ATM & Office Locations

List all SEFCU Locations

girl with paris wall poster

Coverdell Education Share Certificates

Save up to $2,000 a year for education expenses with a Coverdell Education Share Certificate.

Looking for a Better Way to Save for College?

SEFCU can help with a Coverdell Education Share Certificate. Opened by a custodian for a beneficiary, these certificates allow you to contribute up to $2,000 a year in after-tax dollars to pay for education expenses. Earnings can be withdrawn tax-free to pay for the beneficiary’s education expenses (i.e., tuition, books, supplies and equipment), while contributions may be withdrawn tax- and penalty-free at any time for any reason. You can keep contributing until the beneficiary reaches 18 - and even transfer the account to another family member under the age of 30.

Open a Coverdell Education Share Certificate Today

  • Visit a branch near you 
  • Call the Member Solutions Center at 518-452-8183 or 800-727-3328
Note: Minimum to open and obtain APY for all Share Certificates, except for Smart Sense Share Certificates is $500. Minimum to open and obtain APY for a Smart Sense Share Certificate is $100; Fees may reduce earnings. For Share Certificates, penalties may apply for early withdrawal.