Coverdell Education Savings Account - Yolo Federal Credit Union Skip to main content

Yolo FCU Mobile


Free - On the App Store


Yolo FCU Mobile


Free - On the App Store

What Is It?

Coverdell Education Savings Account from Yolo Federal

You want the best for your child. With a Coverdell Education Savings Account, you and your family can make tax-free contributions* to their future. It’s the perfect way to plan ahead.

*Please consult your tax advisor

Why Yolo Federal

Just the right solution

  • Contribute up to $2,000 per year
  • Anyone can deposit money into the account
  • Use for any qualified education expense, not just college
  • Leftover funds can be transferred to another child

Rates & Fees

IRA, ROTH, Coverdell ESA & SEP

Minimum Daily Balance Dividend Rate Annual Percentage Yield
$0 0.03% 0.03%
$100 0.03% 0.03%
$10,000 0.03% 0.03%
$50,000 0.03% 0.03%
$100,000 0.03% 0.03%

Effective Date: April 1, 2024. Last Dividend Declaration Date: March 31, 2024. Rates subject to change at any time.

Dividends paid from current income and available earnings after required transfer to reserves at the end of the dividend period. Rates are subject to change without notice as determined by the Credit Union’s Board of Directors. Fees could reduce earnings on accounts. Some restrictions may apply.

Savings Calculator

Total Savings

Fraud—Protect Yourself

We proactively work to protect members against fraud. All of our Debit and Credit Cards come with ID Navigator through NortonLifeLock™ to help protect you against identity theft. If you suspect fraud or have questions, please call, schedule an appointment, or click on Let's chat! to speak with a Yolo FCU representative.

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