Certificates of Deposit with OlyFed
Security & Predictable Growth to Meet Your Financial Goals
CDs are a great option for those looking to protect their savings principle, while providing a guaranteed rate of return.
Receive interest in regular installments, or re-invest automatically and keep your money working safely. Choose from an array of terms, features and minimum balances.
Online account opening takes only 5 minutes to complete.
OPEN A CD TODAY
CERTIFICATE OF DEPOSIT DISCLOSURES: All certificates have fixed rate for term, with exception to the 60 Month Bump Rate CD and the 18 Month Bump Rate CD. The Annual Percentage Yield (APY) is accurate as of December 15, 2023 and is subject to change. APY assumes interest earned remains on deposit until maturity. Fees may reduce earnings. Early withdrawal penalty may apply. *Variable rate for term. The interest rate on your Bump Rate CD account may change once during the term. Terms and conditions apply. See Truth in Savings disclosure for details.
COMPANION SAVINGS
Your CDs Best Friend!
Open an OlyFed CD first, then you can open a Companion Savings Account at an equal or lesser amount. Enjoy 3.00% / 3.04% APY*
Open 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. Our Companion Savings account is the perfect partner for your OlyFed CD. This unique account:
- Stays open for as long as you like
- Keeps funds available as needed
- Allow you to withdraw funds anytime without a penalty
- Offers competitive earnings like a CD
OPEN A COMPANION SAVINGS ACCOUNT
*COMPANION SAVINGS DISCLOSURES: Variable rate account. Interest rate of 3.00% and 3.04% Annual Percentage Yield (APY) is effective as of September 22, 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.
