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Coverdell Educational Account

A Coverdell Educational Savings Account (ESA) can help you save for a child’s educational expenses such as tuition, fees, books, supplies, equipment, and in some cases, room and board. You can make nondeductible contributions that provide the potential for tax-free withdrawals, including earnings down the road. White Rose Credit Union can offer a Certificate of Deposit or variable rate savings account for the Coverdell Educational Savings Account. Visit irs.gov for more information.

Open a Coverdell Education Savings Account at White Rose Credit Union today and start saving for tomorrow!

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Coverdell Educational Share Certificate

Coverdell Educational Share Certificate
Term of Months APY* Dividend Rate
3 0.50% 0.499%
6 0.75% 0.747%
12 1.00% 0.995%
18 1.50% 1.490%
24 2.00% 1.982%
30 2.15% 2.129%
36 2.30% 2.276%
48 2.50% 2.472%
60 2.75% 2.716%

*APY – denotes Annual Percentage Interest Yield. The minimum opening deposit on all certificates is $500.00. A penalty may be imposed for early withdrawal. All rates are subject to change without notice. The above certificate interest rates effective 11/11/2022.

Coverdell Educational Savings Account Variable Rate

Coverdell Educational Savings Account Variable Rate
Term of Months APY* Dividend Rate
No Minimum 0.650% 0.648%

 

*APY – denotes Annual Percentage Interest Yield. The above Coverdell Educational Savings Account Variable Interest Rate effective 12/28/2022.