Unlocking Homeownership

for Mississippians

What is it?

A savings account for first-time homebuyers that offers tax advantages for individuals up to $2,500 a year and up to $5,000 a year for couples.


Who is it for?

Any Mississippian who has never purchased, owned, or part-owned a home in Mississippi or any other state.


When can I create one?

You can open a First-time Homebuyer Savings Account and start saving today. Individual filers can receive a tax deduction up to $2,500 annually and couples filing jointly up to $5,000 annually.


Why would I want to create one?

When you are ready to buy a single-family home, you will have money saved to help make the purchase. Plus, money deposited in the account is deductible from state income, which lowers your tax bill. Interest earned on the deposits is also free from state income tax.


Where can I create an account?

You can create a First-time Homebuyer Savings Account at any bank, credit union, or other financial institution licensed to do business in Mississippi. It can be a cash deposit account or money market account.



A Amory Federal Savings & Loan

B BancorpSouth Bank of Brookhaven Bank of Commerce Bank of Forest Bank of Franklin Bank of Holly Springs Bank of Kilmichael Bank of Morton Bank of Okolona Bank of Wiggins Bank of Winona Bank of Yazoo City BankFirst Financial Services BankPlus BNA Bank

C Cadence Bank, N.A. Charter Bank Citizens Bank, Byhalia Citizens Bank, Columbia The Citizens Bank, Philadelphia Citizens Bank & Trust Co. Citizens National Bank Cleveland State Bank Commerce Bank The Commercial Bank Community Bank of Mississippi Community Spirit Bank Concordia Bank & Trust Co. Copiah Bank Covington County Bank

D Delta Bank - Vidalia

F Farmers & Merchants Bank The First, A National Banking Association First American National Bank First Bank First Bank & Trust First Choice Bank First Commercial Bank First Federal Savings & Loan Association, Abderdeen First Federal Savings & Loan, Pascagoula-Moss Point First Financial Bank First National Bank of Clarksdale First National Bank of Picayune First National Banker's Bank, Mississippi First Security Bank First Southern Bank First State Bank FNB Oxford Bank

G Great Southern Bank Guaranty Bank & Trust Company

H Hancock Bank Holmes County Bank & Trust Co. Home Bank

J The Jefferson Bank

L Liberty Bank & Trust Company

M Magnolia State Bank Mechanics Bank Merchants & Farmers Bank Merchants & Marine Bank Merchants & Planters Bank Metropolitan Bank

N Newton County Bank

O OmniBank Origin Bank Oxford University Bank

P The Peoples Bank Peoples Bank The Peoples Bank of Ripley Pike National Bank PriorityOne Bank

R Regions Bank Renasant Bank Richton Bank & Trust Company RiverHills Bank

S Southern Bancorp Bank State Bank & Trust Company Sycamore Bank

T Tallahatchie County Bank Charleston Trustmark National Bank

U United Mississippi Bank

W Wells Fargo Bank, N.A.

Credit Unions

Arranged by City

Northeast MS FCU Tombigbee FCU

Bay St. Lous
Memorial FCU

Biloxi Biloxi Teachers FCU Coastal CU Harrison County POE FCU Keesler FCU

Boonville United Methodist of MS FCU

Boyle Shelby - Bolivar FCU

Camp Shelby Camp Shelby FCU

Clarksdale Stephens-Adamson Empl. CU

Clinton MS College Empl. CU

Columbus Columbus Municipal CU MUW Empl. FCU Triangle FCU Twin States FCU

Ellisville Ellisville State School ECU

Flowood Statewide FCU

Greenville Delta CU

Gulfport Credit Union South Gulf Coast Community FCU

Hamilton AMPOT FCU

Hattiesburg Forrest County Teachers FCU Pine Belt FCU Southern MS FCU

Indianola Mid Delta CU

Jackson CommFirst FCU Eagle Express FCU HealthPlus FCU Hope FCU Jackson ACCO CU Jackson Area FCU JPFCE FCU Magnolia FCU Members Exchange CU Miller Transporters FCU Mississippi FCU MS DHS FCU MS Farm Bureau Empl. CU MS Highway Safety Patrol FCU MS National Guard FCU MS Public Empl. CU MSTC FCU Treasury Empl. FCU Valley Gas Empl. CU

Laurel Central Sunbelt FCU

Issaquena County FCU

First Unity FCU McComb FCU

Meridian 1st Mississippi FCU Meridian MS ANG FCU Meridian Mutual FCU MUNA FCU Postal CU

Monticello Ferguson FCU

MS Central FCU

Moss Point Singing River FCU

Natchez Citizens Choice FCU Natchez Adams Educ. CU Old South FCU

East Central MS CU

Olive Branch
Elevator CU

Pascagoula Gulf Trust CU Navigator CU

Pearl Municipal CU Rivertrust FCU

Junior College FCU

Choctaw FCU First Neshoba FCU

Ridgeland Brightview FCU ECM CU

SecurTrust FCU

N. MS Health Serv. Empl. FCU

Vicksburg Mutual CU Vicksburg Railroad CU Vickswood CU

B & W MS Empl. FCU New Horizons CU