OlyFed expands banking leadership with four promotions 

Four Olympia Federal Savings (OlyFed) officers have been elevated to new roles. T

he promotions placed one officer on the executive team and three other officers at the assistant vice president level. 

Casey Kilborn was named Senior Vice President and Chief Relationship Officer, and he also joined the bank's executive team. 

Kilborn will continue to oversee commercial lending, business banking and mortgage loan officer teams, while taking on an expanded role in community outreach, marketing and business development. 

Kilborn joined OlyFed in 2015 as Branch Manager at the Yelm Highway location. He was appointed a bank officer and Assistant Vice President in March 2018, then moved up to District Manager later that year. 

He was named Retail Banking Manager in 2021, promoted to Vice President in April 2022 and appointed Vice President and Director of Business Development in March 2025. 

OlyFed President and CEO Josh Deck praised the appointment of Kilborn in an announcement about the promotions, which was  provided to The JOLT. 

"Casey inspires those around him with his passion and dedication to excellence when it comes to taking care of our customers and community," Deck said. "Casey has a heart of gold and lives out our values, which is evidenced by the way he takes care of and helps with the development of his fellow colleagues." 

Branch promotions 

Three branch managers were also elevated to new roles, the announcement states.

Sarah Caldwell, Branch Manager at the Chehalis location, was promoted to Assistant Vice President.

She joined OlyFed in July 2017 as a Customer Service Representative at the Lacey branch and advanced through multiple roles, including Universal Banker, Compliance Specialist and Assistant Branch Manager, before becoming Branch Manager in Tumwater in late 2021. 

Last September, she moved to the Chehalis branch. Caldwell serves as President of the Rebuilding Together Thurston County Board of Directors.

Nicole Montoya, Yelm Branch Manager, also received a promotion to Assistant Vice President. 

She started at OlyFed in June 2016 as Lead Customer Service Representative at the downtown Olympia branch. Montoya moved through positions in Lacey, Yelm and Tumwater before being named Yelm Branch Manager in 2023. 

Cory Swank, Hawks Prairie Branch Manager, was similarly promoted to Assistant Vice President. 

He joined OlyFed in February 2025 with more than 20 years of banking and financial services experience. Swank serves on the boards of South Puget Sound Habitat for Humanity and the Thurston/Mason Crisis Clinic. 

Deck noted all three branch leaders earned the recognition. 

"Sarah, Nicole and Cory have done an incredible job of leading their branch teams and developing lasting and thoughtful connections," he said. "These individuals embody what it means to be an OlyFedder."