First Federal Credit Union

Current Deposit Rates

View the most recent rates available for First Federal Credit Union accounts, including savings accounts, money market accounts, certificates and checking accounts.

Rates effective as of June 1st, 2024

Certificate Specials

Terms (Months) Rate APY
14 Months - 4.75%*
48 Months - 4.00%*

*Annual Percentage Yield (APY) effective as of publication date. Minimum $10,000 balance.  Penalty for early withdrawal. Rates are subject to change at any time. Insured by NCUA.

Fed Up Money Market

Balance Rate APY
$1 - 500,000+ - 2.40%*

*Variable Interest Compounded Monthly. If the daily balance is greater than $500,000, the interest rate paid on the balance greater than $500,000 is .10% APR and the annual percentage yield is .10% APY.  Minimum opening deposit of $10,000. If the Federal reserve changes the Fed Funds Overnight Rate 1/4%, the Fed Up Money Market rate on qualifying balances will change at least .10%. 

Personal Money Market

Balance Rate APY
$1-$9,999 - 0.10%
$10,000 - $24,999 - 0.25%
$25,000 - $499,999 - 0.40%
$500,000 + - 0.40%

Business/Entity Money Market

Balance Rate APY
$1 - $9,999 - 0.10%
$10,000 - $24,999 - 0.25%
$25,000 - $499,999 - 0.40%
$500,000 + - 0.40%

Choice Checking Rates

Minimum of $50 to open a Choice Checking account

Balance Rate APY
$1 - $24,999 - 0.05%
$25,000 - $49,999 - 0.10%
$50,000 - $99,999 - 0.15%
$100,000 - $199,999 - 0.20%
$200,000 - $499,999 - 0.25%
$500,000 + - 0.10%

Share Savings

  • $5 minimum deposit to open Savings, Christmas Club and Kids First Savings accounts
  • $100 minimum deposit to open an IRA Savings account
Balance Rate APY
Savings (All Balances) - 0.05%
IRA Savings ($100 Avg. Daily Balance) - 0.05%
Christmas Club (All Balances) - 0.05%
Kids First Savings Daily Average Balance $1 - $500 - 5.00%
Kids First Savings Daily Average Balance $501 + - 0.25%

 

*Certain restrictions apply. Please call 319.362.3171 for more information.
> Annual percentage yield (APY) assumes dividends and interest are compounded and credited monthly.
> All rates are variable and subject to change at any time.
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