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⁺Promotional rates available for new money only. New money is defined as money not currently on deposit with the bank.
*Interest rates and Annual Percentage Yield (APY) are subject to change. Fees could reduce earnings. Early withdrawal penalties may apply.
Invest your money longer and earn even more.
Use our calculator to see how investing in a CD can grow your money.
As of 4/24/2024
| Product* | APY | Interest Rate | Minimum Balance | Disclosures |
|---|---|---|---|---|
| 1-Year CD | 0.30% | 0.30% | $500 | |
| 13-Month CD Special⁺ | 4.84% | 4.75% | $500 | |
| 18-Month CD** | 0.30% | 0.30% | $500 | |
| 2-Year CD | 0.35% | 0.35% | $500 | |
| 24-Month CD Special⁺ | 3.81% | 3.75% | $500 | |
| 3-Year CD | 0.40% | 0.40% | $500 | |
| 36-Month CD Special⁺ | 4.25% | 4.18% | $500 | |
| 4-Year CD | 0.45% | 0.45% | $500 | |
| 48-Month CD Special⁺ | 4.25% | 4.18% | $500 | |
| 5-Year CD | 2.32% | 2.30% | $500 |
*Interest rates and Annual Percentage Yield (APY) are subject to change. Fees could reduce earnings. Early withdrawal penalties may apply.
**Renewal Term is 18 months for the 18 Month CD.
⁺Promotional rates available for new money only. New money is defined as money not currently on deposit with the bank.
Make investing turnkey thanks to DirectSave CD. Set up automatic deposits from your First Federal Lakewood checking account into a 6-month CD.
DirectSave CD automates savings with electronic monthly contributions to your account for an incredibly easy savings plan.
You get a competitive interest rate, a practical 6-month term, convenient monthly statements, and automatic renewal when the account matures. And it only takes a $25 balance to get started.
Use our calculator to see how investing in a CD can grow your money.
As of 4/24/2024
| Product* | APY | Interest Rate | Minimum Balance | Disclosures |
|---|---|---|---|---|
| DirectSave | 0.20% | 0.20% | $25 |
*Interest rates and Annual Percentage Yield (APY) are subject to change. Fees could reduce earnings. $25 Minimum deposit to open. Early withdrawal penalties may apply. At least one electronic deposit per month, $25 minimum, is required.
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