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Compounded & credited quarterly. Automatic renewal for same term. 7 day grace period for deposits or withdrawals after the maturity date. Penalty for early withdrawal.
*Interest rates and Annual Percentage Yield (APY) are subject to change. Fees could reduce earnings.
Invest your money longer and earn even more.
Use our calculator to see how investing in a CD can grow your money.
As of 1/28/2026
| Product | APY | Interest Rate | Minimum Balance | Disclosures |
|---|---|---|---|---|
| 12-Month CD | 1.15% | 1.15% | $500 | |
| 18-Month CD | 1.20% | 1.20% | $500 | |
| 24-Month CD | 1.25% | 1.25% | $500 | |
| 36-Month CD | 1.35% | 1.35% | $500 | |
| 48-Month CD | 1.45% | 1.45% | $500 | |
| 60-Month CD | 1.55% | 1.55% | $500 |
*$1,000.00 Minimum deposit to open. Early withdrawal penalties may apply.
**Renewal Term is 18 months for the 18 Month CD.
***Renewal Term is 24 months for the 27 Month Jump CD
Make investing turnkey thanks to DirectSave CD. Set up automatic deposits from your First Federal Lakewood checking account into a 6-month CD.
DirectSave CD automates savings with electronic monthly contributions to your account for an incredibly easy savings plan.
You get a competitive interest rate, a practical 6-month term, convenient monthly statements, and automatic renewal when the account matures. And it only takes a $25 balance to get started.
Use our calculator to see how investing in a CD can grow your money.
As of 1/28/2026
| Product | APY | Interest Rate | Minimum Balance | Disclosures |
|---|---|---|---|---|
| DirectSave | 1.51% | 1.50% | $25 |
Compounded & credited monthly. Must set up ACH transfer of at least $25 per month from a checking account or outside savings account at account opening. Automatic renewal. 7 day grace period. Penalty for early withdrawal.
*Interest rates and Annual Percentage Yield (APY) are subject to change. Fees could reduce earnings.
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