Federal Trust has several ways to help you save for a rainy day.
Prestige Plus Savings
Everyone has something special they are saving for whether it’s a new home, car, or just for a rainy day. Manage your money wisely by opening a Prestige Plus Savings account.
- Minimum initial deposit: $100.00
- Competitive tiered interest Rates
- Low minimum balance
- FREE telephone banking
- FREE online access with checking account
- May serve as overdraft protection for checking account
Children’s Savings
Help your kids learn to save!
- Minimum initial deposit: .01¢
- No minimum daily balance requirement
- Interest compounded daily
- No account charge fee!
Certificates of Deposit
(CDs)
CDs have been popular for years as a safe and predictable investment. For short-term vacation plans or life-long investing, CDs offer maturity periods from 3 months to 5 years. There are many advantages to choosing one or more of our CDs.
- Interest rate guaranteed for the term specified on fixed rate
- Variety of terms to meet your needs
- Automatic renewal
- FDIC insured up to the maximum permitted by law
- Competitive rates of return
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