Percival Landing with tugboat Sand Man, Olympia

Percival Landing with tugboat Sand Man, Olympia.

Current Rates - Effective as of May 16, 2019

Oly Fed Rates

Check your rates our deposit accounts. They're updated weekly. For more information, please visit a branch or give us a call to review. Printed rate sheets are available upon request.

Certificate of Deposit Rates

Account Type

 

 

Minimum To Open
& Earn APY

 

Annual Percentage Yield
(APY)

Compounding Method

 

Interest Rate

 

120 Mo CD

$100

2.02%

Monthly

2.00%

72 Mo CD

$100

2.02%

Monthly

2.00%

60 Mo CD

$100

2.43%

Monthly

2.40%

48 Mo CD

$100

2.17%

Monthly

2.15%

48 Mo Add on CD

$100

2.07%

Monthly

2.05%

36 Mo CD

$100

2.12%

Monthly

2.10%

30 Mo CD

$100

2.07%

Monthly

2.05%

24 Mo CD

$100

2.02%

Monthly

2.00%

24 Mo Add On CD

$100

1.92%

Monthly

1.90%

18 Mo CD

$100

1.76%

Monthly

1.75%

18 Mo Bump Rate CD

$100

1.66%

Monthly

1.65%

15 Mo Add On CD

$100

0.90%

Monthly

0.90%

13 Mo CD Special
- Limited-Time Offer†

$100

2.40%

Monthly

2.37%

12 Mo CD

$100

1.51%

Monthly

1.50%

6 Mo CD

$2,500

0.35%

Quarterly

0.35%

91 Day CD

$2,500

0.20%

At Maturity

0.20%

CDs for Young Savers 

48 Mo Dream Builder*
48 Mo Dream Saver*
*Designed for savers under 18 

 

$50
$50

 

2.27%
2.17%

 

Monthly
Monthly

 

2.25%
2.15%

These accounts no longer offered

   

 

 

 60 Mo Bump CD

 

 2.43%

 Monthly

2.40%

27 Mo Bump Rate Tiered CD

       

     Tier 1: Min. balance to earn APY:
     $5,000 - $24,999.99

$5,000 2.27% Monthly 2.25%

     Tier 2: Min. balance to earn APY:
     $25,000 - $49,999.99

$5,000 2.53% Monthly 2.50%
     Tier 3: Min. balance to earn APY:
     $50,000 and up
$5,000  2.78%  Monthly  2.75% 
All certificates have fixed rate for term. The APY is accurate as of the date above and is subject to change. APY assumes interest earned remains on deposit until maturity. Fees may reduce earnings. Minimum balance required to obtain the stated APY is $100 with the exception of the 6-month and 91-day CDs with a required balance of $2,500, and 27-month bump rate tiered CD with a required balance of $5,000, and the Dream Builder and Dream Savers CDs with a required balance of $50. Early withdrawal penalty may apply.
†Limited time offer.
Terms & Conditions apply. See Truth in Savings disclosure for details.
 
Individual Retirement Account Rates - Traditional / Roth / SEP / Coverdell Education

Account Type

 

 

Minimum To Open
& Earn APY

 

Annual Percentage Yield
(APY)

Compounding Method

 

Interest Rate

 

120 Mo $50 2.15% Daily 2.10%
72 Mo $50 2.15% Daily 2.10%
60 Mo $50 2.57% Daily 2.50%
48 Mo $50 2.31% Daily 2.25%
36 Mo $50 2.26% Daily 2.20%
24 Mo $50 2.15% Daily 2.10%
18 Mo $50 1.89% Daily 1.85%
12 Mo $50 1.64% Daily 1.60%
All IRAs have fixed rate for term. Early withdrawal penalty may apply. The APY is accurate as of the date above and is subject to change. Fees may reduce earnings. The APY assumes interest earned remains on deposit until maturity.
Terms & Conditions apply. See Truth in Savings disclosure for details.

 

Consumer Rates

Consumer Money Market Account*

 

Minimum To Open
& Earn APY

Annual Percentage Yield (APY)

Compounding Method 

Interest Rate

Tier 1: Min. balance to earn APY:
$50 - $2,499.99

$2,500

0.20%

Daily

0.20%

Tier 2: Min. balance to earn APY: 
$2,500 - $9,999.99

$2,500

0.25%

Daily

0.25%

Tier 3: Min. balance to earn APY: 
$10,000 - $49,999.99

$2,500

0.30%

Daily

0.30%

Tier 4: Min. balance to earn APY: 
$50,000 - $99,999.99

$2,500

0.51%

Daily

0.50%

Tier 5: Min. balance to earn APY: 
$100,000 +

$2,500

0.66%

Daily

0.65%

Consumer Account Type

 

Minimum To Open
& Earn APY

Annual Percentage Yield (APY)

Compounding Method  

Interest Rate 

Statement Savings**

Min. balance to earn APY: $50

$100

0.15%

Daily

0.15%

Passbook Savings**
Min. balance to earn APY: $50

$100

0.15%

Daily

0.15%

Super Savings Passbook†
(under age 18) 

Min. balance to earn APY: $50

$1

0.25%

Daily

0.25%

Jump Start Checking†

(high school to 19)

No minimum balance to earn APY

$50

0.25%

Daily

0.25%

Choice Checking†

Min. balance to earn APY: $100

$100

0.10%

Daily

0.10%

Health Savings Account (HSA)***

No minimum balance to earn APY

$1

0.10%

Daily

0.10%

NEW CHECKING PRODUCT

 

Minimum To Open
& Earn APY

Annual Percentage Yield (APY)

Compounding Method 

Interest Rate

Journey Checking*†

$100

3.00%*†

Daily

2.92%*†

*† Variable interest rate account. Rates accurate as of 11/05/18 and subject to change anytime and without notice. Requires the following to obtain Premium Rate: Direct deposit of $500 or more per monthly statement cycle, debit card activation and at least 10 debit transactions posted per statement cycle, must sign up to receive eStatements, must be enrolled in Retail Online Banking, must maintain active online banking access as outlined in the Online Banking Terms & Conditions Agreement, and one account per Social Security Number.
Premium Rate - When the Premium Rate qualifications are met, if your daily balance is $10,000.00 or less, the interest rate paid on the entire balance will be 2.92% with an annual percentage yield of 3.00%.
Above Cap Rate - When the Premium Rate qualifications are met, an interest rate of 0.10% will be paid only for that portion of your daily balance that is greater than $10,000.00. The annual percentage yield for this tier will range from 3.00% to 0.37% depending on the balance in the account.
Base Rate - When the Premium Rate qualifications are not met, the interest rate paid on the entire balance in your account will be 0.10% with an annual percentage yield of 0.10%.
Fees may reduce earnings and rate may change after account opening.
Terms & Conditions apply. See Truth in Savings disclosure for details.
Business Rates

Business
Money Market Account*

 

Minimum To Open
& Earn APY

Annual Percentage Yield (APY)

Compounding Method 

Interest Rate

Tier 1: Min. balance to earn APY:
$50 - $2,499.99

$2,500

0.20%

Daily

0.20%

Tier 2: Min. balance to earn APY: 
$2,500 - $9,999.99

$2,500

0.25%

Daily

0.25%

Tier 3: Min. balance to earn APY: 
$10,000 - $49,999.99

$2,500

0.30%

Daily

0.30%

Tier 4: Min. balance to earn APY: 
$50,000 - $99,999.99

$2,500

0.51%

Daily

0.50%

Tier 5: Min. balance to earn APY: 
$100,000 +

$2,500

0.66%

Daily

0.65%

Premium Business
Money Market Account*

 

Minimum To Open
& Earn APY

Annual Percentage Yield (APY)

Compounding Method 

Interest Rate

Tier 1: Min. balance to earn APY:
$50 - $9,999.99

$50,000

0.10%

Daily

0.10%

Tier 2: Min. balance to earn APY: 
$10,000 - $49,999.99

$50,000

0.15%

Daily

0.15%

Tier 3: Min. balance to earn APY: 
$50,000 - $99,999.99

$50,000

0.75%

Daily

0.75%

Tier 4: Min. balance to earn APY: 
$100,000 - $299,999.99

$50,000

0.90%

Daily

0.90%

Tier 5: Min. balance to earn APY: 
$300,000 +

$50,000

1.10%

Daily

1.10%

Business Account Type

 

Minimum To Open
& Earn APY

Annual Percentage Yield (APY)

Compounding Method  

Interest Rate 

Business Statement Savings**

Min. balance to earn APY: $50

$100

0.15%

Daily

0.15%

Outreach Business Checking†

(community organizations & nonprofits)

Min. balance to earn APY: $100

$100

0.10%

Daily

0.10%

Beyond Business Checking‡

Min. balance to earn APY: 
$0 - $2,499.99

$1,000

0.00%

Daily

0.00%

Min. balance to earn APY: 
$2,500 - $24,999.99

$1,000

0.10%

Daily

0.10%

Min. balance to earn APY: 
$25,000 - $74,999.99

$1,000

0.15%

Daily

0.15%

Min. balance to earn APY: 
$75,000 - $149,999.99

$1,000

0.17%

Daily

0.17%

Min. balance to earn APY: 
$150,000 +

$1,000

0.20%

Daily

0.20%

* Rates may change after the account is opened. The APY is accurate as of the date above and is subject to change. Fees may reduce earnings. Transfers from a money market account to another account or third parties by preauthorized automatic, telephone, or computer transfer or by check, debit card or similar order to third parties are limited to six per statement cycle.
** $3 quarterly service charge will be imposed if average daily balance falls below $100. Transaction limitations: 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.
*** Rates may change after the account is opened. The APY is accurate as of the date above and is subject to change. Fees may reduce earnings.
† Fees may reduce earnings. Rates may change after the account is opened. The APY is accurate as of the date above and is subject to change.
‡ All tiers are subject to change weekly without notice. Rates may change after the account is opened. The APY is accurate as of the date above and is subject to change. Fees may reduce earnings.
Terms & Conditions apply. See Truth in Savings disclosure for details.
Home Loan Rates - Owner Occupied Purchases and Refinances

Type of Mortgage 

 

Interest Rate 

 

Annual Percentage Rate
(APR)

Loan Fee 

 

30 Year Fixed Rate

4.375%

4.513% 1%
20 Year Fixed Rate 4.250% 4.438% 1%
15 Year Fixed Rate 3.875% 4.111% 1%
1st Time Homebuyer (30yr) 4.250% 4.343% .50%
1st Time Homebuyer (20yr) 4.125% 4.253% .50%

 

Loan requests in excess of $500,000 please call us for rates.
Rates are automatically locked in at time of application. Plus, if our rates go down before closing, you get the lowest rate! Ask about our insured programs with only a 3% down payment.
Calculations based on $240,000.00 conventional loan with 20% down payment (purchase) or equity position (refinancing). Payment calculations are principal and interest only and do not include taxes or insurance which may increase your monthly payment.
15-year mortgage: Interest rate 3.875%,  Annual Percentage Rate (APR) 4.111, 180 monthly payments of $1,760.25 each, total interest paid $76,846.20
20-year mortgage: Interest rate 4.250%, Annual Percentage Rate (APR) 4.438, 240 monthly payments at $1,486.16 each, total interest paid $116,679.36
30-year mortgage: Interest rate 4.375%, Annual Percentage Rate (APR) 4.513, 360 monthly payments of $1,198.28 each, total interest paid $191,384.20
1st Time Homebuyer (30): Interest rate 4.250%, Annual Percentage Rate (APR) 4.343, 360 monthly payments of $1,180.66 each, total interest paid $185,034.55
1st Time Homebuyer (20): Interest rate 4.125%, Annual Percentage Rate (APR) 4.253, 240 monthly payments of $1,470.21 each, total interest paid $112,850.08
HELP* - Owner Occupied Purchases and Refinances
Interest RateAnnual Percentage Rate (APR)Amortized TermLoan Fee
5.250% Fixed 5.452% 10 Years - 0 -
6.000% Fixed 6.200% 15 Years - 0 -
7.000% Fixed 7.111% 25 Years  - 0 - 
5.250% ARM 5.344% 25 Years  - 0 - 
Oly Fed Equity Line** - (Home Equity Line of Credit)
LTV - Up to and includingInterest RateAnnual Percentage Rate (APR)Loan Fee
80% 5.625% Variable 5.625% - 0 -
80.01 – 90.0% 6.875% Variable 6.875%  - 0 - 
*The HELP ARM Index is based on the Federal Home Loan Bank (FHLB) 11th District Cost of Funds (COF). Rates may go up for closed-end variable rate home equity loans.

**$50 annual fee after the 1st year. The value of the index is based on the Wall Street Journal Prime Rate. The rate is computed by adding the Wall Street Journal Prime Rate + our margins of .125 or 1.375. The current Wall Street Journal Prime Rate is 5.50%, however we have an Annual Percentage Rate minimum (floor) of 4.00%.
Auto Loan Rates

Loan Type

 

Annual Percentage Rate
(APR)

Terms

 

Comments

 

New, Used or
Classic Vehicle
Rates range from 4.471% -
7.472% fixed APR*
Choose your term to suit your monthly budget Your individual financing and the interest rate to which you qualify will be determined by vehicle age and individual credit history.
Green Choice Auto 4.021% - 5.722% fixed APR*    
*Annual Percentage Rates are based on your credit score and are subject to change without notice.

APPLY NOW! - Click here to start your consumer/car loan application

Boat Loan Rates
Loan TypeAnnual Percentage Rate
(APR)
TermsComments
New, or
Used Boat
Rates range from 7.022% -
10.023% fixed APR*
Choose your term to suit your monthly budget Your individual financing and the interest rate to which you qualify will be determined by boat age and individual credit history.
* Annual Percentage Rates are based on your credit score and are subject to change without notice.

APPLY NOW! - Click here to start your boat loan application

RV Loan Rates

Loan Type

 

Annual Percentage Rate
(APR)

Terms

 

Comments

 

New, or
Used RV
Rates range from 9.022% -
10.023% fixed APR*
Choose your term to suit your monthly budget Your individual financing and the interest rate to which you qualify will be determined by RV age and individual credit history.
* Annual Percentage Rates are based on your credit score and are subject to change without notice.

APPLY NOW! - Click here to start your RV loan application

Personal Line of Credit Rates

Loan Type

 

Annual Percentage Rate
(APR)

Terms

 

Comments

 

Personal Line
of Credit
Rates range from 8.000% -
11.000% variable APR*
5 year draw period followed by either a 5-7 year repayment period. Your individual financing and the interest rate to which you qualify will be determined by income and individual credit history.
* Annual Percentage Rates are based on your credit score and are subject to change without notice.

APPLY NOW! - Click here to start your Personal Line of Credit application

OlyFed Account Fees

ItemFee
Check printing (fee depends on the style of check ordered) Fee Varies
Returned deposit item fee
(Deposited checks that are returned unpaid)
$10
OD/NSF charge† $25 per item paid
Return charge† $25 per item returned

Maximum for OD/NSF and return charges†

$125 per day
Overdraft protection transfer fee‡ $5 per transfer
Account research $25 per hour
Stop payment charge $15
Unauthorized ACH entry fee $4.50 each
Account closed within 90 days of opening $15
Wire transfer fee (domestic) $15
Wire transfer fee (international) $30
Check collection $10
Check collection (foreign)* $30 min.
Copy of cancelled check $2
Matured or called bond $50 each
First coupon envelope $15
Additional coupon envelopes $5 each
Returned item (bond) $20 each
PopMoneyFee

3 Day Delivery

$.00 - $249.99

$250+

 

$.00

$1

Next Day Delivery

$.00 - $249.99
$250+


$.00
$2

Transfer NowFee
Inbound Free
Outbound (3 Day) $1.50
Outbound (Next Day) $2.50
Safe Deposit Boxes**Fee
2x5 $19 per year
3x5 $25 per year
5x5 $30 per year
3x10 $40 per year
5x10 $55 per year
10x10 $105 per year
11x16 $185 per year
Replacement Key $10
Drilling Varies
**On availability basis. Not FDIC Insured Safe deposit box rent will be discounted by $5.00 when you sign up for an automatic payment from an OlyFed savings or checking account.
*Cost may vary from collecting bank
†If a transaction overdraws your account, for example: a check, in-person withdrawal, internal transfer, recurring debit card transaction, or Automated Clearinghouse (ACH) transaction, we may impose a return charge if we do not pay the item, or an overdraft/non-sufficient funds (OD/NSF) charge if we do pay the item. Return charges and overdraft/non-sufficient funds charges will not be imposed on ATM withdrawals, one-time debit card transactions, or bank fees. 
‡The overdraft protection transfer fee applies only when your account has become overdrawn for any reason and you have opted in to our overdraft protection service. 
We may require no less than 7 days' notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D. Withdrawals from a time account prior to maturity or prior to any notice period may be restricted and may be subject to penalty. See your notice of penalty for early withdrawal.