Education Savings Accounts (ESA)
A CapEd ESA is a way to save for eligible education expenses for a child.

What is an Education Savings Account?
An Education Savings Account is a great solution to save for future eligible education expenses for your child. This account may be invested in a regular savings or a certificate. That means you can either continue to deposit money over time to save, or you can utilize it as a certificate account and withdraw the funds once it reaches maturity.
Benefits and Features
- An easy way to save for college or private school
- Earns dividends that are compounded and credited quarterly
- Flexible investment options
- Possible tax advantages1
Rates
Rates for ESA Savings and ESA Certificates
ESA Savings
Dividend Rate | APY2 |
---|---|
0.50% | 0.50% |
ESA Certificates
Rates current as of .
Term | Minimum Deposit | Dividend Rate | APY1 |
---|---|---|---|
5 Months | $ | % | % |
All promotional certificates must be opened with funds that are not currently held in a CapEd Credit Union account or that have been deposited to a CapEd Credit Union account less than 30 days.
Term | Minimum Deposit | Dividend Rate | APY1 |
---|---|---|---|
6 Months | $500 | % | % |
$10,000 | % | % | |
$50,000 | % | % | |
12 Months | $500 | % | % |
$10,000 | % | % | |
$50,000 | % | % | |
18 Months | $500 | % | % |
$10,000 | % | % | |
$50,000 | % | % | |
24 Months | $500 | % | % |
$10,000 | % | % | |
$50,000 | % | % | |
36 Months | $500 | % | % |
$10,000 | % | % | |
$50,000 | % | % | |
48 Months | $500 | % | % |
$10,000 | % | % | |
$50,000 | % | % | |
60 Months | $500 | % | % |
$10,000 | % | % | |
$50,000 | % | % |
Resources
Tools to help you with your educational goals.