Statement Savings

Need a simpler path toward your goals? The Statement Savings account gives you a clear direction to travel.

No matter your savings goals, we'll help you get there with this no-hassle account focused on steady returns.

Solid Savings, Simply

Requirements & Fees

  • Open with $5 minimum deposit
  • Monthly service fee of $3 is waived if a minimum daily balance of $300 is maintained1
  • Limit six electronic transactions per statement cycle2

Which Account Fits You

Relationship Savings

Statement Savings

Classic Money Market

Earn E. Eagle Savings

Benefits
Interest PaidYesYesYes, tiered interest rates and APYs*Yes
Minimum BalanceNo$300NoNo
Monthly Service Fees:No$3.00**NoNo
Requires Additional First Federal Bank RelationshipsYesNoNoNo
Debit CardYes, if it is linked to First Federal Bank Checking AccountYes, if it is linked to First Federal Bank Checking AccountNoNo
Transaction Limits6 transfers per statement cycle6 transfers per statement cycle6 transfers per statement cycle6 transfers per statement cycle
Minimum to Open Account$50$5$500$5

*APY=Annual Percentage Yield.
**Monthly fee charged according to statement cycle.

Disclosures

1 Monthly fee charged according to statement cycle.

2 Transfers from a Statement Savings Account to another account or to third parties by pre-authorized automatic, telephone or computer transfers are limited to six (6) per statement cycle with no transfers by check, debit card, or similar order to third parties. A fee of $10.00 will be charged for each electronic transaction in excess of 6 per statement cycle.