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Small Business, Your OlyFed

An OlyFed Bank Branch in Your Office

Over the past several years, we’ve continued to make significant investments in banking technology to provide you, our customers, with a comprehensive set of products and services to optimize your cash flow, protect your information and quickly respond to your business’s financial needs.

Meet Aron Dowell, Your Personal Small Business Banker

Aron Dowell at Well 80 in Downtown Olympia WAAron is an expert at making the most of our financial tools, accounts and resources to meet your needs and increase your efficiencies and effectiveness.

A hometown hero, he grew up in Rochester with a family of entrepreneurs, so he understands the needs of business owners. With more than a decade of business banking experience, Aron has worked with companies that range in size from small start-ups to complex multinational enterprises.

He recently was announced as OlyFed’s Employee of the Quarter for his work in supporting the growth and development of teammates in meeting and exceeding goals. “Aron has a great sense of humor and he knows how to encourage others in a positive way,” Lori Drummond, President and CEO, said. Atop that, he is skilled at making banking technology simple to understand.

We encourage you to reach out to Aron to learn more about tools that can make the most of your time. ACH, RDC, wires and payroll solutions are just a few things that can benefit any size business.

Email Aron

Say Goodbye to Checks

With Automated Clearing House (ACH) tools, you can speed up the movement of funds for faster turnaround times and streamlined payment processes for your employees and vendors, all in one simple interface. Whether you set it for one-time or want recurring transactions, ACH eliminates the manual work of sending and receiving payments and removes the need for paper checks and postage. Even better, our system gives you complete command of your funds – set up dual controls, approval limits for your employees who manage your funds and more. All the convenience while reducing your risk of fraud, providing transparency, adding a level of protection and providing you with peace of mind.

Make Deposits from Your Desk

Save time, money and stress by skipping the branch visit to deposit checks. Deposit a single check or larger multiple check bundles with an OlyFed Remote Deposit Capture (RDC) scanner – a safe and secure way of depositing checks right from your office. Our RDC machines generate a PDF of the items scanned for your digital retention records and it even provides multi-user functionality to keep track of who and when deposits were made.

Move Money Quickly & Safely

Sometimes you need to quickly get money to vendors, business partners or associates and with OlyFed Digital Banking, you can initiate domestic wire transfers easily right through our online banking system. Generate wires from just about any location using your mobile device. This is an ideal solution for busy business owners who are constantly on the go.

Simplify & Automate Payroll

With our digital banking tools, you can effortlessly create simple payroll solutions that send direct payments to your employees and contractors. You can even delegate authority to those responsible for payroll while maintaining overall control and oversight. Even better, OlyFed offers a full suite of Health Savings and Retirement Accounts to pair with your payroll solutions to give you a comprehensive benefits plan for your employees.


Business Digital Banking Merchant Services No-Fee Health Savings Accounts Business Savings