Ohio Public Radio
10:24 am
Thu April 10, 2008

Details on state savings accounts

Columbus, OH – Some Ohio lawmakers are working with Ohio's treasurer to allow Ohioans to put up to five thousand dollars in a savings account that would earn five percent interest. That's a higher rate of interest than most savings accounts and many certificates of deposit. In an interview with Ohio Public Radio's Jo Ingles, Ohio treasurer Richard Cordray explains the reason for this program.