ESPAÑOL TOOLS AND CALCULATORS LOCATE A BRANCH CONTACT US Search Access Account INNOVATION BUSINESS PERSONAL WEALTH MANAGEMENT ABOUT US SAVINGS CESA (Coverdell Education Savings Account) Save and pay for the future with a CESA. This account allows tax- and penalty-free distributions for elementary, secondary and higher education expenses. Benefits Contribute up to $2,000 annually for each child younger than age 18 Enjoy tax-free earnings on your contributions Use the tax-free withdrawals for qualified education expenses such as tuition, fees, books, supplies and required equipment for eligible elementary, secondary or higher education institutions. Drop in one of our branch locations or call our One Call Center at (888) 522-2265 to get more information or open Coverdell Education Savings Account. Contact your tax or legal advisor to answer your specific questions about eligibility, distributions and penalties. PERSONAL BANKING Welcome Kit Checking Savings Rewards Plus Savings Rewards Savings Investor’s Money Market Preferred Money Market Savings Account Certificates of Deposit CDARS IRAs CESA (Coverdell Ed Savings Account) College Choice CD 529 Savings Resources Credit Cards Loans And Mortgages Innovation Business Personal Wealth Management About Us Apply Now Online Security Scholarships Access Account FDIC INSURANCE RULES PRIVACY POLICY TERMS & CONDITIONS © 2021 Lake City Bank | P.O. Box 1387 | Warsaw, IN 46581 | (888) 522-2265 | Equal Housing Lender | Institution ID #431669 | All Rights Reserved | Member FDIC