Personal Banking

Coverdell Education Savings Account (CESA)

There is nothing more valuable than a child's education. Why not ensure they get the best by building funds from the time they are born.

Key Features:

$2,000 maximum contributions per child per year
Used for qualified educational purposes
Tax-free withdrawals

Dividends are earned and posted monthly based on the average daily balance in your account. Please note if you close your account before dividends are paid, you will not receive the accrued dividends.

Learn more!

Contributions may be made by parents, grandparents, other family members, friends, as well as the children themselves. Contributions must be made before the child's 18th birthday and distributed before their 30th birthday. If funds are not used for one child they may be rolled over for another child. For tax advice, consult a tax advisor.

Additional Account Features:

Access your account 24/7 with our Free Online Banking
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