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Certificate of Deposits

Rates accurate as of March 1, 2024
Consumer Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
120 Mo. CD
120 Mo. CD $100 $100 1.00% Monthly 1.00% Open Online
72 Mo. CD
72 Mo. CD $100 $100 1.00% Monthly 1.00% Open Online
60 Mo. CD
60 Mo. CD $100 $100 1.51% Monthly 1.50% Open Online
48 Mo. CD
48 Mo. CD $100 $100 3.66% Monthly 3.60% Open Online
36 Mo. CD
36 Mo. CD $100 $100 2.27% Monthly 2.25% Open Online
30 Mo. CD
30 Mo. CD $100 $100 3.87% Monthly 3.80% Open Online
24 Mo. CD
24 Mo. CD $100 $100 2.53% Monthly 2.50% Open Online
18 Mo. CD
18 Mo. CD $100 $100 4.23% Monthly 4.15% Open Online
12 Mo. CD
12 Mo. CD $100 $100 4.07% Monthly 4.00% Open Online
8 Mo. Outreach CD | For Nonprofit & Community Organizations
8 Mo. Outreach CD | For Nonprofit & Community Organizations $2,500 $2,500 4.91% Monthly 4.80% Contact OlyFed
6 Mo. CD
6 Mo. CD $2,500 $2,500 2.03% Monthly 2.00% Open Online
91 Day CD
91 Day CD $2,500 $2,500 2.05% At Maturity 2.00% Open Online
Consumer Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Add-On CD
48 Mo. Add-On CD
48 Mo. Add-On CD $100 $100 1.21% Monthly 1.20% Open Online
24 Mo. Add-On CD
24 Mo. Add-On CD $100 $100 1.21% Monthly 1.20% Open Online
15 Mo. Add-On CD
15 Mo. Add-On CD $100 $100 1.31% Monthly 1.30% Open Online
Consumer Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Add-On Bump CD
18 Mo. Add-on Bump Rate CD*
18 Mo. Add-on Bump Rate CD* $100 $100 1.21% Monthly 1.20% Open Online
Consumer Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Bump CD
60 Mo. Bump Rate CD*
60 Mo. Bump Rate CD* $100 $100 1.41% Monthly 1.40% Open Online

All certificates have fixed rate for term, with exception to the 60 Month Bump Rate CD and the 18 Month Bump Rate CD. 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. Early withdrawal penalty may apply. †Limited time offer. *Variable rate for term. The interest rate on your Bump Rate CD account may change once during the term. Terms and conditions apply.

Consumer Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
COMPANION SAVINGS - Your CDs Best Friend!
Companion Savings*
Companion Savings* $100 $0 3.04% Daily 3.00% Open Online

*COMPANION SAVINGS DISCLOSURES: Variable rate account. Interest rate of 3.00% and 3.04% Annual Percentage Yield (APY) is effective as of September 22, 2023, and is 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. When a CD matures, up to the entire balance of the maturing CD may be deposited into a Companion account. Deposits must be made the same day as the deposits into the CD or at time of maturity. 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.

See Truth in Savings and Terms & Conditions brochures for details.

Member FDIC

IRAs

Rates accurate as of March 1, 2024
Consumer Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Consumer Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Individual Retirement Accounts (IRA) - Traditional, Roth, SEP, Coverdell
120 Mo. IRA
120 Mo. IRA $50 $50 1.11% Daily 1.10% Open Online
72 Mo. IRA
72 Mo. IRA $50 $50 1.11% Daily 1.10% Open Online
60 Mo. IRA
60 Mo. IRA $50 $50 1.64% Daily 1.60% Open Online
48 Mo. IRA
48 Mo. IRA $50 $50 3.82% Daily 3.70% Open Online
36 Mo. IRA
36 Mo. IRA $50 $50 2.41% Daily 2.35% Open Online
24 Mo. IRA
24 Mo. IRA $50 $50 2.67% Daily 2.60% Open Online
18 Mo. IRA
18 Mo. IRA $50 $50 4.40% Daily 4.25% Open Online
12 Mo. IRA
12 Mo. IRA $50 $50 4.24% Daily 4.10% Open Online

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. The APY assumes interest earned remains on deposit until maturity.

See Truth in Savings and Terms & Conditions brochures for details.

Member FDIC

Personal Checking & Savings

Rates accurate as of March 1, 2024
Consumer Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Consumer Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Checking Accounts
Journey*
Journey* $100 Requirements Below 5.20% Daily 5.00% Open Online

JOURNEY CHECKING DISCLOSURE
Variable interest rate account. Rates subject to change anytime and without notice.

• An interest rate of 0.05% 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 5.20% to 0.56%, depending on the balance in the account.

• If your daily balance is $10,000.00 or less, the interest rate paid on the entire balance will be 5.00% with an annual percentage yield of 5.20%*.

• If your account does not have the required activity noted below* an interest rate of 0.05% will be paid on the entire balance. The annual percentage yield for the entire balance will be 0.05%, depending on the balance in the account.

*Premium rate requires monthly direct deposit of $500 or more, debit card activation and 10 debit transactions posted per statement cycle, enrollment in retail online banking and signing up to receive eStatements, and maintaining active online banking access as outlined in the Online Banking Terms & Conditions Agreement. One account per Social Security Number. Minimum $100.00 to open an account. Fees may reduce earnings and rate may change after account opening.

Consumer Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Savings Accounts
Statement Savings*
Statement Savings* $100 $50 0.05% Daily 0.05% Open Online

*$3 quarterly service charge will be imposed if average daily balance falls below $100. Variable interest rate account. Rates may change anytime and without notice. Fees may reduce earnings.

Companion Savings
Companion Savings $100 $0 3.04% Daily 3.00% Open Online

Variable rate account. Interest rate of 3.00% and 3.04% Annual Percentage Yield (APY) is effective as of September 22, 2023, and is 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. When a CD matures, up to the entire balance of the maturing CD may be deposited into a Companion account. Deposits must be made the same day as the deposits into the CD or at time of maturity. 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.

Consumer Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Health Savings Account (HSA)
HSA
HSA $1 $0 0.05% Daily 0.05% Open Online

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.

Consumer Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Personal Money Market Account (MMA)
Tier 1
Tier 1 $2,500 $50 - $2,499.99 0.05% Daily 0.05% Open Online
Tier 2
Tier 2 $2,500 $2,500 - $9,999.99 0.10% Daily 0.10%
Tier 3
Tier 3 $2,500 $10,000 - $49,999.99 0.20% Daily 0.20%
Tier 4
Tier 4 $2,500 $50,000 - $99,999.99 0.20% Daily 0.20%
Tier 5
Tier 5 $2,500 $100,000 + 0.51% Daily 0.50%
Consumer Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Premium Personal Money Market Account (MMA)
Tier 1
Tier 1 $50,000 $50-$49,999.99 0.05% Daily 0.05% Open Online
Tier 2
Tier 2 $50,000 $50,000-$99,999.99 0.20% Daily 0.20%
Tier 3
Tier 3 $50,000 $100,000-$149,999.99 0.51% Daily 0.50%
Tier 4
Tier 4 $50,000 $150,000-$199,999.99 1.28% Daily 1.25%
Tier 5
Tier 5 $50,000 $200,000-$249,999.99 1.79% Daily 1.75%
Tier 6
Tier 6 $50,000 $250,000-$499,999.99 2.05% Daily 2.00%
Tier 7
Tier 7 $50,000 $500,000-$999,999.99 2.57% Daily 2.50%
Tier 8
Tier 8 $50,000 $1,000,000+ 3.60% Daily 3.49%

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.

See Truth in Savings and Terms & Conditions brochures for details.

Member FDIC

Youth Accounts

Rates accurate as of March 1, 2024
Minimum to Open Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Super Saver
Super Saver $1 $0 0.15% Daily 0.15% Contact OlyFed
Jump Start Checking†
Jump Start Checking† $50 $0 0.15% Daily 0.15% Contact OlyFed
48 Mo. Dream Builder CD
48 Mo. Dream Builder CD $50 $50 2.32% Monthly 2.30% Contact OlyFed
48 Mo. Dream Saver CD
48 Mo. Dream Saver CD $50 $50 2.02% Monthly 2.00% Contact OlyFed

Super Saver, Dream Builder, and Dream Saver accounts are for customers under the age of 18. †High School age up to 19. For JumpStart Checking and Super Saver accounts, rates are variable and may change without notice after the account is opened. The APY is accurate as of the date above and is subject to change. Fees may reduce earnings. Terms and conditions apply.

Dream Builder and Dream Saver certificates have a fixed rate for term. Dream Builder requires a monthly automatic transfer from an OlyFed account. 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. Early withdrawal penalty may apply. Terms and conditions apply.

See Truth in Savings and Terms & Conditions brochures for details.

Member FDIC

Business Checking & Savings

Rates accurate as of March 1, 2024
Business Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Business Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Checking Accounts
Outreach Business*
Outreach Business* $100 $100 0.05% Daily 0.05% Contact OlyFed
Business Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Beyond Business
Tier 1
Tier 1 $1,000 $0 - $2,499.99 0.00% Daily 0.00% Contact OlyFed
Tier 2
Tier 2 $1,000 $2,500 - $24,999.99 0.05% Daily 0.05%
Tier 3
Tier 3 $1,000 $25,000 - $74,999.99 0.10% Daily 0.10%
Tier 4
Tier 4 $1,000 $75,000 - $149,999.99 0.12% Daily 0.12%
Tier 5
Tier 5 $1,000 $150,000 + 0.51% Daily 0.50%

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. Fees may reduce earnings. * This account is for community organizations and nonprofits.

Business Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Business Money Market Account (MMA)
Tier 1
Tier 1 $2,500 $50 - $2,499.99 0.05% Daily 0.05% Contact OlyFed
Tier 2
Tier 2 $2,500 $2,500 - $9,999.99 0.10% Daily 0.10%
Tier 3
Tier 3 $2,500 $10,000 - $49,999.99 0.20% Daily 0.20%
Tier 4
Tier 4 $2,500 $50,000 - $99,999.99 0.20% Daily 0.20%
Tier 5
Tier 5 $2,500 $100,000 + 0.51% Daily 0.50%
Business Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Business Premium Money Market Account
Tier 1
Tier 1 $50,000 $50 - $9,999.99 0.10% Daily 0.10% Contact OlyFed
Tier 2
Tier 2 $50,000 $10,000 - $49,999.99 0.10% Daily 0.10%
Tier 3
Tier 3 $50,000 $50,000 - $99,999.99 0.15% Daily 0.15%
Tier 4
Tier 4 $50,000 $100,000 - $299,999.99 0.51% Daily 0.50%
Tier 5
Tier 5 $50,000 $300,000-$499,999.99 2.05% Daily 2.00%
Tier 6
Tier 6 $50,000 $500,000-$999,999.99 2.57% Daily 2.50%
Tier 7
Tier 7 $50,000 $1,000,000+ 3.60% Daily 3.49%

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.

Business Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Savings Account
Statement Savings
Statement Savings $100 $50 0.05% Daily 0.05% Contact OlyFed
Companion Savings*
Companion Savings* $100 $0 3.04% Daily 3.00% Contact OlyFed

$3 quarterly service charge will be imposed if the average daily balance falls below $100.

*Variable rate account. Interest rate of 3.00% and 3.09% Annual Percentage Yield (APY) and 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.

See Truth in Savings and Terms & Conditions brochures for details.

Member FDIC

Home Loans

Rates accurate as of March 1, 2024
Mortgage Type Interest Rate Annual Percentage Rate (APR) Loan Fee
30-Year Fixed
30-Year Fixed 6.875% 7.042% 1% Contact a Loan Officer
20-Year Fixed
20-Year Fixed 6.625% 6.840% 1% Contact a Loan Officer
15-Year Fixed
15-Year Fixed 6.500% 6.766% 1% Contact a Loan Officer
10-Year Fixed
10-Year Fixed 6.500% 6.875% 1% Contact a Loan Officer
1st Time Homebuyer (30-Year Fixed)
1st Time Homebuyer (30-Year Fixed) 6.625% 6.739% .50% Contact a Loan Officer
1st Time Homebuyer (20-Year Fixed)
1st Time Homebuyer (20-Year Fixed) 6.375% 6.522% .50% Contact a Loan Officer
Affordable Home Loan Program (30-Year Fixed)
Affordable Home Loan Program (30-Year Fixed) 5.000% 5.071% $800 Contact a Loan Officer
Non-Owner Occupied (30-Year Fixed)
Non-Owner Occupied (30-Year Fixed) 7.500% 7.729% 1.5% Contact a Loan Officer
Non-Owner Occupied (15-Year Fixed)
Non-Owner Occupied (15-Year Fixed) 7.500% 7.865% 1.5% Contact a Loan Officer
Green Choice Energy Efficient Mortgage*
Green Choice Energy Efficient Mortgage* 0.50% Off Loan Fee Contact a Loan Officer
Mortgage Type Interest Rate Annual Percentage Rate (APR) Loan Fee
Jumbo (30-Year Fixed)
$825,000.00 and above (80% max LTV)
$825,000.00 and above (80% max LTV) 6.875% 7.024% 1%

Product for owner-occupied purchases & refinances. Rates are held at the 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.

Jumbo Loans are not available on Green Choice Lending programs.

HOME LOAN PAYMENT CALCULATIONS
Calculations based on $300,000.00 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.

  • 30-Year Mortgage: Interest rate 6.875%, Annual Percentage Rate (APR) 7.042%, 360 monthly payments of $1,970.79 each, total interest paid $410,339.43.
  • 20-Year Mortgage: Interest rate 6.625%, Annual Percentage Rate (APR) 6.840%, 240 monthly payments at $2,258.85 each, total interest paid $242,952.73.
  • 15-Year Mortgage: Interest rate 6.500%, Annual Percentage Rate (APR) 6.766%, 180 monthly payments of $2,613.32 each, total interest paid $171,210.83.
  • 10-Year Mortgage: Interest rate 6.500%, Annual Percentage Rate (APR) 6.875%, 120 monthly payments of $3,406.44 each, total interest paid $109,585.23.
  • 1st Time Homebuyer (30-Year Mortgage): Interest rate 6.625%, Annual Percentage Rate (APR) 6.739%, 360 monthly payments of $1,920.93 each, total interest paid $392,366.19.
  • 1st Time Homebuyer (20-Year Mortgage): Interest rate 6.375%, Annual Percentage Rate (APR) 6.522%, 240 monthly payments of $2,214.70 each, total interest paid $232,323.52.
  • Non-Owner Occupied (30-Year Mortgage): Interest rate 7.500%, Annual Percentage Rate (APR) 7.729%, 360 monthly payments of $2,097.64 each, total interest paid $456,092.88.
  • Non-Owner Occupied (15-Year Mortgage): Interest rate 7.500%, Annual Percentage Rate (APR) 7.865%, 180 monthly payments of $2,781.04 each, total interest paid $201,523.74.

JUMBO LOAN PAYMENT CALCULATIONS
Calculation example based on loan amount shown with 20% down payment (purchase) or equity position (refinancing). Payment calculation is principal and interest only and does not include taxes or insurance which may increase your monthly payment.

  • $825,000 loan amount (80% max LTV): Interest rate 6.875%, Annual Percentage Rate (APR) 7.024%, 360 monthly payments of $5,419.66 each, total interest paid $1,128,443.80.

At OlyFed we do offer Jumbo Loans with as little as 10% down; however, Private Mortgage Insurance (PMI) is required with loans that have less than 20% down. Contact an OlyFed Loan Officer for more details.

AFFORDABLE HOME LOAN PROGRAM PAYMENT CALCULATION 
Calculations based on $330,000.00 conventional loan with 3% down payment (purchase) or equity position (refinancing). Payment calculations are principal and interest only and do not include taxes, insurance or Private Mortgage Insurance (PMI), which may increase your monthly payment.

  • Affordable Home Loan Program (30-Year Mortgage): Interest rate 5.000%, Annual Percentage Rate (APR) 5.071%, 360 monthly payments of $1,771.51 each, total interest paid $308,432.04.

Green Choice Energy Efficient Mortgage: 0.50% off loan fee for loans $824,999 and below.

Member FDIC
Equal Housing Lender

Construction Loans

Rates accurate as of March 1, 2024
Type of Mortgage Interest Rate Annual Percentage Rate (APR) Loan Fee
30-Year Fixed (Owner Occupied)
30-Year Fixed (Owner Occupied) 6.875% 7.052% 1% Contact a Loan Officer
20-Year Fixed (Owner Occupied)
20-Year Fixed (Owner Occupied) 6.625% 6.850% 1% Contact a Loan Officer
15-Year Fixed (Owner Occupied)
15-Year Fixed (Owner Occupied) 6.500% 6.775% 1% Contact a Loan Officer
30-Year Fixed (First-Time Homebuyer)
30-Year Fixed (First-Time Homebuyer) 6.625% 6.749% .50% Contact a Loan Officer
20-Year Fixed (First-Time Homebuyer)
20-Year Fixed (First-Time Homebuyer) 6.375% 6.533% .50% Contact a Loan Officer
30-Year Fixed (Affordable Construction Program)
30-Year Fixed (Affordable Construction Program) 5.000% 5.104% $800 Contact a Loan Officer
30-Year Fixed (Non-Owner Occupied)
30-Year Fixed (Non-Owner Occupied) 7.500% 7.792% 2% Contact a Loan Officer
15-Year Fixed (Non-Owner Occupied)
15-Year Fixed (Non-Owner Occupied) 7.500% 7.952% 2% Contact a Loan Officer
Green Choice Lending Program*
Green Choice Lending Program* 0.50% Off Loan Fee Contact a Loan Officer
Type of Mortgage Interest Rate Annual Percentage Rate (APR) Loan Fee
Jumbo Construction (30 Year)
$825,000.00 and above (80% max LTV)
$825,000.00 and above (80% max LTV) 6.875% 7.014% 1% Contact a Loan Officer

HOME LOAN PAYMENT CALCULATIONS
Calculations based on $450,000.00 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.

  • Owner Occupied (30-Year Mortgage): Interest rate 6.875%, Annual Percentage Rate (APR) 7.052%, 360 monthly payments of $2,956.18 each, total interest paid $629,693.57.
  • Owner Occupied (20-Year Mortgage): Interest rate 6.625%, Annual Percentage Rate (APR) 6.850%, 240 monthly payments of $3,388.28 each, total interest paid $378,092.09.
  • Owner Occupied (15-Year Mortgage): Interest rate 6.500%, Annual Percentage Rate (APR) 6.775%, 180 monthly payments of $3,919.98 each, total interest paid $270,222.32.
  • 1st-Time Homebuyer (30-Year Mortgage): Interest rate 6.625%, Annual Percentage Rate (APR) 6.749%, 360 monthly payments of $2,881.40 each, total interest paid $602,209.16.
  • 1st-Time Homebuyer (20-Year Mortgage): Interest rate 6.375%, Annual Percentage Rate (APR) 6.533%, 240 monthly payments of $3,322.05 each, total interest paid $361,633.49.
  • Non-Owner Occupied (30-Year Mortgage): Interest rate 7.500%, Annual Percentage Rate (APR) 7.792%, 360 monthly payments of $3,146.47 each, total interest paid $699,597.44.
  • Non-Owner Occupied (15-Year Mortgage): Interest rate 7.500%, Annual Percentage Rate (APR) 7.952%, 180 monthly payments of $4,171.56 each, total interest paid $317,754.30.

Maximum loan to value of 95% on Owner Occupied (with a licensed contractor).

JUMBO LOAN PAYMENT CALCULATIONS
Calculation example based on loan amount shown with 20% down payment (purchase) or equity position (refinancing). Payment calculation is principal and interest only and does not include taxes or insurance which may increase your monthly payment.

  • $825,000 loan amount (80% max LTV): Interest rate 6.875%, Annual Percentage Rate (APR) 7.014%, 360 monthly payments of $5,419.66 each, total interest paid $1,205,332.61.

At OlyFed we do offer Jumbo Loans with as little as 10% down; however, Private Mortgage Insurance (PMI) is required with loans that have less than 20% down. Contact an OlyFed Loan Officer for more details.

AFFORDABLE CONSTRUCTION LOAN PROGRAM PAYMENT CALCULATION 
Calculations based on $330,000.00 conventional loan with 5% down payment. Payment calculations are principal and interest only and do not include taxes, insurance or Private Mortgage Insurance (PMI), which may increase your monthly payment.

  • Affordable Construction Loan Program (30-Year Mortgage): Interest rate 5.000%, Annual Percentage Rate (APR) 5.104%, 360 monthly payments of $1,771.51 each, total interest paid $315,994.59.

*Green Choice Lending Program: 0.50% off loan fee for loans $824,999 and below.

Member FDIC
Equal Housing Lender

Developed Lot Loan

Rates accurate as of March 1, 2024
Type of Loan Interest Rate Annual Percentage Rate (APR) Loan Fee
Developed Lot
Developed Lot 9.125% 9.943% 2% Contact a Loan Officer

5-year balloon / 25-year amortization. Loan amount 75% of lot sale price.

DEVELOPED LOT LOAN PAYMENT CALCULATIONS

Calculations based on $100,000.00 5-year balloon loan (25 year amortization) with 25% down payment (purchase). Payment calculations are principal and interest only and do not include taxes or insurance which may increase your monthly payment.

5-Year Balloon / 25 Year Amortization Loan: Interest rate 9.125%, Annual Percentage Rate (APR) 9.943%, 59 monthly payments of $847.77 each, 1 balloon payment of $94,237.50 total interest paid $44,636.18.

Member FDIC
Equal Housing Lender

Manufactured Home Loans

Rates accurate as of March 1, 2024
Type of Loan Interest Rate Annual Percentage Rate (APR) Loan Fee
30-Year Fixed (Owner Occupied) - New Construction Only
30-Year Fixed (Owner Occupied) - New Construction Only 7.750% 7.997% 1% Contact a Loan Officer
20-Year Fixed (Owner Occupied)
20-Year Fixed (Owner Occupied) 7.500% 7.812% 1% Contact a Loan Officer
15-Year Fixed (Owner Occupied)
15-Year Fixed (Owner Occupied) 7.250% 7.631% 1% Contact a Loan Officer
20-Year Fixed (Non-Owner Occupied)
20-Year Fixed (Non-Owner Occupied) 9.250% 9.595% 1% Contact a Loan Officer
15-Year Fixed (Non-Owner Occupied)
15-Year Fixed (Non-Owner Occupied) 9.000% 9.415% 1% Contact a Loan Officer

HOME LOAN PAYMENT CALCULATIONS
Calculations based on $100,000.00 conventional loan with 30% down payment (purchase) or equity position (refinancing) for owner occupied financing and 40% down payment (purchase) or equity position (refinancing) for non-owner occupied financing. Payment examples are principal and interest only and do not include taxes and insurance which may result in a higher monthly payment.

  • Owner Occupied (30-Year Mortgage, New Construction): Interest rate 7.750%, Annual Percentage Rate (APR) 7.997%, 360 monthly payments of $716.41 each, total interest paid $158,233.79
  • Owner Occupied (20-Year Mortgage): Interest rate 7.500%, Annual Percentage Rate (APR) 7.812%, 240 monthly payments of $805.59 each, total interest paid $93,655.84
  • Owner Occupied (15-Year Mortgage): Interest rate 7.250%, Annual Percentage Rate (APR) 7.631%, 180 monthly payments of $912.86 each, total interest paid $64,617.95
  • Non-Owner Occupied (20-Year Mortgage): Interest rate 9.250%, Annual Percentage Rate (APR) 9.595%, 240 monthly payments of $915.87 each, total interest paid $120,191.83
  • Non-Owner Occupied (15-Year Mortgage): Interest rate 9.000%, Annual Percentage Rate (APR) 9.415%, 180 monthly payments of $1,014.27 each, total interest paid $82,942.37

Member FDIC
Equal Housing Lender

Home Equity Loan (HELP)

Rates accurate as of March 1, 2024
HELP Type Annual Percentage Rate (APR) Amortized Term Loan Fee
8.500% Fixed (80% Max LTV)
8.500% Fixed (80% Max LTV) 8.781% 10 Years $0 Contact a Loan Officer
8.625% Fixed (90% Max LTV)
8.625% Fixed (90% Max LTV) 8.908% 10 Years $0
8.750% Fixed (80% Max LTV)
8.750% Fixed (80% Max LTV) 8.957% 15 Years $0
8.875% Fixed (90% Max LTV)
8.875% Fixed (90% Max LTV) 9.084% 15 Years $0
9.000% Fixed (80% Max LTV)
9.000% Fixed (80% Max LTV) 9.151% 25 Years $0
9.125% Fixed (90% Max LTV)
9.125% Fixed (90% Max LTV) 9.278% 25 Years $0
Green Choice Retrofit: 8.000% (80% Max LTV)
Green Choice Retrofit: 8.000% (80% Max LTV) 8.273% 10 Years $0 Contact a Loan Officer
Green Choice Retrofit: 8.125% (90% Max LTV)
Green Choice Retrofit: 8.125% (90% Max LTV) 8.400% 10 Years $0

Product for owner-occupied purchases & refinances.

FIXED-RATE HELP PAYMENT CALCULATIONS
Calculations based on $100,000.00 loan. Payment calculations are principal and interest and do not include taxes or insurance which may increase your monthly payment.

  • 25-Year HELP Loan (90% LTV): Interest rate 9.125%, Annual Percentage Rate (APR) 9.278%, 300 monthly payments of $847.77 each, total interest paid $154,713.92.
  • 25-Year HELP Loan (80% LTV): Interest rate 9.000%, Annual Percentage Rate (APR) 9.151%, 300 monthly payments of $839.20 each, total interest paid $151,755.93.
  • 15-Year HELP Loan (90% LTV): Interest rate 8.875%, Annual Percentage Rate (APR) 9.084%, 180 monthly payments of $1,006.84 each, total interest paid $81,602.47.
  • 15-Year HELP Loan (80% LTV): Interest rate 8.750%, Annual Percentage Rate (APR) 8.957%, 180 monthly payments of $999.45 each, total interest paid $80,265.21.
  • 10-Year HELP Loan (90% LTV): Interest rate 8.625%, Annual Percentage Rate (APR) 8.908%, 120 monthly payments of $1,246.55 each, total interest paid $49,945.83.
  • 10-Year HELP Loan (80% LTV): Interest rate 8.500%, Annual Percentage Rate (APR) 8.781%, 120 monthly payments of $1,239.86 each, total interest paid $49,136.75.
  • 10-Year Green Choice Retrofit HELP Loan (90% LTV): Interest rate 8.125%, Annual Percentage Rate (APR) 8.400%, 120 monthly payments of $1,219.89 each, total interest paid $46,725.47.
  • 10-Year Green Choice Retrofit HELP Loan (80% LTV): Interest rate 8.000%, Annual Percentage Rate (APR) 8.273%, 120 monthly payments of $1,213.28 each, total interest paid $45,926.09.

Maximum Loan Amount is $250,000; however, the following stipulations apply:

  • If Olyfed is in 1st lien position, 90% maximum loan to value up to $150,000
  • If Olyfed is NOT in 1st lien position, 80% maximum loan to value up to $150,000
  • 75% maximum loan to value for loan amounts $150,001- $250,000.
  • 75% maximum loan to value if the purpose of this HELP is for debt consolidation

Member FDIC
Equal Housing Lender

Home Equity Line of Credit (HELOC)

Rates accurate as of March 1, 2024
HELOC Type Interest Rate Annual Percentage Rate (APR) Loan Fee
LTV - Up To & Including 80%
LTV - Up To & Including 80% 8.625% Variable 8.625% $0 Contact a Loan Officer
LTV - Up To & Including 80.01% - 90.0%
LTV - Up To & Including 80.01% - 90.0% 9.875% Variable 9.875% $0

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 8.500%, however, we have an Annual Percentage Rate minimum (floor) of 4.00%. The maximum Annual Percentage Rate (APR) is 18.000%.

*Maximum Loan Amount is $250,000; however, the following stipulations apply:

  • If Olyfed is in 1st lien position, 90% maximum loan to value up to $150,000
  • If Olyfed is NOT in 1st lien position, 80% maximum loan to value up to $150,000
  • 75% maximum loan to value for loan amounts $150,001 – $250,000.
  • 75% maximum loan to value if the purpose of the HELOC is for debt consolidation

FEES AND CHARGES. To open and maintain a line of credit, you must pay the following fees to us:
Maintenance: $50.00 (due annually). Note that some fees may only apply upon the occurrence of an event and have been provided for informational purposes only.

You must also pay certain fees to third parties, such as appraisers, credit reporting firms, and government agencies. These fees generally total $588.00 to $2,463.00.

The following are an estimate of third-party fees:

  • Appraisal: $0 – $1,100.00
  • Credit report: $25.00 – $50.00
  • Official: $215.00
  • Title insurance: $250.00 – $1,000.00
  • Flood Determination: $17.00
  • Tax Registration: $81.00

Olympia Federal Savings reserves the right to charge to customer a fee, as allowed by law, for any check tendered to Olympia Federal Savings that is not honored and returned to Olympia Federal Savings for any reason including, but not limited to, a stop payment order, insufficient funds or an over the limit draft. You must carry insurance on the property that secures the line of credit.

Member FDIC

Personal Loans

Rates accurate as of March 1, 2024
Personal Loan Type Annual Percentage Rate (APR) Terms Comments
Personal Line of Credit (PLOC)
Personal Line of Credit (PLOC) Rates range from 15.000% - 18.000% variable APR 5 year draw period followed by a 5 year repayment period Your individual financing and the interest rate to which you qualify will be determined by income and individual credit history
Personal Loan Type Annual Percentage Rate (APR) Terms Comments
Vehicle Loans
New, Used or Classic Vehicle Loan
New, Used or Classic Vehicle Loan Rates range from 7.537% - 10.556% 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 Loan
Green Choice Auto Loan 7.036% - 8.842% fixed APR
Personal Loan Type Annual Percentage Rate (APR) Terms Comments
Boat Loan
New or Used Boat Loan
New or Used Boat Loan Rates range from 9.056% - 10.094% 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
Personal Loan Type Annual Percentage Rate (APR) Terms Comments
RV Loan
New or Used RV Loan
New or Used RV Loan Rates range from 9.037% - 10.037% 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.

Member FDIC
Equal Housing Lender

Account Fees

Item Fee
Check printing (fee depends on the style of check ordered)
Check printing (fee depends on the style of check ordered) Fee Varies
OD charge†
OD charge† $25 per item paid
Maximum for OD charges†
Maximum for OD charges† $125 per day
Account research
Account research $25 per hour
Stop payment charge
Stop payment charge $15
Unauthorized ACH entry fee
Unauthorized ACH entry fee $4.50 each
Account closed within 90 days of opening
Account closed within 90 days of opening $15
Wire transfer fee (domestic)
Wire transfer fee (domestic) $15
Wire transfer fee (international)
Wire transfer fee (international) $30
Item Fee
Safe Deposit Boxes
2" x 5"
2" x 5" $19 per year
3" x 5"
3" x 5" $25 per year
5" x 5"
5" x 5" $30 per year
3" x 10"
3" x 10" $40 per year
5" x 10"
5" x 10" $55 per year
10" x 10"
10" x 10" $105 per year
11" x 16"
11" x 16" $185 per year
Replacement Key
Replacement Key $10
Drilling
Drilling Varies

On an available basis. Not FDIC Insured. Safe-deposit box rent will be discounted by $5.00 when you sign up for automatic payment from OlyFed savings or checking account.

†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 an overdraft (OD) charge if we pay the item. Non-sufficient funds (NSF) charges will not be imposed on ATM withdrawals, one-time debit card transactions, items that are returned NSF or bank fees.

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. bank fees.