View of Olympics from East Bay, Olympia

View of Olympics from East Bay, Olympia.

Checking Accounts - Smart Choices

Oly Fed offers checking account options to meet your needs. Review options and decide what's right for you, or visit with a customer service representative at a branch to help. And now moving your checking is easy and hassle free with the Oly Fed Switch Kit.

To open your Oly Fed account, call us at 360-754-3400 or 1-800-865-3470, send us an email: customerservice@olyfed.com or visit any of our branch locations.

Select a personal checking account below for more information:

ChoiceOur most popular checking account. Loaded with free services plus pays interest Choice Checking - Free Is Cool! Includes:
  • Free bill pay
  • Free online banking
  • Free mobile banking
  • Free debit / ATM card
  • Free eStatements
  • Surcharge Free ATM MoneyPass Network
 
  • Free personalized specialty checks*
  • Unlimited free bank checks & money orders
  • Free 24-hour telephone access
  • Unlimited check writing
  • Competitive interest paid on any balance

*Limit one box per order

$100.00 minimum deposit to open. Monthly service fee of $8.00 is waived with an account balance of $10,000 in any combination of deposit accounts, or an automatic payment to your Oly Fed mortgage or Equity Line.

FreestyleNo minimum balance required and tons of convenient free services Green Freestyle Checking - What’s not to like about free checking!
  • $1 opening deposit or check printing costs (if checks desired)
  • Free Debit/ATM card
  • Free Online banking and Billpay
  • Free Mobile Banking
  • Free eStatements
  • Free 24-hour telephone banking
  • Surcharge Free ATM MoneyPass Network
  • No minimum balance required
  • No monthly fee
Money MarketPremium rates with unlimited funds access. Open for as little as $2,500 Money Market - Open with as little as $2,500...Market interest rates + convenient access!
  • Earn premium rates: Balances of $2,500–$10,000–$50,000–$100,000 or more
  • Earn interest from date of deposit to date of withdrawal
  • Daily compounding of interest*
  • Unlimited cash withdrawals in person at any Olympia Federal Branch
  • Access to your funds via check and automatic withdrawal options**
  • Money Market Account interest rate is subject to change weekly on all tiers with a corresponding change to the annual percentage yield
  • Surcharge Free ATM MoneyPass Network
  • Free Debit/ATM card
  • Free Checks

Tier 1 $50-$2,499
Tier 2 $2,500-9,999
Tier 3 $10,000-$49,999
Tier 4 $50,000- $99,999
Tier 5 $100,000 or more

*Must maintain minimum of $50 in account each day to obtain the disclosed annual percentage yield.
** Transfers from a money market account to another account or third parties by preauthorized automatic, telephone, or computer transfer or by check, debit card or similar order to third parties are limited to six per statement cycle.

Jump StartFor young adults. $50 to open, no min. balance & included Debit/ATM Card Jump Start - The perfect (and free) way for young adults to start!
  • $50 to open
  • First 50 checks free
  • No monthly fee
  • No minimum balance
  • Earns interest on any balance
  • Free eStatements
  • Free Mobile Banking
  • Free Online Banking/Bill Pay
  • Free Debit/ATM card
  • Surcharge Free ATM MoneyPass Network
  • Financial literacy for those just starting out
Interest(Non-personal) Great option available to non-profits and DBA accounts only Interest - Available for non-profit and DBA businesses only
  • $100 to open
  • $5.00 service fee if balance falls
    below $500 any day during cycle
  • Free Debit/ATM card
  • Surcharge Free ATM MoneyPass Network

Oly Fed Switch Kit - Quick & Easy!

The Oly Fed Switch Kit is a quick and easy transition guide to switching your checking to Oly Fed! The Switch Kit outlines the steps to take and includes simple forms needed to help you make the transition. Download the Switch Kit, print it, fill it out or pick up a copy at any of our branch locations.

Click here to download the Oly Fed Switch Kit Change Forms (PDF)


Ad_MoneyPass

Compare Accounts - Choose from Five Classics

Checking Account

Freestyle

Choice

Money Market

Jump Start

Non

Personal

Minimum Balance to open

$1.00

$100

$2500

$50

$100

Minimum Balance required

None

$1

$50*

None

$500

Free Online Banking & Bill Pay

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Free Mobile Banking

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Free Checks

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First 50 free

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Free eStatements

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Free Transaction / ATM Card

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Free 24-Hr Phone Access

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Earns Interest

-

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Tiered**

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<$100 Bal

Free Money Orders & Bank Checks

3 per day

3 per day

3 per day

3 per day

3 per day

Surcharge Free ATM Network

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Monthly Service Fee

None

$8 < $10,000**

None

None

$5 < $500

* To receive disclosed interest
** Based on balance
*** Combined account balance (waived if auto payment for Oly Fed mortgage)