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Outreach CD

Providing Interest, Impact & Insight

Designed specifically with nonprofits in mind, this Certificate of Deposit (CD) provides community organizations with an investment tool that offers a highly competitive rate, flexible terms and the support of our knowledgeable and caring business banking team.

Outreach CD | Earn 4.80% / 4.91% APY*

Banker in hallway wearing a suitOutreach CD Details:

This 8-month CD currently has a rate of 4.80% / 4.91% APY* and even better, you can close it at any time without any penalties or fees. This Outreach CD helps your organization achieve its savings goals, while also giving peace of mind knowing your money is available when and if you need it**. The minimum deposit to open and earn the APY on an Outreach CD is $2,500.

This account is available to any nonprofit that has an Outreach Checking account with OlyFed. Don’t have an Outreach Checking account? It’s easy and simple to open and provides you with a full suite of robust digital tools to manage your money from the office or on the go.

Outreach Checking Details:
  • Open with $100.
  • Monthly fee of $5 is waived with $500+ average daily balance.
  • Earns interest. Current rate is 0.05% / 0.05% APY*
  • Unlimited check deposits and withdrawals.

Request an Appointment Open in Branch

Have Questions? Need Assistance?

Our team of bankers are here to help. Contact us or call (360) 754-3400.

Why OlyFed?

Accountable to our customers, not shareholders, we put people above the bottom line. This means we hold many similar values as you. With such dedication to improving the quality of life in this place we all call home, we have developed the experience and know-how to provide you with a comprehensive suite of products and services, so you have the perfect combination of tools, resources and advice you need to fulfill your critical mission to our community.

Over the past five years, when our community has needed us more than ever before, OlyFed has invested more than $2 million in our nonprofit community, not to mention volunteered thousands of hours of our time and talents while serving on more than 40+ local board of directors. With such dedication to the health and well-being of our community, why not consider a full financial relationship with OlyFed?

OUTREACH CHECKING DISCLOSURE: For community organizations and nonprofits only. Fees may reduce earnings. Variable rate account. Rates may change without notice at any time. See Truth in Savings and Terms & Conditions brochures for details.

OUTREACH CD DISCLOSURE: The Outreach Certificate of Deposit (CD) has a fixed rate for an 8-month term and is only available to community organizations and nonprofits. The Annual Percentage Yield (APY) is accurate as of January 19, 2024, and is subject to change without notice. The APY assumes interest earned remains on deposit until maturity. The minimum balance to open an account is $2,500 and the minimum balance to obtain stated APY is $2,500. An open and active Outreach Checking account is required to open an Outreach CD. You may withdrawal all funds including interest earned, without penalty, any time on or after the seventh day following the date on which the account was funded.  Withdrawals during the first six days after the account is opened are subject to a seven day interest penalty. No partial withdrawals are allowed. Terms and conditions apply. See Truth in Savings and Terms & Conditions brochures for details. Member FDIC.