A Coverdell Education Savings Account (CESA) provides tax-free earnings when the funds are used for your child's qualified education expenses.

There are no age or compensation requirements to open and contribute to a CESA; you do not even need to be related to the child you are contributing for. The interest is 100% tax free and withdrawals can be made at any time when used for qualified education expenses.*

Please call the Credit Union for an application and more information. 

Summary

• Tax-advantaged way to save for your child's education
• Withdrawals tax free when used for qualified education expenses*
• Contribute up to $2,000 per student per year
• No annual fee
• NCUA insured

*Includes tuition and fees, books, supplies, board, etc.