12/7: Our Downtown Olympia and West Olympia branch lobbies will be limited to appointments only today; however, drive-thrus remain open for customer assistance.
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8-Month CD Special

‘Tis the season for gratitude and giving and to express our appreciation to our customers and community, we’re excited to provide this limited time offer! With Savings as our last name, you know you can count on us to help you reach your financial goals.

Earn Up To 3.00% / 3.04% APY*

You can open this CD for as little as $2,500 and interest compounds monthly.

CD RATE SHEET Branch Locations Request Appointment

a plate full of ginger cookies

Earn Up To 3.75% / 3.82% APY*

Open this CD with a minimum of $25,000 in new money and earn even more. Explore our Companion Savings account for increased flexibility.

CD RATE SHEET Branch Locations Request Appointment

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

Act now to open this holiday gift from OlyFed. Like the holidays,  this limited-time offer won’t last long so be sure to visit one of our 8 branch locations. We look forward to seeing you soon!

*8-MONTH CD SPECIAL DISCLOSURE: Certificate has a fixed rate for term. Limited-time offer. 8-month CD with an interest rate of 3.00%/3.04%  Annual Percentage Yield (APY). Deposits with a minimum of $25,000 in new money earn an interest rate of 3.75%/3.82% APY. New money is defined as funds not currently held on deposit with Olympia Federal Savings. The APY is accurate as of November 28, 2022, and is subject to change without notice. Minimum balance to open an account is $2,500 and minimum balance to obtain stated APY is $2,500. APY assumes interest earned remains on deposit until maturity. Fees may reduce earnings. Early withdrawal penalty may apply. Terms and conditions apply. See Truth in Savings and Terms & Conditions brochures for details. Member FDIC.

Pair with a Companion Savings Account

Card Control App on holiday gift wrap paperEnjoy 1.00% / 1.01% APY on Companion Deposits***

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 a Companion Savings Account

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.

Banking Built Better

We believe banking should be simple, elegant, and dare we say enjoyable. We believe in keeping the fine print and fees to a minimum and creating transformational relationships built on trust, not transactional ones based on maximizing profits. Our people are incentivized to serve, not sell, and our products are crafted to do the same thing.

To us, you’re more than the balance of your bank account: Guided by our “Better Fedder” training and a compassionate and caring attitude, we nurture relationships to help you define and achieve your financial goals, which why we put people above the bottom line.

As a mutual bank, we’re accountable to you, our customers, not corporate shareholders. With our business model, you’re more than a customer, you’re a stakeholder, which means more for your wallet, for your future and for our community.

This translates to many low to no-cost product and service options. It means we’re focused on helping you get ahead with budgets, financial plans and accounts that provide safe, sustainable and meaningful ways to save.

When you bank with us, you can rest assured knowing you’re doing business with a bank that puts our local neighbors first. Each year, we donate anywhere from 10 to 15% of our profits back to the community, which totaled $465,000 in 2020! Furthermore, we foster a culture of volunteerism among our people, who happily contributed more than a thousand hours of service last year.

Quarterly Celebration

If you look up OlyFedder in the urban dictionary you’ll find a description of our extraordinary group of financial professionals who find joy and purpose in the meaningful work we do with our customers and community. We’re here to help you.

The People The Stories Schedule A Personal Appointment

Melissa with friends at downtown Olympia branch