FRAUD WARNING: Some OlyFed customers have reported receiving phishing texts regarding their Visa cards.

Savings choices for short- and long-term goals

Enjoy 2.02% APY* on Our 60 Mo. CD!

With today’s volatile and ever-changing market, an OlyFed CD* provides safety, certainty and a great savings rate for those looking to protect and grow their investments.

Our 60 Month CD features an incredible summer savings rate of 2.02% APY. This peace of mind assurance insures you maximize your savings.

Pair Your CD with a Companion Savings Account

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

Open an Account Today!

Contact us today for more details or visit one of our eight convenient branch locations to open an account.

*All certificates have fixed rate for term, with exception to the 60 Month Bump Rate CD and the 18 Month Bump Rate CD. The APY is accurate as of July 25, 2022 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 many change once during the term. See Truth in Savings and Terms & Conditions brochures for details. Member FDIC.

**Variable rate account. Interest rate of 1.00% and 1.01% Annual Percentage Yield (APY) 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. Deposits must be made the same day as the deposits into the CD. 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. Transfers from this account to another account or third parties by preauthorized, automatic, telephone, or computer transfer are limited to six per month with no transfers by check, draft, debit card or similar order to third parties.

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 own personal 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

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

Current Companion Savings Rates & Disclosures

Related Accounts