Earn 5.74% APY*
$100 minimum to open.
$100,000 maximum contributed balance.
Balance should be used to fund a down payment, earnest deposit, mortgage closing costs, or other expenses that are directly related to the purchase of an eligible home.
Receive a $500 bonus with a new or existing checking/savings account.**
Up to $650 of loan fees waived if purchase is financed with First National Bank of Sycamore.***
Funds for purchase must be used within five years.
Subject to State of Ohio approval.
Call 567-938-8300 to Open Today!
Program Overview Participation Statement*Minimum balance of $100 to receive Annual Percentage Yield (APY). Interest rate and annual percentage yield may change quarterly. Fees may reduce earnings.
**Eligibility:
Opening an Ohio Homebuyer Plus Savings account with First National Bank of Sycamore is subject to State of Ohio approval.
Bonus Requirements:
- You must maintain an Ohio Homebuyer Plus Savings account at First National Bank of Sycamore with a balance of at least $100.00 in the account for the initial 90 days.
- You must maintain a separate checking/savings account at First National Bank of Sycamore that is also in good standing during this time.
Bonus Payment:
The $500.00 bonus will be deposited to your separate checking/savings account with First National Bank of Sycamore within 30 days after both requirements have been met. Both accounts must be open and in good standing at the time of bonus payment. Limit one $500.00 bonus per social security number. Bonus payout may be taxable as interest income and reported on IRS Form 1099-INT. Consult your tax advisor.
***Eligibility:
Opening an Ohio Homebuyer Plus Savings account with First National Bank of Sycamore is subject to State of Ohio approval. Finance the purchase of your Ohio 1-4 family primary residence with First National Bank of Sycamore. Not valid on home refinances, construction, home equity loans or lines of credit. Not valid on non-primary residence properties.
Requirements:
- You must have an Ohio Homebuyer Plus Savings account at First National Bank of Sycamore with a balance of at least $100.00.
- All loans subject to approval under applicable credit and underwriting guidelines.
Payment:
After both requirements have been met, you will receive up to $650.00 off your mortgage closing fees. Cannot be combined with any other offers. One closing cost credit per purchase.
