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    Charles Schwab

    1.0 (1 review)

    By appointment only

    Services - Charles Schwab

    Investment management

    Retirement planning

    Personal banking

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    2 years ago

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    Olympia Federal Savings

    Olympia Federal Savings

    (8 reviews)

    By far the best bank that I have ever been with. They care about our community and the money stays…read morein our community. I will never bank anywhere else

    I am a 33 year active duty military member who applied for a Home loan with Olympic Federal Credit…read moreUnion. I have a 780+ credit score and was putting 20% down. I locked my loan in at 4.1%, just before the feds raised rates again the next week. We had just paid for and received the $900 appraisal (later we found out that an appraisal wasn't even required on a home that was only a year old). At this point, they now wouldn't do my loan without some property clean up of old vehicles, a home inspection, and a requirement to put funds in escrow to do cosmetic repairs in the home, even though the home had just received a certificate of occupancy in 2021. I was also told by my loan officer, Rachel Rudenski, that her team had a meeting and the consensus was "this really isn't the property that they want to have a mortgage with." We truly believe all of this was done so that they simply did not have to to honor the 4.1% rate...coincidently enough, rates had rose to +5% by this time. Subsequently, we went to another lender with the same appraisal (which they said wasn't even required) the next day and closed in less than 2 weeks... Fairway Independent Mortgage Corporation to the rescue!! Karen Orr was great! I would advise anyone trying to get a home loan to think twice about using Olympic Federal Credit Union. It is my opinion that they are more interested in maximizing profit rather than securing a loan for someone that is exceptionally qualified. You may find yourself incurring numerous additional costs, at a higher interest, and an unusually long time to close. Consumer beware.

    Charles Schwab - investing - Updated August 2026

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