We Love Calling Thurston County Home!
Welcome to Banking that’s Better!
At OlyFed, mutual means more because we answer to our customers, not corporate shareholders. That means every decision we make is focused on helping local families, businesses and communities thrive.
Visit us at one of our nine local branches!
Why OlyFed?
By combining exceptional customer service, trusted lending solutions and competitive savings rates with 21st-century digital and mobile banking technology, we offer a one-of-a-kind, values-driven approach to local banking.
Financial Integrity
For 152 straight quarters (38 years), we’ve earned a five-star rating from Bauer Financial. Only 1% of the nation’s banks have earned Bauer’s top rating for so long and with such consistency.

We Love Local
We donate more than 10% of earnings to local nonprofits. That’s $2.3 million invested in our community since 2020! Let’s also not forget OlyFedders volunteered more than 1,500 hours in our community last year alone.

Bank with Pride & Purpose
With our Affinity Debit Card Program you can show your school pride by swiping, tapping, using your digital wallet or ordering online, and your OlyFed debit card will generate two cents toward your school’s foundation or ASB Fund – no cost to you!

Accountable to You
We’re all about achieving results that matter to you! Accountable to you, not shareholders, mutual means more for your finances, your future and your friends and family that call this place home.

What Makes Us Different
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. With our business model, mutual means more…for your wallet, for your future and for your community.
At OlyFed, we are more than just a place to deposit your money and to get a loan; we are a community resource center led by a caring and knowledgeable family of bankers who are dedicated to advancing the lives of our neighbors and our local economy. Our laser focus on local means small businesses get the special care they need to ensure our area’s economy flourishes. Even better, our loans, deposits, community investments and local taxes stay here and support neighborhood schools, parks and vital infrastructures.
Committed to Community
We’re committed to returning at least 10% of our profits to local charitable endeavors and fostering a culture of volunteerism among our people, who happily contribute thousands of hours each year. Even better, with loans and deposits staying local, you can rest assured knowing your dollars are reinvested back into the community in which you live, work and play.
We’re proud to support the local organizations you care about, including:
- South Puget Sound Habitat for Humanity
- Hands on Children’s Museum
- Washington Center for the Performing Arts
- Providence Southwest Washington Foundation
- Olympia Downtown Alliance
- Family Education and Support Center
- Boys & Girls Clubs of Thurston County
- Big Brothers Big Sisters of SW WA
- South Puget Sound Community College Foundation
- Rebuilding Together
- Thurston County Food Bank
- Senior Services for South Sound
- Thurston Economic Development Council
- North Thurston Education Foundation
- Tumwater Education Foundation
- Olympia Education Foundation
- South Sound Reading Foundation
- Capitol Land Trust
- Nisqually Land Trust
- GRUB
- Family Support Center
- Morningside
- Homes First
- Childcare Action Council
- South Sound YMCA
- Olympia Free Medical Clinic
- Enterprise for Equity
- Kokua
- World Relief
- Food Source Foundation
- The Strophy Foundation
- Ballet Northwest
- Thurston | Mason Crisis Clinic
- Olympia Union Gospel Mission
- Interfaith Works
- Little Red School House
- Arbutus Folk School
- Concern for Animals
- Career Path Services (BankWork$)
- Sound Learning
- Saint Martin’s University
- The Evergreen State College
- Olympia Master Builders
- Olympia Family Theater
- And many more!
Discover Better Banking & Make the Switch to OlyFed Today!
Ready to start your OlyFed journey? Switching is simple with our convenient EasySWITCH service, making it painless to move your banking to a place that shares your values. EasySWITCH allows you to securely move your accounts, along with your direct deposits and automatic payments all through OlyFed’s online banking. It’s free and as the name indicates, it’ easy! Stop by your local branch to get started.
Can’t make it into a branch? No problem. With OlyFed’s Digital Branch, you can do it all without doing it in person. We offer anytime, anywhere access to account opening and account management tools that work with your schedule.
No matter how you choose to bank, you’ll enjoy personalized service from a team of local bankers who are just a phone call, email or text away!
