College Savings Bank Fixed Rate CDs
Offered with all of the features and tax benefits of a 529 Plan, the College Savings Bank series of fixed rate CDs include one- and three-year options and an interest rate bonus for large deposits.
Click to enroll online
Call 1-800-888-2723 to submit your application on the phone.
| | |
| 1 Year (regular) | 1.85% | $500 |
| 3 Year (regular) | 3.20% | $500 |
| 1 Year (large) | 1.90% | $10,000 |
| 3 Year (large) | 3.25% | $10,000 |
*APY (Annual Percentage Yield) is accurate as of
All College Savings Bank fixed rate CDs are:
- FDIC Insuranced. Principal and interest are FDIC-insured to at least $250,000 per depositor. On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2009.
- free of enrollment fees or other management charges that may erode your return on investment.
- affordable with multiple deposit options. You can mail in deposits of as little as $500, or sign up for a direct deposit program. Direct deposits from your bank or brokerage account are as low as $250 a month. Payroll direct deposits are as little as $100 per pay period.
- designed for families that already know what is important. Unlike the CDs offered from College Savings Bank, many other college investments can lose value and leave your child’s college education underfunded.
- offered with one- and three-year maturities. At maturity, you can use the funds to pay qualified higher education expenses, re-invest in another College Savings Bank CD, or move the funds to another 529 plan until your child is ready to pay for school.
Click for the Disclosure Statement
To lock in the posted CD rate, you must open and fund your CD online. If you prefer to mail in a check to fund the CD, it will be opened at the highest available rate for the term selected when your check is received.
Please mail all checks to:
College Savings Bank
c/o fixed rate CDs
5 Vaughn Drive
Suite 100
Princeton, NJ 08540