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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
Effective Date: Sunday, April 14th, 2024
NameAPY*Dividend RateMinimum to Earn Interest
Coverdell ESA 0.50% 0.50% $1

Traditional, Roth & Coverdell Certificates
Effective Date: Sunday, April 14th, 2024
Subject to change. Dividends are calculated daily and credited monthly.
Traditional, Roth &
Coverdell Certificates
Annual Percentage Yield (APY) | Dividend Rate (Premier & Access Premier)Annual Percentage Yield (APY) | Dividend Rate (Student, Basic, Access & Classic)Minimum Balance
12-Month IRA/ESA Certificate 4.50% | 4.41% 4.25% | 4.17% $500
18-Month IRA/ESA Certificate 3.75% | 3.69% 3.50% | 3.44% $500
24-Month IRA/ESA Certificate 3.50% | 3.44% 3.25% | 3.20% $500
30-Month IRA/ESA Certificate 3.25% | 3.20% 3.00% | 3.20% $500
36-Month IRA/ESA Certificate 3.00% | 2.96% 2.75% | 2.72% $500
48-Month IRA/ESA Certificate 3.00% | 2.96% 2.75% | 2.72% $500
60-Month IRA/ESA Certificate 3.00% | 2.96% 2.75% | 2.72% $500