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. You can start taking a tax deduction beginning in the 2018 tax year.


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 -- Amory

B BancorpSouth  -- Tupelo Bank of Brookhaven –- Brookhaven Bank of Commerce –- Greenwood Bank of Forest -- Forest Bank of Franklin -- Meadville Bank of Holly Springs -- Holly Springs Bank of Kilmichael –- Kilmichael Bank of Morton –- Morton Bank of Okolona –- Okolona Bank of Wiggins -- Wiggins Bank of Winona -- Winona Bank of Yazoo City -- Yazoo City BankFirst Financial Services -- Macon BankPlus -- Ridgeland BNA Bank -- New Albany

C Cadence Bank, N.A. -- Starkville Charter Bank—Biloxi Citizens Bank, Byhalia -- Byhalia Citizens Bank, Columbia -- Columbia The Citizens Bank, Philadelphia -- Philadelphia Citizens Bank & Trust Co. -- Marks Citizens National Bank -- Meridian Cleveland State Bank -- Cleveland Commerce Bank –- Corinth The Commercial Bank -- DeKalb Community Bank of Mississippi -- Brandon Community Bank, Coast -- Biloxi Community Bank, Ellisville –- Ellisville Community Bank North Mississippi –- Amory Community Spirit Bank -- Belmont Concordia Bank & Trust Co. –- Natchez Copiah Bank -- Hazlehurst Covington County Bank -- Collins

D Delta Bank - Vidalia

F Farmers & Merchants Bank -- Baldwyn The First, A National Banking Association -- Hattiesburg First American National Bank -- Iuka First Bank -- McComb First Bank & Trust --  Biloxi First Choice Bank - Pontotoc First Commercial Bank -- Jackson First Federal Savings & Loan Association -- Aberdeen First Financial Bank -- Carthage First National Bank of Clarksdale -- Clarksdale First National Bank of Picayune -- Picayune First National Banker's Bank, Mississippi -- Ridgeland First Security Bank -- Batesville First Southern Bank –- Columbia First State Bank -- Holly Springs First State Bank -- Waynesboro FNB Oxford Bank -- Oxford

G Great Southern Bank -- Meridian Guaranty Bank & Trust Company -- Belzoni

H Hancock Bank -- Gulfport Holmes County Bank & Trust Co. - - - Lexington Home Bank -- Natchez

J The Jefferson Bank -- Fayette

L Liberty Bank & Trust Company -- Jackson

M Magnolia State Bank -- Bay Springs Mechanics Bank -- Water Valley Merchants & Farmers Bank -- Holly Springs Merchants & Marine Bank -- Pascagoula Merchants & Planters Bank -- Raymond Metropolitan Bank -- Ridgeland

N Newton County Bank -- Newton

O OmniBank Origin Bank - Ridgeland Oxford University Bank -- Oxford

P The Peoples Bank -- Biloxi Peoples Bank -- Mendenhall The Peoples Bank of Ripley -- Ripley Peoples Bank & Trust Company -- North Carrollton Pike National Bank -- McComb PriorityOne Bank -- Magee

R Regions Bank -- Jackson Renasant Bank -- Tupelo Richton Bank & Trust Company -- Richton RiverHills Bank -- Port Gibson

S Southern Bancorp Bank –- Indianola State Bank & Trust Company -- Greenwood Sycamore Bank -- Senatobia

T Tallahatchie County Bank -- Charleston Trustmark National Bank -- Jackson

U United Mississippi Bank -- Natchez

W Wells Fargo Bank, N.A. -- Sioux Falls, SD

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