First Federal Bank of Kansas City savings, CD and money market rates
First Federal Bank of Kansas City advertises up to 5.00% APY on its Grow Savings Account. The 5.00% applies to the first $2,499.99. The balance above that earns 0.10%.
A checking account at the bank is required. On a $10,000 balance the account earns 1.32% overall, about $132 in a year, which is 0.94 percentage points above the national savings average of 0.38% (FDIC, Aug 2026).
Ranked #3 of 402 tracked savings rates by advertised APY. For a $10,000 balance it would rank #122.
Estimate your earnings·What First Federal Bank of Kansas City actually pays
First Federal Bank of Kansas City at a glance
| Savings | |
|---|---|
| Top savings APY | Up to 5.00% · Grow Savings Account · first $2,499.99 only · checking account required |
| Minimum to open | $25 · Grow Savings Account |
| Against the national average | 4.62 percentage points above the 0.38% FDIC savings average (Aug 2026) |
| CDs | |
| Top CD APY | 4.15% · 36 months · 36-Month CD |
| Minimum to open | not stated · 36 months CD |
| Against the national average | 2.81 percentage points above the 1.34% FDIC 36-month CD average (Aug 2026) |
| Money market | |
| Top money market APY | Up to 3.45% · Money Market · needs at least $500,000 |
| Minimum to open | $1,000 · Money Market |
| Against the national average | 2.82 percentage points above the 0.63% FDIC money market average (Aug 2026) |
| FDIC certificate | 29047 · Lees Summit, MO |
|---|---|
| Website | www.ffbkc.com |
| Branches | 9 branches in KS, MO |
| Availability | Nationally available |
First Federal Bank of Kansas City savings, CD and money market rates
Personal
How the rate applies
How the rate applies
How the rate applies
How the rate applies
How the rate applies
IRA
Business
How the rate applies
How the rate applies
Rates are APY. The national savings average is 0.38% (FDIC, Aug 2026). The top tracked savings rate on Banksparency is 5.00%. Across 57 savings accounts from 55 banks in the Banksparency core savings index, the median advertised rate is 3.52%, and one account in ten advertises 4.01% or more. See the highest savings rates.
First Federal Bank of Kansas City CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| 3 months | 1.50% | not stated | 3-Month CD |
| 6 months | 3.50% | not stated | 6-Month CD |
| 12 months | 3.80% | not stated | 12-Month CD |
| 18 months | 3.45% | not stated | 18-Month CD |
| 24 months | 4.01% | not stated | 24-Month CD |
| 30 months | 4.05% | not stated | 30-Month CD |
| 36 months | 4.15% | not stated | 36-Month CD |
| 48 months | 3.60% | not stated | 48-Month CD |
| 60 months | 3.60% | not stated | 60-Month CD |
Interactive Tool
Calculate Savings for First Federal Bank of Kansas City
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$676.00(4.6%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,676.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What First Federal Bank of Kansas City pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced all of its deposits over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined. The 5.00% applies to the first $2,499.99. The balance above that earns 0.10%.
In Q1 2026, First Federal Bank of Kansas City paid a higher average rate than 68% of U.S. banks (all-bank median 2.27%).
- First Federal Bank of Kansas City, avg rate paid
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers every account that earns interest: savings, interest checking, money market accounts, CDs, and personal and business accounts at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older balances at the rates of earlier years, everyday transaction balances, and CDs that were priced in a different rate environment. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rate paid on interest-bearing deposits, quarterly. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Personal | ||||||||
| Grow Savings Account | 5.00% | $25 | $0 | $2,499.99 | not stated | Checking account · direct deposit not stated | Tiered | |
| First Savings Plus | 0.20% | $50 | $0 | None | not stated | Checking account · direct deposit not stated | Tiered | |
| Statement Savings | 0.15% | $200 | $0 | None | not stated | not stated | Tiered | |
| Minor Savings Account | 0.15% | $200 | $0 | None | not stated | not stated | Tiered | |
| Money Market | 3.45% | $1,000 | $0 | None | not stated | not stated | Tiered | |
| IRA | ||||||||
| IRA Savings | 0.20% | $100 | $0 | None | not stated | not stated | Tiered | |
| Business | ||||||||
| Business Money Market | 3.45% | $2,500 | $0 | None | not stated | not stated | Tiered | |
| Business Statement Savings | 0.15% | $200 | $0 | None | not stated | not stated | Tiered | |
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
CDs
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| 3-Month CD | 3 months | 1.50% | not stated | not stated | not stated |
| 6-Month CD | 6 months | 3.50% | not stated | not stated | not stated |
| 12-Month CD | 12 months | 3.80% | not stated | not stated | not stated |
| 18-Month CD | 18 months | 3.45% | not stated | not stated | not stated |
| 24-Month CD | 24 months | 4.01% | not stated | not stated | not stated |
| 30-Month CD | 30 months | 4.05% | not stated | not stated | not stated |
| 36-Month CD | 36 months | 4.15% | not stated | not stated | not stated |
| 48-Month CD | 48 months | 3.60% | not stated | not stated | not stated |
| 60-Month CD | 60 months | 3.60% | not stated | not stated | not stated |
Opening and using the account
| Availability | Nationally available |
|---|---|
| Footprint | 9 branches in KS, MO |
| Eligibility | not stated |
How First Federal Bank of Kansas City behaves over time
Every observation of the advertised Grow Savings Account rate in the last 12 months was 5.00% (observed through Sep 4, 2026). The series includes promotional tiers where one applied.
Banksparency observed no cuts to First Federal Bank of Kansas City's advertised savings rate in the last 12 months, a period with 3 Federal Reserve cuts.
Recent rate changes, as observed
- Obs. Aug 29, 20263-Month CDCut:3.10%to1.50%
- Obs. Aug 22, 20263-Month CDCut:3.60%to3.10%
- Obs. Aug 22, 20266-Month CDCut:3.65%to3.50%
- Grow Savings Account
- The same as 7 days ago.
- 36 months CD
- The same as 7 days ago.
- Money Market
- The same as 7 days ago.
$10,000 at the 5.00% APY First Federal Bank of Kansas City advertises on Grow Savings Account grows to $10,500 in a year. Prices rose 3.4% in the year to July 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $10,159 does today. See how the federal funds rate shapes savings rates.
First Federal Bank of Kansas City CD rates over time
Who is First Federal Bank of Kansas City?
| Headquarters | Lees Summit, MO |
|---|---|
| Founded | 1934 |
| Scale | $991M assets · $689M deposits, $587M of it interest-bearing (Q1 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 29047 |
Financial detail is in What First Federal Bank of Kansas City pays on deposits above.
Common questions about First Federal Bank of Kansas City
Is First Federal Bank of Kansas City FDIC insured?
Yes. First Federal Bank of Kansas City is FDIC insured under certificate 29047, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at First Federal Bank of Kansas City?
First Federal Bank of Kansas City requires a minimum deposit of $25 to open its Grow Savings Account, as observed on Sep 4, 2026. Check the bank's current terms before you open an account.
Does the 5.00% apply to my whole balance?
The 5.00% applies to the first $2,499.99. The balance above that earns 0.10%. A checking account at the bank is required. Rates are as observed on Sep 4, 2026.
Does First Federal Bank of Kansas City have branches?
Yes. First Federal Bank of Kansas City operates 9 branches according to FDIC branch records, in addition to its website and mobile apps.
First Federal Bank of Kansas City against its closest alternatives
| Bank | Savings APY | Rate paid (Q1 2026) | Min deposit | Branches |
|---|---|---|---|---|
| First Federal Bank of Kansas City | 5.00% | 2.58% | $25 | 9 branches in KS, MO |
| Farmers & Merchants State Bank | 5.00% | 2.29% | not stated | 3 branches in WI |
| GO2bank | 4.50% | 3.28% | $0 | not stated |
| Elevault | 4.34% | 2.08% | $0 | not stated |
Alternatives are the three tracked banks whose highest savings APY is closest to First Federal Bank of Kansas City's.
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Rate hubs: today's highest savings rates, CD rates by term, and money market rates.