Variable Rate ESA Certificates

Take advantage of good market conditions with a variable rate ESA certificate.²²⁴ Earnings are tax-free if the account is open for five tax years and withdrawn for a qualified reason. See rates.

Features

• Available in 24 and 36 month terms

• You can add deposits of any amount, at any time, up to a maximum of $1,000,000 without affecting your term¹³⁵

• Federally insured to $250,000 by NCUA
   

Requirements

• Minimum opening balance of $500

• ​Minimum balance to earn dividends is $500

• Maximum annual contribution to a Coverdell ESA is $2,000

• Maximum balance of $1,000,000¹³⁵