Minor/Senior Savings (Under 18 or over 55 years of age)
Statement Savings
Money Market Savings
Client Money Market Advantage
Regular CD
Jumbo CD
Minimum opening deposit
$0
$300
$200
$10,000
$500
$95,000
Monthly fee
$0
$3
$8
$15
$0
$0
Minimum balance required to waive monthly fee
$0
$300
$2,500
$10,000
N/A
N/A
Minimum balance required to earn interest
Interest paid for all balances
$300
$500
$10,0002
N/A
N/A
Interest compounded
Daily
Daily
Tiered interest compounded daily
Tiered interest compounded daily
Quarterly
Quarterly
Term
None
None
None
None
30 days to one year
30 days to five years
Check writing
No
No
No
Yes
No
No
ATM cash withdrawal4
Yes
Yes
Yes
Yes
No
No
Free electronic transfers to First Fed checking5
Yes
6
6
6
No
No
Monthly fee applies if minimum balance is not met on any single day during the statement cycle.
Balances less than $10,000 earn Statement Savings Rate.
Average ledger balances above $50,000 earn premium rates. Average balances below $50,000 earn interest at Client Money Market Advantage rates. Talk to your First Fed personal banker for details.
First Federal Bank of California ATM charges waived; however, third party charges may apply.
There are no limitations to the number of transfers performed in person or through an ATM. Transfers other than those described are limited to six per statement cycle.
All deposit accounts are FDIC-insured up to the maximum allowed by law.
