GROW Savings Account
You want to save. Let's make it happen!
Saving is rewarded with our high-yield GROW Savings Account. That's because you earn 5.25% APY* for balances up to $2,499.99. If saving money has felt out of reach, knowing your money is earning a great rate in your account can be the jump start you need to create great saving habits. Get started now and watch your savings GROW.
| Minimum Balance to Earn APY | Interest Rate | APY* |
|---|---|---|
| $0 – $2499.99 | 5.13% | 5.25% |
| $2500.00 and over | 0.10% | 0.23 to 5.25% |
*APY = Annual percentage yield. Annual Percentage Yield (APY) is accurate as of 11/14/2024. First Tier: Account balances with $0 to $2499.99 will earn an interest rate of 5.13% and an APY of 5.25%. Second Tier: Account balances of $2,500.00 or more thereafter will earn an interest rate of 0.10% with an APY of 0.23% to 5.25%. GROW Savings Account requires an active consumer checking account. Rate and APY may change after account is opened. Fees may reduce earnings.
Rates accurate as of 12/21/2024 and subject to change without notice.
Deposit Rates
| Minimum Balance to Earn APY | Interest Rate | APY* |
|---|---|---|
| $0 – $2499.99 | 5.13% | 5.25% |
| $2500.00 and over | 0.10% | 0.23 to 5.25% |
*APY = Annual percentage yield. Annual Percentage Yield (APY) is accurate as of 11/14/2024. First Tier: Account balances with $0 to $2499.99 will earn an interest rate of 5.13% and an APY of 5.25%. Second Tier: Account balances of $2,500.00 or more thereafter will earn an interest rate of 0.10% with an APY of 0.23% to 5.25%. GROW Savings Account requires an active consumer checking account. Rate and APY may change after account is opened. Fees may reduce earnings.
Rates accurate as of 12/21/2024 and subject to change without notice.
How can a high-yield GROW Savings Account help me?
No hidden fees: Save more with no account fees.
Accelerate your savings: 5.25% APY* boosts your savings each day.
Be ready for anything: Avoid credit card debt by building up emergency savings.
Build great habits: Starting a savings account is the first step towards being in control of your finances.
Account Details
- Only $25 deposit to open
- No minimum account balance required
- Earn interest to boost your savings balance
- Eligible for automatic transfer from any FFBKC checking account
- No maintenance fees
- Linking to your First Federal Bank checking gives you access to your money through free MoneyPass® and Allpoint® ATMs nationwide
- Free mobile and online banking
- Free e-Statements
- An active checking account is required to open a GROW Savings Account
- Limited to one GROW Savings Account per tax reporting account owner
What is a high-yield savings account?
(And how can It help me save?)
Requires a $25 deposit to open.
*APY = Annual percentage yield. Annual Percentage Yield (APY) is accurate as of 11/14/2024. First Tier: Account balances with $0 to $2499.99 will earn an interest rate of 5.13% and an APY of 5.25%. Second Tier: Account balances of $2,500.00 or more thereafter will earn an interest rate of 0.10% with an APY of 0.23% to 5.25%. GROW Savings Account requires an active consumer checking account. Rate and APY may change after account is opened. Fees may reduce earnings.