Home Savings
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.00% | 5-year CD | 60 Month CD 2.25% - Ally Bank High Yield 5 Year CD |
| 0.20% | 1-year CD | 365 Day CD 1.50% - Ally Bank No Penalty 11-Month CD |
| 0.03% | Savings | Statement Savings |
Home Savings is headquartered in Youngstown and is the 13th largest bank in the state of Ohio. It is also the 348th largest bank in the nation. It was established in 2000 and as of June of 2017, it had grown to 484 employees at 36 locations. Home Savings has an A health rating.
Somewhat ok bank, Good customer service but crappy fees
I was with Home Savings for quite a while and had a ok-ish experience with the bank. Their customer service at a branch location was pretty good, the tellers were nice and friendly. While email support was somewhat of a pain. I asked if they were working on an iPhone app and a developer replied saying No they were not and had no plans to, about 2 months after I left a iPhone app was released.
A big reason why I left was due to it being hard to check my balance on my phone and due to big fees. They had an ATM right outside their branch, one day I got some cash from it and got a fee from using my own branch's ATM. I got fees from Amazon, Target, Gas stations, and all places that took my credit card as a credit card instead of debit. They did partner with another ATM brand which was nice, it allowed me to get cash from their brand ATM's without a out of network fee, but some locations (Like Walmart) still cost a fee anyways.
Long story short, Great customer service at the branch location but a ton of fees.
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.
Will Never Again Use Home Savings
I own my home with another person and was looking to refinance in order to take his name off the loan. I knew going in it was going to be a long shot. Home Savings encouraged me the whole way, telling me I had nothing to worry about and even told me I had loan approval. I was ecstatic thinking I would be able to stay in my home. Then weeks went by where I heard nothing from them... I kept calling and every time I'd call I'd get the same "we're still working on your loan details, you have nothing to worry about." Then all of a sudden they tell me the loan won't go through. They gave the excuse that they just received my tax docs from the IRS that had my income from the year before, however I had sent them the transcripts 2 months before!!! When I asked why no one looked at the transcript I sent and realized it would be a problem two months earlier I never received an answer. They in fact stopped responding to my emails all together. So, my advice is save yourself the time and money of using Home Savings because it doesn't seem like their employees are well trained and know what they are doing!
Data as of Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 35385 |
| Year Established | 2000 |
| Employees | 484 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.09% |
| Return on Equity - YTD | 10.75% |
| Annual Interest Income | $44.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $2.55B$319.7MM |
| Loans | Q2 2017vs Q2 2016 | $1.96B$271.1MM |
| Deposits | Q2 2017vs Q2 2016 | $1.93B$250.4MM |
| Equity Capital | Q2 2017vs Q2 2016 | $264.5MM$32.6MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $19.6MM$2.7MM |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $10.8MM$1.8MM |
| Real Estate Owned | Q2 2017vs Q2 2016 | $1.2MM$76.00K |
Always verify rates and promotions with the bank or credit union. We are not Home Savings; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Home Savings Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.05% | - | - | Health Statement Savings Account | ||
| 0.05%* | $5k* | - | Platinum Statement Savings | ||
| OTHER TIERS: 0.01% → Up to $5k | |||||
| 0.05% | - | - | Holiday Club Statement Savings | ||
| 0.03% | - | - | Big Bucks Statement Savings | ||
| 0.03% | $50 | - | Statement Savings | ||
| 0.03% | - | - | Student Statement Savings | ||
Home Savings Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.45%* | $50k* | - | Premier Money Market Account | ||
| OTHER TIERS: 0.30% → Up to $10k | 0.40% → $10k - $50k | |||||
Home Savings Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.35%* | $50k* | - | Platinum Checking -Private Banking | ||
| OTHER TIERS: 0.10% → Up to $50k | |||||
| 0.03%* | $25k* | - | Interest Checking | ||
| OTHER TIERS: 0.01% → $1k - $25k | |||||
Home Savings CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.15% | $500 | - | 72 Month CD | |
| 1.00% | $500 | - | 60 Month CD | |
| 0.75% | $500 | - | 48 Month CD | |
| 0.50% | $500 | - | 36 Month CD | |
| 0.35% | $500 | - | 30 Month CD | |
| 0.30% | $100 | - | 24 Month Big Bucks Big Savers | |
| 0.30% | $100 | - | 24 Month Home Buyers | |
| 0.30% | $500 | - | 24 Month CD | |
| 0.25% | $500 | - | 18 Month CD | |
| 0.20% | $500 | - | 12 Month CD | |
| 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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 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% | - | - | 18 Month IRA (Variable Rate) | |
| 0.25% | $500 | - | 18 Month IRA | |
| 0.20% | $500 | - | 12 Month IRA |
Sorry, but we do not have location data for Home Savings. Its headquarters is located at 275 West Federal Street - Youngstown, OH 44503