Products & Services

Companion Savings

Your CDs Best Friend!

Enjoy 3.00% / 3.04% APY* on Companion Deposits 


Couple at beachOpen a Companion Savings account along with an OlyFed CD and earn a high yield on both accounts while maintaining the ideal mix of flexibility and reward.

• Earn a CD-like rate

• Easy access to funds – withdraw anytime

• No time limits

Even better, when your CD matures, you can roll up to the entire amount of your maturing CD into a Companion Account! This gives you the peace of mind that your savings dollars are working hard for you, while you have the flexibility to access those funds when needed.

It is our goal to provide you with as many savings options as possible to help you achieve your financial goals!


*COMPANION SAVINGS DISCLOSURES: Variable rate account. Interest rate of 3.87% and 4.00% Annual Percentage Yield (APY) is effective as of July 3, 2023, and is 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. When a CD matures, up to the entire balance of the maturing CD may be deposited into a Companion account. Deposits must be made the same day as the deposits into the CD or at time of maturity. 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.