Bank · FDIC insured
Federation Bank Savings Rates
Federation Bank’s best savings rate is 0.10% APY on $10,000, with its Money Market. Rates checked October 16, 2026.
How Federation Bank’s savings rates compare
Compared with banks and credit unions near Iowa City, IA, where Federation Bank has the most branches. $10,000, best rate first.
This bank’s best
Federation Bank
0.10%APY
- Minimum
- $1,000
- Earns on $10,000 a year
- $10
Money Market
Top rate
Collins Community Credit Union
3.05%APY
- Minimum
- $1,000
- Earns on $10,000 a year
- $305
2nd-highest rate
Dupaco Community Credit Union
2.25%APY
- Minimum
- $0
- Earns on $10,000 a year
- $225
Federation Bank savings score
66
Savings score
Higher than 15% of U.S. banks and credit unions
- $1,000 balance$1,0000.10%
- $10,000 balance$10,0000.10%
- $100,000 balance$100,0000.50%
- QualifiedQualified0.10%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Federation Bank ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Earnings Money Market
0.25%APY
The annual percentage yield may change at any time at our discretion after the account as been opened ** Fees may reduce the earnings of the account.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $1,000 | 0.00% | — |
| $1,000 – $25,000 | 0.25% | $25 |
| $25,000 – $50,000 | 0.35% | — |
| $50,000 – $100,000 | 0.45% | — |
| $100,000 – $250,000 | 0.50% | — |
| $250,000 and up | 0.75% | — |
Sources (1)
- federationbankia.com/rates · captured Oct 5, 2026
Money Market
0.10%APY
The annual percentage yield may change at any time at our discretion after the account as been opened ** Fees may reduce the earnings of the account. FREE eStatement ($2.50 quarterly for paper statement). No minimum balance to maintain to keep account open.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $1,000 | 0.00% | — |
| $1,000 – $25,000 | 0.10% | $10 |
| $25,000 – $50,000 | 0.15% | — |
| $50,000 – $100,000 | 0.25% | — |
| $100,000 and up | 0.35% | — |
Statement Savings
0.05%APY
Avoid a $5.00 monthly service charge by maintaining a $50 average daily balance. Paper statements are $2.50 quarterly; eStatements are free.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Over $0$5.00 monthly service charge waived by maintaining a $50 average daily balance. Paper statements are $2.50 quarterly; eStatements are free.Over $0 | 0.05% | $5 | $5.00 monthly service charge waived by maintaining a $50 average daily balance. Paper statements are $2.50 quarterly; eStatements are free. |
Special-purpose accounts
Christmas Club
0.05%APY
Flexible deposit schedule (weekly, bi-weekly, bi-monthly, or monthly). Bonus paid in October if goal is met without making a withdrawal and opened before January 1st (bonus equals one week deposit up to $100). Paper statements are $2.50 quarterly; eStatements are free.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Over $0Bonus equal to one week deposit (max $100) paid in October if goal is met without making a withdrawal and account opened before January 1st. Paper statements are $2.50 quarterly; eStatements are free.Over $0 | 0.05% | $5 | Bonus equal to one week deposit (max $100) paid in October if goal is met without making a withdrawal and account opened before January 1st. Paper statements are $2.50 quarterly; eStatements are free. |
Health Savings Account
0.05%APY
For customers with a high deductible health plan.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Over $0For customers with a high deductible health plan. Unlimited check writing. No monthly service fee.Over $0 | 0.05% | $5 | For customers with a high deductible health plan. Unlimited check writing. No monthly service fee. |
IRA Savings
0.05%APY
FDIC insured separately up to $250,000. Penalty-free withdrawals allowed to satisfy RMD. Paper statements are $2.50 quarterly; eStatements are free.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Over $0Penalty-free withdrawals to satisfy RMD. Paper statements are $2.50 quarterly; eStatements are free.Over $0 | 0.05% | $5 | Penalty-free withdrawals to satisfy RMD. Paper statements are $2.50 quarterly; eStatements are free. |
PennySavers Club
0.05%APY
Exclusive club for ages 0-13. Includes free piggy bank at opening and privilege to attend PennySavers Club parties. No minimum balance to maintain. Free paper statement.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Over $0For ages 0-13. Free paper statement.Over $0 | 0.05% | $5 | For ages 0-13. Free paper statement. |
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.