Ohio Homebuyer Plus | Farmers State Bank

Unlock Your Dream of Owning a Home

Earn an Annual Percentage Yield (APY) of 3.56%*

In conjunction with the Ohio Treasurer’s office, Farmers State Bank is pleased to offer Ohio Homebuyer Plus to our customers.

Ohio Homebuyer Plus makes specialized, tax-advantaged savings accounts available to Ohioans to assist them on their home buying journey. Individuals who open an account through this program will have access to above-market interest rates that will help them to save and grow their money faster.

For more information about the Ohio Homebuyer Plus program, please visit https://tos.ohio.gov/homebuyerplus.

Please note: Individuals are required to review the Ohio Homebuyer Plus participation statement prior to opening an account through the program. You can review the participation statement at: Ohio Homebuyer Plus_Participation Statement v1.3 RV032525.

Ohio Homebuyer Plus Requirements

To qualify for enhanced interest savings through an Ohio Homebuyer Plus account, an eligible account holder must:
- be a resident of the State of Ohio
- be at least 18 years of age
- have a primary residence in the State of Ohio
- only use the account proceeds toward the down payment or closing costs of a home purchase in Ohio
For full details see the Ohio Homebuyer Plus_Participation Statement v1.3 RV032525