Welcome to OlyFed
OlyFed? Sure, you might know us as the financial institution that sponsors everything. But our day job is really about serving our communities as a locally based mutual bank. That means we answer to you, our depositors and borrowers; not shareholders.
From the beginning, business at OlyFed has been built on the simple equation of locals helping locals. We’re thankful for this opportunity to connect with you. Please reach out with any questions; we’re glad to help.
A Message From Our Chief Banking Officer, Jennifer Arnold
Since 1906, we’ve been dedicated to making homeownership attainable and affordable, which is why we remain a portfolio lender that doesn’t sell its loans on the secondary market. To us, that would be like selling the relationships that we’ve built with our customers and our community.

A History of Homeownership
With loans and deposits staying local, you can rest assured knowing your dollars are reinvested back into the community in which you work and live. This improves our local education systems, social services and municipalities, which in turn help strengthen property values and our local quality-of-life.

The Mutual Bank Difference
We became the community’s first mutual bank in 1906, where people could build a real financial future for themselves. Our core mission is focused on what we do with our resources to better serve the needs of our employees, customers and community.

Home Loan Options
We offer the same great rate with no risk-based pricing with our home loans, you’ll get our advertised rate regardless of credit score. Part of putting people above the bottom line includes trusting people, not computers, to make our lending choices. We will always work to provide the best service and deal for you.