What is Moolah Checking?
Moolah Checking is First Federals new, totally free checking account that rewards customers who opt for a paperless electronic statement and actively use our free debit card and online bill pay services. With Moolah Checking, your use of those activities in one month can reward you with a bonus interest rate the next month. How high? Right now, you can earn 2.01% APY on the portion of your balance up to $25,000 and 0.50% APY on the portion of your balance over $25,000.