Rates current as of September 1, 2023
A Coverdell Education Savings Account (CESA) is a dividend earning account that is established in the name of a student to invest money specifically for educational purposes. A CESA can be used to pay for elementary, high school or college education expenses. A parent or legal guardian is able to deposit a maximum of $2,000 a year for any child under 18 years old.
Open a term certificate account at any First Credit Union branch. Find a location near you.
Accumulation Accounts for IRA, HSA, and CESA
| Term | APY* | Min. Amount |
|---|---|---|
| 7 Month CD Special | 3.80% 3.80% 3.80% | $500 $25,000 $50,000 |
| 1 year | 3.60% 3.65% 3.70% | $500 $25,000 $50,000 |
| 17 Month CD Special | 4.50% 4.50% 4.50% | $500 $25,000 $50,000 |
| 2 years | 3.70% 3.75% 3.80% | $500 $25,000 $50,000 |
| 3 years | 3.60% 3.65% 3.70% | $500 $25,000 $50,000 |
| 5 years | 3.50% 3.55% 3.60% | $500 $25,000 $50,000 |
| IRA (Traditional & Roth), HSA & CESA Accumulation Accounts | 1.25% | $50,000 |
*APY = Annual Percentage Yield. Dividends are prospective. In case of early withdrawal or fees, earnings could be reduced. The rate, APY, and fee schedule may change at any time without notice. Other investments are also available. Call (480) 756-5500 for more information.
THIS CREDIT UNION IS FEDERALLY INSURED BY THE NATIONAL CREDIT UNION ADMINISTRATION.
Routing Number: 322172742
Call Us 24/7 (480) 756-5500
