Money Market Account Rates at First Federal Savings & Loan

First Federal Savings & Loan based in Independence, Kansas, is advertising two different types of money market fund rates. First Federal Savings & Loan is advertising First Money Fund account rates and Platinum Money Fund Account rates. Interest rates on the money market fund accounts are tiered. The highest money market rate is on the bank's Platinum Money Fund with account balances higher than $50,000. The current rate 0.70 percent with a yield of 0.70 percent.

First Federal Savings & Loan’s First Money Fund account rates for balances of under $2,500 earn an interest rate of 0.10 percent with an APY of 0.10 percent. First Money Fund account balances of $2,500 or more earn a rate of 0.20 percent with an APY of 0.20 percent. You can get rates higher in Independence or elsewhere.

The savings and loan's Platinum Money Fund account balances of $10,000 or less earn a rate and yield of 0.30 percent. Account balances of $10,000 to $30,000 earn an rate and yield of 0.40 percent. Account balances of $30,000 to $40,000 earn a rate and yield of of 0.50 percent. Account balances of $40,000 to $50,000 earn a rate and yield of 0.60 percent and balances $50,000 over earn a rate and yield of 0.70 percent.

First Federal Savings & Loan is also advertising CD rates and checking account rates. For a current list of all rates visit firstfederalsl.com.