Phone: (910) 892-7187

Real Saver

Real Saver is linked to your FREE high interest Reward Checking account. Your interest earnings and nationwide ATM fee refunds are automatically deposited into your savings, where the balance earns interest again!

Summary

This savings account is paired with a First Federal Bank Reward Checking account to bring interest earnings to every penny you put in the bank.

You'll reap the rewards of 2.00% APY* while enjoying the benefits of hassle-free banking: no minimum balances and no monthly service charge.

2.00% APY* on balances up to $25,000
0.75% APY* on portion of balance above $25,000
Linked to your Reward Checking Account
No minimum balance
Interest is accrued daily, credited monthly
Free Online Banking
FDIC insured
Minimum deposit to open is $100 (no minimum thereafter)

*APY = Annual Percentage Yield

Qualifications

There are no minimum balance requirements, but you do have to have an existing (or open a new) Reward Checking account with First Federal Bank.

It's simple to receive the higher interest rate on Real Saver by just meeting these 3 easy qualifications on your Reward Checking account each statement cycle:

Make 10 debit card purchases
Make one direct deposit or ACH auto debit
Access Online Banking once

You only have to meet the qualifications once each statement cycle. Qualifying for the Reward Checking features automatically qualifies you for Real Saver. Learn more about Reward Checking here.

If you do not meet the qualifications one cycle, your Real Saver account still earns 0.10% APY* on the entire balance.

*APY = Annual Percentage Yield

More Info.

Annual Percentage Yield (APY) accurate as of 2/8/10. Rate tiers are as follows: 2.00% APY applies to balances of $.01 - $25,000 and 0.75% APY applies to balances over $25,000 as long as qualifications are met each statement cycle. 0.10% APY applies to all balances if qualifications are not met. All balances will earn 2.00% APY to 0.75% APY as long as qualifications are met. Rates may change after the account is opened. Fees may reduce earnings.