Students Eating Lunch

Coverdell Educational Savings 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 for more information.

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

Join WRCU Schedule An Appointment Contact Us

Coverdell Educational Savings Account

Coverdell Educational Savings Account
Term of Months APY* Dividend Rate
3 0.20% 0.200%
6 0.30% 0.300%
12 0.50% 0.499%
18 0.60% 0.598%
24 0.70% 0.698%
30 0.80% 0.797%
36 1.00% 0.995%
48 1.10% 1.094%
60 1.20% 1.193%

*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 8/3/2022.

IRA Variable Interest Rate

Balance APY* Interest
No Minimum 0.075% 0.075%

*APY – denotes Annual Percentage Interest Yield. The above IRA Variable Interest Rate effective 6/22/2022.