2.11% 13-Month No-Penalty CD at First Federal Savings Bank in KY & IN - Local Only

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First Federal Savings Bank is offering a 13-month no-penalty CD with a 2.11% APY. Minimum deposit is $500. This special is shown in the main banner on the bank's front page and in this promo page as of 12/02/09. According to the small print, the special APY is good for accounts opened through December 31, 2009.

The bank also has some competitive regular CD and IRA rates including a 2.51% APY 25-month CD. Note, you're required to provide your zip code to see the rates page. So rates may vary by location.

It appears that a branch visit is required to open an account. Branches are located in Kentucky and Indiana.

The bank's ratings for safety and soundness are fair: 3 stars (performing) at Bankrate.com and 3½ stars at BauerFinancial. Both ratings are based on 6/30/09 financial data. The bank has been a FDIC member since 1936 (FDIC Certificate # 28610).

Other Competitive Certificate of Deposit Rates
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2.75% Reward Checking Account at First Federal Savings Bank in Tennessee - Local Only
Update 11/08/09: The top rate has fallen to 2.75% APY.

First Federal Savings Bank is offering a high yield reward checking account called Maximum Earnings Reward Checking. It has the following rates and features if certain monthly requirements are met:
  • 2.75% APY on balances up to $50,000
  • 1.50% APY on portion of balance over $50,000
  • 0.50% base rate if monthly requirements are not met
  • Refunds ATM fees nationwide of up to $20 per cycle
The monthly requirements include:
  • 10 non-pin based check card purchases
  • 1 direct deposit or ACH auto debit
  • Signing into your internet banking account
  • Receive e-statements
Additional features...



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4.00% CD for Terms from 18 to 35 Months at First Federal Savings Bank in PA
First Federal Savings Bank has some attractive certificate specials which include a 4.00% APY CD with terms from 18 to 35 months, a 3.25% APY CD with terms from 9 to 11 months, and a 3.80% APY CD with terms from 48 to 59 months. Minimum deposit is $1,000. These rates are listed in the bank's rate table as of 1/08/09. The rate table has an effective date range of Jan 5 to Jan 11, 2009.

It appears a branch visit is required to open an account. Branches are located in...

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