A two-step roller finger follower including an elongate body having side walls defining coaxially disposed shaft orifices, a pallet end and a socket end interconnecting with the side walls to define a slider arm aperture, and a latch channel. The socket end is mountable to an hydraulic lash adjuster, and the pallet end is matable with a valve stem. A slider arm for engaging a high-lift cam lobe is disposed in the slider arm aperture and has a first end pivotably mounted to the pallet end of the body and the second end forming a slider tip for engaging an activation/deactivation latch. The latch is slidably disposed in the latch channel, and the latch has a nose section for selectively engaging the slider tip. A spool-shaped roller having first and second roller elements fixedly attached to the shaft is rotatably disposed in the shaft orifices, the roller being adapted to follow the surface motion of low-lift cam lobes. Preferably, the shaft is journalled in roller or needle bearings which extend between and through the first and second shaft orifices, being thus exposed to normal copious oil flow through the RFF.