Superior Credit Union Offers Ohio Homebuyer Plus Savings Accounts

Superior Credit Union is pleased to announce that it has partnered with the State of Ohio Treasurer’s Office to provide Ohio Homebuyer Plus Savings Accounts to its members. Ohio Homebuyer Plus makes specialized, tax-advantaged savings accounts with above-market interest rates available to Ohioans to assist them on their homebuying journey.

Superior Credit Union is one of eight financial institutions in Ohio currently offering this new savings account. Superior also had the first approved application in the state for an Ohio Homebuyer Plus account.

“At Superior, we believe a primary means of achieving wealth is through homeownership,” said Phil Buell, President and CEO. “We’re delighted to partner with the state and work together to incentivize homeowners. Ohio Homebuyer Plus is a great addition to our mortgage offerings, including SuperiorFirst, our first-time homebuyer grant program.”

“From rising purchase costs to some of the highest mortgage rates in two decades, prospective buyers could use some added support," Ohio Treasurer Robert Sprague said. "Ohio Homebuyer Plus does just that by offering an enhanced interest rate to help Ohioans save and grow their money more quickly.”

To qualify for Ohio Homebuyer Plus, members must be an Ohio resident at least 18 years old, use the money only for a down payment or closing costs on a primary residence in Ohio, use the money within five years of starting the account, and maintain a minimum balance of $100 and a maximum of $100,000. Interested members can find more information on SuperiorCU.com/OHP.

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