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Education Accounts

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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 $5004.15%4.40%4.22%4.48%
9 Month FixedOver $5004.00%4.25%4.07%4.33%
12 Month FixedOver $5003.75%4.00%3.81%4.07%
15 Month FixedOver $5003.75%4.00%3.81%4.07%
18 Month FixedOver $5003.25%3.50%3.29%3.55%
22 Month FixedOver $5003.25%3.50%3.29%3.55%
24 Month FixedOver $5003.15%3.40%3.19%3.45%
29 Month FixedOver $5003.15%3.40%3.19%3.45%
36 Month FixedOver $5003.15%3.40%3.19%3.45%
48 Month FixedOver $5002.80%3.05%2.83%3.09%
60 Month FixedOver $5002.75%3.00%2.78%3.04%
Rates subject to change at any time. Rates effective as of December 4, 2024.

 

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