Advantage Savings


Save more of your money with a free account. Advantage Savings charges no monthly service fee as long as you maintain an active First Federal checking account.

Earn interest on your entire balance, plus keep track of your progress 24/7 with free convenient services like mobile and online banking. It’s savings designed to your advantage.

  • Free with any active First Federal checking account
  • Competitive interest on entire balance
  • No monthly service fee
  • No minimum balance requirement
  • Limit of 6 preauthorized debits*
  • Free online banking
  • Free mobile banking
  • Free e-Statements
  • Free telephone banking
  • Direct deposit available

*You may make an unlimited number of deposits to your account by any method (in person, direct deposit, automatic transfers, telephone and internet banking transfers, etc.)

You may also make an unlimited number of transfers to a First Federal loan or withdrawals which are made in person, by mail, or by ATM are permitted.

Preauthorized debits are restricted to six (6) preauthorized debits per month. Preauthorized debits include ACH debits, overdraft sweep transfers, telephone and internet banking transfers, automatic transfer to another First Federal deposit account, check, debit card, or similar order payable to third parties. Additional transactions will incur a $10 transaction fee. Exceeding transaction limits may result in the account being converted to a checking account. Contact a customer service representative for additional information regarding allowed or restricted transactions.