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Washington Savings Rate Trends

Olympia, Washington (WA) Savings Rates - March 2026

The best savings rates for Olympia, Washington and the surrounding area include 1st Security Bank of Washington1st Security Bank of Washington2610 Harrison Avenue Northwest At Kenyon, Olympia, WA 98502A+5.0 ★Texas Ratio: 2.12% Business Optimum Savings at 5.00% APY, Sound Credit UnionSound Credit Union3600 Martin Way E, Olympia, WA 98506A5.0 ★Texas Ratio: 10.49% High-Yield Business Savings at 3.04% APY, WCLA Credit UnionWCLA Credit Union2419 Pacific Ave SE, Olympia, WA 98501A5.0 ★Texas Ratio: 12.61% Tiered-Rate Share Accounts at 2.75% APY, OlyFed Olympia Federal S&LOlyFed Olympia Federal S&L421 Capitol Way S, Olympia, WA 98501A+5.0 ★Texas Ratio: 2.38% Companion Savings*** at 2.57% APY, and EvergreenDIRECT Credit UnionEvergreenDIRECT Credit Union1018 Union Ave SE, Olympia, WA 98501 1540A+5.0 ★Texas Ratio: 3.36% Coverdell Education Savings Account at 0.25% APY. Savings rates as of March 25, 2026 according to verified data from MonitorBankRates.

To see how these savings rates in Olympia, Washington, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Olympia, Washington (WA) are continually updated — we recommend checking back frequently.

Savings rates reflect recent market quotes and representative offers available to depositors in Olympia, Washington and the surrounding area. Last Updated and Verified: March 25, 2026

Compare the Best Savings Rates in Olympia, Washington & Surrounding Communities

Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
2610 Harrison Avenue Northwest At Kenyon, Olympia, WA 98502
Business Optimum Savings
5.00%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedMar 20, 2026
Details

Qualifying balance up to $5,000.00

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
2610 Harrison Avenue Northwest At Kenyon, Olympia, WA 98502
Optimum Savings
5.00%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedMar 20, 2026
Details

Qualifying balance up to $5,000.00

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
2610 Harrison Avenue Northwest At Kenyon, Olympia, WA 98502
Optimum Student Savings
5.00%
$25
Rate0.00%
Min Deposit$25
Min Balance
UpdatedMar 20, 2026
Details

Must be opened at a branch; Qualifying balance up to $5,000.00

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
2610 Harrison Avenue Northwest At Kenyon, Olympia, WA 98502
Nonprofit Savings
3.25%
$2,500
Rate0.00%
Min Deposit$2,500
Min Balance
UpdatedMar 20, 2026
Details

$100,000 and greater

Sound Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.49%
3600 Martin Way E, Olympia, WA 98506
High-Yield Business Savings
3.04%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Sound Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.49%
3600 Martin Way E, Olympia, WA 98506
High Yield Business Savings
3.04%
$0
Rate3.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

WCLA Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.61%
2419 Pacific Ave SE, Olympia, WA 98501
Tiered-Rate Share Accounts
2.75%
$5,000
Rate2.71%
Min Deposit$5,000
Min Balance
UpdatedMar 24, 2026
Details

OlyFed Olympia Federal S&L
Institution Rating:
A+5.0 ★Texas Ratio: 2.38%
421 Capitol Way S, Olympia, WA 98501
Companion Savings***
2.57%
$100
Rate2.50%
Min Deposit$100
Min Balance
UpdatedMar 15, 2026
Details

OlyFed Olympia Federal S&L
Institution Rating:
A+5.0 ★Texas Ratio: 2.38%
421 Capitol Way S, Olympia, WA 98501
Companion Savings*
2.57%
$100
Rate2.50%
Min Deposit$100
Min Balance
UpdatedMar 15, 2026
Details

OlyFed Olympia Federal S&L
Institution Rating:
A+5.0 ★Texas Ratio: 2.38%
421 Capitol Way S, Olympia, WA 98501
Companion Savings
2.57%
$100
Rate2.50%
Min Deposit$100
Min Balance
UpdatedMar 15, 2026
Details

WCLA Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.61%
2419 Pacific Ave SE, Olympia, WA 98501
Tiered-Rate Share Accounts
2.00%
$5,000
Rate1.98%
Min Deposit$5,000
Min Balance
UpdatedMar 24, 2026
Details

WCLA Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.61%
2419 Pacific Ave SE, Olympia, WA 98501
Tiered-Rate Share Accounts
1.85%
$5,000
Rate1.83%
Min Deposit$5,000
Min Balance
UpdatedMar 24, 2026
Details

WCLA Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.61%
2419 Pacific Ave SE, Olympia, WA 98501
Tiered-Rate Share Accounts
1.50%
$5,000
Rate1.49%
Min Deposit$5,000
Min Balance
UpdatedMar 24, 2026
Details

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
2610 Harrison Avenue Northwest At Kenyon, Olympia, WA 98502
Nonprofit Savings
1.50%
$2,500
Rate0.00%
Min Deposit$2,500
Min Balance
UpdatedMar 20, 2026
Details

$50,000-$99,999.99

WCLA Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.61%
2419 Pacific Ave SE, Olympia, WA 98501
Tiered-Rate Share Accounts
1.40%
$5,000
Rate1.39%
Min Deposit$5,000
Min Balance
UpdatedMar 24, 2026
Details

WCLA Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.61%
2419 Pacific Ave SE, Olympia, WA 98501
Tiered-Rate Share Accounts
1.30%
$5,000
Rate1.29%
Min Deposit$5,000
Min Balance
UpdatedMar 24, 2026
Details

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
2610 Harrison Avenue Northwest At Kenyon, Olympia, WA 98502
Nonprofit Savings
1.00%
$2,500
Rate0.00%
Min Deposit$2,500
Min Balance
UpdatedMar 20, 2026
Details

$0-$49,999.99

WCLA Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.61%
2419 Pacific Ave SE, Olympia, WA 98501
IRA Share Account
1.00%
$25
Rate1.00%
Min Deposit$25
Min Balance
UpdatedMar 24, 2026
Details

WCLA Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.61%
2419 Pacific Ave SE, Olympia, WA 98501
Children's Share
0.80%
$0
Rate0.80%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

$5 min. balance

WCLA Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 12.61%
2419 Pacific Ave SE, Olympia, WA 98501
Share Account
0.25%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

$5 min. balance

EvergreenDIRECT Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.36%
1018 Union Ave SE, Olympia, WA 98501 1540
Coverdell Education Savings Account
0.25%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedMar 13, 2026
Details

$250 to earn dividends

Washington State Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.71%
4245 Martin Way E, Olympia, WA 98516 5353
Minor Savings Account
0.15%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Washington State Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.71%
4245 Martin Way E, Olympia, WA 98516 5353
JustU Savings
0.15%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Washington State Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.71%
4245 Martin Way E, Olympia, WA 98516 5353
Classic Savings Account
0.15%
$1
Rate0.00%
Min Deposit$1
Min Balance
UpdatedMar 24, 2026
Details

EvergreenDIRECT Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.36%
1018 Union Ave SE, Olympia, WA 98501 1540
Rock E. Raccoon Savings
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 13, 2026
Details

$25 to earn dividends

Our Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.74%
6541 Sexton Dr NW Ste 103, Olympia, WA 98502 9222
Savings
0.10%
$0
Rate0.10%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
2610 Harrison Avenue Northwest At Kenyon, Olympia, WA 98502
Youth Savings
0.10%
$5
Rate0.00%
Min Deposit$5
Min Balance
UpdatedMar 20, 2026
Details

Must be opened at a branch

EvergreenDIRECT Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.36%
1018 Union Ave SE, Olympia, WA 98501 1540
Limited Auxiliary Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 13, 2026
Details

$100 to earn dividends

Sound Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.49%
3600 Martin Way E, Olympia, WA 98506
Business Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Sound Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.49%
3600 Martin Way E, Olympia, WA 98506
High Yield Business Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Sound Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.49%
3600 Martin Way E, Olympia, WA 98506
High-Yield Business Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Sound Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 10.49%
3600 Martin Way E, Olympia, WA 98506
Secondary Business Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

EvergreenDIRECT Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.36%
1018 Union Ave SE, Olympia, WA 98501 1540
Unlimited Auxiliary Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 13, 2026
Details

$250 to earn dividends

Our Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.74%
6541 Sexton Dr NW Ste 103, Olympia, WA 98502 9222
Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

EvergreenDIRECT Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.36%
1018 Union Ave SE, Olympia, WA 98501 1540
Savings Account
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 13, 2026
Details

$250 to earn dividends

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1500 Black Lake Blvd Sw, Olympia, WA 98502
Retirement High Yield Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

OlyFed Olympia Federal S&L
Institution Rating:
A+5.0 ★Texas Ratio: 2.38%
421 Capitol Way S, Olympia, WA 98501
Statement Savings
0.05%
$100
Rate0.05%
Min Deposit$100
Min Balance
UpdatedMar 15, 2026
Details

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
2610 Harrison Avenue Northwest At Kenyon, Olympia, WA 98502
Preferred Savings
0.05%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedMar 20, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1500 Black Lake Blvd Sw, Olympia, WA 98502
Platinum Savings
0.05%
$25
Rate0.05%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit

Bank of the Pacific
Institution Rating:
A+5.0 ★Texas Ratio: 1.03%
520 Union Ave Se, Olympia, WA 98501
Essential Savings Account
0.04%
$25
Rate0.04%
Min Deposit$25
Min Balance
UpdatedMar 25, 2026
Details

Bank of the Pacific
Institution Rating:
A+5.0 ★Texas Ratio: 1.03%
520 Union Ave Se, Olympia, WA 98501
Youth Savings
0.03%
$25
Rate0.03%
Min Deposit$25
Min Balance
UpdatedMar 25, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1500 Black Lake Blvd Sw, Olympia, WA 98502
Platinum Savings
0.02%
$25
Rate0.02%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit

Bank of the Pacific
Institution Rating:
A+5.0 ★Texas Ratio: 1.03%
520 Union Ave Se, Olympia, WA 98501
Health Savings Account (HSA) Tier 3
0.02%
$100
Rate0.02%
Min Deposit$100
Min Balance
UpdatedMar 25, 2026
Details

Bank of the Pacific
Institution Rating:
A+5.0 ★Texas Ratio: 1.03%
520 Union Ave Se, Olympia, WA 98501
Health Savings Account (HSA) Tier 2
0.01%
$100
Rate0.01%
Min Deposit$100
Min Balance
UpdatedMar 25, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1500 Black Lake Blvd Sw, Olympia, WA 98502
Platinum Savings
0.01%
$25
Rate0.01%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
1500 Black Lake Blvd Sw, Olympia, WA 98502
Way2Save® Savings
0.01%
$25
Rate0.01%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

$25 minimum opening deposit

1st Security Bank of Washington
Institution Rating:
A+5.0 ★Texas Ratio: 2.12%
2610 Harrison Avenue Northwest At Kenyon, Olympia, WA 98502
Business Savings
0.01%
$500
Rate0.00%
Min Deposit$500
Min Balance
UpdatedMar 20, 2026
Details

Bank of the Pacific
Institution Rating:
A+5.0 ★Texas Ratio: 1.03%
520 Union Ave Se, Olympia, WA 98501
Health Savings Account (HSA) Tier 1
0.00%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedMar 25, 2026
Details

Our Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.74%
6541 Sexton Dr NW Ste 103, Olympia, WA 98502 9222
Savings
0.00%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Responders Emergency Services Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
924 W Sinto Ave, Spokane, WA 99201 2531
Savings Account
12.00%
$0
Rate11.39%
Min Deposit$0
Min Balance
UpdatedMar 15, 2026
Details

Maximum Balance $1,200

Whatcom Educational Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.98%
600 E Holly St, Bellingham, WA 98225
First Step (Youth) Savings
7.00%
$1
Rate0.00%
Min Deposit$1
Min Balance
UpdatedMar 22, 2026
Details

Qualifying balance up to $500

Whatcom Educational Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.98%
600 E Holly St, Bellingham, WA 98225
First Step Savings
7.00%
$1
Rate0.00%
Min Deposit$1
Min Balance
UpdatedMar 22, 2026
Details

Qualifying balance up to $500.00

Alaska Air Group Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.33%
2800 S 192nd St Ste 106, SEATAC, WA 98188 5164
Youth Savings
6.14%
$0
Rate6.00%
Min Deposit$0
Min Balance
UpdatedMar 16, 2026
Details

Peoples Bank (WA)
Institution Rating:
A+5.0 ★Texas Ratio: 0.39%
3100 Woburn St, Bellingham, WA 98226
Youth Savings
5.50%
$0
Rate5.35%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Qualifying balance up to $1,000.00

Seattle Bank
Institution Rating:
C-3.7 ★Texas Ratio: 30.78%
401 Union Street, Seattle, WA 98101
Private Business Savings
3.40%
$0
Rate3.34%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Seattle Bank
Institution Rating:
C-3.7 ★Texas Ratio: 30.78%
401 Union Street, Seattle, WA 98101
Private Client Savings
3.40%
$0
Rate3.34%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

First Fed Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.40%
105 W 8th St, Port Angeles, WA 98362
Rewards Savings
3.35%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 21, 2026
Details

Cornerstone Capital Bank, SSB
Institution Rating:
B+4.8 ★Texas Ratio: 17.74%
26830 Maple Valley Black Diamond Rd Se, Maple Valley, WA 98038
Digital High-Yield Savings
3.30%
$50
Rate3.25%
Min Deposit$50
Min Balance
UpdatedMar 25, 2026
Details

HSBC Bank USA
Institution Rating:
A+5.0 ★Texas Ratio: 3.89%
920 5th Ave, Seattle, WA 98104
Premier Relationship Savings
3.20%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

RELATIONSHIP

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice.

Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.

Olympia, WA Savings Rate Trends

Compare local Olympia, WA savings rate quotes against the statewide average

Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full Washington Savings Trends →
High-Yield Savings — WA Avg
0.766%
▼ 0.716 from last week

Washington high-yield savings rates fell 0.716 points this week to 0.766% APY, down from 1.482% last week.

Standard Savings — WA Avg
0.560%
▲ 0.042 from last week

Washington standard savings rates rose 0.042 points this week to 0.560% APY, up from 0.518% last week.

As of Mar 26, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Methodology & Data Sources

Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Olympia, Washington directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every savings rate displayed on MonitorBankRates.com is highly accurate and trustworthy.

Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Olympia, Washington. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in WA.

Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.

Frequently Asked Questions about Savings Accounts in Olympia, Washington

What is a High-Yield Savings Account (HYSA)?

A High-Yield Savings Account (HYSA) typically pays significantly higher interest than standard accounts at national brick-and-mortar banks. These accounts, often found at online banks or local credit unions in Washington, help your money grow faster through a higher APY.

Are savings accounts in Olympia, Washington safe?

Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in Washington up to $250,000 per depositor, per institution.

How often do savings rates change in Olympia, Washington?

Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local Washington rate tables daily to ensure you see the most current high-yield options.

Do I need a minimum deposit to open a savings account?

It depends on the bank. Many online high-yield savings accounts have no minimum deposit requirement, while some traditional banks in Olympia, Washington may require $25–$100 to open an account.

What is the difference between a Savings Account and a Money Market Account?

Both pay interest and are federally insured. Money Market Accounts (MMAs) often come with check-writing privileges or a debit card, making them more flexible, whereas standard savings accounts typically do not.

Are online banks better than local banks in Olympia, Washington?

Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Olympia, Washington offer in-person customer service, which some customers prefer.

How do I open a savings account in Olympia, Washington?

You can open a savings account online or in-person. You will generally need a government-issued ID, your Social Security number, and an initial deposit to get started.

Best Savings Rates in Olympia, Washington

Here are recent savings rates observed in Olympia, Washington and the surrounding area:
  • 1st Security Bank of Washington
    Business Optimum Savings — 5.00% APY
  • Sound Credit Union
    High-Yield Business Savings — 3.04% APY
  • WCLA Credit Union
    Tiered-Rate Share Accounts — 2.75% APY
  • OlyFed Olympia Federal S&L
    Companion Savings*** — 2.57% APY
  • EvergreenDIRECT Credit Union
    Coverdell Education Savings Account — 0.25% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Olympia, Washington. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 25, 2026