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How do I add an external account so I can make transfers?

  1. Login to digital banking.
  2. Navigate to Services > Add External Account.
  3. Enter the account number.
  4. Select the type of account using Account Type drop-down.
  5. Enter the financial institution’s routing number. These numbers are located at the bottom of a paper check or deposit slip from your checkbook.
  6. Click Continue.

View Tutorial

In 2-3 business days, OlyFed will make two small deposits and one withdrawal from your external account. Once you receive those transactions, log into OlyFed online banking and navigate to Menu > Services > Verify External Account. Once you have entered and verified the deposits, you can begin transferring funds to and from the account.


Verifying an External Account
  1. Login to digital banking.
  2. In the Services > Verify External Account.
  3. Select the account you would like to verify.
  4. Enter the amounts of the 2 micro-deposits that have been made into your external account.
  5. Click Continue.

 

Category: Digital Banking