All of the Federation Bank savings accounts include free WebBank internet banking, free online statements and free overdraft sweeps. Please contact us for more information.
Certificate of Deposit (CDs)
A safe and competitive investment
- FDIC Insured up to $250,000
- Guaranteed interest rate
- Terms from 91 days, up to 60 months available
- Be sure to ask about our CD Specials
- Click here to see our current rates!
You deserve to earn more
- Four tiers of interest rates
- $1,000 minimum to open
- No minimum balance to maintain to keep account open
Health Savings Accounts (HSA's)
For our customers with a high deductible health plan
- Variable interest rate on entire balance
- $50 minimum to open
- No minimum balance to maintain
- Unlimited check writing
- No monthly service fee
Individual Retirement Accounts (IRA's)
The way to save for your retirement
- FDIC insured separately from other deposit accounts - up to $250,000
- Guaranteed interest rates
Great savings convenience
- Earn interest on your deposits with low minimum balance requirements
- $50.00 minimum to open
- Avoid a $5.00 service charge by maintaining a $50 average daily balance
Our exclusive club for ages 0-13
- Includes free piggy bank at opening
- Reward with every deposit $5.00 and greater
- Privilege to attend PennySavers Club parties
- $10.00 minimum to open
An EASY way to save for the holidays Flexible account designed to fit the needs of everyone
- Ability to make weekly, bi-weekly, bi-monthly or monthly deposits
- YOU get to choose the amount you want to reach for as a goal (and to earn as a bonus)
- Bonus paid if “goal” is met without making a withdrawal and the account is opened before January 1st.
- Bonus is equal to one week’s deposit and must be determined by January 1st*
- Receive a direct deposit in Mid-October of your entire balance including the Bonus if you earned one. (Bonus is credited to your account the 2nd Friday in October)
- In addition to the bonus, you also earn interest paid on your entire balance. Open the account with just $10.00
*Bonus not to exceed $100.
See current rate sheet for interest rate and annual percentage yield. Interest rate may vary.