NEXTGEN BANKING, THE OLYFED WAY
RIGHT IN THE MIDDLE OF OLYFED IS YOUR LYFE!
This account gives you real-lyfe experience managing your money. Plus, with smart digital tools and local financial support from a team of caring and knowledgeable bankers, we’ve got you every step of the way.
With a lyfe Account, you can feel confident building good money habits, and parents can feel good knowing they’ve got trusted local service from a respected community bank that’s been a part of our area for close to 120 years.
LYFE ACCOUNT ONLINE OPENING DISCLOSURE
*A parent and/or legal guardian is required to open a lyfe Account online and in-branch. When opening an account online, the parent/guardian will be a joint owner and will receive an email asking them to also complete an application. The joint owner will also be given the opportunity to help fund the account on behalf of the student/child if so desired.
YOUR Core Account
Earn 4.00%/4.13%APY** on deposits up to $1,000
It’s your everyday account for spending, saving and staying in control of your money, right from your phone or laptop. Built to be secure and simple to use, lyfe gives you unique debit card options and an app that makes banking easy. Even better, lyfe delivers 4.00% / 4.13% APY** on daily balances up to $1,000 with no monthly service fee!
It’s the perfect (and perfectly free) way to spend and save.
- For ages 12 to 18
- Open your account with just $50
- Free tools so your parents can help you manage your money
- No monthly fees and no balance requirements
- Get a free debit card and access to over 40,000 ATMs (including all ATMs at 7-Eleven stores)
**LYFE CHECKING DISCLOSURE
Account is for customers aged 12 to 18 and converts to a Journey Checking Account at age 19. This is a variable interest rate account. Rates are effective as of August 21, 2025, and are subject to change at any time and without notice.
• An interest rate of 0.15% will be paid only for that portion of your daily balance that is greater than $1,000.00. The annual percentage yield for this tier will range from 4.13% to 0.19%, depending on the balance in the account.
• If your daily balance is $1,000.00 or less, the interest rate paid on the entire balance will be 4.00% with an annual percentage yield of 4.13%**.
• If your account does not have the required activity noted below** an interest rate of 0.15% will be paid on the entire balance. The annual percentage yield for the entire balance will be 0.15%, depending on the balance in the account.
**Premium rate requires monthly direct deposit or transfer of $10 or more and signing up to receive eStatements. One account per Social Security Number. Minimum $50.00 to open an account. Fees may reduce earnings, and the rate may change after account opening. Terms and conditions apply.
LYFE ACCOUNT ONLINE OPENING DISCLOSURE: A parent and/or legal guardian is required to open a lyfe Account online and in-branch. When opening an account online, the parent/guardian will be a joint owner and will receive an email asking them to also complete an application. The joint owner will also be given the opportunity to help fund the account on behalf of the student/child if so desired.
ROUND UP YOUR SAVINGS
Use Your Card & Grow Your Savings at the Same Time
Every time you use your debit card, round up to the nearest dollar and deposit the change into your savings account. This way of saving works with any debit card that goes with your checking account. Keep shopping like normal and watch your savings get bigger every time! Whether you’re grabbing a snack, getting new clothes, buying gas, shopping online or watching a movie with friends, OlyFed RoundUp helps you save a little every time.
PRO TIP: Parents with an OlyFed account can also choose to round up their purchases and have that extra change sent to their child’s savings account. It is a simple way to build your kid’s savings, because small amounts can grow into something great.
DIGITAL BANKING YOUR WAY
See Your Money & Track Your Spending in One Spot
Everything about this account is digital-first, easy to use and built to keep your information secure. From a debit card everyone wants, to an app that lets you check balances, move money and even create a budget, lyfe makes managing your money simple, fun and safe. Learn how to make the most of your money and get help when you need it.
THE INS & OUTS OF DIGITAL BANKING
Tap, Track & Go WITH CARD CONTROL
Turn Your Card On or Off, Set Limits & Get Alerts Right Away
OlyFed’s Card Control makes it easy to manage your debit card. If you ever lose it, you or your parents can turn it off right from a phone and turn it back on when you find it. In addition, you can set spending controls to manage how, when and where your card is used. Plus you get helpful alerts so you always know what is being spent. It is a simple way to stay safe and learn how to keep track of your money.
Money Smarts in 1–2–3
| Youth Accounts | lyfe Account | Super Saver Account | Dream Builder & Saver CDs | |
|---|---|---|---|---|
| Minimum Balance to Open Open/Close | ||||
| Minimum Balance to Open | $50 | $1 | $50 | |
| Earns Interest Open/Close | ||||
| Earns Interest | ||||
| Digital Banking Open/Close | ||||
| Digital Banking | None | |||
| Open Online | Open in Branch | Open in Branch | ||
All accounts offer digital banking.
LYFE ACCOUNT ONLINE OPENING DISCLOSURE: A parent and/or legal guardian is required to open a LYFE Account online and in-branch. When opening an account online, the parent/guardian will be a joint owner and will receive an email asking them to also complete an application. The joint owner will also be given the opportunity to help fund the account on behalf of the student/child if so desired.
SAVINGS THAT STACK UP
Become a Super Saver & Connect Your lyfe Account with a Savings Account
The Super Saver Account is a great add-on to your lyfe account making it easy to start saving for long-term goals. Even better, with RoundUp connected to your lyfe account, the change from your own purchases can go straight into your savings account.
- Start with just one dollar
- No required minimum to keep it going
- Interest compounded daily, paid quarterly
GROW YOUR DREAMS
CDs Designed to Give Your Long-Term Savings a Boost
Dream Builder and Dream Saver CDs are designed for youth 18 and under. They help you save for big things like college, your first car, future adventures or something totally your own.
When you open a CD, compounding interest helps you save even more over time and the earlier you start, the more money you’ll have for your long-term aspirations.
- Earn more as you save
- With Dream Saver, you add money whenever it works for you
- With Dream Builder, you can set it and forget it with automatic monthly savings
LYFE ACCOUNT ONLINE OPENING DISCLOSURE: A parent and/or legal guardian is required to open a LYFE Account online and in-branch. When opening an account online, the parent/guardian will be a joint owner and will receive an email asking them to also complete an application. The joint owner will also be given the opportunity to help fund the account on behalf of the student/child if so desired.
