Build your down payment with serious earning power.
Your future home starts here. With high earning potential and a structure designed to grow your savings faster, this account helps you build your down payment with purpose.
Benefits of an Ohio Homebuyer Plus Account
- Use funds for down payment or closing costs
- Boost your savings with tiered earning potential
- Receive up to $1,000 toward closing costs with a qualifying mortgage
- Savings account for Cinfed members planning to purchase a home in the state of Ohio
- Backed by a state-supported homebuyer savings program
- Earn up to 10.00% APY* on savings balances
- Tiered interest rates to maximize earnings as you save
- Designed to help you build a down payment faster
- Funds can be used for down payment or closing costs
- Receive up to $1,000 toward closing costs with a Cinfed mortgage**
- Save for up to 5 years toward your home purchase
- Minimum account balance: $505
- Maximum balance: $100,000
- One account per member
Eligibility
To qualify for enhanced interest savings through an Ohio Homebuyer Plus account, an eligible accountholder 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
Please note: Individuals are required to review the Ohio Homebuyer Plus participation statement prior to opening an account through the program. For more information about this program from the State of Ohio, click here to open the Ohio Homebuyer Plus PDF.
For more information about the program from the State of Ohio, click here.
Looking to buy your first home? Here are some helpful tips as you begin the process.
{{ ohio-homebuyer-rate }}
*APY = Annual Percentage Yield. This is a variable rate account. Requirements for Ohio Homebuyer Plus account must be met as noted and defined by Treasurer of the State of Ohio. One per member. Minimum $505 opening deposit; maximum $100,000 deposit.
**Up to $1,000 will be applied toward eligible closing costs on a mortgage originated at Cinfed Credit Union when an Ohio Homebuyer Plus (OHP) account is used. Offer valid for OHP Savings Account members only; account must be open for a minimum of 90 days to qualify and must carry an average daily balance of at least $1,000 during the 90 days prior to the mortgage loan closing. Limit one closing cost credit per mortgage loan; multiple borrowers on one loan who may have individual OHP accounts only qualify for one closing cost credit; unused funds will be forfeited. All loans subject to approval. Offer may be modified or terminated at any time without prior notification.
Use this calculator to determine your projected earnings from our Kasasa Cash account. Move the sliders or type in the numbers to see your potential rewards.
- Estimated Annual Rewards $0
- Estimated monthly interest earned* $0
- Monthly ATM fees refunded**$0
This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.
- Net cost of buying $0
- Net cost of leasing $0
A fixed-rate, fixed-term CD can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.
- Total value at maturity $0
- Total dividends earned $0
- Annual Percentage Yield (APY)0.000%
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
- Monthly deposit needed to reach goal $0
This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.
- Estimated monthly payment $0
- Total paid $0
- Total interest paid $0
Adjustable Mortgage Rates¹
| TERM | RATE AS LOW AS | APR* |
|---|---|---|
| 5 Year ARM² (First Time Homebuyer) | 6.250% | 6.727% |
| 7 year ARM | 6.750% | 7.379% |
| 1 year ARM | N/A | N/A |
| 3 year ARM | N/A | N/A |
| 5 year ARM | 5.250% | 6.026% |
| Investment/Rental³ | 6.250% | 6.611% |
*APR= Annual Percentage Rate
1. Adjustable Rate Mortgages (ARMs) Up to 90% Loan-to-value (LTV). As low as rates (APR) assumption is based upon $185,000 loan amount, 80% LTV or less, and representative credit score of 760+. APR may vary depending on the final loan amount and finance charges. Rates adjust on a semiannual (every 6 months) basis after initial/introductory rate period (1, 3, 5, or 7 years). The index for ARMs is the 30-day Average SOFR. APR will never go below the Margin. All ARMs have a 5% lifetime cap above the initial rate. The 3/6-month and 5/6-month can adjust 2% after the initial/introductory rate period; Then a minimum/maximum adjustment of 1% per adjustment period. 7/6-month can adjust 5% after the initial/introductory rate period; Then a minimum/maximum adjustment of 1% per adjustment period. Private Mortgage Insurance (PMI) may be required.
2. Must meet First Time Homebuyer (FTHB) qualifications. FTHB loan programs require an escrow account be set up for Property Taxes and Homeowner's Insurance. Please contact our mortgage origination team for more details.
3. Available for rental properties comprising 1 – 4 units. Loan agreement include 15-year balloon payment.
Certificates
| AVAILABLE TERMS | APY* | RATE |
|---|---|---|
| 3 Months | 3.50% | 3.44% |
| 6 Months | 3.60% | 3.54% |
| 12 Months | 3.60% | 3.54% |
| 24 Months | 3.70% | 3.63% |
| 36 Months | 3.70% | 3.63% |
| 48 Months | 3.80% | 3.73% |
| 60 Months | 3.80% | 3.73% |
| Smart30¹ | 4.00% | 3.92% |
| Legacy² | 4.00% | 3.92% |
| Jumbo Rate Special | 15 Basis Points Bonus for 24 – 60 Month CDs ≥ $50k | |
*APY= Annual Percentage Yield. Minimum $500 deposit for standard certificates
1. Smart30 requirements: minimum $50 opening deposit. One per member. Only one penalty-free withdrawal. Maximum deposit of $20,000. Member must wait 6 months to open a new Smart30 after closing one prior to maturity. Not available on IRA/HSA accounts.
2. One per minor child. Minimum opening deposit $50. Cinfed will match a one-time $50 opening deposit. Can make additional deposits until maturity date. Monthly transfer required; 18 month term.
Checking
| Account Type | APY* | Dividend Rate | Minimum Balance |
|---|---|---|---|
| Summit Checking (Up to $10,000) | 6.00% | 5.84% | No minimum balance |
| Summit Checking (Over $10,000) | 0.50% | 0.49% | No minimum balance |
*APY = Annual Percentage Yield. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. Qualifications and rewards may vary by account. Monthly receipt of electronic statements, log into online banking, and twelve (12) debit card transactions are conditions of this account. For Summit High-Yield Checking account, if qualifications are met during a Monthly Qualification Cycle, (1) Balances up to $10,000 receive APY of 6.00%; and balances over $10,000 earn 0.50% dividend rate on the portion of balance over $10,000, resulting in a range from 6.00% to 1.00% APY depending on the account's balance and (2) you will receive reimbursements up to $20 for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. Dividends and ATM fee reimbursements will be credited to your Summit High Yield account on the last day of statement cycle. When Summit High Yield qualifications are not met, all balances in the account earn 0.05% APY and ATM fees are not refunded. Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account's rewards. ATM-processed transactions do not count toward qualifying debit card transactions. Transfers between accounts do not count as qualifying transactions. "Monthly Qualification Cycle" means a period beginning one (1) day prior to the first day of the current statement cycle through one (1) day prior to the close of the current statement cycle. The advertised Summit High Yield APY is based on compounding dividends. The SaverPlus APY may be less than Summit High Yield APY. If qualifications are met in your Summit High Yield or Cash Back account during the Monthly Qualification Cycle, the balance in the SaverPlus earns 2.00% APY. If Summit High Yield or Cash Back qualifications are not met, the balance in the SaverPlus earns 0.05% APY. Limit one (1) Rewards checking and SaverPlus per social security number.
Commercial
| Contact Us For Current Commercial Loan Rates | Phone Number | |
|---|---|---|
| [email protected] | 513-333-3894 |
Conventional Auto Loans — New
| LOAN TYPE | Up to 54 months (With Autopay Discount) | 55 – 66 months (With Autopay Discount) | 67 – 78¹ months (With Autopay Discount) | 79 – 84² months (With Autopay Discount) |
|---|---|---|---|---|
| 2025 – Newer | 5.240% APR* | 5.490% APR* | 5.740% APR* | 6.240% APR* |
*APR = Annual Percentage Rate. As low as rate based on 760+ Credit Score and Auto Pay. Floor rate of 5.240%. Additional Discounts Available.
1. 67 – 75 mos available for loans >$20K / 2. 76 – 84 mos available for loans >$25K
Conventional Auto Loans — Used
| LOAN TYPE | Up to 54 months (With Autopay Discount) | 55 – 66 months (With Autopay Discount) | 67 – 78¹ months (With Autopay Discount) | 79 – 84² months (With Autopay Discount) | Up to 63 months (With Autopay Discount) |
|---|---|---|---|---|---|
| 2024 – Newer | 5.490% APR* | 5.740% APR* | 5.990% APR* | 6.490% APR* | N/A |
| 2023 – 2020 | 5.990% APR* | 6.240% APR* | 6.490% APR* | 6.990% APR* | N/A |
| 2019 & Older | N/A | N/A | N/A | N/A | 7.240% APR* |
*APR = Annual Percentage Rate. As low as rate based on 760+ Credit Score and Auto Pay. Floor rate of 5.240%. Additional Discounts Available.
1. 67 – 75 mos available for loans >$20K / 2. 76 – 84 mos available for loans >$25K
Conventional Mortgage Rates¹
| TERM | RATE AS LOW AS | APR* |
|---|---|---|
| 30 year | 6.250% | 6.282% |
| 20 year | 6.250% | 6.289% |
| 15 year | 5.500% | 5.545% |
| 10 year | 5.500% | 5.562% |
| 7 year | N/A | N/A |
| 5 year | N/A | N/A |
| Home Possible² | 6.625% | 6.657% |
| Investment/Rental³ | 6.875% | 6.907% |
*APR= Annual Percentage Rate
1. As low as rates (APR) assumption is based upon $185,000 loan amount, 80% Loan-to-value (LTV) or less, and representative credit score of 760+. APR may vary depending on the final loan amount and finance charges. Rates are subject to change without notice. Minimum loan term is 5 years, Maximum loan term is 30 years. Maximum loan amount of $832,750.00. Maximum LTV of 80% with no cash-out.
2. For qualified loans, rate is based on 80% LTV with no PMI. If LTV is greater than 80%, PMI will be added and APR will increase.
3. Available for rental properties comprising 1 – 4 units.
Credit Cards¹
| Card Type | Rate (APR)² |
|---|---|
| Cinfed Essentials Mastercard | 10.400% – 18.000% |
| Cinfed Platinum Mastercard | 12.400% – 18.000% |
| Cinfed Secured Mastercard | 12.400% – 18.000% |
| Cinfed World Mastercard | 15.240% – 18.000% |
| Cinfed Mastercard Business Card | 12.400% – 18.000% |
1. Credit card rate determined at account opening based on credit worthiness. After that, your rate will vary with market based on the Prime Rate. Annual fees may apply based on credit history.
2. APR = Annual Percentage Rate; Rates may vary; Annual Percentage Rate is based on credit history.
Flex Auto Loans — New
| LOAN TYPE | Up to 54 months (With Autopay Discount) | 55 – 66 months (With Autopay Discount) | 67 – 72¹ months (With Autopay Discount) |
|---|---|---|---|
| 2025 – Newer | 6.240% APR* | 6.490% APR* | 6.740% APR* |
*APR = Annual Percentage Rate. As low as rate based on 760+ Credit Score and Auto Pay. Floor rate of 6.240%. Additional Discounts Available
1. 67 – 72 mos available for loans >$20K
Flex Auto Loans — Used
| LOAN TYPE | Up to 54 months (With Autopay Discount) | 55 – 66 months (With Autopay Discount) | 67 – 72¹ months (With Autopay Discount) |
|---|---|---|---|
| 2024 – Newer | 6.490% APR* | 6.740% APR* | 6.990% APR* |
| 2023 – 2021 | 6.990% APR* | 7.240% APR* | 7.490% APR* |
*APR = Annual Percentage Rate. As low as rate based on 760+ Credit Score and Auto Pay. Floor rate of 6.240%. Additional Discounts Available
1. 67 – 72 mos available for loans >$20K
General Loans
| ACCOUNT TYPE | MAXIMUM TERM | RATE (APR)* |
|---|---|---|
| Signature | 48 Months | As low as 11.490%¹ |
| Signature | 60 Months | As low as 12.490%¹ |
| Share Secured Loan | 60 Months | Share rate plus 3.000%² |
| Certificate Secured Loan | 60 Months | Certificate rate plus 3.000%³ |
| K-12 Tuition Loan | 12 Months | As low as 9.490% |
| Ready Cash Account | Line of credit | As low as 11.490% |
| 30/60/90/180 Day Note | Up to 180 days | As low as 11.490% |
*APR= Annual Percentage Rate
1. As low as rate based on 760+ Credit Score and Auto pay for max term
2. Maintain a balance in your Main Share savings account that is equal to the balance of your loan. As you pay down the loan, fewer shares are required to be secured.
3. Maximum term available equal to remaining term on certificate securing balance of loan.
4. Max Term of 12 months.
5. Rate will vary; $5.00 overdraft transfer fee applies.
Health Savings Account (HSA)
| Account Type | APY* | Dividend Rate |
|---|---|---|
| Health Savings Main Share | 0.05% | 0.05% |
| Health Savings Account Checking (HSA) | 2.00% | 1.98% |
*APY = Annual Percentage Yield
Home Equity Line of Credit¹
| RATE AS LOW AS |
|---|
| 6.250% APR* |
*APR = Annual Percentage Rate
1. Upon approved credit. As low as rate is based on financing 80% or less CLTV (combined loan to value) and an individual credit score of 760+. The APR is variable and may change quarterly; rate is based upon the Index plus a Margin. Rate cannot increase or decrease by more than 2.00% in each calendar year. Annual Fee: $35.00 each year following the day that your account is established, fee is waived for HELOC in 1st lien position or in which Cinfed holds a 1st lien position on the secured property. Early Termination Fee: If loan is paid and closed within 36 months of being established, You must reimburse the lessor of $115.00 or the actual fees and charges paid by Cinfed on your behalf to third parties in order to establish the line of credit.
Kasasa Cash*
| Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| 0 - $15,000 | $x | 0.00% | 0.00% |
| $15,000+ | $x | 0.00% | 0.00% |
| All balances if qualifications not met | $x | 0.00% | 0.00% |
Qualifications
xx
Kasasa Saver*
| Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| 0 - $15,000 | $x | 0.00% | 0.00% |
| $15,000+ | $x | 0.00% | 0.00% |
| All balances if qualifications not met | $x | 0.00% | 0.00% |
Qualifications
xx
Ohio Homebuyer Plus Rates
| Balance | APY* | Rate |
|---|---|---|
| $0 – $10,000 | 10.00% | 9.56% |
| $10,000.01 – $100,000 | 5.00% | 4.88% |
| $100,000.01 and above | 0.05% | 0.05% |
*APY = Annual Percentage Yield. This is a variable rate account. Requirements for Ohio Homebuyer Plus account must be met as noted and defined by Treasurer of the State of Ohio. One per member. Minimum $505 opening deposit; maximum $100,000 deposit.
Savings
| Super Share** | APY* | Dividend Rate |
|---|---|---|
| $1,000,000 and above | 3.00% | 2.96% |
| $500,000 – $999,999 | 2.75% | 2.71% |
| $100,000 – $499,999 | 2.25% | 2.22% |
| $50,000 – $99,999 | 2.00% | 1.98% |
| Below $50,000 | 1.75% | 1.73% |
| Christmas Club | 0.05% | 0.05% |
| Main Share | 0.05% | 0.05% |
| Go Account | 0.05% | 0.05% |
| SaverPlus | 2.00% | 1.98% |
| SaverPlus Non-Qualified | 0.05% | 0.05% |
| IRA Passbook | 0.50% | 0.49% |
*APY = Annual Percentage Yield
**You must maintain a balance of $2,000 in the Main Share account to qualify for a Super Share.