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*Annual Percentage Yield (APY) is 4.50% for the 3-month certificate, 4.30% for the 6-month certificate, 4.05% for the 9-month certificate and is accurate as of 11/19/2024. At maturity, the 3-month certificate automatically renews for a term of 3-months, the 6-month certificate renews for a term of 6-months, and the 9-month certificate automatically renews for a term of 9-months. Promotional rates available for new money only. New money is defined as money not currently on deposit with the bank. Funds must remain on deposit for the term of the certificate. A penalty for early withdrawal may apply. Fees could reduce earnings. The minimum to open the certificate of deposit is $500. This special is available for a limited time and is subject to change without notice.
Invest your money longer and earn even more.
Use our calculator to see how investing in a CD can grow your money.
As of 11/23/2024
| Product* | APY | Interest Rate | Minimum Balance | Disclosures |
|---|---|---|---|---|
| 1-Year CD | 0.30% | 0.30% | $500 | |
| 13-Month CD Special | 3.80% | 3.75% | $500 | |
| 18-Month CD** | 0.30% | 0.30% | $500 | |
| 2-Year CD | 0.35% | 0.35% | $500 | |
| 24-Month CD Special | 3.80% | 3.75% | $500 | |
| 3-Year CD | 0.40% | 0.40% | $500 | |
| 36-Month CD Special | 3.50% | 3.45% | $500 | |
| 4-Year CD | 0.45% | 0.45% | $500 | |
| 48-Month CD Special | 3.50% | 3.45% | $500 | |
| 5-Year CD | 2.32% | 2.30% | $500 |
*Annual Percentage Yield (APY) is 3.80% for the 13-month certificate, 3.80% for the 24-month certificate, 3.50% for the 36-month certificate, 3.50% for the 48-month certificate and is accurate as of 10/17/2024. At maturity, the 13-month certificate will automatically renew for a term of 12-months, the 24-month certificate will automatically renew for 24-months, the 36-month certificate will automatically renew for 36-months, the 48-month certificate will automatically renew for 48-months. Promotional rates available for new money only. New money is defined as money not currently on deposit with the bank. Funds must remain on deposit for the term of the certificate. A penalty for early withdrawal may apply. Fees could reduce earnings. The minimum to open the certificate of deposit is $500. This special is available for a limited time and is subject to change without notice.
**Renewal Term is 18 months for the 18-Month CD.
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 11/23/2024
| 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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