College Savings Certificate

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Looking for an easy way to save for your child's education?
Need to have peace of mind knowing your money will grow?
Want to earn the highest rate possible for a one-year certificate? 

You can jumpstart your educational investment by opening a Desert Schools College Savings Certificate with as little as $1,000. Even better, because this account is meant to fund educational advancement, Desert Schools automatically gives you the highest rate available for a one-year premium certificate.


College Savings Certificate
  • No monthly or annual service fees
  • Minimum $25 monthly transfer or payroll deduction1
  • Low $1,000 minimum balance
  • Competitive fixed, premium rate2
  • One-year term3
  • Free Online Banking, eStatements and PAL

Dividends reported annually via 1099-INT. Consult your tax adviser regarding your individual tax situation.
1Waived with opening deposit of $5,000 or more, or when account reaches a $5,000 balance.
2Dividend penalties apply for early withdrawal; waived with proof of high school graduation or certificate holder reaching age 18. Rates are based on the date/time that funds are received and processed.
3Certificate holder must be a member under age 18; the term will renew automatically at our current rate if no action is taken at certificate maturity.

Equal Housing Lender Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S.Government Agency. ©2014 Desert Schools Federal Credit Union