Product no | Tier Tier 2: $5,000.00-$49,999.99 | APY 0.25% | Interest Rate 0.25% | Compound Frequency Monthly | Minimum to Open Account $5,000.00 |
Product no | Tier Tier 3: $50,000.00-$99,999.99 | APY 0.75% | Interest Rate 0.75% | Compound Frequency Monthly | Minimum to Open Account $5,000.00 |
Product no | Tier Tier 4: $100,000.00-$199,999.99 | APY 1.00% | Interest Rate 1.00% | Compound Frequency Monthly | Minimum to Open Account $5,000.00 |
Product no | Tier Tier 5: $200,000.00-$299,999.99 | APY 2.02% | Interest Rate 2.00% | Compound Frequency Monthly | Minimum to Open Account $5,000.00 |
Product no | Tier Tier 6: $300,000.00-$499,999.99 | APY 3.30% | Interest Rate 3.25% | Compound Frequency Monthly | Minimum to Open Account $5,000.00 |
Product no | Tier Tier 7: $500,000.00 | APY 4.33% | Interest Rate 4.25% | Compound Frequency Monthly | Minimum to Open Account $5,000.00 |
Product Christmas Club | Tier no | APY no | Interest Rate no | Compound Frequency no | Minimum to Open Account no |
Product no | Tier no | APY 0.01% | Interest Rate 0.01% | Compound Frequency Maturity | Minimum to Open Account $10.00 |
Product Health Savings Account (HSA) | Tier no | APY no | Interest Rate no | Compound Frequency no | Minimum to Open Account no |
Product no | Tier Tier 1: $0.00 - $99.99 | APY 0.00% | Interest Rate 0.00% | Compound Frequency Monthly | Minimum to Open Account $0.00 |
Product no | Tier Tier 2: $100.00 - $2,499.99 | APY 0.01% | Interest Rate 0.01% | Compound Frequency Monthly | Minimum to Open Account $0.00 |
Product no | Tier Tier 3: $2,500.00 | APY 0.02% | Interest Rate 0.02% | Compound Frequency Monthly | Minimum to Open Account $0.00 |
Product NOW Checking | Tier no | APY no | Interest Rate no | Compound Frequency no | Minimum to Open Account no |
Product no | Tier no | APY 0.01% | Interest Rate 0.01% | Compound Frequency Monthly | Minimum to Open Account $500.00 |
Interest rates on Savings and Checking Accounts are subject to change daily.
Fees may reduce earnings on account.
For further account and rate information, please call any of our Customer Service Representatives at (419) 238-1463 or our Rate Line at (419) 238-6485.