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First Federal locations - Hammond and Highland Indiana

 

FDIC

Equal Housing Lender

Deposit Products

Business Checking Accounts

  • Monthly charges offset by earnings credit
  • Flat monthly maintenance fee of $5.00
  • $.15 per check paid against account
  • $.10 per deposit
  • $.10 per check deposited
  • Return of canceled checks
  • Monthly statements

Certificate of Deposit

  • Competitive interest rates based on term
  • From 3 month to 8 year terms
  • Minimum deposit of $1,000

Certificate of Deposit Mini-Jumbo & Jumbo

  • Premium interest rates on larger investments
  • Deposits from $50,000
  • From 6 to 30 month terms

FIRSTFED Money Fund

  • Premium interest rates at progressive balance tiers
  • Interest credited monthly
  • Monthly statement
  • Transfers to other accounts and third party checks limited per month
  • $10 monthly service charge if balance falls below $2,500 during the month
  • $10,000 to open account

Individual Retirement Accounts

  • Only $1,000 to open account
  • Fixed interest rate
  • Terms from 1 to 8 years

Money Market Accounts

  • Premium interest rate with minimum balance of $2,500
  • Earn NOW account rate if balance falls below $2,500
  • Transfers to other accounts and third party checks limited per month
  • $5 monthly service charge if balance falls below $100 average daily balance
  • $2,500 to open account

NOW Accounts

  • Competitive interest rate
  • Only $100 to open account
  • Interest compounded daily
  • Interest credited monthly
  • Monthly statement
  • Checks returned
  • $5 service charge if average daily balance falls below $100 during the month

Passbook Savings

  • Save the old fashion way...with a book
  • Competitive interest rate
  • Only $10 to open account
  • Interest compounded daily & credited at the end of each calendar quarter

Senior Citizens Checking (55+)

  • Competitive interest rate
  • No minimum balance
  • No per check charge
  • Initial order of 200 checks FREE
  • Return of canceled checks with monthly statement
  • NO FEES for cashier checks, money orders and notary service

We are a proud
member of:


Federal Home Loan Bank of Indianapolis



Indiana Bankers Association
Indiana Bankers Association



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