First Federal Savings & Loan Association of Central Illinois S.B.

Start Saving Today

We offer a wide variety of savings accounts to help everyone save for the future. We don’t require any minimum balance for savers under the age of 18, so it’s never too early to start saving!


Account Type Account Options Cost to Open
1st Fed Savings

All you need is $100 to start savings for the future!

  • Minimum balance of $100 to avoid service charge and obtain APY (no minimum balance for savers under the age of 18)
  • Maximum of 6 third-party withdrawals per month, unlimited withdrawals in person

$100

to open

Money Market

Provides both a great rate and the flexibility to write up to 6 checks per month.

  • Minimum balance of $1,000 to avoid monthly service charge and obtain APY
  • Maximum of 6 third-party withdrawals per month, unlimited withdrawals in person
  • First box of checks - free!
  • Higher rates for higher balances

$1,000

to open

Christmas Club Account

Don’t let Christmas sneak up on you!

  • No minimum deposit required to open
  • No monthly service charge
  • No minimum balance to obtain APY
  • Only one withdrawal allowed per annual cycle ending in October

$0

to open

Health Savings Account

A great way to save for medical expenses, tax-free!

  • No minimum deposit required to open
  • No monthly service charge
  • No minimum balance to obtain APY
  • Contribution limits change annually
  • You must be enrolled in a high deductible health plan (HDHP) to be eligible for a health savings account. Consult a tax professional regarding deductibility of contributions

$0

to open

IRA Savings Account

An excellent option for those just starting to save for retirement.

  • No minimum deposit required to open
  • No monthly service charge
  • No minimum balance to obtain APY
  • You must have earned income to be eligible for an IRA. Consult a tax professional regarding deductibility of contributions

$0

to open


Contact Us
To contact First Federal, please fill out the form below. Or, if you would like to contact one of our branches directly, go to our locations page for details.