At Woodruff Federal, we encourage purposeful saving because there is nothing like the peace of mind that comes from having the funds to make your goals happen.

Whatever your reasons for saving — weddings, college, retirement, second homes, dream vacations, down payments, and family legacy — let's talk plans. We offer a variety of competitive CDs, plus Traditional IRAs and Passbook Savings — all FDIC insured.

Beyond competitive rates, our customers know they can count on a level of personalized service and steady deposit growth that have been a Woodruff Federal constant since 1934.

Direct Deposits can be made to your Passbook Savings Plan from your checking account at another bank.

Please call 864-476-8144.

Regular Passbook Savings Account

A traditional savings account that is suitable for all types of savings goals. Deposits or withdrawals can be made at any time without penalty. $100 opening deposit required.


Sign Up For Online & Mobile Banking

Manage your accounts whenever you want, from wherever you are via your phone, computer or tablet.

Make Woodruff Federal mortgage payments from internal or external accounts

Transfer money between accounts
(internal or external)

Check your Woodruff federal account balances


Download the Woodruff Federal Savings & Loan Mobile App - WFSL.

Get it on Google Play

Questions? Need Assistance?

Come see us or call 864-476-8144 or email.

Certificates of Deposit

People often choose CDs (Certificates of Deposit), because they have a large sum of money to invest ... such as from an inheritance, real estate proceeds, tax refund, etc. Our CDs feature a variety of terms at fixed interest rates to suit your individual savings goals.

CD Term Minimum Balance Rate* APY*
182 Days $2,500 0.10% 0.10%
12 month $1,000 0.15% 0.15%
18 month $1,000 0.20% 0.20%
24 month $1,000 0.30% 0.30%
36 month $1,000 0.40% 0.40%
48 month $1,000 0.50% 0.50%

*Daily Balance is the amount of principal in the account each day. Rates and Annual Percentage Yields (APYS )subject to change without notice APY assumes no principal or interest withdrawn prior to maturity. Interest is compounded quarterly and credited in accordance with the terms of the account. Penalties could be imposed for early withdrawal. Fees could reduce the earnings on the account. *Rates effective as of April 1, 2021.

Individual Retirement Accounts

Rollover Accounts and Transfer IRA’s are among the most popular ways to plan for a secure retirement. Contributions and interest may be tax-deferred until you withdraw, when income typically falls in a lower tax bracket.* Please contact us for current rates. Available as 18-month CDs.

*Individual cases will vary. Consult your tax advisor.