Ohio Homebuyer Plus

Ohio Homebuyer Plus

Helping you open doors—literally.

Saving for your future home made easy.
We’ve partnered with the Ohio Treasurer’s Office to help first-time homebuyers reach their goals faster. If you're an Ohio resident, or planning to move to the area, this high-yield, tax-advantaged savings account helps you to save for a downpayment or closing costs on your future home.

Key features:

  • $500 minimum to open
  • High-interest savings account
  • Available to Ohio residents 18+
  • Designed for downpayment or closing costs
  • Special tax benefits through Ohio Homebuyer Plus

Perfect for: 
Ohio residents looking to save for their future home purchase.

 

Restrictions Apply
*Variable interest rate. Subject to change.
$500 min balance to open. 5.50% Annual percentage yield on balances below 25k. 4.00% Annual percentage yield on balances 25k and above.
Fees may reduce earnings
$250 bonus deposited into the account 6 months after opening account with $500 minimum balance. Bonus credited to account on first day of month after meeting 6-month requirement. For tax advice, please consult your tax professional.

Rates effective as of 12/8/24.

Personal Savings Accounts 
Comparison Chart

FeaturesSavingsMoney MarketCD (Term Varies)
Free Online/Mobile Banking
Free ATM CardN/A
Tiered Rates of Interest*
Minimum Balance RequirementN/A$20,000$1,000
Minimum Opening Deposits$100$20,000$1,000
Early Withdrawal PenaltyN/AUnder 12 month term is equal to 3 months of interest. Greater than 12 months equal to 6 months of interest
Free Debit Card
No Fee on Wire Transfer
Monthly Fee Waiver Eligibility$20 Waived with minimum daily balance of $20,000
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