No annual administration fee. Penalty for early withdrawal. Payroll deduction available. Contributions are not tax deductible. Can make contributions even if you participate in an employer sponsored retirement plan.
Contributions are non-deductible.
Distributions are tax-exempt if used for qualified education expenses. Funds must be distributed or transferred before student reaches age 30. Complete information about terms and conditions of all accounts will be provided when you open an account or you may contact an employee of the Credit Union at any time to receive information. Follow this link for Current Interest Rates .