We give businesses a competitive advantage
First Fed is here to help you with your daily operations as well as planning for the future.
Benefits You'll Love
- Individually tailored business solutions and support
- Concierge-level service and professional expertise
- Best-in-class products that improve your business
- Financial strategies and planning
Safely and conveniently manage your funds by utilizing First Fed's online and mobile banking platforms. Take advantage of tools and functions like:
- Real-Time Balances - Providing an up-to-the-second view of your finances and cashflow.
- Multi-Level Security - Grant access to your employees at varying permission levels, allowing them to do the work that is needed while maintaing privacy and security.
- Unlimited Business Bill Pay - Our online banking offers complimentary bill pay with unlimited usage. Also enjoy benefits like no monthly or per-item fees (analysis fees) when paying bills as well as options like requesting expedited payments and the ability to retain up to two years of payment history.
Additional Features:
- Easily View Transaction History
- Review Account Statements and Check Images
- Download to Quicken or QuickBooks
- Transfer Between First Federal Bank Accounts, Including Payments to a First Fed Business Loan
- Ability to Set Reminders and Alerts
- Reorder Checks
Mobile App - The First Fed mobile app seamlessly integrates with your First Federal Bank accounts. You can transfer funds, make payments, and link accounts from other institutions.
- Download the Apple (iOS) version here: Apple App Store
- Download the Android version here: Google Play
Online and Mobile Banking Assistance:
Quickly pay your employees and vendors with First Fed's Automated Clearing House (ACH) Origination service. With ACH Origination, everything is done electronically so there is no need to buy checks, printing supplies, or worry about checks getting lost in the mail.
It just makes sense that your financial partner would also help your business with collecting and processing payments. First Fed is proud to partner with Elavon to provide businesses with fast, secure payments that drive revenue and customer satisfaction.
Our Payment Solutions:
- Accept All Payment Types
- Credit, debit, and digital wallet payments (including Apple Pay and Google Pay)
- Include 24/7/365 Customer Support
- Provide Customized Online Reporting and Support Tools
- Protect Your Payments Data
- Data security solutions help protect your customer payment data
- Offer Fast Funding Options
Features and Benefits of Partnering with First Fed and Elavon:
- Preferred Equipment Pricing
- No Contract Termination Fee
- Clear and Upfront Pricing
- Services Tailored to Your Business
- Dedicated Customer Account Manager
Scan and securely submit your deposits from the convenience of your office or home with Remote Deposit Capture*. Better yet, it is even easier to set up and use!
Features and Benefits of Remote Deposit Capture:
- Make Deposits When it is Convenient for You
- Same Day Deposits
- Extended Banking Hours
- Online Access to Images, Deposits, and Reports for Two Years
- Export Accounts Receivable Data to Your Accounts Receivable System
- Multi-Level Security Access
- Consolidate Field Deposits
*Fees are associated with this product. Internet service required, data rates may apply.
First Fed's Cash Management* services are a suite of powerful solutions that can give your business the boost it needs. By combining Cash Management with our professional expertise, we can simplify and optimize your working capital and cashflow. These efficiencies will allow you and your employees to focus on other business needs, helping to drive growth and increase customer satisfaction.
Cash Management Includes:
- Wire Transfer - Save time by utilizing our Wire Transfer solution. This service allows you to easily initiate domestic and international wire transfers securely online. In addition, you can receive real-time wire notifications, and add the dual control security option for even more peace of mind.
- Automated Clearing House (ACH) Origination - Refer to tab on left side of page to learn more.
- Positive Pay - Refer to tab on left side of page to learn more.
*Fees are associated with this product. Terms and conditions apply. Visit any branch for details.
The security of your business is our top priority at First Fed. Add another layer of important business security by utilizing our Positive Pay service. With Positive Pay, you can protect your business against check fraud by easily monitoring and identifying unusual or unauthorized payment activity.
How the Service Works - You provide a list of authorized business transactions, and if an unauthorized payment appears, you receive an alert allowing you to quickly decline the payment or decide to review it further.
Quickly receive and deposit checks sent through the mail as well as enjoy heightened security with Lockbox Remittance Processing. Through this service, your business's customers mail their payments to a centralized address instead of your business address. You then collect, process, and deposit those checks directly into your accounts receivable system and your bank account. If you prefer, First Fed can also manage the overall process for you, taking everything off your hands.
Features and Benefits of Lockbox Remittance Processing:
- Helps Reduce Fraud Through Improved Controls, Segregation of Duties, and Creation of an External Audit Trail
- Quicker Check Processing
- Payments Deposited Directly into Your Bank Account
- Eliminates Manual Entry of Accounts Receivable
- Reduces Employee Time and Overhead Costs Associated with Accounts Receivable Work
- Daily Electronic Reports, Including Check Posting
- Research Support
- HIPPA Compliant
Centralize all your bank accounts at First Fed to streamline your banking experience and still receive the FDIC coverage you want. With an IntraFi Deposit Account, you no longer have to spend time banking at multiple financial institutions to ensure your funds are covered by the FDIC. Instead, all your funds can reside at First Fed, earning a competitive interest rate, insured, and accessible whenever they are needed.
How IntraFi Works - First Fed partners with other IntraFi Network banks to divide your funds (behind-the-scenes) so they receive FDIC coverage. However, your complete banking relationship remains with First Fed.
Use this calculator to determine your projected earnings from our Kasasa Cash account. Move the sliders or type in the numbers to see your potential rewards.
- Estimated Annual Rewards $0
- Estimated monthly interest earned* $0
- Monthly ATM fees refunded**$0
This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.
- Net cost of buying $0
- Net cost of leasing $0
A fixed-rate, fixed-term CD can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.
- Total value at maturity $0
- Total interest earned $0
- Annual Percentage Yield (APY)0.000%
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
- Monthly deposit needed to reach goal $0
This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.
- Estimated monthly payment $0
- Total paid $0
- Total interest paid $0
Business Money Market
| Tier | Average Daily Balance Range | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| 1 | Below $1,000.00 | 0.0500% | 0.05% |
| 2 | Equal to or greater than $1,000.00 but less than $10,000.00 | 0.2500% | 0.25% |
| 3 | Equal to or greater than $10,000.00 but less than $25,000.00 | 0.5000% | 0.50% |
| 4 | Equal to or greater than $25,000.00 but less than $50,000.00 | 0.7500% | 0.75% |
| 5 | Equal to or greater than $50,000.00 but less than $100,000.00 | 1.0000% | 1.00% |
| 6 | Equal to or greater than $100,000.00 but less than $250,000.00 | 1.5000% | 1.51% |
| 7 | Equal to or greater than $250,000.00 but less than $500,000.00 | 2.0000% | 2.02% |
| 8 | Equal to or greater than $500,000.00 but less than $1,000,000.00 | 2.5000% | 2.53% |
| 9 | Equal to or greater than $1,000,000.00 but less than $2,500,000.00 | 3.0000% | 3.04% |
| 10 | Equal to or greater than $2,500,000.00 | 3.2500% | 3.30% |
Rates are accurate as of 12/2/2024. Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account. We may change the interest rate on your account at any time. There are no maximum or minimum interest rate limits for this account. Interest will be compounded monthly and will be credited to the account monthly. If you close your account before interest is credited, you will receive the accrued interest. You must deposit $1,000.00 to open this account. A service fee of $10.00 will be imposed every month if the average daily balance for the month falls below $1,000.00. You must maintain a minimum average daily balance of $5.00 to obtain the disclosed annual percentage yield. A dormant account fee of $5.00 per month will be charged after 12 months of inactivity. Interest earnings credited to the account, if any, are not considered account activity.
We use the average daily balance method to calculate interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The average daily balance that we use when calculating interest is the collected balance. That means we only include those funds for which we have actually received payment when we determine the average daily balance on which interest is paid. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Withdrawals from your MMDA are limited to six (6) per statement cycle. A fee of $10.00 will be charged for each transaction in excess of limit. Please refer to the separate Fee Schedule provided to you with this disclosure for information about fees and charges associated with this account. A Fee Schedule will be provided to you at the time you open an account, periodically when fees or charges change, and upon request.
Certificates of Deposit (CDs)
| Term | Interest Rate | APY |
|---|---|---|
| 5-Month Rate Bump w/ Checking1 | 4.05% | 4.13% |
| 5-Month Rate Bump w/o Checking1 | 3.61% | 3.67% |
| 3 Months | 3.80% | 3.87% |
| 6 Months | 3.96% | 4.03% |
| 12 Months | 3.60% | 3.66% |
| 18 Months | 3.46% | 3.52% |
| 30 Months | 3.00% | 3.04% |
| 4 Years | 3.05% | 3.09% |
| 5 Years | 3.10% | 3.14% |
$500 Minimum Deposit to Open.
Interest rates and APYs are accurate as of 12/19/2024. Rates are subject to change at any time.
Annual Percentage Yield (APY) assumes interest credited is not withdrawn until maturity or renewal. Principal withdrawals prior to the maturity or renewal date may be subject to early withdrawal penalties. Penalties are not assessed if the account holder is deceased. Renewal grace period is seven (7) calendar days. Fees may reduce earnings on the account. Stated APY is current as of 12/19/2024.
1 If, during the original term of this CD, our CD rate for the same term increases, the account holder(s) may request a one-time increase to the originally disclosed rate. This request will not alter the original maturity date. First Federal Bank checking account required to earn 4.13% annual percentage yield (APY). Customers without a First Federal checking account earn 3.61% with an APY of 3.67%.
Home Equity Loans
| Product | Rate | APR |
|---|---|---|
| Home Equity Line of Credit (HELOC)1 | 7.250% | 7.273% |
| Home Equity Loan2 | 6.875% | 6.909% |
For products not listed above, including government insured, contact one of our Mortgage Banking Professionals.
1HELOC stated APR Annual Percentage Rate (APR) subject to criteria, including automatic payment from a First Federal checking account. HELOC initial payment is interest-only. Line of credit is accessible for ten years followed by a fifteen-year repayment period. Variable interest rate may increase after consummation. Property insurance may apply. Maximum APR of 18.00%. You may also be required to pay certain fees to third parties (such as appraisers, credit reporting firms, and government agencies) to open a line. If you ask, we will give you an itemization of the fees you will have to pay to third parties. In Idaho, the title insurance premium (if applicable) and mortgage recording tax will be based on the maximum amount of the credit line available to you, regardless of how much is advanced to you at any time. Rate quoted is for liens in first position. Loans in second lien position will have higher rates.
2Consult your tax advisor. Deductibility of mortgage interest may vary dependent on your individual tax situation and purpose of loan funds.
3Rates vary by qualification and term selected. Rate quoted is for liens in first position. Loans in second lien position will have higher rates.
Jumbo Certificates of Deposit
| Term | Interest Rate | APY |
|---|---|---|
| 5 - Month Rate Bump w/ Checking1 | 4.15% | 4.23% |
| 5 - Month Rate Bump w/o Checking1 | 3.71% | 3.77% |
| 3 Months | 3.90% | 3.97% |
| 6 Months | 4.05% | 4.13% |
| 12 Months | 3.70% | 3.76% |
| 18 Months | 3.56% | 3.62% |
| 30 Months | 3.10% | 3.14% |
| 4 Years | 3.15% | 3.20% |
| 5 Years | 3.20% | 3.25% |
$100,000 minimum deposit to open.
Interest rates and APYs are accurate as of 12/19/2024 Rates are subject to change at any time.
Annual Percentage Yield (APY) assumes interest credited is not withdrawn until maturity or renewal. Principal withdrawals prior to the maturity or renewal date may be subject to early withdrawal penalties. Penalties are not assessed if the account holder is deceased. Renewal grace period is seven (7) calendar days. No minimum balance is required to obtain the disclosed APY. Fees may reduce earnings on the account.
1 If, during the original term of this CD, our CD rate for the same term increases, the account holder(s) may request a one-time increase to the originally disclosed rate. This request will not alter the original maturity date. First Federal Bank checking account required to earn 4.23% annual percentage yield (APY). Customers without a First Federal checking account earn 3.71% with an APY of 3.77%.
Kasasa Cash*
| Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| 0 - $15,000 | $x | 0.00% | 0.00% |
| $15,000+ | $x | 0.00% | 0.00% |
| All balances if qualifications not met | $x | 0.00% | 0.00% |
Qualifications
xx
Kasasa Saver*
| Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| 0 - $15,000 | $x | 0.00% | 0.00% |
| $15,000+ | $x | 0.00% | 0.00% |
| All balances if qualifications not met | $x | 0.00% | 0.00% |
Qualifications
xx
Loan Rates
Loan Rates
Money Market
| Tier | Average Daily Balance Range | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| 1 | Below $1,000.00 | 0.0500% | 0.05% |
| 2 | Equal to or greater than $1,000.00 but less than $10,000.00 | 0.2500% | 0.25% |
| 3 | Equal to or greater than $10,000.00 but less than $25,000.00 | 0.5000% | 0.50% |
| 4 | Equal to or greater than $25,000.00 but less than $50,000.00 | 0.7500% | 0.75% |
| 5 | Equal to or greater than $50,000.00 but less than $100,000.00 | 1.0000% | 1.00% |
| 6 | Equal to or greater than $100,000.00 but less than $250,000.00 | 1.5000% | 1.51% |
| 7 | Equal to or greater than $250,000.00 but less than $500,000.00 | 2.0000% | 2.02% |
| 8 | Equal to or greater than $500,000.00 but less than $1,000,000.00 | 2.5000% | 2.53% |
| 9 | Equal to or greater than $1,000,000.00 but less than $2,500,000.00 | 3.0000% | 3.04% |
| 10 | Equal to or greater than $2,500,000.00 | 3.2500% | 3.30% |
Rates are accurate as of 12/2/2024. Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account. We may change the interest rate on your account at any time. There are no maximum or minimum interest rate limits for this account. Interest will be compounded monthly and will be credited to the account monthly. If you close your account before interest is credited, you will receive the accrued interest. You must deposit $1,000.00 to open this account. A service fee of $10.00 will be imposed every month if the average daily balance for the month falls below $1,000.00. You must maintain a minimum average daily balance of $5.00 to obtain the disclosed annual percentage yield. A dormant account fee of $5.00 per month will be charged after 12 months of inactivity. Interest earnings credited to the account, if any, are not considered account activity.
We use the average daily balance method to calculate interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The average daily balance that we use when calculating interest is the collected balance. That means we only include those funds for which we have actually received payment when we determine the average daily balance on which interest is paid. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Withdrawals from your MMDA are limited to six (6) per statement cycle. A fee of $10.00 will be charged for each transaction in excess of limit. Please refer to the separate Fee Schedule provided to you with this disclosure for information about fees and charges associated with this account. A Fee Schedule will be provided to you at the time you open an account, periodically when fees or charges change, and upon request.
SuperSaver Savings
| Daily Balance Range | Interest Rate | Depending on Account Balance, Annual Percentage Yield (APY1) will: |
|---|---|---|
| $0.01 to $500.00 | 10.00% | Equal 10.47% APY |
| NEXT $500 $500.01 to $1,000.00 |
5.00% | Range from 10.47% to 7.79% APY |
| NEXT $1,000 $1,000.01 to $2,000.00 |
1.00% | Range from 7.79% to 4.40% APY |
| Greater than $2,000.00 | 0.10% | Range from 4.40% to 0.10% APY |
1 To qualify for the Annual Percentage Yield (APY), the following requirements must be met during a monthly statement cycle: Minimum of one (1) Round-Up transfer2 from checking account; minimum of one (1) deposit of at least $30 or two (2) deposits of at least $15; no withdrawal transactions; receive e-statements. If eligibility requirements are not met, the interest rate will be 0.10% with an APY of 0.10%. Interest is compounded and credited monthly. $10 minimum opening deposit required. The APY is accurate as of 9/18/2023. The interest rate on this variable rate account may change at any time at our discretion. Each primary account holder is allowed one (1) SuperSaver account per tax identification number.
2 Round-Up transfers must be posted, not pending or processing.