Routing Number: 322077795

Education Savings Account (ESA)

Set your kids up for success with a college savings account.

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Before you know it, it’ll be college time and that COSTS A LOT. Make sure there are no surprises with the Coverdell Education Savings Account (ESA).

It’s the perfect way to save for education expenses and get tax benefits at the same time.

  • Can be used toward qualified education expenses including but not limited to: tuition, books, supplies, tutoring, uniforms and transportation
  • Contributions earn interest tax-deferred until distributed, but no taxes will be owed on distributions from the account if it is equal to or less than the child’s qualified education expenses
  • Yearly contribution limit of $2,000 per child applies

For more info, visit our IRA Service Center

Open an account today!

Open an ESA

Printable version
National Credit Union Administration

This Credit Union is federally insured by the National Credit Union Administration. This Credit Union is an Equal Housing Lender, we make loans without regard to race, color, religion, national origin, sex, handicap, or familial status.

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© 2020 Farmers Insurance Group Federal Credit Union.

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