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College Savings

Parents, grandparents, kids, or all three can start saving with a CEFCU Coverdell Education Savings Account (ESA).

  • Elementary, secondary, college education expenses
  • $2,000 per year for each child under 18
  • Tax-free qualified withdrawals footnote 1
  • Income limits footnote 1

Funds must be withdrawn by the time the child turns 30.

Contact CEFCU to open your ESA today.

Features & Benefits

Online Banking

Check balances, transfer money, and more 24/7.


Use over 30,000 fee-free ATMs.

Mobile App

Access your accounts with your smartphone or tablet.


Go green and enjoy convenient and secure statement access.

College Savings FAQs

1. Check with your tax advisor for specific guidelines.