Savings Account Features Guide
| Interest Rate |
| APY |
3.75% |
| Minimum Deposit Amount |
$1,000.00 |
| Maximum Deposit Amount |
N/A |
| Balance Requirements |
| Minimum Opening Deposit |
$1,000.00 |
| Minimum Balance to Avoid Fees |
- |
| Minimum Required Balance |
- |
| Fees |
| Monthly Maintenance Fee |
N/A |
| Foreign ATM Fees |
N/A |
| Insufficient Funds Fee |
$35.00 |
| Incoming Wires |
$10.00 |
| Account Opening |
| Open Online |
Yes |
| Insured by |
F.D.I.C.
|
| Statements |
| Paper Statements |
Yes |
| Online Statements |
Yes |
| Online and Telephone Banking |
| Online Banking |
Yes |
| Telephone Banking |
Yes |
| Mobile Banking |
Yes |
| Deposit Checks with Mobile Device |
Yes |
| Free Bill Pay |
Yes |
| Online Bill Payments Required |
Yes |
Account Description
• The minimum balance to open the Online Savings Account is $1,000; new money only.
• Balance tier amounts and APYs associated with the end-of-day balance for the purpose of paying interest on the Online Savings Account are: $0.01 - $5,000,000.00 - APY 0.60%; $5,000,000.01 or more - APY 0.35%.
• Interest rate is variable and subject to change after account opening. If the balance in the account exceeds $5,000,000.00, the APY will be reduced on the entire account balance. The APY will be reduced on the entire account balance if the amount on deposit for all of your individual and joint Online Savings accounts combined exceed $5,000,000.00.
• Fees may reduce earnings.
• There is no monthly fee.
• If the Online Savings account is closed within 90 days of opening, there will be a $20 fee assessed. If it is closed after longer than 90 days, there is no fee.
Rate History
|
Date
|
APY
|
|
December 22, 2025
|
3.75%
|
|
November 10, 2025
|
4.00%
|
|
October 01, 2025
|
4.10%
|
|
May 24, 2025
|
4.25%
|
|
March 27, 2025
|
4.40%
|
|
December 20, 2024
|
4.50%
|
|
November 13, 2024
|
4.75%
|
|
February 01, 2024
|
4.90%
|
|
November 17, 2023
|
5.00%
|
|
November 17, 2023
|
5.25%
|
Customer Reviews for First Foundation Bank (2)
Rated 5.00 stars out of 5 - based on 2 reviews
Nearby Branches to Consider
Jenny Pratt 8-1972
May 8, 2023 |
This is just a wonderful bank to do business with. I have some concerns about all of these smaller California banks so my husband and I just stay below FDIC insurance amounts ($500,000 as a couple). It is still very rewarding.
Nuriel
October 11, 2022 |
Never a problem.