Certificates of Deposit (CD)
Rates accurate as of November 22, 2024
| Consumer Account Type | Minimum to Open | Minimum to Earn APY | Annual Percentage Yield (APY) | Compounding Method | Interest Rate | |
|---|---|---|---|---|---|---|
| 120 Mo. CD Open/Close | ||||||
| 120 Mo. CD | $100 | $100 | 1.00% | Monthly | 1.00% | Open Online |
| 72 Mo. CD Open/Close | ||||||
| 72 Mo. CD | $100 | $100 | 1.00% | Monthly | 1.00% | Open Online |
| 60 Mo. CD Open/Close | ||||||
| 60 Mo. CD | $100 | $100 | 1.51% | Monthly | 1.50% | Open Online |
| 48 Mo. CD Open/Close | ||||||
| 48 Mo. CD | $100 | $100 | 2.27% | Monthly | 2.25% | Open Online |
| 36 Mo. CD Open/Close | ||||||
| 36 Mo. CD | $100 | $100 | 2.73% | Monthly | 2.70% | Open Online |
| 30 Mo. CD Open/Close | ||||||
| 30 Mo. CD | $100 | $100 | 2.27% | Monthly | 2.25% | Open Online |
| 24 Mo. CD Open/Close | ||||||
| 24 Mo. CD | $100 | $100 | 2.79% | Monthly | 2.75% | Open Online |
| 18 Mo. CD Open/Close | ||||||
| 18 Mo. CD | $100 | $100 | 3.04% | Monthly | 3.00% | Open Online |
| 12 Mo. CD Open/Close | ||||||
| 12 Mo. CD | $100 | $100 | 3.82% | Monthly | 3.75% | Open Online |
| 8 Mo. Outreach CD | For Nonprofit & Community Organizations** Open/Close | ||||||
| 8 Mo. Outreach CD | For Nonprofit & Community Organizations** | $2,500 | $2,500 | 4.07% | Monthly | 4.00% | Contact OlyFed |
| 6 Mo. CD Open/Close | ||||||
| 6 Mo. CD | $2,500 | $2,500 | 3.04% | Monthly | 3.00% | Open Online |
| 91 Day CD Open/Close | ||||||
| 91 Day CD | $2,500 | $2,500 | 2.02% | 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†† Open/Close | ||||||
| 48 Mo. Add-On CD†† | $100 | $100 | 1.21% | Monthly | 1.20% | Open Online |
| 24 Mo. Add-On CD†† Open/Close | ||||||
| 24 Mo. Add-On CD†† | $100 | $100 | 1.21% | Monthly | 1.20% | Open Online |
| 15 Mo. Add-On CD†† Open/Close | ||||||
| 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* Open/Close | ||||||
| 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* Open/Close | ||||||
| 60 Mo. Bump Rate CD* | $100 | $100 | 1.41% | Monthly | 1.40% | Open Online |
| 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*** Open/Close | ||||||
| Companion Savings*** | $100 | $0 | 2.83% | Daily | 2.75% | 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. Annual Percentage Yield (APY) assumes interest earned remains on deposit until maturity. Fees may reduce earnings. Early withdrawal penalty may apply. *Variable rate for term. The interest rate on your Bump Rate CD account may change once during the term. ††Add-on and bump rate CDs are only available for consumer customers and not businesses/organizations. Terms and conditions apply. **OUTREACH CD DISCLOSURE: The Outreach Certificate of Deposit (CD) has a fixed rate for an 8-month term and is only available to community organizations and nonprofits. The Annual Percentage Yield (APY) is accurate as of January 19, 2024, and is subject to change without notice. The APY assumes interest earned remains on deposit until maturity. The minimum balance to open an account is $2,500 and the minimum balance to obtain stated APY is $2,500. An open and active Outreach Checking account is required to open an Outreach CD. You may withdrawal all funds including interest earned, without penalty, any time on or after the seventh day following the date on which the account was funded. Withdrawals during the first six days after the account is opened are subject to a seven day interest penalty. No partial withdrawals are allowed. Terms and conditions apply. See Truth in Savings and Terms & Conditions brochures for details. Member FDIC. ***COMPANION SAVINGS DISCLOSURES: Variable rate account. Interest rate of 2.75% and 2.83% Annual Percentage Yield (APY) is effective as of September 27, 2024, 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. |
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See Truth in Savings and Terms & Conditions brochures for details.
Member FDIC
IRAs
Rates accurate as of November 22, 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 Open/Close | ||||||
| 120 Mo. IRA | $50 | $50 | 1.02% | Daily | 1.00% | Open Online |
| 72 Mo. IRA Open/Close | ||||||
| 72 Mo. IRA | $50 | $50 | 1.02% | Daily | 1.00% | Open Online |
| 60 Mo. IRA Open/Close | ||||||
| 60 Mo. IRA | $50 | $50 | 1.38% | Daily | 1.35% | Open Online |
| 48 Mo. IRA Open/Close | ||||||
| 48 Mo. IRA | $50 | $50 | 2.15% | Daily | 2.10% | Open Online |
| 36 Mo. IRA Open/Close | ||||||
| 36 Mo. IRA | $50 | $50 | 2.15% | Daily | 2.10% | Open Online |
| 24 Mo. IRA Open/Close | ||||||
| 24 Mo. IRA | $50 | $50 | 2.41% | Daily | 2.35% | Open Online |
| 18 Mo. IRA Open/Close | ||||||
| 18 Mo. IRA | $50 | $50 | 2.93% | Daily | 2.85% | Open Online |
| 12 Mo. IRA Open/Close | ||||||
| 12 Mo. IRA | $50 | $50 | 3.72% | Daily | 3.60% | 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 November 22, 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* Open/Close | ||||||
| Journey* | $100 | Requirements Below | 5.20% | Daily | 5.00% | Open Online |
|
JOURNEY CHECKING DISCLOSURE • 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. |
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| Consumer Account Type | Minimum to Open | Minimum to Earn APY | Annual Percentage Yield (APY) | Compounding Method | Interest Rate | |
| Savings Accounts | ||||||
| Statement Savings* Open/Close | ||||||
| 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 Open/Close | ||||||
| Companion Savings | $100 | $0 | 2.83% | Daily | 2.75% | Open Online |
|
Variable rate account. Interest rate of 2.75% and 2.83% Annual Percentage Yield (APY) is effective as of September 27, 2024, 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. |
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| Consumer Account Type | Minimum to Open | Minimum to Earn APY | Annual Percentage Yield (APY) | Compounding Method | Interest Rate | |
| Health Savings Account (HSA) | ||||||
| HSA Open/Close | ||||||
| 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 Open/Close | ||||||
| Tier 1 | $2,500 | $50 - $2,499.99 | 0.05% | Daily | 0.05% | Open Online |
| Tier 2 Open/Close | ||||||
| Tier 2 | $2,500 | $2,500 - $9,999.99 | 0.10% | Daily | 0.10% | |
| Tier 3 Open/Close | ||||||
| Tier 3 | $2,500 | $10,000 - $49,999.99 | 0.20% | Daily | 0.20% | |
| Tier 4 Open/Close | ||||||
| Tier 4 | $2,500 | $50,000 - $99,999.99 | 0.20% | Daily | 0.20% | |
| Tier 5 Open/Close | ||||||
| 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 Open/Close | ||||||
| Tier 1 | $50,000 | $50-$49,999.99 | 0.05% | Daily | 0.05% | Open Online |
| Tier 2 Open/Close | ||||||
| Tier 2 | $50,000 | $50,000-$99,999.99 | 0.20% | Daily | 0.20% | |
| Tier 3 Open/Close | ||||||
| Tier 3 | $50,000 | $100,000-$149,999.99 | 0.51% | Daily | 0.50% | |
| Tier 4 Open/Close | ||||||
| Tier 4 | $50,000 | $150,000-$199,999.99 | 1.01% | Daily | 1.00% | |
| Tier 5 Open/Close | ||||||
| Tier 5 | $50,000 | $200,000-$249,999.99 | 1.28% | Daily | 1.25% | |
| Tier 6 Open/Close | ||||||
| Tier 6 | $50,000 | $250,000-$499,999.99 | 1.53% | Daily | 1.50% | |
| Tier 7 Open/Close | ||||||
| Tier 7 | $50,000 | $500,000-$999,999.99 | 2.31% | Daily | 2.25% | |
| Tier 8 Open/Close | ||||||
| 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 November 22, 2024
| Minimum to Open | Minimum to Open | Minimum to Earn APY | Annual Percentage Yield (APY) | Compounding Method | Interest Rate | |
|---|---|---|---|---|---|---|
| Super Saver Open/Close | ||||||
| Super Saver | $1 | $0 | 0.15% | Daily | 0.15% | Contact OlyFed |
| Jump Start Checking† Open/Close | ||||||
| Jump Start Checking† | $50 | $0 | 0.15% | Daily | 0.15% | Contact OlyFed |
| 48 Mo. Dream Builder CD Open/Close | ||||||
| 48 Mo. Dream Builder CD | $50 | $50 | 2.32% | Monthly | 2.30% | Contact OlyFed |
| 48 Mo. Dream Saver CD Open/Close | ||||||
| 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. |
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See Truth in Savings and Terms & Conditions brochures for details.
Member FDIC
Business Checking & Savings
Rates accurate as of November 22, 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* Open/Close | ||||||
| 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 Open/Close | ||||||
| Tier 1 | $1,000 | $0 - $2,499.99 | 0.00% | Daily | 0.00% | Contact OlyFed |
| Tier 2 Open/Close | ||||||
| Tier 2 | $1,000 | $2,500 - $24,999.99 | 0.05% | Daily | 0.05% | |
| Tier 3 Open/Close | ||||||
| Tier 3 | $1,000 | $25,000 - $74,999.99 | 0.10% | Daily | 0.10% | |
| Tier 4 Open/Close | ||||||
| Tier 4 | $1,000 | $75,000 - $149,999.99 | 0.12% | Daily | 0.12% | |
| Tier 5 Open/Close | ||||||
| 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. |
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| 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 Open/Close | ||||||
| Tier 1 | $2,500 | $50 - $2,499.99 | 0.05% | Daily | 0.05% | Contact OlyFed |
| Tier 2 Open/Close | ||||||
| Tier 2 | $2,500 | $2,500 - $9,999.99 | 0.10% | Daily | 0.10% | |
| Tier 3 Open/Close | ||||||
| Tier 3 | $2,500 | $10,000 - $49,999.99 | 0.20% | Daily | 0.20% | |
| Tier 4 Open/Close | ||||||
| Tier 4 | $2,500 | $50,000 - $99,999.99 | 0.20% | Daily | 0.20% | |
| Tier 5 Open/Close | ||||||
| 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 Open/Close | ||||||
| Tier 1 | $50,000 | $50 - $9,999.99 | 0.10% | Daily | 0.10% | Contact OlyFed |
| Tier 2 Open/Close | ||||||
| Tier 2 | $50,000 | $10,000 - $49,999.99 | 0.10% | Daily | 0.10% | |
| Tier 3 Open/Close | ||||||
| Tier 3 | $50,000 | $50,000 - $99,999.99 | 0.15% | Daily | 0.15% | |
| Tier 4 Open/Close | ||||||
| Tier 4 | $50,000 | $100,000 - $299,999.99 | 0.51% | Daily | 0.50% | |
| Tier 5 Open/Close | ||||||
| Tier 5 | $50,000 | $300,000-$499,999.99 | 1.79% | Daily | 1.75% | |
| Tier 6 Open/Close | ||||||
| Tier 6 | $50,000 | $500,000-$999,999.99 | 2.31% | Daily | 2.25% | |
| Tier 7 Open/Close | ||||||
| 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. |
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| Business Account Type | Minimum to Open | Minimum to Earn APY | Annual Percentage Yield (APY) | Compounding Method | Interest Rate | |
| Savings Account | ||||||
| Statement Savings Open/Close | ||||||
| Statement Savings | $100 | $50 | 0.05% | Daily | 0.05% | Contact OlyFed |
| Companion Savings* Open/Close | ||||||
| Companion Savings* | $100 | $0 | 2.83% | Daily | 2.75% | Contact OlyFed |
|
$3 quarterly service charge will be imposed if the average daily balance falls below $100. *COMPANION SAVINGS: Variable rate account. Interest rate of 2.75% and 2.83% Annual Percentage Yield (APY) is effective as of September 27, 2024, 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
Home Loans
Rates accurate as of November 22, 2024
| Mortgage Type | Interest Rate | Annual Percentage Rate (APR) | Loan Fee | |
|---|---|---|---|---|
| 30-Year Fixed Open/Close | ||||
| 30-Year Fixed | 6.875% | 7.042% | 1% | Contact a Loan Officer |
| 20-Year Fixed Open/Close | ||||
| 20-Year Fixed | 6.250% | 6.459% | 1% | Contact a Loan Officer |
| 15-Year Fixed Open/Close | ||||
| 15-Year Fixed | 6.000% | 6.259% | 1% | Contact a Loan Officer |
| 10-Year Fixed Open/Close | ||||
| 10-Year Fixed | 5.875% | 6.240% | 1% | Contact a Loan Officer |
| 1st Time Homebuyer (30-Year Fixed) Open/Close | ||||
| 1st Time Homebuyer (30-Year Fixed) | 6.625% | 6.739% | .50% | Contact a Loan Officer |
| 1st Time Homebuyer (20-Year Fixed) Open/Close | ||||
| 1st Time Homebuyer (20-Year Fixed) | 6.000% | 6.143% | .50% | Contact a Loan Officer |
| Affordable Home Loan Program (30-Year Fixed) Open/Close | ||||
| Affordable Home Loan Program (30-Year Fixed) | 4.000% | 4.054% | $800 | Contact a Loan Officer |
| Non-Owner Occupied (30-Year Fixed) Open/Close | ||||
| Non-Owner Occupied (30-Year Fixed) | 7.750% | 7.984% | 1.5% | Contact a Loan Officer |
| Non-Owner Occupied (15-Year Fixed) Open/Close | ||||
| Non-Owner Occupied (15-Year Fixed) | 7.500% | 7.865% | 1.5% | Contact a Loan Officer |
| Green Choice Energy Efficient Mortgage* Open/Close | ||||
| 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) Open/Close | ||||
| $825,000.00 and above (80% max LTV) | 6.875% | 7.024% | 1% | Contact a Loan Officer |
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 6.250%, Annual Percentage Rate (APR) 6.459%, 240 monthly payments at $2,192.78 each, total interest paid $227,050.52.
- 15-Year Mortgage: Interest rate 6.000%, Annual Percentage Rate (APR) 6.259%, 180 monthly payments of $2,531.57 each, total interest paid $156,432.79.
- 10-Year Mortgage: Interest rate 5.875%, Annual Percentage Rate (APR) 6.240%, 120 monthly payments of $3,311.81 each, total interest paid $98,152.33.
- 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 6.000%, Annual Percentage Rate (APR) 6.143%, 240 monthly payments of $2,149.29 each, total interest paid $216,581.10.
- Non-Owner Occupied (30-Year Mortgage): Interest rate 7.750%, Annual Percentage Rate (APR) 7.984%, 360 monthly payments of $2,149.24 each, total interest paid $474,690.12.
- 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 $412,000.00 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 4.000%, Annual Percentage Rate (APR) 4.054%, 360 monthly payments of $1,966.95 each, total interest paid $296,789.47.
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 November 22, 2024
| Type of Mortgage | Interest Rate | Annual Percentage Rate (APR) | Loan Fee | |
|---|---|---|---|---|
| 30-Year Fixed (Owner Occupied) Open/Close | ||||
| 30-Year Fixed (Owner Occupied) | 7.125% | 7.306% | 1% | Contact a Loan Officer |
| 20-Year Fixed (Owner Occupied) Open/Close | ||||
| 20-Year Fixed (Owner Occupied) | 6.625% | 6.850% | 1% | Contact a Loan Officer |
| 15-Year Fixed (Owner Occupied) Open/Close | ||||
| 15-Year Fixed (Owner Occupied) | 6.375% | 6.648% | 1% | Contact a Loan Officer |
| 30-Year Fixed (First-Time Homebuyer) Open/Close | ||||
| 30-Year Fixed (First-Time Homebuyer) | 6.875% | 7.002% | .50% | Contact a Loan Officer |
| 20-Year Fixed (First-Time Homebuyer) Open/Close | ||||
| 20-Year Fixed (First-Time Homebuyer) | 6.375% | 6.533% | .50% | Contact a Loan Officer |
| 30-Year Fixed (Affordable Construction Program) Open/Close | ||||
| 30-Year Fixed (Affordable Construction Program) | 4.000% | 4.078% | $800 | Contact a Loan Officer |
| 30-Year Fixed (Non-Owner Occupied) Open/Close | ||||
| 30-Year Fixed (Non-Owner Occupied) | 7.750% | 8.047% | 2% | Contact a Loan Officer |
| 15-Year Fixed (Non-Owner Occupied) Open/Close | ||||
| 15-Year Fixed (Non-Owner Occupied) | 7.500% | 7.952% | 2% | Contact a Loan Officer |
| Green Choice Lending Program* Open/Close | ||||
| Green Choice Lending Program* | 0.50% Off Loan Fee | Contact a Loan Officer | ||
| Open/Close | ||||
| Type of Mortgage | Interest Rate | Annual Percentage Rate (APR) | Loan Fee | |
| Jumbo Construction (30 Year) | ||||
| $825,000.00 and above (80% max LTV) Open/Close | ||||
| $825,000.00 and above (80% max LTV) | 7.375% | 7.519% | 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 7.125%, Annual Percentage Rate (APR) 7.306%, 360 monthly payments of $3,031.73 each, total interest paid $657,458.07.
- 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 6.375%, Annual Percentage Rate (APR) 6.648%, 180 monthly payments of $3,889.13 each, total interest paid $264,386.18.
- 1st-Time Homebuyer (30-Year Mortgage): Interest rate 6.875%, Annual Percentage Rate (APR) 7.002%, 360 monthly payments of $2,956.18 each, total interest paid $629,693.57.
- 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 7.750%, Annual Percentage Rate (APR) 8.047%, 360 monthly payments of $3,223.86 each, total interest paid $728,020.09.
- 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 7.375%, Annual Percentage Rate (APR) 7.519%, 360 monthly payments of $5,698.07 each, total interest paid $1,256,727.28.
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 $412,000.00 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 4.000%, Annual Percentage Rate (APR) 4.078%, 360 monthly payments of $1,966.95 each, total interest paid $304,342.77.
*Green Choice Lending Program: 0.50% off loan fee for loans $824,999 and below.
Member FDIC
Equal Housing Lender
Developed Lot Loans
Rates accurate as of November 22, 2024
| Type of Loan | Interest Rate | Annual Percentage Rate (APR) | Loan Fee | |
|---|---|---|---|---|
| Developed Lot Open/Close | ||||
| Developed Lot | 8.625% | 9.430% | 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 8.625%, Annual Percentage Rate (APR) 9.430%, 59 monthly payments of $813.67 each, 1 balloon payment of $93,724.41 total interest paid $42,090.34.
Member FDIC
Equal Housing Lender
Manufactured Home Loans
Rates accurate as of November 22, 2024
| Type of Loan | Interest Rate | Annual Percentage Rate (APR) | Loan Fee | |
|---|---|---|---|---|
| 30-Year Fixed (Owner Occupied) - New Construction Only Open/Close | ||||
| 30-Year Fixed (Owner Occupied) - New Construction Only | 7.750% | 7.997% | 1% | Contact a Loan Officer |
| 20-Year Fixed (Owner Occupied) Open/Close | ||||
| 20-Year Fixed (Owner Occupied) | 7.500% | 7.812% | 1% | Contact a Loan Officer |
| 15-Year Fixed (Owner Occupied) Open/Close | ||||
| 15-Year Fixed (Owner Occupied) | 7.250% | 7.631% | 1% | Contact a Loan Officer |
| 20-Year Fixed (Non-Owner Occupied) Open/Close | ||||
| 20-Year Fixed (Non-Owner Occupied) | 9.250% | 9.595% | 1% | Contact a Loan Officer |
| 15-Year Fixed (Non-Owner Occupied) Open/Close | ||||
| 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 November 22, 2024
| HELP Type | Annual Percentage Rate (APR) | Amortized Term | Loan Fee | |
|---|---|---|---|---|
| 8.250% Fixed (90% Max LTV) Open/Close | ||||
| 8.250% Fixed (90% Max LTV) | 8.527% | 10 Years | $0 | Contact a Loan Officer |
| 7.750% Fixed (80% Max LTV) Open/Close | ||||
| 7.750% Fixed (80% Max LTV) | 8.020% | 10 Years | $0 | |
| 8.500% Fixed (90% Max LTV) Open/Close | ||||
| 8.500% Fixed (90% Max LTV) | 8.704% | 15 Years | $0 | |
| 8.000% Fixed (80% Max LTV) Open/Close | ||||
| 8.000% Fixed (80% Max LTV) | 8.197% | 15 Years | $0 | |
| 8.750% Fixed (90% Max LTV) Open/Close | ||||
| 8.750% Fixed (90% Max LTV) | 8.898% | 25 Years | $0 | |
| 8.250% Fixed (80% Max LTV) Open/Close | ||||
| 8.250% Fixed (80% Max LTV) | 8.392% | 25 Years | $0 | |
| Green Choice Retrofit: 7.750% (90% Max LTV) Open/Close | ||||
| Green Choice Retrofit: 7.750% (90% Max LTV) | 8.527% | 10 Years | $0 | Contact a Loan Officer |
| Green Choice Retrofit: 7.250% (80% Max LTV) Open/Close | ||||
| Green Choice Retrofit: 7.250% (80% Max LTV) | 7.512% | 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 8.750%, Annual Percentage Rate (APR) 8.898%, 300 monthly payments of $822.14 each, total interest paid $147,010.37.
- 25-Year HELP Loan (80% LTV): Interest rate 8.250%, Annual Percentage Rate (APR) 8.392%, 300 monthly payments of $788.45 each, total interest paid $136,878.41.
- 15-Year HELP Loan (90% LTV): Interest rate 8.500%, Annual Percentage Rate (APR) 8.704%, 180 monthly payments of $984.74 each, total interest paid $77,607.20.
- 15-Year HELP Loan (80% LTV): Interest rate 8.000%, Annual Percentage Rate (APR) 8.197%, 180 monthly payments of $955.65 each, total interest paid $72,351.01.
- 10-Year HELP Loan (90% LTV): Interest rate 8.250%, Annual Percentage Rate (APR) 8.527%, 120 monthly payments of $1,226.53 each, total interest paid $47,526.71.
- 10-Year HELP Loan (80% LTV): Interest rate 7.750%, Annual Percentage Rate (APR) 8.020%, 120 monthly payments of $1,200.11 each, total interest paid $44,335.51.
- 10-Year Green Choice Retrofit HELP Loan (90% LTV): Interest rate 7.750%, Annual Percentage Rate (APR) 8.020%, 120 monthly payments of $1,200.11 each, total interest paid $44,335.51.
- 10-Year Green Choice Retrofit HELP Loan (80% LTV): Interest rate 7.250%, Annual Percentage Rate (APR) 7.512%, 120 monthly payments of $1,174.01 each, total interest paid $41,183.36.
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 November 22, 2024
| HELOC Type | Interest Rate | Annual Percentage Rate (APR) | Loan Fee | |
|---|---|---|---|---|
| LTV - Up To & Including 80% Open/Close | ||||
| LTV - Up To & Including 80% | 7.875% Variable | 7.875% | $0 | Contact a Loan Officer |
| LTV - Up To & Including 80.01% - 90.0% Open/Close | ||||
| LTV - Up To & Including 80.01% - 90.0% | 9.125% Variable | 9.125% | $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 7.750%, 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 November 22, 2024
| Personal Loan Type | Annual Percentage Rate (APR) | Terms | Comments | |
|---|---|---|---|---|
| Personal Line of Credit (PLOC) Open/Close | ||||
| 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 Open/Close | ||||
| 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 Open/Close | ||||
| 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 Open/Close | ||||
| 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 Open/Close | ||||
| 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 | Current Fee Schedule (Effective thru Jan. 31, 2025) | New Fee Schedule (Effective February 1, 2025) | |
|---|---|---|---|
| Check printing (fee depends on the style of check ordered) Open/Close | |||
| Check printing (fee depends on the style of check ordered) | Fee Varies | Fee Varies | |
| OD charge† Open/Close | |||
| OD charge† | $25 per item paid | $25 per item paid | |
| Maximum for OD charges† Open/Close | |||
| Maximum for OD charges† | $125 per day | $125 per day | |
| Canadian check processing Open/Close | |||
| Canadian check processing | $0 | $5 | |
| Account research Open/Close | |||
| Account research | $25 per hour | $25 per hour | |
| Statement copies‡ Open/Close | |||
| Statement copies‡ | $0 | $3 per statement | |
| Check copies (2 free per month) Open/Close | |||
| Check copies (2 free per month) | $0 | $2 per check over limit | |
| Legal process* (Levies/Liens/Garnishments) Open/Close | |||
| Legal process* (Levies/Liens/Garnishments) | $0 | $100 per occurence | |
| Cashier's check** Open/Close | |||
| Cashier's check** | $0 | $5 per check | |
| Counter check Open/Close | |||
| Counter check | $0 | $1/up to 4 checks | |
| Debit card replacement*** Open/Close | |||
| Debit card replacement*** | $0 | $5 | |
| Stop payment charge Open/Close | |||
| Stop payment charge | $15 | $25 | |
| Unauthorized ACH entry fee Open/Close | |||
| Unauthorized ACH entry fee | $4.50 each | $4.50 each | |
| Account closed within 90 days of opening Open/Close | |||
| Account closed within 90 days of opening | $15 | $20 | |
| Wire transfer fee (domestic) Open/Close | |||
| Wire transfer fee (domestic) | $15 | $25 | |
| Wire transfer fee (international) Open/Close | |||
| Wire transfer fee (international) | $30 | $40 | |
| Item | Current Fee Schedule (Effective thru Jan. 31, 2025) | New Fee Schedule (Effective February 1, 2025) | |
| Safe Deposit Boxes | |||
| 2" x 5" Open/Close | |||
| 2" x 5" | $19 per year | $19 per year | |
| 3" x 5" Open/Close | |||
| 3" x 5" | $25 per year | $25 per year | |
| 5" x 5" Open/Close | |||
| 5" x 5" | $30 per year | $30 per year | |
| 3" x 10" Open/Close | |||
| 3" x 10" | $40 per year | $40 per year | |
| 5" x 10" Open/Close | |||
| 5" x 10" | $55 per year | $55 per year | |
| 10" x 10" Open/Close | |||
| 10" x 10" | $105 per year | $105 per year | |
| 11" x 16" Open/Close | |||
| 11" x 16" | $185 per year | $185 per year | |
| Replacement Key Open/Close | |||
| Replacement Key | $10 | $15 | |
| Drilling Open/Close | |||
| Drilling | Varies | 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. |
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†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.
‡The fee is assessed for statement reprints.
*If the account balance is less than the fee amount, we will charge a portion of the fee. The fee will not be greater than the account balance.
**Waived for customers with direct deposit.
***One free replacement card per year. Cards replaced due to fraud or compromise are also free of charge.
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.
