Saving for your first home can be a little easier.
The State of Missouri now offers tax advantages for first time home buyers saving for their home. The Callaway Bank has expanded on it by adding a special rate to help you save more!
- Earns 0.501% APY*
- Deduct up to $800 per year for individuals* or
- $1,600 per year for couples!*
- Interest Accrues Tax Free*
Ask a Banker today about our First Home Savings Account.
The State of Missouri has outlined several great benefits for designating an account for saving money to purchase your first home.
*Special Offer Details:
Minimum deposit of $10 required to open this account. Annual Percentage Yield (APY) accurate as of November 17, 2020, and may change at any time. Interest will compound and credit quarterly. Six withdrawals allowed per statement cycle and a $1 fee will be charged for each additional withdrawal. Other restrictions apply. See a banker for full details. Consult a tax professional regarding qualifications for deductions and details regarding the First Time Home Buyers Act.