Our branches will be closed on Friday, July 4 in observance of Independence Day. Fort Wayne branches will reopen for normal Saturday hours on July 5 and all Fort Financial branches will reopen for normal business hours on Monday, July 7. As a reminder, you can always access your account 24/7 with online and mobile banking. For a complete list of our observed holidays, click here.

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Coverdell Education Savings Accounts

Online Access

Save for your child’s education expenses with a Coverdell Education Savings Account.

Distributions are tax-free as long as they are used for qualified education expenses before the owner reaches the age of 30. See current IRS guidelines for penalties.

Contributions are not tax deductible.

Visit a branch to open your Coverdell Education Savings Account

Coverdell ESA Rates
Effective Date: Thursday, July 3rd, 2025
Subject to change. APY = Annual Percentage Yield. Dividends are calculated daily and credited monthly.
Annual Percentage YieldDividend RateMinimum to Earn Dividends
0.50% 0.50% $1

Traditional, Roth & Coverdell Certificates Rates
Effective Date: Thursday, July 3rd, 2025
Subject to change. APY = Annual Percentage Yield. Dividends are calculated daily and credited monthly.
Traditional, Roth &
Coverdell Certificate Term
APY | Dividend RateAPY | Dividend Rate

Minimum balance to open an IRA certificate is $500

Premier & Access Premier Relationship Levels

Student, Basic, Access & Classic Relationship Levels

12-Month IRA/ESA Certificate 4.50% | 4.41% 4.25% | 4.17%
18-Month IRA/ESA Certificate 3.50% | 3.44% 3.25% | 3.20%
24-Month IRA/ESA Certificate 3.50% | 3.44% 3.25% | 3.20%
30-Month IRA/ESA Certificate 3.25% | 3.20% 3.00% | 3.20%
36-Month IRA/ESA Certificate 3.00% | 2.96% 2.75% | 2.72%
48-Month IRA/ESA Certificate 3.00% | 2.96% 2.75% | 2.72%
60-Month IRA/ESA Certificate 3.00% | 2.96% 2.75% | 2.72%

Life insurance designed to help protect your family's future.