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PERSONAL BANKING

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BUSINESS BANKING

Coverdell Education Savings

A grade-A way to make tax-free contributions toward education.

A grade-A way to make tax-free contributions toward education.

With the cost of education ever increasing, parents, grandparents or friends can help lessen the education burden with tax-free contribution to this unique kind of IRA.

A non-deductible $2,000 a year can be contributed for each child, and the earnings stay federally tax-free as long as they are used to pay for a child’s qualified education expenses.

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