Coverdell Education Savings Account
Start saving now for a child's education with an America First Coverdell Education Savings Account (CESA).
- Deposit up to $2000 per year for each child under 18
- Withdraw money without penalty as long as it is used for higher education
- Qualified withdrawals are tax-free since deposits are made after taxes
- Money must be withdrawn by the time the child reaches age 30 (late withdrawal penalty may apply)
- Open a CESA Certificate with a $500 minimum deposit
- Open a CESA Accumulator with no minimum deposit required
- Open a CESA Dedicated Savings Account, with no minimum deposit and a minimum automatic transfer of $10.00 per month.
Visit a local branch to Open a Coverdell Education Savings Account today!
· Penalties may apply for early withdrawal.


