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Education Accounts

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Better rates on higher education

Our Coverdell Education accounts can help you save for your family's future education costs, whether that's for two years, four years, or more!

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Tax Advantages

Earnings (Dividends) are tax-free if they are used to pay for educational expenses.

Low Initial Deposit

With minimum balances starting at $500, you can begin earning a higher rate sooner.

Education Account Rates

Product Minimum Balance Dividend Rate Annual Percentage Yield
IRA Share Account No Minimum Balance 0.05% 0.05%
90 Days Fixed Over $500 1.00% 1.00%
6 Month Fixed Over $500 2.50% 2.52%
9 Month Fixed Over $500 2.50% 2.52%
12 Month Fixed Over $500 3.00% 3.04%
15 Month Fixed Over $500 3.00% 3.04%
18 Month Fixed Over $500 3.00% 3.04%
22 Month Fixed Over $500 3.00% 3.04%
24 Month Fixed Over $500 4.00% 4.07%
29 Month Fixed Over $500 4.00% 4.07%
36 Month Fixed Over $500 4.00% 4.07%
48 Month Fixed Over $500 4.00% 4.07%
60 Month Fixed Over $500 4.00% 4.07%
Rates subject to change at any time. Rates effective as of January 23, 2023.

 

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