Login menu IN THIS SECTION Home Investing Coverdell Education Savings Account (CESA) COVERDELL EDUCATION SAVINGS ACCOUNT If college is in your family’s future, open a Coverdell Education Savings Account today. A Coverdell Education Savings Account (CESA) is similar to a traditional IRA, but differs in two key ways: It’s typically set up with an educational purpose in mind, and anyone can contribute to it. That includes students, parents, grandparents, relatives, friends, employers, etc. You can set up a separate CESA for multiple children under 18. Funds must be redeemed before each account holder is 30. Other features of a Great Western Bank CESA include: Qualified educational uses are tax-free Contribute up to a maximum amount allowed by law per child, per year No fees to maintain your account No fees for internal transfers or rollovers Refer-A-Friend Share your love for Great Western Bank with friends and family. You could earn up to $500! GET STARTED CUSTOMER SERVICE 1.800.952.2043 24-HOUR PHONE BANKING 1.866.694.9226 AFTER HOURS LOST OR STOLEN CARDS ATM/Debit 1.800.535.8440 Credit 1.855.594.3254 DEBIT CARD ACTIVATION/PIN RESET 1.866.985.2273 About Us Blog Demos Financial Tools Annual Report Careers FAQs Investor Relations Accessibility Online Privacy Privacy Policy Terms of Use ©2017 Great Western Bank Member FDIC