Savings choices for short- and long-term goals
If you’re here looking at our savings options, you’re clearly a big fan of safe and secure products and strategies that provide flexibility and predictable growth. Our skilled bankers can help you develop the right mix of high-yield products to help you buy your dream home, take the trip of a lifetime, send your kids to college or save for retirement.
Account Details
Individual Retirement Accounts (IRAs)
An IRA is your time-travel machine, propelling you to a secure future. Go there now, with this great long-term savings vehicle.
- Open for as little as $50
- Make additions of $50 or more anytime
- Enjoy tax-deferred growth
- No annual fee or administrative fees
- Save at tax time: IRA contributions may be deductible*
Current IRA Rates & Disclosures
*Consult your tax advisor
Certificates of Deposit (CDs)
CDs are the smart way to protect your funds while earning a secure, predictable rate. 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:
- Maximize your returns with “laddering” – we’ll show you how.
- Check out our add-on* and bump rate* CDs that allow you to invest more money or bump up to a higher rate without extending the maturity date.
- And, watch for seasonal limited-time CD specials throughout the year.
Current CD Rates & Disclosures
Add-on and bump rate CDs are only available for consumer customers and not businesses/organizations.
Companion Savings
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.
- Earn a CD-like rate
- Easy access to funds – withdraw anytime
- No time limits
