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 Arizona Commission for Postsecondary Education - AZ Family College Savings Program (529)
 
...expanding access and increasing success in postsecondary education

Investment Options - College Savings Bank

 

College Savings Bank

College Savings bank offers three direct to consumer sold FDIC insured Certificates of Deposits (CD’s) along with a savings account.  All College Savings Bank’s savings options are FDIC insured up to $250,000.

  CollegeSure CD InvestorSure CD Fixed Rate CD

Interest Rate

Variable
Variable
Fixed

Rate Calculation

Indexed to the rise in college costs
Indexed to S&P 500 Composite Index

FDIC Insured

Yes
Yes
Yes

Minimum Deposit

$25 with payroll direct deposit*
$100 with payroll direct deposit*
$100 with payroll direct deposit*

Fees

None
None
None

Maturities

1 to 22 years
5 year
1& 3 year

Qualifies For tax Incentive

Yes
Yes
Yes

Principal Guarantee

Yes
Yes
Yes

Combined Account Maximum

$340,000
$340,000
$340,000

 

For more information visit http://arizona.collegesavings.com/arizona

* Please view provider disclosure for further details

College Savings Bank Logo

The Arizona Family College Savings Plan is not insured by the State of Arizona or any of the program providers. Neither the principal deposited nor the investment return is guaranteed by the State of Arizona or the program providers.