Choose the Path That Fits Your Goals
Whatever you’re saving for, we’re here to get you there.
Whether you’re planning ahead for the holidays, setting money aside for a big purchase or simply looking for a smart way to grow your savings, our limited-time Choose Your Term CD Special lets you pick the timeline that works best for you with your choice of a 5-, 11-, or 15-month term.
An OlyFed CD offers the safety of a guaranteed return and the confidence that comes from banking with a local mutual bank that’s been helping neighbors reach their financial goals for 120 years.
Earn Up To 3.69% / 3.75% APY*
Our Choose Your Term CD Special offers a rate of 3.69%/3.75% APY* with a minimum of $10,000 in new money or an OlyFed checking account with a monthly direct deposit of $500 or more. Visit a branch or open online to start building your savings today!
Earn up to 3.35% / 3.40% APY*
Open this CD with as little as $500 and interest will compound monthly. Open online or visit a branch today!
Open a 5-Month CD Open an 11-Month CD Open a 15-Month CD
*CHOOSE A TERM CD SPECIAL DISCLOSURE: Certificate has a fixed rate for term. It is a 5-, 11-, or 15-month term based on the customer’s choice. The CD has an interest rate of 3.35%/3.40% Annual Percentage Yield (APY). The APY is accurate as of July 1, 2026, and is a limited time offer that is subject to change without notice. The minimum balance to open an account is $500 and minimum balance to obtain stated APY is $500. Accounts with deposits of $10,000+ in new money or an OlyFed checking account with a minimum of a $500 monthly direct deposit will receive an interest rate of 3.69%/3.75% APY. New money is defined as funds not currently held on deposit with Olympia Federal Savings (OlyFed). APY assumes interest earned remains on deposit until maturity. Fees may reduce earnings. Early withdrawal penalty may apply. Terms and conditions apply. See Truth in Savings and Terms & Conditions brochures for details. Member FDIC.
Get Even More Savings with Journey Checking
Enjoy 4.00% / 4.13% APY* on daily balances up to $10,000
Plus, you’ll never have to pay a monthly service fee.
Save more this summer with Journey Checking, which comes with the latest digital tools, an exceptional rate, access to over 40,000 surcharge-free ATMs nationwide and so much more! Journey Checking will have you feeling refreshed and ready for this summer’s adventures.
Additional Details OPEN ONLINE
*JOURNEY CHECKING DISCLOSURE
Variable interest rate account. Rates effective as of July 3, 2025, and are subject to change any time and without notice.
- An interest rate of 0.05% will be paid only for that portion of your daily balance that is greater than $10,000.00. The annual percentage yield (APY) for this tier will range from 4.13% to 0.46%, 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 4.00% with an annual percentage yield of 4.13%*.
- If your account does not have the required activity noted below* an interest rate of 0.05% will be paid on the entire balance. The annual percentage yield for the entire balance will be 0.05%, 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 signing up to receive eStatements. One account per Social Security Number. Minimum $100.00 to open an account. Fees may reduce earnings, and rate may change after account opening.
More than Just a Great Rate
If you are a socially conscious consumer who wants to do good with your money, OlyFed is the community bank for you! At OlyFed your deposits stay local helping stimulate our area economy with small business loans, creating homeownership opportunities for families, along with an expanded infrastructure of new housing options through residential and multi-family construction projects.
Community is at the core of who we are, which is why we generously share more than 10% of our earnings each year with so many local health and human services, arts, education, environmental, housing, and youth-focused organizations. Even better, local taxes stay here and support neighborhood schools, parks and vital services.
Simply put, mutual banking with OlyFed matters because we put people above the bottom line.
Banking Built Better
We believe banking should be simple, elegant, and dare we say, enjoyable. We believe in keeping the fine print and fees to a minimum and creating transformational relationships built on trust, not transactional ones based on maximizing profits. Our people are incentivized to serve, not sell, and our products are crafted to do the same thing.
To us, you’re more than the balance of your bank account: Guided by our “Better Fedder” training and a compassionate and caring attitude, we nurture relationships to help you define and achieve your financial goals, which is why we put people above the bottom line.
As a mutual bank, we’re accountable to you, our customers, not corporate shareholders. With our business model, you’re more than a customer, you’re a stakeholder, which means more for your wallet, for your future and for our community.
This translates to many low to no-cost product and service options. It means we’re focused on helping you get ahead with budgets, financial plans and accounts that provide safe, sustainable and meaningful ways to save.
When you bank with us, you can rest assured knowing you’re doing business with a bank that puts our local neighbors first. Each year, we donate at least 10% of our profits back to the community! Furthermore, we foster a culture of volunteerism among our people, who happily contributed more than a thousand hours of service last year.
If you look up OlyFedder in the Urban Dictionary, you’ll find a description of our extraordinary group of financial professionals who find joy and purpose in the meaningful work we do with our customers and community. We’re here to help you.
The People Why OlyFed Schedule An Appointment
