First Federal Savings and Loan Association: Savings Accounts, CDs & Rates

Updated: 8/15/2026

Mission: Banksparency aims to make First Federal Savings and Loan Association's deposit accounts transparent and comparable to the market.

Interest rates reported as APY

Analysis of First Federal Savings and Loan Association

Our verdict

CD Analysis

First Federal Savings and Loan Association offers CDs paying up to 3.05% APY on its 15 months term, across 12 term lengths.

Tracking 13 active CD products, useful for locking in today's rate before further moves at the Fed.

Best CD use: locking in 3.05% APY for a 15 months term and laddering across multiple maturities.

First Federal Savings and Loan Association also offers Simply Statement Savings, a savings account paying 0.05% APY with a $25 minimum deposit.

At 0.05% APY, First Federal Savings and Loan Association pays below the national savings average of 0.38%.

Additional Accounts

Business Statement Savings, a business savings account at 0.05% APY.
Christmas Club, a club savings account at 0.05% APY.

Ideal User Profile

Best for: simple saving without extra requirements.

Important Considerations

Business Statement Savings is a business savings account. Available to business customers.

Christmas Club is a club savings account. Designed for scheduled deposits toward a set payout date.

No app ratings available for this bank.

iOS app rating is not available.

Android app rating is not available.

Savings Accounts Overview

Business Statement Savings

Savings

0.05% APY

Min: $25 Branch Access

Rank #287 of 337 tracked.

Christmas Club

Savings

0.05% APY

Min: $1 Branch Access

Rank #288 of 337 tracked.

Simply Statement Savings

Savings

0.05% APY

Min: $25 Branch Access

Rank #289 of 337 tracked.

Market Reality Check

This institution offers rates below the top 10 savings and money market accounts we track. Those institutions all pay at least 4.01% APY.

See Top Rates

National Avg: 0.38% (FDIC, 8/1/2026).
Banksparency tracks live rates daily.

Bank Overview

HQ LocationDelta, OH
Deposit InsuranceFDIC Insured(Cert: 29345)

Visit Official Website

Featured Offers

Axos ONE - High Yield Savings & Checking

Over 95,000 fee-free ATMs
Get paid up to 2 days early with Direct Deposit
One convenient app for spending & saving

FDIC Insured

Savings4.21%APY

Checking0.51%APY

Go to Axos Bank

FDIC or NCUA insured

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	0
Min. Balance in Savings Account	0
How to qualify for APY	OPTION ADirect Deposit $1,500+ AND Maintain $1,500+ avg daily checking balance. OR OPTION BDeposit $5,000+ total/mo AND Maintain $5,000+ avg daily checking balance.
Mobile Ratings	iOS:4.7 Android:4.5

The APY is available with the Axos ONE savings and checking bundle. The checking account also earns interest. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000.

EASY TRANSFERS, LOW MINIMUMS

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FDIC Insured

Quontic High Yield Savings

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No monthly service fees
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FDIC Insured

Savings3.20%APY

Go to Quontic Bank

FDIC or NCUA insured

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	10000
Min. Balance in Savings Account	0
Mobile Ratings	iOS:4.8 Android:4.9

Savings Accounts: In-Depth View

Savings Accounts Offered by First Federal Savings and Loan Association

Feature	Business Statement Savings	Christmas Club	Simply Statement Savings
APY	0.05%Verified: 8/15/2026	0.05%Verified: 8/15/2026	0.05%Verified: 8/15/2026
APY Trend	N/A	N/A	N/A
Min. Deposit	$25	$1	$25
Min. Balance	N/A	N/A	N/A
Monthly Fee	N/A	N/A	N/A
Direct Deposit	None	None	None
Checking Bundle	No	No	No
In-Branch Access	Yes	Yes	Yes
Compounding	N/A	N/A	N/A
FDIC Insured	Yes	Yes	Yes
Eligibility	United States	United States	United States
Next Steps	-	-	-

Interactive Tool

Calculate Savings for First Federal Savings and Loan Association

All calculations are based on APY.

Choose savings account

Initial deposit

Recurring deposit

Frequency

Duration

Savings Breakdown

Interest Earned
+$18.60(0.1%)
Total Contributions
$13,000
Initial Deposit
$1,000

Projected Balance

$14,018.60

Effective APY

0.05%

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

First Federal Savings and Loan Association Savings Rates Over Time

No historical data available.

Compare with First Federal Savings and Loan Association

Feature	Current View First Federal Savings and Loan Association	Empty Slot
Product		-
APY	0.05%Verified: 8/15/2026	-
APY Trend	N/A	-
Min. Deposit	$25	N/A
Monthly Fee	N/A	-
Direct Deposit	No	-
Checking Bundle	No	-
In-Branch Access	Yes	-
Eligibility	United States	-
Compounding	N/A	-
FDIC or NCUA Insured	Yes	-
Next Steps	-	-

CD Overview

3.05% Highest APY

Across 13 CD products with terms: 15 months, 30 months, 12 months, 9 months, 6 months, 3 months, 36 months, 18 months, 27 months, 24 months, 20 months, 16 months

CD Products Offered by First Federal Savings and Loan Association

Feature	91 Day CD 3 months	182 Day CD 6 months	270 Day CD 9 months	12 Month CD 12 months	15 Month CD 15 months	16 Month CD 16 months	18 Month Variable IRA 18 months	18 Month CD 18 months	20 Month CD 20 months	24 Month CD 24 months	27 Month CD 27 months	30 Month CD 30 months	36 Month CD 36 months
APY	0.05%Verified: 8/15/2026	0.07%Verified: 8/15/2026	3.05%Verified: 8/15/2026	3.05%Verified: 8/15/2026	3.05%Verified: 8/15/2026	3.05%Verified: 8/15/2026	0.15%Verified: 8/15/2026	0.15%Verified: 8/15/2026	0.20%Verified: 8/15/2026	2.78%Verified: 8/15/2026	0.20%Verified: 8/15/2026	0.25%Verified: 8/15/2026	2.78%Verified: 8/15/2026
Term	3 months	6 months	9 months	12 months	15 months	16 months	18 months	18 months	20 months	24 months	27 months	30 months	36 months
Min. Deposit	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000
Early Withdrawal	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FDIC Insured	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Notes	-	-	-	-	-	-	Variable rate. The APY can change during the term.	-	-	-	-	-	-

First Federal Savings and Loan Association CD Rates Over Time

Not enough rate history to show a chart. We have CD rates for this bank from one day only. The chart shows when we collect more data.

Alternatives to First Federal Savings and Loan Association

Banks with Higher/Similar Savings APY

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Statement Savings: 0.02% APY

Minimum Deposit: $25

Christmas Club: 0.02% APY

Minimum Deposit: $5

Health Savings Account: 0.05% APY

Minimum Deposit: $0

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Plus One Money Market: 0.20% APY

Bundled Savings & Checking Account

Minimum Deposit: $10

Upgrade

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Consumer Money Market: 3.70% APY

Minimum Deposit: $1,000

Consumer Statement Savings: 0.30% APY

Minimum Deposit: N/A

Business Statement Savings: 0.30% APY

Minimum Deposit: N/A

Business Money Market: 3.70% APY

Minimum Deposit: $1,000

First State Bank & Trust

Classic Savings: 1.00% APY

Minimum Deposit: $200

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Club Account: 0.05% APY

Minimum Deposit: $10

School Savings: 0.10% APY

Minimum Deposit: $1

Variable IRA Savings Account: 0.05% APY

Minimum Deposit: $10

High-Yield Savings: 3.20% APY

Minimum Deposit: $10

NextGen Savings: 1.00% APY

Minimum Deposit: $0

Performance Money Market Account: 0.05% APY

Bundled Savings & Checking Account

Minimum Deposit: $1,000

Money Market Account: 0.05% APY

Minimum Deposit: $1,000

Statement Savings: 0.05% APY

Minimum Deposit: $10

Passbook Savings: 0.05% APY

Minimum Deposit: $10

Security Deposit Account: 0.05% APY

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Minor Savings: 0.50% APY

Minimum Deposit: $100

Regular Savings: 0.50% APY

Minimum Deposit: $100

Super Money Market: 1.00% APY

Minimum Deposit: $5,000

Money Market: 0.55% APY

Minimum Deposit: $2,500

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