College Savers Fund
Our College Savers Fund is a special fund that allows you to prepare for your child’s future. The account pays the same rate as the US EE Bond. The rate changes in conjunction with the EE Bond rate every six months. Regular, automatic deposits are encouraged in this account in order to build assets for college. Funds may be withdrawn upon graduation from high school or at the age of 18, without penalty.
College Savers Fund Details
- $25 minimum deposit to open account
- Semi-annual statement
- Closed account fee is the loss of 6 months interest ($25 minimum)
- No withdrawals by check or pre-authorized transfers