Offered with all of the features and tax benefits of
CollegeChoice CD, Fixed Rate CDs include 1- and 3-year options.
All CollegeChoice Fixed Rate CDs are:
- FDIC-insured to at least $250,000 per depositor.*
- free of enrollment fees or other management charges.
- affordable with multiple contribution options.
- offered with one- and three-year maturities.
CollegeChoice Fixed Rate CDs are designed for families that already know what is
important. Unlike the CDs offered by CollegeChoice CD, many other investments can
lose value and leave your child's college education underfunded. At
maturity, you can use the funds to pay qualified higher education expenses or re-invest
in another CollegeChoice CD, among other options, until your child
is ready to pay for school.
View Current Rates now! To lock in the posted CD rate, you must
Enroll Online. If you prefer
to mail in an Enrollment Form and check to fund the CD, it will be opened at the highest available rate for the term selected when your check is received. Call 1-888-913-2885 to submit your Enrollment Form over the phone.
*The Federal Deposit Insurance Corporation (FDIC) generally insures, with respect to each FDIC-insured institution, deposit accounts that are held in the same right and capacity up to the maximum amount set by federal law, currently $250,000. An account owner's interest in the insurable balance of a CollegeChoice CD account is insured by the FDIC on a pass-through basis to each account owner up to the maximum amount. Under applicable FDIC regulations, accounts that have the same owner will be deemed to be held in the same right and capacity and will be combined for purposes of the $250,000 limitation. Interest that accrues on a Fixed Rate CD or CollegeSure CD is also covered by FDIC deposit insurance, subject to these same limitations. The FDIC has taken the position, however, that payments similar to the upside payment on an InvestorSure CD are not subject to FDIC insurance until the CD matures.
The CollegeChoice CD 529 Savings Plan is not insured by the State of Indiana. Neither the principal invested nor the investment return is guaranteed by the State of Indiana.