Close spiff

Ready to see how much money you can save on your monthly mortgage payment?

Personal Deposit Rates

Deposit Rates and APYs

Below rates and APYs are for reflective for Savings Accounts, CDs, and Money Markets. All rates are active as of 10/12/2020.

APY = Annual Percentage Yield

Interest Checking

Account Balance Annual Percentage Yield (APY)
$100.00 or more 0.10%

 

Minimum required to open an Interest Checking Account is $100.00. The above APY is based upon the interest rate and balance of $100.00. The above APY is accurate as of the effective date stated above. Rate and APY are variable and may change after the account is opened. Fees may reduce earnings on the account.


Money Market

Account Balance Annual Percentage Yield (APY)
$1,000 - $9,999.99 0.15%
$10,000 - $24,999.99 0.20%
$25,000 - $49,999.99 0.30%
$50,000 - $99,999.99 0.40%
$100,000 and over 0.60%

 

Minimum required to open a Money Market Account is $1000.00. The above APY is based upon the interest rate and balance of $1000.00. The above APY is accurate as of the effective date stated above. Rate and APY are variable and may change after the account is opened. Fees may reduce earnings on the account.


Statement Savings

Account Balance Annual Percentage Yield (APY)
$25 or more 0.25%

 

Minimum required to open a Savings Account is $25.00. The above APY is based upon the interest rate and balance of $100.00. The above APY is accurate as of the effective date stated above. Rate and APY are variable and may change after the account is opened. Fees may reduce earnings on the account.


CD Rates

 

**Current CD rates are only available to Illinois residents at this time**

 

CD's

Term Limits Rate Annual Percentage Yield (APY)
3 Month 0.20% 0.20%
6 Month 0.35% 0.35%
1 Year 0.65% 0.65%
18 Month 0.75% 0.75%
2 Year 0.80% 0.80%
3 Year 0.90% 0.90%
4 Year 1.04% 1.05%
5 Year 1.34% 1.35%

 

*Annual Percentage Yield (APY) is accurate as of 10/12/2020 and is subject to change. $500.00 minimum deposit to open and earn the stated CD APY, assumes interest remains on deposit until maturity. Offer valid for funds not currently on deposit with The Federal Savings Bank. A penalty may be imposed for early withdrawal, which would reduce earnings. For additional terms and conditions, call (312) 667-1980 or send an email to contactus@thefederalsavingsbank.com.

 

Jumbo CD's

Term Limits Rate Annual Percentage Yield (APY)
3 Month 0.25% 0.25%
6 Month 0.40% 0.40%
1 Year 0.70% 0.70%
18 Month 0.80% 0.80%
2 Year 0.85% 0.85%
3 Year 0.95% 0.95%
4 Year 1.09% 1.10%
5 Year 1.39% 1.40%

 

*Annual Percentage Yield (APY) is accurate as of 10/12/2020 and is subject to change. $100,000.00 minimum deposit to open and earn the stated CD APY, assumes interest remains on deposit until maturity. Offer valid for funds not currently on deposit with The Federal Savings Bank. A penalty may be imposed for early withdrawal, which would reduce earnings. For additional terms and conditions, call (312) 667-1980 or send an email to contactus@thefederalsavingsbank.com.