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Education Accounts


Better rates on higher education

Our Coverdell Education accounts can help you save for your family's future education costs, whether that's for two years, four years, or more!

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Tax Advantages

Earnings (Dividends) are tax-free if they are used to pay for educational expenses.

Low Initial Deposit

With minimum balances starting at $500, you can begin earning a higher rate sooner.

Education Account Rates

ProductMinimum BalanceDividend RateDividend Rate with 2,500 Co-op PointsAnnual Percentage Yield (APY)APY with 2,500
Co-op Points
IRA Savings AccountNo Minimum Balance0.03% 0.03% 
90 Days FixedOver $5001.00%1.25%1.00%1.25%
6 Month FixedOver $5004.75%5.00%4.85%5.11%
9 Month FixedOver $5004.75%5.00%4.85%5.11%
12 Month FixedOver $5004.50%4.75%4.59%4.85%
15 Month FixedOver $5004.50%4.75%4.59%4.85%
18 Month FixedOver $5004.25%4.50%4.33%4.59%
22 Month FixedOver $5004.25%4.50%4.33%4.59%
24 Month FixedOver $5003.75%4.00%3.82%4.07%
29 Month FixedOver $5003.75%4.00%3.82%4.07%
36 Month FixedOver $5003.75%4.00%3.82%4.07%
48 Month FixedOver $5003.00%3.25%3.04%3.30%
60 Month FixedOver $5003.00%3.25%3.04%3.30%
Rates subject to change at any time. Rates effective as of June 7, 2024.