Olympia Federal Savings and Loan Association

Olympia Federal Savings and Loan Association Locations

5th & Capitol Way
Olympia, WA 98501
360-754-3400
www.olyfed.com

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Olympia Federal Savings and Loan Association is headquartered in Olympia and is the 21^st largest bank in the state of Washington. It is also the 1,205^th largest bank in the nation. It was established in 1906 and as of March of 2013, it had grown to 93 employees at 7 locations. Olympia Federal Savings and Loan Association has a 5-star health rating.

Special 27-Month CD with Bump Feature at Olympia Federal Savings in Washington State - Local Only - 7/1/2010

Olympia Federal Savings continues to offer a nice 27-month CD special with a top rate of 2.22% APY. Minimum deposit is $50,000. Lower rates are available for smaller deposits: 2.07% APY for $25,000 an ...

Olympia Federal Savings Has 27-Month 2.32% APY CD With BUMP Feature - WA (Forum) - 6/9/2010

Olympia Federal Savings in Washington is running a special of a 27-month CD with a one-time rate bump feature and current rates of 2.32% APY (for $50,000 or more), 2.17% ($25,000+), or 2.07% ($5,000+). Rates: http://www.olyfed.com/ and click on "Cur

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Olympia Federal Savings and Loan Association Checking Account Rates

Apy	Min	Max	Product
0.25%	$50	-	Jump Start Checking
0.10%	$100	-	Choice Checking
0.10%	$100	-	Non-Personal Checking

Olympia Federal Savings and Loan Association Savings Account Rates

Apy	Min	Max	Product
0.25%	$100	-	Savings Account
0.25%	-	-	Super Saver Passbook

Olympia Federal Savings and Loan Association Money Market Rates

	Apy	Min	Max	Product
	0.25%	$100k	-	Money Market Account

Olympia Federal Savings and Loan Association CD Rates

Apy	Min	Max	Product
1.41%	$100	-	72-120 Month CD
1.41%	$50	-	New 48 Month Dream Builder CD
1.31%	$50	-	New 48 Month Dream Saver CD
1.26%	$100	-	60 Month CD
1.11%	$100	-	48 Month CD
1.06%	$100	-	48 Month Add-On CD Special
0.75%	$100	-	36 Month CD
0.70%	$100	-	30 Month CD
0.50%	$100	$100k	24 Month Add On CD
0.35%	$100	-	18-29 Month CD
0.35%	$100	-	18 Month Bump Rate CD
0.30%	$100	-	12-17 Month CD
0.30%	$100	$100k	15 Month Add On CD
0.20%	$2,500	-	6 Month CD
0.15%	$2,500	-	91 Day CD

Olympia Federal Savings and Loan Association IRA Rates

Apy	Min	Max	Product
1.43%	$50	-	72-120 Month IRA
1.43%	$50	-	72-120 Month Roth IRA
1.43%	$50	-	72-120 Month CESA
1.43%	$50	-	72-120 Month SEP IRA
1.07%	$50	-	42-71 Month IRA
1.07%	$50	-	42-71 Month Roth IRA
1.07%	$50	-	42-71 Month CESA
1.07%	$50	-	42-71 Month SEP IRA
0.71%	$50	-	30-41 Month IRA
0.71%	$50	-	30-41 Month Roth IRA
0.71%	$50	-	30-41 Month CESA
0.71%	$50	-	30-41 Month SEP IRA
0.35%	$50	-	18-29 Month IRA
0.35%	$50	-	18 Month Add On IRA
0.35%	$50	-	18 Month Add On Roth IRA
0.35%	$50	-	18-29 Month Roth IRA
0.35%	$50	-	18 Month Add On CESA
0.35%	$50	-	18 Month Add On SEP IRA
0.35%	$50	-	18-29 Month CESA
0.35%	$50	-	18-29 Month SEP IRA
0.30%	$50	-	12 Month Add On IRA
0.30%	$50	-	12 Month Add-On Roth IRA
0.30%	$50	-	12 Month Add-On CESA
0.30%	$50	-	12 Month Add-On SEP IRA

Rates updated: 6/19/2013

Data for Q1 2013

Institution Statistics

Olympia Federal Savings and Loan Association
OTS #	01925
FDIC Certificate #	28599
BankRate Report	View
Year Established	1906
Employees	93
Primary Regulator	OCC
Assets and Liabilities
Assets	$554.87 million
Loans	$339.25 million
Deposits	$469.66 million
Equity Capital	$82.48 million
Loan Loss Allowance	$1.10 million
Unbacked Noncurrent Loans	$3.83 million
Real Estate Owned	$1.66 million
Historic Data - March 2012
Assets	$557.91 million
Equity Capital	$78.70 million
Loan Loss Allowance	$1.56 million
Unbacked Noncurrent Loans	$5.12 million
Real Estate Owned	$2.49 million
Profit Margin - Quarterly
Net Interest Margin	3.24%
Return on Assets	0.73%
Return on Equity	4.91%
Interest Income	$5.12 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2013 Olympia Federal Savings and Loan Association had $5.49 million in non-current loans and owned real-estate with $83.58 million in equity and loan loss allowances on hand to cover it. This gives Olympia Federal Savings and Loan Association a Texas Ratio of 6.57% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Olympia Federal Savings and Loan Association decreased slightly from 9.48% as of March 31, 2012 to 6.57% as of March 31, 2013, resulting in a positive change of 30.71%.This indicates that the balance sheet and financial strength for Olympia Federal Savings and Loan Association has improved slightly in recent periods.
Deposit Growth
In the past year, Olympia Federal Savings and Loan Association has decreased its total deposits by -$6.67 million, resulting in -1.4% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Olympia Federal Savings and Loan Association has shown is below average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Olympia Federal Savings and Loan Association has $554.87 million in assets with $83.58 million in equity, resulting in a capitalization level of 15.06%, which is excellent.