How Business Owners Can Use the Ohio Homebuyer Plus

Buying a home is a significant milestone, and we're committed to helping you achieve your goals.

In conjunction with the Ohio Treasurer’s office, Croghan Colonial Bank is excited to offer the Ohio Homebuyer Plus Savings Account, a specialized savings account designed to assist you in the home-buying process. While it can’t be opened under a business name, you can use it as an individual account to optimize your personal finances and save for your next home.

As an Ohio resident, you may benefit from this program whether you’re looking to purchase your first home or want to upsize or downsize. This account allows you to access above-market interest rates so you can save and grow your money faster.

Who is Eligible? Participants must:

• Be an Ohio resident at least 18 years of age.
• Have a primary Ohio residence.
• Use account funds toward the down payment or closing cost of a primary residence in Ohio.
• Review the Ohio Homebuyer Plus Participation Statement before opening the account.
  
  

An Ohio Homebuyer Plus account requires a $100 opening deposit and can hold a maximum balance of $100,000.

Find out how Croghan can help you start saving for your next home!