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Commercial Savings
First Federal Bank’s business savings accounts help you manage excess cash with great rates and low minimum balance requirements. Whether you are looking for a guaranteed rate of return, or liquidity, our savings options give you the flexibility you need. Talk to your business banker today for more details.
Business Savings
A Commercial Savings account is a secure, convenient way to help your business grow and save for the future!
- Earns a competitive interest rate
- No monthly service fee
- No minimum balance requirement
Commercial Money Market
A Commercial Money Market account offers a high rate of return on your deposits while providing convenient and secure access to your funds.
- Enhanced earnings rates with qualifying balance of $2,500 or more
- $10 monthly service charge if balance falls below $2,500
- No corresponding Business Checking account required
1031 Exchange Money Market
A 1031 Exchange Money Market account helps you to defer your capital gains and reinvest your equity into higher-yielding investments.
- Earn a competitive interest rate
- No monthly service fee
- No minimum balance requirement
Certificates of Deposit
A Certificate of Deposit offers businesses a safe and secure way to grow their savings with a guaranteed rate of return! Click on the link for current specials
- Can be used to help businesses save for short-term or long-term goals, such as buying new equipment, expanding operations, or building up a cash reserve.
- Offers higher yields than savings accounts, so they can be a great way to grow your business’s funds.
- CDs are insured by the FDIC up to $250,000 per depositor, so your funds are safe
