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Coverdell ESA

Education matters to us at Azura. It's never too early to open an education savings account for your child's future.

Coverdell Education Savings Account 

Coverdell ESA features and benefits:

  • No set up or maintenance fees
  • Earnings grow tax-free
  • Contributions are not tax-deductible
  • Withdrawals are tax- and penalty-free for qualified educational expenses*
  • Invest up to $2,000 per child up to age 18
  • Contributions do not count against limits of other IRAs
  • Distributions must be complete by age 30 or death
  • NCUA insured up to $250,000


*Penalty will apply if used for something other than qualified education expenses. Please consult your tax advisor for eligibility.

Membership Benefits

At Azura, we are dedicated to innovative banking solutions. We give our members awesome benefits because we know when they succeed, the communities we serve succeed.