Savings

Savings Account

No matter what tomorrow brings you can save securely with Direct Federal. Our Savings Account offers you safety and convenience with our federally insured, fee-free savings accounts. In addition, you’ll also get quick and easy access to your money through our free online, ATM, phone, and branch transactions. Open an account today and start saving for tomorrow now.

Effective May 1, 2008

Please see the tables below for the new minimum balance requirements.

TierBalanceAnnual Percentage Yield (APY)
Tier 1 $75,000 and more 1.00%
Tier 2 $25,000 - $74,999 0.75%
Tier 3 up to $24,999 0.50%

Interest will be computed on your accounts based on the balance at the end of each day and the rate in effect that day. If you have any questions, please contact a Service Associate at 781.455.6500.