We're Excited to Call Lewis County Home!
Welcome to Banking that’s Better!
OlyFed is now open in Chehalis! Come meet our team, enjoy special offers and giveaways, and see how mutual means more! Visit us today in historic Downtown Chehalis at 535 N. Market Blvd.
Grand Openings Deserve Grand Savings!
Enjoy a 10-Month CD Special with a rate of 4.00% APY*. Even better, when you open this CD with an OlyFed Checking Account that has a monthly direct deposit of $500 or more, we’ll give you a rate of 4.25%* APY!
Get Something Good. Do Something Good!
When you open a Journey Checking account in Lewis County and set up a monthly direct deposit of $500 or more, we’ll make a donation to the following three local nonprofit organizations: Boys & Girls Clubs of Lewis County, United Way of Lewis County and Lewis County Footsteps of Hope!
Enjoy Local Discounts!
Banking that’s better is banking that’s based here, which is why we love local and we’re proud to provide discount coupons to several twin cities’ businesses. Enjoy $10 off at Mint City Coffee, The Juice Box, Dairy Dan and Insert Coin.
Visit Us for Treats & Giveaways!
When you visit the branch, enjoy some freshly brewed coffee from our neighbors at Mint City and fresh out of the oven cookies from Market Street Bakery. Even better, we’ve got fun giveaways to those that open a new account.
*10-MONTH CD SPECIAL DISCLOSURE: Certificate has a fixed rate for term. It is an 10-Month CD with an interest rate of 3.93%/4.00% Annual Percentage Yield (APY). The minimum balance to open an account is $500 and the minimum balance to obtain stated APY is $500. Accounts with an OlyFed checking account with monthly direct deposit of $500 or more will receive an interest rate of 4.17%/4.25% APY. New money is defined as funds not currently held on deposit with Olympia Federal Savings (OlyFed). The APY is accurate as of September 22, 2025, and is a limited-time offer that is subject to change without notice. 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. The CD Special is only available for opening at OlyFed’s Chehalis branch. Member FDIC.
*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 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.
Why OlyFed?
By combining exceptional customer service, trusted lending solutions, and competitive savings rates with 21st-century digital and mobile banking technology, we offer a one-of-a-kind, values-driven approach to local banking.
Financial Integrity
For 147 straight quarters, we’ve earned a five star rating from Bauer Financial. Only 1% of the nation’s banks have earned Bauer’s top rating for so long and with such consistency.
We Love Local
We donate more than 10% of earnings to local nonprofits. That’s $2 million + invested in the last 5 years! Let’s also not forget OlyFedders volunteered more than 1,500 hours in our community last year alone.
Next Gen Digital Banking
Do it all at anytime without doing it in person! Even better, all accounts come with customer care and support from a team of local bankers who are just a call, email or text away!
Accountable to You
We’re all about achieving results that matter to you! Accountable to you, not shareholders, mutual means more for your finances, your future and your friends and family that call this place home.
Mutual Means More
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. Accountable to our depositors and borrowers, not shareholders, we put people above the bottom line.
Why Lewis County?
Since 1906, we have co-written our local history, helping generations of families save for their future while providing the financial support to build their homes and start local businesses — many of them enduring to this day.
By establishing a new branch in Lewis County, we’re not just expanding our footprint, we’re joining a community that shares our dedication to growth and mutual success.
Furthermore, it’s been 10 years since we opened our last branch, so we were very deliberate in choosing Lewis County, which is a community focused on delivering a high-quality of life and where neighbors take care of neighbors.
We are a bank that has grown organically for the past 119 years, going where our customers have asked us to be. We’ve never purchased a bank and we’ve never been acquired by another financial institution. It’s just not who we are.
With many customers already in the area, we knew our unique business model would be attractive and beneficial for small business owners, the local economy, housing market and many of the region’s community-based nonprofits that provide the infrastructure for strong education, health and family-centered programs.
Get ready for a banking experience that works for you, and your community!
What Makes Us Different
Many people are familiar with not-for-profit credit unions and for-profit banks; however, not much is known about mutual savings banks like OlyFed. That’s because we are different. We’re in our own unique category called you-profit. With our business model, mutual means more…for your wallet, for your future and for your community.
At OlyFed, we are more than just a place to deposit your money and to get a loan; we are a community resource center led by a caring and knowledgeable family of bankers who are dedicated to advancing the lives of our neighbors and our local economy. Our laser focus on local means small businesses get the special care they need to ensure our area’s economy flourishes. Even better, our loans, deposits, community investments and local taxes stay here and support neighborhood schools, parks and vital infrastructures.
Committed to Community
We’re committed to returning at least 10% of our profits to local charitable endeavors and fostering a culture of volunteerism among our people, who happily contribute thousands of hours each year. Even better, with loans and deposits staying local, you can rest assured knowing your dollars are reinvested back into the community in which you live, work and play.
We’re proud to support the local organizations you care about, including:
- Experience Chehalis
- Centralia Downtown Association
- Centralia – Chehalis Chamber of Commerce
- Lewis County Realtor Association
- Boys & Girls Clubs of Lewis County
- Centralia College Foundation
- Chehalis Foundation
- Raise for Rowyn
- Lewis County Footsteps for Hope
- Visiting Nurses Foundation
- United Way of Lewis County
- Economic Alliance of Lewis County
- The Chehalis Farmer’s Market
- The Community Foundation of South Puget Sound
Become an OlyFedder Today
You don’t have to wait for our new branch to open to become a customer! With OlyFed’s Digital Branch, you can do it all without doing it in person. We offer anytime, anywhere access to account opening and account management tools that work with your schedule.
All our accounts come with dedicated customer care and support from a team of local personal bankers who are just a phone call, email or text away!
