Bank · FDIC insured
First Federal Savings of Lorain CD Rates
First Federal Savings of Lorain’s best CD rate is 0.30% APY on a 30-month CD. Terms run from 3 months to 4 years. Rates checked October 16, 2026.
How First Federal Savings of Lorain’s CD rates compare
Compared with banks and credit unions near Cleveland, OH, where First Federal Savings of Lorain has the most branches. $10,000, best rate first.
This bank’s best
First Federal Savings of Lorain
4.60%APY
- Term
- 35 months
- Requires
- Another account
- Minimum
- $250
- Earns on $10,000
- $1,402
CD Specials
Top rate
7 17 Credit Union
4.75%APY
- Term
- 60 months
- Requires
- None
- Minimum
- $500
- Earns on $10,000
- $2,612
3rd-highest rate
Cardinal Credit Union
4.50%APY
- Term
- 7 months
- Requires
- None
- Minimum
- $5,000
- Earns on $10,000
- $260
First Federal Savings of Lorain CD score
61
CD score
Higher than 4% of U.S. banks and credit unions
- 3–8 months3–8 mo0.08%
- 9–15 months9–15 mo0.10%
- 16–30 months16–30 mo0.30%
- 31–60 months31–60 mo0.30%
- QualifiedQualified4.60%
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 First Federal Savings of Lorain ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
CD Specials
Up to 4.60%APY · 4 terms
Limited time offer. Minimum opening deposit is $250; minimum daily balance of $250 required to obtain APY. Compounded quarterly and at end of term. Early withdrawal penalty may apply. Rollover terms apply if no action is taken at maturity.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 8 monthsIf no action, rollovers to a 12 month CD at maturity | 4.06% | $269 |
| 8 monthsRequires Flagship Checking Account (.25% interest rate bump). Flagship checking account must remain open for 6 months or an early account closing fee of $25 applies. Trust, Estate, specialty titled accounts, and employees excluded | 4.32% | $286 |
| 15 monthsIf no action, rollovers to a 18 month CD at maturity | 4.10% | $515 |
| 15 monthsRequires Flagship Checking Account (.25% interest rate bump). Flagship checking account must remain open for 6 months or an early account closing fee of $25 applies. Trust, Estate, specialty titled accounts, and employees excluded | 4.36% | $548 |
| 20 monthsIf no action, rollovers to a 24 month CD at maturity | 4.20% | $710 |
| 20 monthsRequires Flagship Checking Account (.25% interest rate bump). Flagship checking account must remain open for 6 months or an early account closing fee of $25 applies. Trust, Estate, specialty titled accounts, and employees excluded | 4.46% | $754 |
| 35 monthsIf no action, rollovers to a 36 month CD at maturity | 4.35% | $1,322 |
| 35 monthsRequires Flagship Checking Account (.25% interest rate bump). Flagship checking account must remain open for 6 months or an early account closing fee of $25 applies. Trust, Estate, specialty titled accounts, and employees excluded | 4.60% | $1,402 |
Sources (2)
All captured Sep 25, 2026
Certificates
Up to 0.30%APY · 8 terms
$250 daily minimum balance to open and earn interest/APY. Interest is compounded every quarter and added to the CD account. A penalty may be imposed for early withdrawal. 7-day grace period after maturity.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 months | 0.03% | $1 |
| 6 months | 0.08% | $4 |
| 12 months | 0.10% | $10 |
| 18 months | 0.15% | $23 |
| 24 months | 0.25% | $50 |
| 30 months | 0.30% | $75 |
| 36 months | 0.30% | $90 |
| 48 months | 0.30% | $121 |
Sources (2)
- fflorain.bank/personal/savings…/certificate-of-deposits
- fflorain.bank/wp-content/uploa…ptember-4-Rate-Sheet.pdf
All captured Sep 25, 2026
Jumbo Certificates
Up to 0.30%APY · 5 terms
Minimum balance to open and earn APY is $100,000. A penalty may be imposed for early withdrawal of certificates.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3–5 months | 0.08% | — |
| 6–9 months | 0.08% | — |
| 10–12 months | 0.10% | — |
| 12–24 months | 0.25% | — |
| 25–Unknown months | 0.30% | — |
Sources (1)
- fflorain.bank/wp-content/uploa…ptember-4-Rate-Sheet.pdf · captured Sep 25, 2026
Special-purpose accounts
IRA CD
Up to 0.30%APY · 13 terms
Available as Traditional IRA or Roth IRA CD. IRA CD interest rates and APYs are the same as regular and Jumbo CDs. $250 daily minimum balance to open and earn interest/APY on standard terms; $100,000 on Jumbo terms. Interest is compounded quarterly and added to the CD account. A penalty may be imposed for early withdrawal. 7-day grace period after maturity.
| Term | APY · Any balance | APY · $250 and up | APY · $100,000 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|---|
| 3–5 monthsJumbo IRA Certificate tier (90-179 Days) | — | — | 0.08% | —0.08% from $100k | — |
| 3 monthsStandard IRA Certificate tier (91 Day) | — | 0.03% | — | 0.03% | $1 |
| 6–9 monthsJumbo IRA Certificate tier (180-270 Days) | — | — | 0.08% | —0.08% from $100k | — |
| 6 monthsStandard IRA Certificate tier (182 Day) | — | 0.08% | — | 0.08% | $4 |
| 10–12 monthsJumbo IRA Certificate tier (271-364 Days) | 0.10% | — | — | 0.10% | $8 |
| 12–24 months1 Year – 2 Year Jumbo CD | — | — | 0.25% | —0.25% from $100k | — |
| 12 monthsStandard IRA Certificate tier (1 Year) | — | 0.10% | — | 0.10% | $10 |
| 18 monthsStandard IRA Certificate tier (1 1/2 Year) | — | 0.15% | — | 0.15% | $23 |
| 24 monthsStandard IRA Certificate tier (2 Year) | — | 0.25% | — | 0.25% | $50 |
| 25–Unknown monthsJumbo IRA Certificate tier (Over 2 Years) | — | — | 0.30% | —0.30% from $100k | — |
| 30 monthsStandard IRA Certificate tier (2 1/2 Year) | — | 0.30% | — | 0.30% | $75 |
| 36 monthsStandard IRA Certificate tier (3 Year) | — | 0.30% | — | 0.30% | $90 |
| 48 monthsStandard IRA Certificate tier (4 Year) | — | 0.30% | — | 0.30% | $121 |
Sources (2)
All captured Sep 25, 2026
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.