Coverdell ESAs - Concho Educators FCU

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Coverdell Educational Savings Account
$500 minimum opening deposit.
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Give your child the gift of education!

Seeing a child work toward a college degree is a parent's dream.  But with rapidly escalating costs of higher education, this dream can become a financial nightmare.  A Coverdell Educational Savings Account (ESA) can help parents sleep at night.


The main benefits of a Coverdell ESA include:

  • Unlike state 529 plans, Coverdell ESA's can be use to pay for qualified elementary and secondary education expenses
  • Earnings grow tax-free if distributions are used for qualified education expenses

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government National Credit Union Administration, a U.S. Government Agency.We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. NMLS#716532
Copyright © 2020 Concho Educators Federal Credit Union. All Rights Reserved.
National Credit Union Administration
Equal Housing Lender
About Us
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government National Credit Union Administration, a U.S. Government Agency.
We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.
National Credit Union Administration
Equal Housing Lender
National Credit Union Administration
Equal Housing Lender
Concho Educators
ACH Routing # 311387865
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