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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 Dividend Rate with 2,500 Co-op Points Annual Percentage Yield (APY) APY with 2,500
Co-op Points
IRA Savings Account No Minimum Balance 0.03%   0.03%  
90 Days Fixed Over $500 1.00% 1.25% 1.00% 1.25%
6 Month Fixed Over $500 4.75% 5.00% 4.85%

5.11%

9 Month Fixed Over $500 4.50% 4.75% 4.59% 4.85%
12 Month Fixed Over $500 4.25% 4.50% 4.33% 4.59%
15 Month Fixed Over $500 4.25% 4.50% 4.33% 4.59%
18 Month Fixed Over $500 3.00% 3.25% 3.04% 3.29%
22 Month Fixed Over $500 3.00% 3.25% 3.04% 3.29%
24 Month Fixed Over $500 2.75% 3.00% 2.78% 3.04%
29 Month Fixed Over $500 2.75% 3.00% 2.78% 3.04%
36 Month Fixed Over $500 2.75% 3.00% 2.78% 3.04%
48 Month Fixed Over $500 2.75% 3.00% 2.78% 3.04%
60 Month Fixed Over $500 2.75% 3.00% 2.78% 3.04%
Rates subject to change at any time. Rates effective as of March 1, 2024.

 

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