Coverdell Education Savings Accounts (CESA)

Invest in your child’s education while being part of a credit union that invests in your community – it’s a win/win. With our Coverdell Education Savings Accounts, you can get started with $5 and save for qualified elementary or high school expenses, or your child’s college education.

Your education savings account is tax- and penalty-free, and anyone can make contributions – even your child. Contribute as much as $2,000 per year, per dependent (dependents must be under age 18). To find out if you are eligible to open an account, contact us today!

Call us at 505-889-7755 (800-347-2838 outside the Albuquerque area) or make an appointment at a branch near you.

Benefits of Coverdell Education Savings Accounts

  • Open an account and start earning dividends with just $5
  • Anyone may contribute
  • Contribute up to $2,000 per year, per dependent
  • Prior-year contributions may be made until income tax deadline

Forging a new path in banking.

Nusenda Credit Union. The Power of WE®.

Learn more

Federally Insured By NCUA

Access your account when you are away from home, thanks to the Credit Union Shared Branching Network or CO-OP network of nearly 30,000 ATMs

Easy online access to your account through online banking and the Mobile App