Deposit Accounts

First Federal Savings Bank offers a variety of deposit accounts to meet your individual needs.


The best fit for YOU!

At First Federal Savings Bank, we believe it's all about providing the best service for our customers.  We take the time to get to know you and then we work hard to find the right products and services that will work for you.  We understand that everyone's lifestyle and budget is not the same therefore, we offer four different checking accounts

  Free Checking Premier Checking Super NOW Platinum Checking
Minimum Opening Deposit $50 $500 $1000 $5000
Mininmum Balance Required none $500 $1000 $5000
Service Charge none $10 if daily balance not maintained $10 if daily balance not maintained $15 if daily balance not maintained
Interest Bearing no yes yes tiered interest
Online Banking/Bill Pay yes yes yes yes
Mobile Deposit w/Mobile Capture yes yes yes yes
EStatements yes yes yes yes
Chip Enabled Debit Card yes yes yes yes
Other Features - - - One Stop Pay a Month, One Official Check a Month, First Box of Checks Free


Statement Savings

Looking for a basic account to start saving for whatever your future holds?  Then First Federal's Statement Savings account is just right for you.


          Interest Bearing Account 

          No Monthly Service Charge (if daily balance is maintained)

          Free Online Banking

          Free Mobile Banking

          Free EStatements


          $50 Minimum Deposit to Open

          $5 Monthly Service Charge if daily balance falls below $50


Christmas Club Account

Save for the holidays and the last payment is on us!


Make a minimum of 41 scheduled weekly payments and we will make the 42nd payment paid out in October. Payments be paid ahead of schedule but only 2 catch up payments are allowed.

Payments can be made in person or by automatic transfer to the FFSB deposit account

Payouts are made via direct deposit on October 31st, if check is requested there will be a $5 fee

Withdrawals are not permitted before payout


$5, $10, $15, $20, $25, or $30 Minimum opening deposit

Accounts must be opened by January 5, 2018

Minimum of 41 weekly deposits of $5, $10, $15, $20, $25 or $30




Money Market Account

When you're saving money, every penny counts. That's why our Money Market Account offers competitive interest rates with no monthly service charge when you maintain a modest minimum daily balance.

         Tiered Interest Bearing Checking Account

         No monthly service charge on daily balances of $1,000 and above

         Six Withdrawals per statement cycle at no charge

         Free EStatements

         Free Online Banking with Bill Pay

         Free Mobile Banking with Mobile Deposit ($.50 per deposit)

         $1000 minimum deposit to open

         $10 monthly service charge if daily balance falls below $1,000


          Money Market Account Rate Tiers*:

                  $.00 - $9,999
                  $10,000 - $49,999
                  $50,000 - $99,999
                  $100,000 and above
             *Rates based on current market conditions.

Certificate of Deposits

Whether it's next year's vacation, a future home or simply a place for your money to grow, CDs are the perfect way to save with a purpose. You can invest as little as 3 months or as long as 7 years. Our variety means more savings options.

   Fixed Rate CDs


       Minimize market risk by locking in your rate.

       Early withdrawal penalties may apply

       For current interest rates click on Current Rates 

Individual Retirement Accounts (IRA)

Ensure your golden years are worry free. IRA Accounts offer a variety of terms with competitive rates. Depositors can make contributions a little at a time or as a lump-sum. With First Federal you can choose to invest in a Traditional IRA or a ROTH IRA.


            Earn competitive rates of interest

            Terms of 3 months to 7 years

            Minimum opening deposit of $1000

            Early withdrawal penalties may apply

For current rates, call one of our three branches or just stop by and speak with a Customer Service Representative.

Your deposits are protected by FDIC Insurance



Mobile Banking

Access your accounts wherever you are!

Learn More

Personalization Settings



First Federal Savings Bank of Mascoutah would like to personalize your banking experience. Please enter your first name below..

This level of personalization will not lead to the sale of your name or leak your identity. The information you provide will only be stored on your computer and will not be transferred to the web server.

Please do not remind me again.

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