Certificates of Deposit

First Federal Savings Bank’s CDs are the SMART way to SAVE!

Watch Your Money Grow

Our Certificates of Deposit offer guaranteed yields, flexibility, and the safety of FDIC insurance. With a wide range of terms, you can open a CD for as little as $500 with a guaranteed rate of return. From short term to long term, First Federal Savings Bank is here to help you meet your investment needs.

Current Rates

Featured Rates

182 Day CD

4.50 % APY*

$2,500 minimum to open.

1 Year CD

4.40 % APY*

$500 minimum to open.

Features and Benefits

Your savings will grow faster with our high interest rates.

Your interest rate will stay the same throughout the term.

You decide which term works best for you.

Your money is insured by the government for up to $250,000.

Expert Guidance Available

Connect with a Retail Banker

or visit a branch today!

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Deposit Operations Support strives to provide you with exceptional customer service.  We are available 8:00 am to 5:00 pm CST Monday through Friday (excluding bank holidays) to assist with inquiries and requests regarding these products.


Please contact us by calling 812-492-8200 or via email at depositoperations@fbei.net.

Rate are accurate as of 10/03/24.
Rates subject to change without notice.
APY (Annual Percentage Yield)
A penalty will be imposed for early withdrawal.