GROW Savings Account

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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 1/21/2025 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 1/21/2025 and subject to change without notice.

How can a high-yield GROW Savings Account help me?

No hidden fees:
Keep what you save with no account fees working against you.

Accelerate your savings:
A high 5.25% APY* means your money grows faster.

Be ready for anything:
Build up your emergency savings and avoid credit card debt.

Build great habits:
Regular saving is an important first step towards financial wellbeing.

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.

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