Rates accurate as of June 21, 2024
Business Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Business Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Checking Accounts
Outreach Business*
Outreach Business* $100 $100 0.05% Daily 0.05% Contact OlyFed
Business Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Beyond Business
Tier 1
Tier 1 $1,000 $0 - $2,499.99 0.00% Daily 0.00% Contact OlyFed
Tier 2
Tier 2 $1,000 $2,500 - $24,999.99 0.05% Daily 0.05%
Tier 3
Tier 3 $1,000 $25,000 - $74,999.99 0.10% Daily 0.10%
Tier 4
Tier 4 $1,000 $75,000 - $149,999.99 0.12% Daily 0.12%
Tier 5
Tier 5 $1,000 $150,000 + 0.51% Daily 0.50%

Fees may reduce earnings. Rates may change after the account is opened. The APY is accurate as of the date above and is subject to change. Fees may reduce earnings. * This account is for community organizations and nonprofits.

Business Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Business Money Market Account (MMA)
Tier 1
Tier 1 $2,500 $50 - $2,499.99 0.05% Daily 0.05% Contact OlyFed
Tier 2
Tier 2 $2,500 $2,500 - $9,999.99 0.10% Daily 0.10%
Tier 3
Tier 3 $2,500 $10,000 - $49,999.99 0.20% Daily 0.20%
Tier 4
Tier 4 $2,500 $50,000 - $99,999.99 0.20% Daily 0.20%
Tier 5
Tier 5 $2,500 $100,000 + 0.51% Daily 0.50%
Business Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Business Premium Money Market Account
Tier 1
Tier 1 $50,000 $50 - $9,999.99 0.10% Daily 0.10% Contact OlyFed
Tier 2
Tier 2 $50,000 $10,000 - $49,999.99 0.10% Daily 0.10%
Tier 3
Tier 3 $50,000 $50,000 - $99,999.99 0.15% Daily 0.15%
Tier 4
Tier 4 $50,000 $100,000 - $299,999.99 0.51% Daily 0.50%
Tier 5
Tier 5 $50,000 $300,000-$499,999.99 2.05% Daily 2.00%
Tier 6
Tier 6 $50,000 $500,000-$999,999.99 2.57% Daily 2.50%
Tier 7
Tier 7 $50,000 $1,000,000+ 3.60% Daily 3.49%

Rates may change after the account is opened. The APY is accurate as of the date above and is subject to change. Fees may reduce earnings.

Business Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Savings Account
Statement Savings
Statement Savings $100 $50 0.05% Daily 0.05% Contact OlyFed
Companion Savings*
Companion Savings* $100 $0 3.04% Daily 3.00% Contact OlyFed

$3 quarterly service charge will be imposed if the average daily balance falls below $100.

*Variable rate account. Interest rate of 3.00% and 3.09% Annual Percentage Yield (APY) and subject to change anytime without notice. Initial deposits into the Companion Savings Account cannot exceed the deposits into any new or renewing Certificate of Deposit (CD). Deposits into Companion Savings Accounts can only be made when a new CD is opened, a deposit is made into an existing Certificate or an existing CD account is renewed at time of maturity. Deposits must be made the same day as the deposits into the CD. Companion Savings Accounts are compatible with any CD (including IRA’s). 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.

See Truth in Savings and Terms & Conditions brochures for details.

Member FDIC