The Mima Mounds, southwestern Olympia

The Mima Mounds, southwestern Olympia.

Additional Services - To meet all of your financial needs

Personal Checking Additional ServicesIn our efforts to serve you, we provide a lot more
than accounts and loans. Select from the menus above
and below for more information about the many
financial services and tools that help make your banking experience with Oly Fed great!

Order Checks - Quick & Easy!

Re-ordering checks is a breeze at Oly Fed!  Enjoy multiple options for re-ordering checks, deposit slips and accessories:

Deluxe Order Checks

To reorder personal checks:

  • Log in to olyfed.com
  • Mouse over Accounts Tab
  • Navigate to a Checking, Savings or Money Market Account
  • Select Re-Order Checks from menu at right
  • Happy Shopping!

Stop Payments - Help Guard Against Theft

Stop Payments

To place a stop payment on a check or an ACH debit transaction, call or visit your local branch. You can also initiate stop payments through online banking.

If your checks are lost or stolen, you can quickly issue a stop payment for any check(s) that have not yet cleared. Visit the Fees Page for a list of any current applicable fees.

 

EMV VISA Debit Card - Smart & Secure

Visa Debit CardOlympia Federal has begun reissuing debit cards with EMV enhanced security. The embedded chip technology means your card is more secure and has greater global acceptance.

Ours is a contact card, giving you an even greater level of security. Unlike contactless cards that use radio-frequency identification (RFID) to transfer electronically stored information to terminals, contact cards must be inserted. Your new card will not be vulnerable to RFID data capturing technologies and does not require a RFID-blocking card sleeve.

There is no need to request a new card and there is no extra charge. You'll automatically receive a chip card at a branch when opening your checking or Money Market account, or if you have our debit card already, in the mail before your current card's expiration date.

As with all debit cards, the purchase amount is deducted from your account and will appear on your monthly statement. You can also make withdrawals, deposits (where available) or transfer funds at any terminal that displays the ACCEL, Plus or VISA Logos. There is no charge from Olympia Federal for using a debit card at ATMs. When using an ATM at a location other than Oly Fed's, watch for the MoneyPass logo to avoid a service charge from another bank.

FAQ'S FOR EMV CARDHOLDERS

 WHAT ARE CHIP CARDS?

A chip card, also called a smart card or an EMV card, is a debit or credit card that contains a microprocessor that enhances the security of cards during point-of-sale transactions.

These cards, already in use in much of the world, use a security standard originally developed by Europay, MasterCard and Visa (EMV) as a way to fight card fraud resulting from theft, skimming and counterfeiting. The EMV technology has been adopted by the other major card brands and issuers.

IS A CHIP CARD MORE SECURE THAN MAGNETIC STRIPE CARDS?

Yes. Chip cards add an additional layer of security to the safeguards that already protect cards. Each time a cardholder uses their chip card it generates a code that is unique to that transaction. This makes it harder to counterfeit a card or to use it fraudulently for in-store purchases.

WHAT INFORMATION IS ON THE CHIP?

 The chip contains information about a cardholder's account and the card expiration date. It also generates a unique code for every transaction when used with a chip-enabled terminal at the point-of-sale.

CAN A CHIP CARD BE USED ANYWHERE?

Yes. Chip cards can be used virtually anywhere this brand of card is accepted in the US and around the world. If a merchant has a chip-enabled card terminal, cardholders will insert or 'dip' their card during the transaction. In the US, cardholders will still be able to 'swipe' their card to make a payment if a merchant has a regular terminal – bypassing the added security features of the card. They will need a PIN to be able to make a transaction at an ATM.

HOW DO CARD HOLDERS USE A CARD?

If a merchant is already using a chip-enabled terminal, paying is as easy as:

1.  Insert your card, face up and chip end into the terminal.
2.  Leave the card in the terminal during the entire transaction.
3.  Follow the instructions on the screen and either enter your PIN or sign your name. Be sure to remove your card and take your receipt when the transaction is complete.

WHAT IF A MERCHANT DOESN'T HAVE A CHIP-ENABLED TERMINAL?

For merchants without chip-enabled terminals, cardholders will 'swipe' their card through the terminal, just a you do today. Please note that bypassing the EMV chip does not allow you the same security features.

CAN CARDHOLDERS STILL USE CURRENT CARDS?

You can use your current card until they got a chip card. At that time, you should activate the new chip card and start using it. Please destroy your old card by cutting it up or shredding it. There is no need to request a new card and there is no extra charge. You'll automatically receive a chip card at a branch when opening your checking or Money Market account, or if you have our debit card already, in the mail before your current card's expiration date.

DO I NEED TO SIGN THE BACK OF MY CARD?

Yes. You still need to sign the back of your card.

CAN A CHIP CARD BE USED TO MAKE PURCHASES ONLINE OR BY PHONE?

At the ATM, the process is essentially the same as what you do at a merchant. Insert your chip card into the machine and follow the instruction on the screen. Depending on the type of machine, you might be prompted to re-insert your card. Leave the card in the ATM until the transaction is complete and the card is released. Then remove your card and any cash you may have withdrawn.

Nothing has changed for transactions made on the internet or phone – so you'll make payments just as you do today.

WHAT IS THE DIFFERENCE BETWEEN CHIP AND SIGNATURE AND CHIP AND PIN?

You might be asked to provide your signature or enter your PIN to complete a transaction when you use your card. You will need to use your PIN and it might be required at some unattended card terminals such as fuel pumps and payment kiosks. 

 WHAT HAPPENS IF A CHIP CARD IS LOST OR STOLEN?

As before, you need to report a lost or stolen card promptly. Replacement cards will be issued.

 Wire Transfer - A Fast, Cost Effective Method

Wire TransferMove funds quickly and securely from one bank to another. Wired funds are typically in your account and available the same day if both parties are located in the U.S. International wires may take longer. Please contact us for assistance or more information.

Incoming Wire Instructions:

Customer Name & Account #:  Olympia Federal Savings Customer Name and Acct # 
Receiving Bank Name:  Olympia Federal Savings and Loan 
Receiving Bank Address: 421 Capitol Way South, Olympia, WA 98501 
Receiving ABA/Routing #:  325170822 

Outgoing Wires (Sent by Olympia Federal):

Contact the receiving institution to obtain their wire instructions for Olympia Federal to follow.

 

Phone Banking - With the OlyFed Line

Phone BankingUsing a touch-tone phone, you have 24-hour access to your account information and activity via our Voice Response System using a personal I.D. number. Account inquiries, monetary transfers and more features are available.  During business hours, you can also reach a Customer Service Representative for any questions.

OlyFed Line: (360) 754-9440 or 1-888-684-1200

Transaction ATM Card - All the Access You Need

Transaction ATM CardATM cards are available to qualified customers with a regular Statement Savings, Checking, or Money Market Account. These cards allows access to funds at any of our 7 ATMs, and at any ATM that displays the ACCEL or Plus logo in the United States and Canada. There is no charge from Olympia Federal for using a Transaction (ATM) Card at ATMs.  Point of Sale (POS) Transactions can be processed at any merchants that display the Interlink logo.

When using an ATM at a location other than Oly Fed's watch for the MoneyPass logo to avoid a service charge from another bank.

Overdraft Protection - We've Got You Covered

Overdraft ProtectionThis service is available to customers to help cover checks or electronic funds transfers that may clear against an insufficient balance in their checking account. The service directly ties a checking account to a savings or second checking account.

Automatic Transfers - Simple and Convenient

Automatic TransfersOur automatic loan payment and savings system is a pre-authorized system where you can request that payments be automatically withdrawn from your account on a regular basis to be paid to your mortgage or savings loan.

More Oly Fed Services

Association (Bank) Checks Association (Bank Checks)

A safe way for you to take or send large sums of money.
There is no dollar limit on these checks.

Cash Advances Cash Advances

A cash advance is a request to receive funds via your VISA, Master Card, or Discover Card. We process cash advances for both customers and non-customers. There is no fee for this service.

Direct Deposit Direct Deposit

A preauthorized system allowing checks to be deposited automatically to your checking or savings account. The check may be from the government, employers or from another institution.

Money Orders Money Orders

A money order is a safe way for you to pay for things when cash is not accepted for a purchase.  They can be cashed and deposited as a check, and, money order's can make the payment process safer and more secure.

Night Depository Night Depository

Each branch has a night depository that is available for your use. The night depository allows you to make deposits after-hours that will be credited to your account on the following business day. Receipts are mailed for every deposit made through the depository.

Notary Notary

This service is provided free of charge to our customers. Notarization is a written statement, or certification, in which the notary public has positively identified the party or parties who signed the document. You can have anything notarized requiring a certified signature except for wills.

 
Redemption of Bonds and Coupons Redemption of Bonds and Coupons

Please contact us for simple and straighforward instructions on redeeming bonds and coupons.

Safe-Deposit Boxes Safe Deposit Boxes

We offer safe-deposit boxes to our customers. The boxes are located in every branch. Sizes and availability may vary from branch to branch. Customers are billed yearly for their rental.

Save By Mail Save-By-Mail

We provide you a postage-paid envelope that has a perforated form you can use as a deposit or withdrawal slip. Whenever we receive a transaction through Save-By-Mail, we send you a receipt along with a new envelope for your use.

Signature Guarantee Signature Guarantee

Olympia Federal Branch Managers are authorized to provide signature guarantees to customers for the transferring of securities, stocks and bonds. Documentation of ownership and values is required.

Telephone Transfer Telephone Transfer

This optional service is available to our customers, who have a Statement Savings account, Checking account, or Money Market account. The service is free and enables you to transfer funds from your checking account to your savings account, or vice versa.

Traveler’s Cheques Travelers Cheques

Our customers get their American Express Travelers Cheques fee-free! Cheques come in denominations of $20, $50, and $100. They allow you to carry money without fear of loss or robbery because American Express guarantees replacement of the checks at no charge.