CDs & IRAs | First Federal Savings & Loan (Pascagoula, MS)

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Certificates of Deposit (CD)

A CD is a safe and secure way to invest your money at a competitive rate with a fixed term. 



Early Withdrawal Provisions

  • For a term of less than 1 year, the early withdrawal penalty is 3 months of interest on the amount withdrawn.
  • For a term of 1 year to 1 ¾ years, the early withdrawal penalty is 6 months of interest on the amount withdrawn.
  • For a term of 2 years or more, the early withdrawal penalty is 12 months of interest on the amount withdrawn.


IntraFi Deposit Network

Rest easy knowing your funds are eligible for multi-million-dollar FDIC insurance while enjoying the convenience of working directly with First Federal, a bank you know and trust.  Also, when your deposit is placed using CDARS®, it can support your community, helping to fund loans for families in South Mississippi.

The CDARS program is available for customers with uninsured deposits at First Federal through the IntraFi Network.  These deposits are a valuable financial solution for individuals and businesses with substantial bank deposits. Its primary aim is to ensure that the full value of these deposits remains fully insured under the Federal Deposit Insurance Corporation (FDIC) coverage limit.

When deposit funds enter the IntraFi network, they are divided into amounts under the FDIC standard maximum deposit amount and placed with other network members. Each is an FDIC-insured institution, making the deposit eligible for FDIC insurance at each member bank.

This allows depositors to have the safety of FDIC insurance for large deposits through a single bank relationship with First Federal.

With the reliability and experience of IntraFi Network Deposits, you can have peace of mind knowing that your deposits are consistently monitored and adjusted to remain within set limits, keeping principal and interest fully protected.

To learn more, please contact an account specialist at or call 228-762-4034 and ask for New Accounts. 


Get Started

Open an account online today 

Individual Retirement Account (IRA)

It's never too late, or too soon, to open an IRA! 



Whether you are looking to transfer, rollover, or start a new retirement account, we offer several IRAs with the personal attention that makes banking simple and convenient.  We offer an IRA Access Savings for short term investments and Certificates of Deposit in terms of six months to eight years.


Traditional IRA

A Traditional IRA is a personal tax-favored savings account. It allows for tax-deductible contributions for most people. Earnings are not taxed until you begin to withdraw from your IRA.

Roth IRA

A Roth IRA is another form of personal tax-favored savings account. While contributions to your Roth IRA are not tax deductible, if certain conditions are met, withdrawals from your Roth IRA are tax-free and penalty free.

Get Started

Open an account online today 

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