Everybody's Got Their OlyFed Story
With all that’s transpired in our communities over the past year, we asked some of our Executive Team and Senior Leaders what Banking that’s Mutual means to them. They each responded with their own unique perspective about how OlyFed puts people above the bottom line. Below you’ll find their stories along with a great sense of passion each of our team members bring to serving the needs of our customers and community.
Relationships Above the Bottom Line
Many people are familiar with not-for-profit credit unions and for-profit banks; however, not much is known about mutual savings banks like OlyFed. That’s because we are different. We’re in our own unique category called you-profit. As a mutual, we’re accountable to you, our customers, not corporate shareholders. With our business model, mutual means more…for your wallet, for your future and for your community.
Values Above the Bottom Line
Since the beginning we’ve valued our relationships with our customers, employees and community above all else. In fact, 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 work we do. This is why it so important for us to take care of the people who care for our customers…
Home Ownership Above the Bottom Line
When OlyFed was founded in 1906, there were few options for buying or building a home, outside of paying cash. At that time, some insurance companies offered mortgages, but they were very different from the home loans we’re familiar with today…
Savings Above the Bottom Line
When Savings is part of your name, you had better be dedicated to helping your customers improve their financial quality of life. That’s exactly what James McDowell had in mind when he and a group of community leaders started Olympia Federal Savings in 1906. At the time, most people in town kept their money in the safe at Talcott Jewelers, when this team of innovators had the idea of helping their friends and neighbors save their money safely and securely while providing a reasonable rate of return …