Home 
 ISU Costco Shop Night
Join us for the 5th Annual ISU Costco Shop Night!

Coverdell Education Savings

Be the first to rate this page and post a comment below.

Here's a great way to save money to help pay for your child’s education!

Coverdell Education Savings accounts can include both Share and Certificate investment options to save for a child's higher education. Contributions can be made at anytime, and when the child withdraws the funds for higher education, they will not pay taxes on the withdrawals.

For more information about the Coverdell Education Savings account, please visit us at any ISU Credit Union branch or give us a call. We'd love to hear from you!

Features & Benefits

  • Free Online Banking, Bill Pay, and eStatements
  • Seven convenient branch locations and access to over 5,000 additional branches through the Shared Branching Network
  • Anytime phone access through PAT, our automated phone system
  • FREE Notary Public Service
  • Federally insured up to at least $250,000

Rates

Table data for Savings Rates
 Rates effective 08-16-2018
Minimum Balance Compounded / Paid Annual Percentage Yield (APY)1 Alert Me
Daily Share $25+ Monthly .05% Receive a notification when this rate changes
Bengal Share $25+ Monthly .05% Receive a notification when this rate changes
Medical Savings $25+ Monthly .05% Receive a notification when this rate changes
Christmas Club $25+ Monthly .05% Receive a notification when this rate changes
IRA/Coverdell Savings $25+ Monthly 0.25% Receive a notification when this rate changes
Share rates effective 7/01/2017 Money Market Rates effective 8/01/2018.
The dividend rate and annual percentage yield may change at any time, as determined by the ISU Credit Union Board of Directors. A list of terms and conditions which apply to the above accounts is available at the Credit Union. Fees could reduce the earnings on the accounts. ISU Credit Union attempts to update rates immediately whenever a change occurs; however, the listed rates are not guaranteed accurate.
  • 1APY = Annual Percentage Yield

Table data for Share/IRA Certificates
 Rates effective 08-16-2018
Deposit Amount Term Compounded/ Paid Annual Percentage Yield (APY)1 Alert Me
$500 + 3 Months Monthly/Monthly 0.15% Receive a notification when this rate changes
6 Months 0.40% Receive a notification when this rate changes
12 Months 0.70% Receive a notification when this rate changes
18 Months 1.00% Receive a notification when this rate changes
24 Months2 2.40%2 Receive a notification when this rate changes
30 Months 1.35% Receive a notification when this rate changes
36 Months 1.50% Receive a notification when this rate changes
48 Months 1.75% Receive a notification when this rate changes
60 Months 2.15% Receive a notification when this rate changes
Regulations prohibit payment in excess of earnings. Penalty required for early withdrawal. All rates are subject to change without notice. Fees could reduce the earnings on the accounts. ISU Credit Union attempts to update rates immediately whenever a change occurs; however, the listed rates are not guaranteed accurate.
  • 1APY = Annual Percentage Yield
  • 2*Annual Percentage Yield (APY) effective 7/02/2018 through 8/31/2018. 2.40% APY refers to the 24-month CD term on balances of $500 or more. Rates subject to change. Other terms and rates available. No institutional deposits, new money is required. Penalty for early withdrawal. Offer available on personal accounts only. Offer not available with any other rate increases or promotional rates. Certain membership qualifications may apply.

Comments

Post a Comment

  captcha code for visual authentication  letter E number 6 letter U number 2