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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 0.03% 0.03%
90 Days Fixed Over $500 0.03% 0.03%
6 Month Fixed Over $500 0.10% 0.10%
9 Month Fixed Over $500 0.15% 0.15%
12 Month Fixed Over $500 0.20% 0.20%
15 Month Fixed Over $500 0.20% 0.20%
18 Month Fixed Over $500 0.25% 0.25%
22 Month Fixed Over $500 0.25% 0.25%
24 Month Fixed Over $500 0.30% 0.30%
29 Month Fixed Over $500 0.35% 0.35%
36 Month Fixed Over $500 0.40% 0.40%
48 Month Fixed Over $500 0.50% 0.50%
60 Month Fixed Over $500 0.60% 0.60%
Rates subject to change at any time. Rates effective as of September 7, 2021.

 

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