Olympia Federal Savings and Loan Association is a si headquartered in Olympia, Washington, in business for about 120 years. At the end of Q2 2026 it reported $1.0B in total assets and $709.7M in deposits, with 9 offices.
Olympia Federal Savings and Loan Association has a TellerScore of 68 out of 100 (moderate) based on Q2 2026 data — higher than only 49% of its 897 banks with $1 billion – $10 billion. Among 29 banks headquartered in Washington, it ranks 14th. Problem-loan coverage contributes the most (96/100, 1.8%); earnings contributes the least (34/100, 0.36%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
The score has been essentially flat from Q2 2025 to Q2 2026 (67 → 68).
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 66 |
| Q3 2024 | 66 |
| Q4 2024 | 65 |
| Q1 2025 | 68 |
| Q2 2025 | 67 |
| Q3 2025 | 67 |
| Q4 2025 | 67 |
| Q1 2026 | 66 |
| Q2 2026 | 68 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 12.16% |
| Q3 2024 | 12.10% |
| Q4 2024 | 11.92% |
| Q1 2025 | 11.98% |
| Q2 2025 | 12.03% |
| Q3 2025 | 12.03% |
| Q4 2025 | 11.97% |
| Q1 2026 | 12.03% |
| Q2 2026 | 12.15% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.29% |
| Q3 2024 | 0.30% |
| Q4 2024 | 0.30% |
| Q1 2025 | 0.31% |
| Q2 2025 | 0.32% |
| Q3 2025 | 0.26% |
| Q4 2025 | 0.31% |
| Q1 2026 | 0.37% |
| Q2 2026 | 0.26% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.12% |
| Q3 2024 | 0.10% |
| Q4 2024 | 0.12% |
| Q1 2025 | 0.42% |
| Q2 2025 | 0.30% |
| Q3 2025 | 0.27% |
| Q4 2025 | 0.25% |
| Q1 2026 | 0.34% |
| Q2 2026 | 0.36% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 68 | $1.0B | 12.15% | 0.26% | 0.36% | 120.9% |
| Q1 2026 | 66 | $1.0B | 12.03% | 0.37% | 0.34% | 116.4% |
| Q4 2025 | 67 | $1.0B | 11.97% | 0.31% | 0.25% | 117.6% |
| Q3 2025 | 67 | $1.0B | 12.03% | 0.26% | 0.27% | 119.6% |
| Q2 2025 | 67 | $1.0B | 12.03% | 0.32% | 0.30% | 118.1% |
| Q1 2025 | 68 | $982.4M | 11.98% | 0.31% | 0.42% | 120.2% |
| Q4 2024 | 65 | $992.7M | 11.92% | 0.30% | 0.12% | 121.4% |
| Q3 2024 | 66 | $979.3M | 12.10% | 0.30% | 0.10% | 121.2% |
| Q2 2024 | 66 | $983.8M | 12.16% | 0.29% | 0.12% | 125.0% |
897 peers · $1 billion – $10 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Washington
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Sound Community BankBank Seattle, WA | 64 out of 100, Moderate | $1.1B | 10.9% | 0.90% | vs |
| Riverview BankBank Vancouver, WA | 54 out of 100, Below average | $1.5B | 11.0% | 0.80% | vs |
| Yakima Federal Savings and Loan AssociationBank Yakima, WA | 86 out of 100, Very strong | $2.0B | 28.1% | 0.28% | vs |
| Timberland BankBank Hoquiam, WA | 78 out of 100, Strong | $2.1B | 12.9% | 0.56% | vs |
| First Fed BankBank Port Angeles, WA | 49 out of 100, Below average | $2.1B | 9.6% | 1.28% | vs |
| Cashmere Valley BankBank Cashmere, WA | 79 out of 100, Strong | $2.3B | 12.5% | 0.35% | vs |
Deposit insurance
Is my money safe at Olympia Federal Savings and Loan Association?
Yes. Olympia Federal Savings and Loan Association is an FDIC-insured institution (FDIC certificate #28599). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 20.0% of deposits ($142.0M) are above the $250,000 FDIC insurance limit, below the peer median of 31%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 12.15%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).
9 locations
Branches
Olympia Federal Savings and Loan Association lists 9 offices in 6 cities. Most locations:
- Olympia, WA (3)
- Lacey, WA (2)
- Belfair, WA (1)
- Chehalis, WA (1)
- Tumwater, WA (1)
- Yelm, WA (1)
Identity & history
Profile
- Legal name
- Olympia Federal Savings and Loan Association
- Type
- SI
- FDIC certificate #
- 28599
- RSSD ID
- 550279
- Primary regulator
- FDIC
- Established
- January 1, 1906
- Headquarters
- 421 Capitol Way S, Olympia, WA 98501
- Website
- www.olyfed.com
- Employees
- 122
Quick answers
Olympia Federal Savings and Loan Association: common questions
Is Olympia Federal Savings and Loan Association FDIC insured?
Yes. Olympia Federal Savings and Loan Association is an FDIC-insured institution (FDIC certificate #28599). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Olympia Federal Savings and Loan Association's TellerScore?
68 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Olympia Federal Savings and Loan Association ever failed?
There is no failure record for FDIC certificate #28599 in the FDIC failed bank list.
How many branches does Olympia Federal Savings and Loan Association have?
9 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Olympia
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Wcla Credit UnionCredit union Olympia, WA | 86 out of 100, Very strong | $141.9M | 17.5% | 0.29% | vs |
| Armed Forces Bank, National AssociationBank Fort Leavenworth, KS | 83 out of 100, Strong | $1.4B | 13.9% | 1.21% | vs |
| Our Community Credit UnionCredit union Shelton, WA | 82 out of 100, Strong | $638.3M | 12.7% | 0.48% | vs |
| Sound Banking CompanyBank Lakewood, WA | 82 out of 100, Strong | $45.2M | 12.1% | 0.00% | vs |
| Timberland BankBank Hoquiam, WA | 78 out of 100, Strong | $2.1B | 12.9% | 0.56% | vs |
| Tapco Credit UnionCredit union Fircrest, WA | 78 out of 100, Strong | $735.7M | 10.2% | 0.34% | vs |