Savings

Choosing The Way You Want To Save

Select a service:

Online Convenience
Passbook Savings Accounts
Money Market Accounts
Home Federal Christmas Club
IRA Plus
Certificates of Deposit
Rates

Online Convenience

Now you can verify that deposits and checks have cleared, confirm balances and transfer between your Home Federal accounts, online, 24/7.

If you are a Home Federal customer, sign up here for this free service.

Nest Egg Money Market Account

Interest
Rate

Annual
Percentage
Yield

$100,000 or more

.75

$50,000 but less
than $100,000

.75

$10,000 but less
than $50,000

.50

Less than $10,000

.10

Minimum balance to open is $10,000. Please request further information from an employee concerning fees and terms applicable to the advertised account. Rates are subject to change daily.

NOW Account Interest Bearing Checking Account

Interest
Rate

Annual
Percentage
Yield

$25,000 or more

.10

$100 but less than $25,000

1.25

Balances less than $100 do not pay any interest

Minimum balance to open is $100. Please request further information from an employee concerning fees and terms applicable to the advertised account.
Rates are subject to change daily.

Passbook Savings Accounts

These time-tested savings accounts are the perfect savings vehicle for people of all ages who want to watch their money grow. Enjoy the convenience of depositing and withdrawing money any time you wish.

Money Market Accounts

Earn interest on your savings while still having your money available for withdrawal whenever you need it. Money market rates are set weekly and guaranteed for one month from the day you open your account. Please ask about current rates.

This account has no fees or service charges of any kind.

Deposit or withdraw money anytime, without penalty, and write up to six checks on the account per monthly statement cycle.

Home Federal Christmas Club

Save for Christmas!

It works like this:

You make 50 weekly payments of $30, $20, $10 or $5 into your account.

Interest posted at the end of term.

You receive the full account amount one week after the 50th week.

IRA Plus

This is no ordinary IRA. Use IRA Plus for both traditional IRA and Roth IRA accounts and get:

Quarterly compounding of interest for faster growth
The tax advantages:
- a tax deduction on your annual traditional IRA contributions, if you qualify.
- tax-free qualified withdrawals from a Roth IRA
- no taxes on your interest while it accrues in either type of IRA

Certificates of Deposit

Home Federal pays attractive rates on your favorite CD terms – from three months to six years.

Open your FDIC-insured account with just $1,000 or more and collect your interest three convenient ways:

Let your interest compound, resulting in the highest annual percentage yield available.
Transfer your interest to a passbook savings, money market, or checking account.
Receive monthly or quarterly interest checks on certificates of $5,000 or more.

Interest on CDs with terms of one-year or longer is compounded quarterly to pay you the highest possible annual percentage yield. Please ask for current interest rates.

Rates

Accurate as of January 11, 2022

Certificate of Deposit

Nest Egg Money Market Account

Annual
Percentage
Yield

Rate

Existing
Customer
APY

Rate

72 Month Special

1.85

1.84

1.90

1.89

60 Month

2.15

2.13

48 Month

2.05

2.03

36 Month

1.65

1.64

30 Month

1.50

1.49

25 Month Special

1.15

1.25

1.24

24 Month

.80

21 Month

.50

18 Month

.45

16 Month

.45

15 Month

.45

12 Month

.30

8 Month

.20

7 Month

.20

6 Month

.20

3 Month

.10

Minimum Balance to open and earn APY is $1,000. A substantial penalty may be imposed for early withdrawal.

Individual Retirement Accounts

Annual
Percentage
Yield

Rate

Existing
Customer
APY

Rate

18 Month Special

.45

36 Month

1.65

1.64

1.65

1.64

48 Month

2.05

2.03

2.05

2.03

60 Month

2.15

2.13

2.15

2.13

Minimum Balance to open is $500. Minimum Balance to earn
APY is $10. A substantial penalty may be imposed for early withdrawal. Please request further information from an employee concerning the fees and terms applicable to the advertised account.