From: Dictionary of American Naval Fighting Ships, Vol.V p 152
Cities in the states of Illinois and Texas.
Olney (PC-1172) was laid down 29 March 1943 by Leathem D. Smith SB Co., Sturgeon Bay, Wis.; launched 5 June 1943; and commissioned on 6 October 1943, Lt. A. L. Goldstein, USNR, in command.
After commissioning, Olney departed Sturgeon Bay and moved via Lake Michigan, the Chicago and Wabash Canal, The Illinois and Michigan Canal, the Illinois and Mississippi Rivers to New Orleans, arriving on 21 October 1943. She then proceeded to Guantanamo Bay, Cuba and completed shakedown there just before Christmas. From Guantanamo she went to Key West and joined with PC-1251 for the return passage to New Orleans, tying up on 11 January 1944.
Beginning 17 January, Olney conducted convoy escort patrols along the East Coast and in the Caribbean. On 16 January 1945 she relieved PC-1083 on coastal patrol duty off the approaches to the Ambrose Channel and the port of New York, In this capacity she worked at various times with other PCs, Ready (PG-67) and USCGC Triton.
Olney departed New York on 14 June with PC-1549 to transit the Panama Canal for Pacific duty. Sailing via San Diego and Pearl Harbor, she arrived Eniwetok, 17 August. On 1 September she steamed on to Ulithi to escort a convoy to Eniwetok.
Arriving off Majuro on 21 October, Olney was assigned crash boat duties in support of the B-29 air strip on that island. On 20 December she sailed for Eniwetok via Kwajalein and was subsequently assigned to the Navy Governors of the Trust Territories of the Marshall and Caroline Islands, for patrol, rescue and liaison duties. Olney served in this capacity for nearly ten years, returning to San Diego on 26 February 1955.
Olney was placed out of commission in reserve in February 1955 and berthed in the Columbia River, Oregon. On 1 July 1960, she was struck from the U.S. Naval Register and sold on 20 May 1961 to Hatch and Kirk Inc., of Astoria, Oregon.