Variable rate CDs indexed to college inflation rate as measured by the IC500 index by the College Board.
Important Update: Effective October 21, 2016, we no longer offer CollegeSure CDs. CollegeSure CDs issued prior to October 21, 2016 will remain outstanding until their stated maturity dates under the current product terms and conditions .
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The Bank Plan is sponsored by the State of Arizona and administered by the Arizona State Treasurer’s Office (ASTO). The Arizona State Board of Investment (BOI) is Trustee of the Trust. College Savings Bank, a Division of NexBank (CSB) serves as Program Manager for the Bank Plan. CSB provides recordkeeping and administrative services with overall responsibility for the day-today operations, including marketing and distribution of the Bank Plan. CSB offers FDIC-insured certificates of deposit (CDs) and a high-yield savings account. CDs may be subject to early withdrawal penalties. For additional information, please refer to the Bank Plan Disclosure Statement. Download the Bank Plan Highlights Brochure.
Tax and other penalties may apply to non-qualified withdrawals from the Bank Plan account. You should consult your financial, tax, or other adviser to learn how state-based benefits (or limitations) will apply to your specific circumstances. The Bank Plan is not insured by the State of Arizona, nor is the principal and interest invested in the plans thereon guaranteed by the State of Arizona.