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275 West Federal Street
Youngstown, OH 44503

Home Savings is headquartered in Youngstown and is the 14st largest bank in the state of Ohio. It is also the 399th largest bank in the nation. It was established in 1889 and as of March of 2014, it had grown to 486 employees at 33 locations. Home Savings has a B health rating.

Reviews (1)

Loan Payments

About 6 months ago, I was about 3 weeks late paying my monthly amount on my Home Equity Loan with Home Savings and Loan. I contacted the bank and let them know that I realized this one time I had no recourse due to personal financial difficulty at that time, but to make my Equity payment, it would be late, and would try not to let this happen again.

Subsequently, since that one time, I have continued to make my payment on a monthly basis. I have never missed a payment and have been diligent about the payment occurring at the same time every month.

Harassment ensues!!! You would think I was years behind instead of a few weeks. I continue to get phone calls month-after-month-after month. I do not know what their procedure is if someone has missed a home mortgage payment, but I can only imagine the amount of phone calls made from their loan department.

Please put a procedure in place that would let you analyze someone's consistent re-payment of a loan vs one late payment and stop the harassing phone calls for someone making an honest attempt to repay their debt.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Home Savings had $28.11 million in non-current loans and owned real-estate with $181.83 million in equity and loan loss allowances on hand to cover it. This gives Home Savings a Texas Ratio of 15.46% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Home Savings decreased dramatically from 29.63% as of March 31, 2013 to 15.46% as of March 31, 2014, resulting in a positive change of 47.82%.This indicates that the balance sheet and financial strength for Home Savings has improved dramatically in recent periods.

Deposit Growth


In the past year, Home Savings has decreased its total deposits by -$59.08 million, resulting in -3.94% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Home Savings has shown is below average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Home Savings has $1.75 billion in assets with $181.83 million in equity, resulting in a capitalization level of 10.38%, which is above average.

Institution Statistics

FDIC Certificate #28114
Year Established1889
Primary RegulatorFDIC
Assets and Liabilities
Assets$1.75 billion
Loans$1.07 billion
Deposits$1.44 billion
Equity Capital$161.28 million
Loan Loss Allowance$20.55 million
Unbacked Noncurrent Loans$23.41 million
Real Estate Owned$4.70 million
Historic Data - March 2013
Assets$1.83 billion
Equity Capital$183.37 million
Loan Loss Allowance$21.83 million
Unbacked Noncurrent Loans$23.41 million
Real Estate Owned$15.35 million
Profit Margin - Quarterly
Net Interest Margin3.13%
Return on Assets0.52%
Return on Equity5.88%
Interest Income$15.70 million

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Home Savings Savings Account Rates

0.10%--Health Statement Savings Account
0.10%$5k-Platinum Statement Savings
0.10%--Holiday Club Statement Savings
0.10%--Personally Yours Statement Savings
0.05%--Big Bucks Statement Savings
0.05%$50-Statement Savings
0.05%--Student Statement Savings

Home Savings Money Market Rates

0.20%$100k-High Yield Money Market Account

Home Savings Checking Account Rates

0.05%--Basic Checking
0.05%$1k-Interest Checking
0.05%--Personally Yours Checking

Home Savings CD Rates

1.15%$500-72 Month CD
1.15%$500-72 Month HSA
1.00%$500-60 Month CD
1.00%$500-60 Month HSA
0.75%$500-48 Month CD
0.50%$500-36 Month CD
0.50%$500-36 Month HSA
0.35%$500-30 Month CD
0.35%$500-30 Month HSA
0.30%$100-24 Month Big Bucks Big Savers
0.30%$100-24 Month Home Buyers
0.30%$500-24 Month CD
0.30%$500-24 Month HSA
0.25%$500-18 Month CD
0.25%$500-18 Month HSA
0.25%$100-18 Month HSA (Variable Rate)
0.20%$500-12 Month CD
0.20%$500-12 Month HSA
0.20%$500-365 Day CD
0.10%$500-182 Day CD
0.05%$500-28 Day CD
0.05%$500-91 Day CD

Home Savings IRA Rates

1.15%$500-72 Month IRA
1.00%$500-60 Month IRA
0.50%$500-36 Month IRA
0.35%$500-30 Month IRA
0.30%$500-24 Month IRA
0.25%$100-18 Month IRA (Variable Rate)
0.25%$500-18 Month IRA
0.20%$500-12 Month IRA

Home Savings has 33 locations. Click to view all Home Savings locations.