Open a Coverdell Education Savings Account to help your child reach for the stars!

The Coverdell is an Educational Savings Account (ESA). Its sole purpose is to help you pay for your child's or grandchild's education expenses. The Coverdell ESA can help you fund tuition or be used for books, computers, and in some cases, room and board!

Contribute up to $2000 per tax year until your child reaches the age of 18.* Your contributions are not tax-deductible, but the earnings are tax-deferred and tax-free if the funds are withdrawn for education purposes!**

It's never too early to start saving for your child's or grandchild's education and help them reach for the stars! Come in and sit with a member services representative and find out more about this great savings product today!

* In some cases of special needs beneficiaries the age limit is extended.
** Penalties may be incurred for withdrawals made not for education purposes.