Enjoying Capital Lake Park, downtown Olympia.

Checking Accounts - Smart Choices

OlyFed 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 OlyFed's ClickSWITCH option.

Just Click & Switch

Switching accounts to OlyFed has never been easier! With just a few clicks of your mouse (or taps of your finger), you’re on your way to digitally transferring your direct deposits and automatic payments to your new OlyFed account. Ask your OlyFed banker how to get the ClickSWITCH process rolling by emailing Customer Service or visiting any of our branch locations.

 

Select a personal checking account below for more information:

JourneyFollow the road to exceptional service and rewards.Journey Checking - What’s not to like about free checking!
  • Our newest account earns 3.00% APY* on deposits up to $10,000
  • No monthly fee
  • Free eSuite of Digital Services
  • Supports local charitable programs with each swipe of your debit card
  • 33,000+ surcharge free ATM’s

*Variable interest rate account. Rates accurate as of 11/01/18 and subject to change anytime and without notice.
 
  • An interest rate of 0.10% will be paid only for that portion of your daily balance that is greater than $10,000.00. The annual percentage yield for this tier will range from 3.00% to 0.37%, depending on the balance in the account.
  • If your daily balance is $10,000.00 or less, the interest rate paid on the entire balance will be 2.92% with an annual percentage yield of 3.00%*.
  • If your account does not have the required activity noted below* an interest rate of 0.10% will be paid on the entire balance. The annual percentage yield for the entire balance will be 0.10%, depending on the balance in the account.
*Premium rate requires monthly direct deposit of $500 or more, debit card activation and 10 debit transactions posted per statement cycle, and online banking and eStatements. One account per Social Security Number. Fees may reduce earnings and rate may change after account opening.
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.

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.

FreestyleNo minimum balance required and tons of convenient free services 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

 

 

 

 

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 order of personal checks free
  • No monthly fee, No minimum balance
  • Earns interest on any balance
  • Free digital services
  • Free Debit/ATM card with surcharge-free ATM MoneyPass Network
  • Financial literacy for those just starting out

*Parent/Guardian must also be on account and grant permission for debit card. At age 19, account will automatically transfer to a Freestyle Checking account.

 


Ad_MoneyPass

Compare Accounts - Choose from Five

Checking Account

Journey

Freestyle

Choice

Money Market

Jump Start

Minimum Balance To Open

$100

$1

$100

$2500

$50

Minimum Balance Required

None

None

$1

$50*

None

Online Banking

Required

checkmark

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OlyFed Mobile

Checkmark

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checkmark

checkmark

eStatements

Required

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checkmark

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checkmark

Debit / ATM Card

Required

checkmark

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Earns Interest

Checkmark

 None

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BillPay

Checkmark

Checkmark

Checkmark

Checkmark

 

Surcharge Free ATM Network

Checkmark

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Monthly Service Fee

None

None

$8 < $10,000**

None

None

 

OPEN ONLINE

   

OPEN ONLINE

 

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Restrictions apply. See branch for details.
* To receive disclosed interest
** Combined account balance (waived if auto payment for OlyFed mortgage)

Oly Fed Customer Checking Options

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.