Want to save before your child starts college? Try our Educational Savings Account!
A college or trade school education can offer job opportunities, important skillsets, and increased wages, but these benefits come at a price, and that price increases more and more each year. Be prepared for future education expenses with an Educational Savings Account.
The Educational Savings Account is an dividend-earning savings account for use on future education costs. The account must be open for a minimum of three years and is paid out on the child’s first day of college or 18th birthday, whichever comes first.
Any withdrawal from the Educational Savings Account before these dates will close the account and result in a penalty (some exceptions may apply.)
You can open an Educational Savings Account over the phone or at any of our branches. Open an account now!