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Account Description
Flexible savings account that offers higher interest than traditional savings, but retains liquidity
Provides a guaranteed monthly floor rate with weekly opportunities for higher interest based on movements of the 13-week Treasury Bill auction average
Up to a total of six (6) preauthorized, telephone, internet or ACH withdrawals may be made per month
Interest compounds monthly
Monthly statement provided
$10,000.00 minimum to open
$10.00 fee applies if balance falls below $10,000.00
Unlimited deposits and withdrawals of $1,500.00 or more, in person ($5.00 transaction fee applies for amounts less than $1,500.00)
Account Features
Corresponding Balance Feature
eFFL Online Banking - Business
Direct Deposit
Overdraft Protection
Wire Transfers
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List of First Federal Lakewood Disclosures
Back to Business Savings Accounts
First Federal Lakewood will accept deposits from ALL counties within the state of Ohio.