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GenoaBank e-Newsletter | May Issue

IN THIS ISSUE: Ohio Homebuyer + Savings | Transfer Now

NEW Product at GenoaBank!


At GenoaBank, we believe that homeownership plays a critical role in the strength and vitality of our communities. That's why we're proud to offer the NEW Ohio Homebuyer Plus Savings, a state program designed to make saving for a home easier and more accessible.


By providing above-market interest rates and a generous five-year window to save, we aim to empower individuals and families on their path to homeownership. In conjunction with the Ohio Treasurer's office, the Ohio Homebuyer Plus Savings makes specialized, tax-advantaged savings accounts available to Ohioans to assist them on their homebuying journey. Open your Ohio Homebuyer Plus savings account today to start saving for a new home!


Account Highlights

  • 5.50% APY
  • $100 minimum to open
  • $100,000 maximum balance


Qualifications

  • Be an Ohio resident at least 18 years of age
  • Have a primary residence in the State of Ohio
  • Use the account proceeds toward the down payment or closing costs of a primary residence purchased in Ohio


For more information about the Ohio Homebuyer Plus program, please visit ohiotreasurer.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 here.


Rate subject to change. For more information about the Ohio Homebuyer Plus program, please visit ohiotreasurer.gov/homebuyerplus.

The world is yours for exploring.

Whether your idea of getting away from it all is a trip to a theme park, a week at the beach, or your own backyard, the most relaxing vacation is one that's been saved for.


Start saving today with a

Vacation Club Savings Account


New Accounts Opening May 1, 2024!


Activity restrictions apply. Deposits are not accepted at Elmore Branch (352 Rice Street).

Hats Off to the Class of 2024

We're a bank that believes in celebrating your life's achievements.


In honor of your graduation, GenoaBank would like to offer you $25 FREE* when you open a NEW Graduation Checking Account.


FREE ATM/Debit Card FREE Box of Checks

FREE Online Banking FREE Mobile Banking


Access your NEW Account by ATM -

GenoaBank partners with MoneyPass, a surcharge-free ATM network, which gives you more opportunities to use your card nationwide.

*New Checking Accounts only. Early closing fee will apply. Opening Balance of $50 with no minimum balance required to obtain bonus. Bonus will be provided within 14 business days of account opening. Must be 17 years old to open account. Valid for one time use only. Other fees may apply. This contribution to your account will be taxable income. Deposits are not accepted at the Elmore Office (352 Rise Street). Statement images not included. Message and Data rates apply.

*Annual Percentage Yield (APY) is accurate as of 5/1/2024 and is subject to change without notice. Penalties for early withdraw may apply. Minimum balance of $1,000 is required to open and maintain this yield. Interest is paid monthly. Deposits are not accepted at our Elmore Office (352 Rice Street, Elmore).

Knowledge is a powerful defense against scams!


Have you received a text or email indicating there's an issue with your package or a failed delivery attempt? You will be asked to click a link to pay a fee or provide personal information.


PRO TIP: Do not open unfamiliar links on your phone or email. This may be a phishing attempt.

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