The future is now! Parents and grandparents can open this account in a child's name to invest for their future education. The rates are greater than regular savings and the dedicated funds remain federally insured.

  • Greater returns than savings accounts
  • Can be opened for any child with Social Security number
  • Parent, guardian, or grandparent must be joint owner
  • Savings dedicated for future education expenses
  • Penalty for early withdrawal
  • No penalty if withdrawal payable to school
  • Joint owner's signature required for any withdrawals up to age 18

Federally insured by the National Credit Union Administration to $250,000.

Excess coverage for consumer accounts up to $200,000 by American Share Insurance.