Education IRA
An Education IRA may be set up by anyone in a child's name to save for their education.  A great way to begin a college saving plan for your child or loved one.

Account Features
  • Earnings accumulate tax-free.
  • Funds may be withdrawn tax-free to pay for
     any education expenses.
  • Your IRA may be accessed from your Online
     Banking account.
  • Free 24-Hour Telephone Banking access.
  • FDIC Insured up to $250,000.

Deposit And Balance Requirements
  • Minimum Opening Deposit: Varies by product.

Interest Rates
  • Click here for current interest rates.

Monthly Service Fees
  • No service fees to purchase.

Related Services
  • Online Banking¹
  • PowerPay Online Bill Payment¹
  • 24-Hour Telephone Banking
  • Automated Teller Machines (ATMs)
  • Personal Savings Account
  • Electronic Wire Transfers
  • Safe Deposit Boxes

Important Information  1.  Sign-up and activation required for Online Banking and PowerPay.  •  Federal regulations apply to all IRA's; some restrictions apply. There may be a substantial penalty for early withdrawal.  Individual retirement needs vary greatly.  Consultation with a tax advisor to select the IRA that is right for you is highly recommended.  •  Account subject to a $25 charge if the account closes within ninety (90) days of opening.  •  Deposits are insured up to $100,000 by the FDIC.