First Rate Money Market
Whatever your next savings goal may be, a First Fed First Rate Money Market can help grow your savings faster if you carry a higher balance. With a tiered interest rate, get rewarded when you maintain higher balances.
Features and Benefits:
- $0 monthly maintenance fee
- Periodic statements makes bookkeeping easier
- Easy, unrestricted access to your money at any First Fed branch
- Unlimited ATM and in-person withdrawals
- Waived fees on any withdrawals with First Fed ATMs, as well as fee waivers on 37,000+ ATMs within the MoneyPass network.1
A minimum deposit of $1,000 is required to open. This account is a tiered rate account and may earn a different rate of interest depending on the balance maintained. See below for more information.
First Rate Money Market Rates
Apply Now (opens in a new tab) (this link will show a message before it opens)| Balance | Interest Rate | APY* | Method of Compounding | Minimum Balance to Earn APY |
|---|---|---|---|---|
| $0.00 - $999.99 | 0.01% | 0.01% | Daily | $0.00 |
| $1,000.00 - $9,999.99 | 0.05% | 0.05% | Daily | $1,000.00 |
| $10,000.00 - $49,999.99 | 0.05% | 0.05% | Daily | $10,000.00 |
| $50,000.00 - $99,999.99 | 0.10% | 0.10% | Daily | $50,000.00 |
| $100,000.00 or more | 0.15% | 0.15% | Daily | $100,000.00 |
Interest Rates Effective: 12/12/2025
Revised: 12/11/2025
*Annual Percentage Yield assumes principal and interest remain on deposit for one year at the same interest rate. Fees could reduce earnings. Interest rates for the above accounts may change after account is opened. Minimum opening deposit of $1,000.00. Early closing fee of $15 if account is closed within 90 days of opening.
- A fee of $2.50 will be charged for each withdrawal from an ATM not owned or operated by First Fed. Fees will be waived if the ATM is part of the MoneyPass network.
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CDs offer competitive fixed interest rates, with a variety of terms to choose from.