Enjoying Capital Lake Park, downtown Olympia.

Companion Savings Account

 Ladder Landing Pg

High-Yield Account with the Benefits of a CD and a Savings Account

Open a Companion savings account and CD at Olympia Federal Savings to get the safe, secure and growth-minded results you want. Companion savings gives you the flexibility to withdraw funds as needed with no penalty. Visit your nearest local branch and discover what your friends at OlyFed can do for you.



To open your OlyFed account, call us at 360-754-3400 or 1-800-865-3470, send us an email: Email Customer Service or visit any of our branch locations today.

Variable rate account. Interest rate of 2.00% and 2.05% Annual Percentage Yield (APY) accurate as of June 3, 2019 and subject to change anytime without notice. Initial deposits into the Companion Savings Account cannot exceed the deposits into any new or renewing qualified Certificate of Deposit (CD). Deposits into Companion Savings Accounts can only be made when a new CD is opened or an existing qualifying CD account is renewed at time of maturity. Deposits must be made the same day as the deposits into the qualifying CD. Companion Savings Accounts are compatible with any CD (including IRA’s) with terms 12 months or greater. CD’s with Add-on and Bump Rate features do not qualify. Specific accounts that do not qualify include: 15 month Add On CD, 18 month Bump Rate CD, 24 month Add On CD, 48 month Add On CD, and 27 month Add On/Bump Rate CD. Minimum opening deposit of $100. All balances receive the stated APY. Fees may reduce earnings and rate may change after account opening. Terms and conditions apply. See Truth in Savings disclosure for details.