| Regular Savings
We offer a traditional savings account that pays quarterly interest with no minimum balance requirement and no service charges. It is the perfect account for adults and children alike.
Coverdell Education Savings Accounts (CESA)
A Coverdell Education Savings Account is a type of tax-preferred savings and investment account authorized and regulated by the Internal Revenue Service. This account can be used to pay for elementary and secondary education (kindergarten through 12 th grade) expenses incurred in public, private or religious schools, as well as for college, technical school or postgraduate work.
Any person may make a contribution to a Coverdell Education Savings Account to benefit a child, grandchild or friend. What a great way to prepare for those ever-increasing educational expenses.
The benefit to a Coverdell Education Savings account holder is the ability to use this money for qualified educational purposes and not have to pay income tax on the interest paid into the account.
Please contact us for more information on this wonderful opportunity.
Insured Money Market Savings
Equal Housing Lender
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